The Nifty ended with marginal gains last week. But that hides the weak momentum of the market.
Probably, every trader would like to see higher volatility in the market. But when volatility comes, as it did last week, the traders would be the first to run for cover.
Till the week before last, neither call options nor put options buyers could make any money because of the benchmark index’s range-bound moves.
After moving in sideways range for more than eight sessions, the Nifty witnessed a correction last week, losing a net 210 points, but it lost 333 points from the high of 10,929 it had touched on Tu
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.