The year 2018 hasn’t started exactly with a bang. Rather, a whimper could be heard from the very beginning that this was going to be a volatile year for India’s capital markets.
Despite the more than 1.7 per cent gains made by the Nifty last week, the broader market actually corrected in the up-one-day, down-next-day moves.
Last week, buyers and sellers of both call and put options kept wondering why did they buy options at all, because the decline in time value leads to a situation where none gains, regardless of the
After five consecutive weeks of gains, the Nifty fell to profit-booking last week and lost 74.05 points in the four-session week.
Unlike in the previous few weeks, last week saw traders with long positions in put options making gains, as the Nifty closed with losses in the last three trading sessions.
In a way, the surprise gains made by the Nifty last week were nothing spectacular. An up-move of 1.21 per cent in a week is quite normal.
Thinking up strategies at the start of a new series may appear an easy thing, but in reality, it is the most difficult task.
Market analysts are wont to get hyperactive twice a year. They get into a compulsive habit of reviewing the performance of various assets classes at the end or start of a calendar year.
Last week was largely an extension of the previous week’s trend. The only difference was that the market breadth got volatile on some days, with slightly negative bias.
This week is an interesting one for the derivatives segment.