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Jan 16, 2024
Khanpur Rajasthan Assembly Constituency Election 2023: Date of Result, Voting, Counting; Candidates

As anticipation mounts for the upcoming Khanpur Constituency Election in Rajasthan, voters are eagerly awaiting the big battle that kicks off with the announcement of key dates by the Election Commission of India. Here, we provide you with essential details about the Khanpur Constituency Assembly Election 2023 that every voter should be aware of.

Khanpur Constituency Rajasthan Assembly Election 2023: Voting Date

The voting date for the Khanpur Assembly Constituency Election 2023 has been officially announced by the Election Commission. As per the ECI, Khanpur Assembly Constituency will go to polls on November 25. Stay tuned for updates as we bring you the latest information.

Khanpur Rajasthan Election 2023: Candidates

Watch this space as prominent political parties, including the Bharatiya Janata Party (BJP)Indian National Congress (INC)and Independent(IND) along with others, are poised to reveal their candidates for the Khanpur Assembly Constituency Election 2023 post the official declaration of voting dates by the Election Commission of India.

Stay informed as we bring you the latest updates on the Khanpur Assembly Constituency Election 2023, keeping you abreast of all the developments and insights that matter to you.

Khanpur Constituency RJ Election Result: What happened in 2018

Narendra Nagar from Khanpur of Rajasthan, won the seat with 85984 votes. He defeated Indian National Congress’ Suresh who had polled 83719 votes. The winning margin was 2265 votes.

2018 Khanpur Assembly Constituency Election Result

Winning Candidate NameParty NameTotal VotesNarendra NagarBharatiya Janata Party85984

Candidate List Party Name Votes Gained (Vote %) Narendra Nagar Bharatiya Janata Party 85984 (46.92%) Suresh Indian National Congress 83719 (45.68%) Arjun Singh Gaur Independent 5534 (3.02%) None Of The Above None Of The Above 2415 (1.32%) Mohan Lal Bahujan Samaj Party 1756 (0.96%) Nandkishor Sharma Aam Aadmi Party 1334 (0.73%) Pramod Kumar Tiwari Independent 1334 (0.73%) Ratanlal Independent 715 (0.39%) Kanhaiyalal Independent 463 (0.25%)

Khanpur Constituency RJ Election Result: What happened in 2013

In the Rajasthan Assembly election of 2013, Narendra Nagar won from the Khanpur seat garnering 73955 votes and defeated Indian National Congress candidate Sanjay Gurjar who bagged 42999 votes. The candidate who came third was National People’s Party’ Anil Jain.

Narendra Nagar got 73955 votes while Sanjay Gurjar got 42999 votes.

2013 Khanpur Assembly Constituency Election Result

Winning Candidate NameParty NameTotal VotesNarendra NagarBharatiya Janata Party73955

Candidate List Party Name Votes Gained (Vote %) Narendra Nagar Bharatiya Janata Party 73955 (45.75%) Sanjay Gurjar Indian National Congress 42999 (26.6%) Anil Jain National People’s Party 33624 (20.8%) Anil Kumar Independent 5324 (3.29%) None Of The Above None Of The Above 2874 (1.78%) Ramswaroop Bairwa Bahujan Samaj Party 1639 (1.01%) Rajesh Singhvi Independent 1220 (0.75%)

Khanpur Constituency RJ Election Result: What happened in 2008

Anil Kumar of the BJP was the winning candidate from the Khanpur constituency in the RJ Assembly elections 2008, securing 63664 votes while 58709 votes were polled in favour of Meenakshee Chandrawat of the INC. The margin of victory was 4955 votes.

2008 Khanpur Assembly Constituency Election Result

Winning Candidate NameParty NameTotal VotesAnil KumarBJP63664

Candidate List Party Name Votes Gained (Vote %) Anil Kumar BJP 63664 (48.75%) Meenakshee Chandrawat INC 58709 (44.95%) Mohan Lal Bhil BSP 2959 (2.27%) Ramswaroop Bairwa ABCD(A) 2807 (2.15%) Ram Pratap JD(S) 1015 (0.78%) Morpal BJSH 532 (0.41%) Rajaram Maghwal BHBP 473 (0.36%) Abdul Farid Khan SP 441 (0.34%)

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Jan 13, 2024
FII DII data: FPI sold shares worth Rs 3065.35 crore, DII bought shares worth Rs 2371.36 crore on Feb 2

Foreign institutional investors (FII) sold shares worth a net Rs 3065.35 crore while domestic institutional investors (DII) bought shares worth a net Rs 2371.36 crore on Thursday, February 2, 2023, according to the data available on NSE. For the month till February 2, FIIs sold shares worth a net Rs 1,280.14 while DIIs bought shares worth a net Rs 2,900.83 crore. In the month of January, FIIs sold shares worth a net of Rs 41,464.73 crore while DIIs purchased equities worth a net of Rs 33,411.85 crore.

Foreign institutional investors (FII) or Foreign portfolio investors (FPI) are those who invest in the financial assets of a country while not being part of it. On the other hand, domestic institutional investors (DII), as the name suggests, invest in the country they’re living in. Political and economic trends impact the investment decisions of both FIIs and DIIs. Additionally, both types of investors — foreign institutional investors (FIIs) and domestic institutional investors (DIIs) —  can impact the economy’s net investment flows.

“The Nifty witnessed swings in both directions on February 02 & ultimately posted a minor negative close. Despite multiple attempts, the index couldn’t sustain in the positive territory. The hourly chart shows that the 20 HMA acted as a cap on the higher side, whereas the hourly lower Bollinger Band offered support to the index. Thus 17650 – 17450 is the tight range within the overall short-term range of 17350-18000. The bulls can get some relief if the index crosses the 17650-17700 area on the higher side,” said Gaurav Ratnaparkhi, Head of Technical Research, Sharekhan by BNP Paribas.

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Jan 11, 2024
Tuikum Mizoram Assembly Constituency Election 2023: Date of Result, Voting, Counting; Candidates

Tuikum MZ Assembly Election 2023 Details: The election for Tuikum Assembly Constituency in Mizoram will be held on November 7 this year. The final date of voting and result were known after the formal announcement by the Election Commission of India. Here are the important details of the Tuikum Constituency Assembly Election 2023 that you should know.

Tuikum Constituency Mizoram Assembly Election 2023: Voting Date

November 7 is the date of voting for the Tuikum Assembly Constituency Election 2023 as announced by the Election Commission of India.

Tuikum Constituency Mizoram Election 2023: Candidates List

Bharatiya Janta Party (BJP), Congress and other political parties in the state will announce their candidates for the Tuikum Assembly Constituency Election 2023 after the announcement of voting dates by the Election Commission of India.

Why Tuikum Constituency Assembly Election 2023 is Important

Tuikum is a state Assembly/Vidhan Sabha constituency in the state of Mizoram and is part of the Tuikum Lok Sabha/Parliamentary constituency. Tuikum falls in the Tuikum district of Mizoram and is categorised as an urban seat.

Tuikum Constituency MZ Election Result: What happened in 2018

Er Lalrinawma of the Mizo National Front was the winning candidate from the Tuikum constituency in the MZ Assembly elections 2018, securing 5439 votes while 4042 votes were polled in favour of Sangzela Tlau of the Indian National Congress. The margin of victory was 1397 votes.

2018 Tuikum Assembly Constituency Election Result

Winning Candidate NameParty NameTotal VotesEr LalrinawmaMizo National Front5439

Candidate List Party Name Votes Gained (Vote %) Er Lalrinawma Mizo National Front 5439 (39.85%) Sangzela Tlau Indian National Congress 4042 (29.62%) P C Vanlalruata Independent 3810 (27.92%) Lalnunmawia Chhakchhuak Bharatiya Janata Party 140 (1.03%) Lalruatfeli Hlawndo Independent 135 (0.99%) None Of The Above None Of The Above 59 (0.43%) Rc Rohmingthanga Peoples Representation For Identity And Status Of Mizoram Party 22 (0.16%)

Tuikum Constituency MZ Election Result: What happened in 2013

Er Lalrinawma of the Mizo National Front was the winning candidate from the Tuikum constituency in the MZ Assembly elections 2013, securing 4467 votes while 4453 votes were polled in favour of K Lianzuala of the Indian National Congress. The margin of victory was 14 votes.

2013 Tuikum Assembly Constituency Election Result

Winning Candidate NameParty NameTotal VotesEr LalrinawmaMizo National Front4467

Candidate List Party Name Votes Gained (Vote %) Er Lalrinawma Mizo National Front 4467 (35.53%) K Lianzuala Indian National Congress 4453 (35.42%) Pc Vanlalruata Zoram Nationalist Party 3575 (28.43%) None Of The Above None Of The Above 78 (0.62%)

Tuikum Constituency MZ Election Result: What happened in 2008

K Lianzuala of the INC was the winning candidate from the Tuikum constituency in the MZ Assembly elections 2008, securing 4265 votes while 3863 votes were polled in favour of Vanlalhlana of the MPC. The margin of victory was 402 votes.

2008 Tuikum Assembly Constituency Election Result

Winning Candidate NameParty NameTotal VotesK LianzualaINC4265

Candidate List Party Name Votes Gained (Vote %) K Lianzuala INC 4265 (36.81%) Vanlalhlana MPC 3863 (33.34%) T C Pachhunga MNF 2341 (20.2%) T Lalhmingthanga IND 605 (5.22%) C Chawimawia IND 453 (3.91%) H Lalthangmawia LJP 60 (0.52%)

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Jan 11, 2024
Adani Group stocks survive MSCI indices review for now, but sword hangs over weightage; this is what can hurt

Morgan Stanley Capital International (MSCI) on Thursday cut the free-float designations of four Adani group stocks, a move that analysts have warned could impact index weightings. The index provider said in a statement it has reduced the free floats of Adani Enterprises, Adani Total Gas, Adani Transmission and ACC. The remaining Adani group companies’ free floats will remain the same. The four companies, for which the free float designation change was announced, had a combined 0.4% weighting in the MSCI emerging markets index as of 30 January. The changes come into effect on 1 March 2023.

MSCI said Wednesday it was reviewing the amount of shares linked to the group that were freely tradable in public markets. Given the reduction in weightage, Adani Transmission (-$145 million), Adani Total Gas (-$110 million) and Adani Enterprises (-$161 million) might see the heaviest outflow among all, according to Nuvama Alternative & Quantitative Research. Other stocks that are likely to witness selling due to a reduction in weightage are HCL Technologies (-$97 million), Jindal Steel & Power (-$19 million), Shriram Finance (-$14 million), and ACC (-$12 million), the brokerage firm added.

Meanwhile, Bank of Baroda and CG Power & Industrial have been included in the MSCI India index, while Biocon has been excluded from the index, said MSCI in a release. With this, CG Power and Bank of Baroda could witness inflows of around $161 million and $145 million, respectively, according to Abhilash Pagaria of Nuvama Alternative & Quantitative Research. Whereas Biocon could see an outflow of $68 million, he added in the note. These changes will take place as of the close of 28 February 2023, MSCI added.

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Jan 9, 2024
Nifty downtrend likely to continue, go slow on fresh longs; Buy these two stocks for potential gains

By Subash Gangadharan

Nifty 50 has been trending lower for the last few weeks and making lower tops and lower bottoms in the process. And Nifty has been moving lower after the recent breakdown from 16,824-17,415 trading range. While we remain open to pullback rallies in the very near term, we expect the downtrend to continue. Our short term bearish view would turn bullish only if the Nifty manages to take out the highs of 17,133. Therefore recommend a go-slow approach on fresh longs till we see signs of sustainable strength.

Buy Gujarat Gas

Gujarat Gas has shown relative strength this week. While the Nifty index has lost 1.27% this week, Gujarat Gas has gained 4.55% over the same time period. In the process, the stock has also broken out of its recent trading range on the back of above average volumes.

Zooming into the daily chart, we can observe that the stock trades above the 20 day SMA. Daily momentum indicators like the 14-day RSI too are in rising mode and not overbought, which augurs well for the short term uptrend to continue.

We therefore believe the stock has the potential to move higher and take out its previous intermediate highs in the coming weeks. We recommend a buy between the 537-541 levels. CMP is 539.35. Stop loss is at 502 while target is at 600.

Buy Axis Bank

After correcting from a high of 816 touched in April 2022, Axis Bank found support at the 648 levels in May 2022. These are strong support levels as they correspond to previous intermediate lows touched in December 2021.

On Wednesday, the stock broke out of its recent trading range. Momentum readings like the 14-day RSI too have bounced back from oversold levels and are in rising mode now.

With the intermediate technical set up too looking positive, we believe the stock has the potential to move higher in the coming weeks and therefore recommend a buy between the 670-680 levels. CMP is 675.85. Stop loss is at 655 while target is at 710.

(Subash Gangadharan is a Senior Technical and Derivative Analyst at HDFC Securities. Views expressed are the author’s own. Please consult your financial advisor before investing.)

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Jan 9, 2024
Jhalrapatan Rajasthan Assembly Constituency Election 2023: Date of Result, Voting, Counting; Candidates

As anticipation mounts for the upcoming Jhalrapatan Constituency Election in Rajasthan, voters are eagerly awaiting the big battle that kicks off with the announcement of key dates by the Election Commission of India. Here, we provide you with essential details about the Jhalrapatan Constituency Assembly Election 2023 that every voter should be aware of.

Jhalrapatan Constituency Rajasthan Assembly Election 2023: Voting Date

The voting date for the Jhalrapatan Assembly Constituency Election 2023 has been officially announced by the Election Commission. As per the ECI, Jhalrapatan Assembly Constituency will go to polls on November 25. Stay tuned for updates as we bring you the latest information.

Jhalrapatan Rajasthan Election 2023: Candidates

Watch this space as prominent political parties, including the Bharatiya Janata Party (BJP)Indian National Congress (INC)and Independent(IND) along with others, are poised to reveal their candidates for the Jhalrapatan Assembly Constituency Election 2023 post the official declaration of voting dates by the Election Commission of India.

Stay informed as we bring you the latest updates on the Jhalrapatan Assembly Constituency Election 2023, keeping you abreast of all the developments and insights that matter to you.

Jhalrapatan Constituency RJ Election Result: What happened in 2018

Vasundhara Raje from Jhalrapatan of Rajasthan, won the seat with 116484 votes. He defeated Indian National Congress’ Manvendra Singh who had polled 81504 votes. The winning margin was 34980 votes.

2018 Jhalrapatan Assembly Constituency Election Result

Winning Candidate NameParty NameTotal VotesVasundhara RajeBharatiya Janata Party116484

Candidate List Party Name Votes Gained (Vote %) Vasundhara Raje Bharatiya Janata Party 116484 (54.14%) Manvendra Singh Indian National Congress 81504 (37.88%) Shreelal Independent 7490 (3.48%) None Of The Above None Of The Above 3125 (1.45%) Ghayas Ahmed Khan Bahujan Samaj Party 2684 (1.25%) Goverdhan Dangi Aam Aadmi Party 1602 (0.74%) Viram Lal Independent 1215 (0.56%) Mohammad Nasir Independent 567 (0.26%) Karan Sharma Independent 497 (0.23%)

Jhalrapatan Constituency RJ Election Result: What happened in 2013

In the Rajasthan Assembly election of 2013, Vasundhra Raje won from the Jhalrapatan seat garnering 114384 votes and defeated Indian National Congress candidate Meenakshi Chandrawat who bagged 53488 votes. The candidate who came third was None Of The Above’ None Of The Above.

Vasundhra Raje got 114384 votes while Meenakshi Chandrawat got 53488 votes.

2013 Jhalrapatan Assembly Constituency Election Result

Winning Candidate NameParty NameTotal VotesVasundhra RajeBharatiya Janata Party114384

Candidate List Party Name Votes Gained (Vote %) Vasundhra Raje Bharatiya Janata Party 114384 (63.14%) Meenakshi Chandrawat Indian National Congress 53488 (29.53%) None Of The Above None Of The Above 3729 (2.06%) Devlal Dangi Bahujan Samaj Party 3100 (1.71%) Wahid Khan Bharatiya Yuva Shakti 2708 (1.49%) Radheshyam Solanki Independent 1684 (0.93%) Suleman Independent 1206 (0.67%) Nayaj Mohammad Independent 858 (0.47%)

Jhalrapatan Constituency RJ Election Result: What happened in 2008

Vasundhara Raje of the BJP was the winning candidate from the Jhalrapatan constituency in the RJ Assembly elections 2008, securing 81593 votes while 49012 votes were polled in favour of Mohan Lal of the INC. The margin of victory was 32581 votes.

2008 Jhalrapatan Assembly Constituency Election Result

Winning Candidate NameParty NameTotal VotesVasundhara RajeBJP81593

Candidate List Party Name Votes Gained (Vote %) Vasundhara Raje BJP 81593 (56.59%) Mohan Lal INC 49012 (33.99%) Abdul Quyyum Siddiqui BSP 3051 (2.12%) Suleman IND 3010 (2.09%) Kailash LJP 2198 (1.52%) Kewal Kishan Bhatiya IND 1448 (1%) Bajrang Lal Gurjar IND 1263 (0.88%) Abdul Saied IND 834 (0.58%) Jhapatmal BJSH 677 (0.47%) Wahid Khan SP 422 (0.29%) Daluram Meghwal BHBP 370 (0.26%) Prahlad Singh ABCD(A) 308 (0.21%)

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Jan 3, 2024
Kekri Rajasthan Assembly Constituency Election 2023: Date of Result, Voting, Counting; Candidates

Kekri RJ Assembly Election 2023 Details: The election for Kekri Assembly Constituency in Rajasthan will be held on November 25 this year. The final date of voting and result were known after the formal announcement by the Election Commission of India. Here are the important details of the Kekri Constituency Assembly Election 2023 that you should know.

Kekri Constituency Rajasthan Assembly Election 2023: Voting Date

November 25 is the date of voting for the Kekri Assembly Constituency Election 2023 as announced by the Election Commission of India.

Kekri Constituency Rajasthan Election 2023: Candidates List

Bharatiya Janta Party (BJP), Congress and other political parties in the state will announce their candidates for the Kekri Assembly Constituency Election 2023 after the announcement of voting dates by the Election Commission of India.

Why Kekri Constituency Assembly Election 2023 is Important

Kekri is a state Assembly/Vidhan Sabha constituency in the state of Rajasthan and is part of the Kekri Lok Sabha/Parliamentary constituency. Kekri falls in the Kekri district of Rajasthan and is categorised as an urban seat.

Kekri Constituency RJ Election Result: What happened in 2018

Raghu Sharma of the Indian National Congress was the winning candidate from the Kekri constituency in the RJ Assembly elections 2018, securing 95795 votes while 76334 votes were polled in favour of Rajendra Vinayaka of the Bharatiya Janata Party. The margin of victory was 19461 votes.

2018 Kekri Assembly Constituency Election Result

Winning Candidate NameParty NameTotal VotesRaghu SharmaIndian National Congress95795

Candidate List Party Name Votes Gained (Vote %) Raghu Sharma Indian National Congress 95795 (53.24%) Rajendra Vinayaka Bharatiya Janata Party 76334 (42.42%) Devkaran Singh Kharol Bahujan Samaj Party 1903 (1.06%) None Of The Above None Of The Above 1763 (0.98%) Surendar Singh Ranawat Independent 1143 (0.64%) Rajesh Saini Independent 1041 (0.58%) Abdul Rajjak Aam Aadmi Party 929 (0.52%) Jagdish Pilaniya Independent 343 (0.19%) Kailash Ojha Independent 261 (0.15%) Baluram Jat Bahujan Sangharshh Dal 224 (0.12%) Ashok Singh Rao Bharatiya Yuva Shakti 197 (0.11%)

Kekri Constituency RJ Election Result: What happened in 2013

Shatrughan Gautam of the Bharatiya Janata Party was the winning candidate from the Kekri constituency in the RJ Assembly elections 2013, securing 71292 votes while 62425 votes were polled in favour of Dr Raghu Sharma of the Indian National Congress. The margin of victory was 8867 votes.

2013 Kekri Assembly Constituency Election Result

Winning Candidate NameParty NameTotal VotesShatrughan GautamBharatiya Janata Party71292

Candidate List Party Name Votes Gained (Vote %) Shatrughan Gautam Bharatiya Janata Party 71292 (44.64%) Dr Raghu Sharma Indian National Congress 62425 (39.09%) Babulal Singariy Nationalist Congress Party 17035 (10.67%) None Of The Above None Of The Above 2598 (1.63%) Mahesh Kumar Poptani Independent 1480 (0.93%) Geeta Devi Sharma Independent 1267 (0.79%) Soram Bahujan Samaj Party 1043 (0.65%) Surajkaran National People’s Party 918 (0.57%) Chandra Prakash Lohar S D Bahujan Sangharshh Dal 584 (0.37%) Ram Prasad Bharatiya Yuva Shakti 466 (0.29%) Kamlesh Kumar Mali Lok Dal 311 (0.19%) Baluram Jat Samajwadi Party 287 (0.18%)

Kekri Constituency RJ Election Result: What happened in 2008

Raghunandan of the INC was the winning candidate from the Kekri constituency in the RJ Assembly elections 2008, securing 47173 votes while 34514 votes were polled in favour of Rinku Kanwar of the BJP. The margin of victory was 12659 votes.

2008 Kekri Assembly Constituency Election Result

Winning Candidate NameParty NameTotal VotesRaghunandanINC47173

Candidate List Party Name Votes Gained (Vote %) Raghunandan INC 47173 (36.04%) Rinku Kanwar BJP 34514 (26.37%) Babu Lal Singariya IND 22123 (16.9%) Bhupendra Singh IND 17801 (13.6%) Surendra Singh IND 2407 (1.84%) Ashok Pareek BSP 1517 (1.16%) Dasharath Choudhary RLD 1135 (0.87%) Ram Prashad Kumawat IND 944 (0.72%) Satya Narayan IND 790 (0.6%) Deendayal IND 732 (0.56%) Gopal NCP 705 (0.54%) Chandra Prakash IND 383 (0.29%) Bhanwar Singh SP 348 (0.27%) Hamid Hussain LJP 301 (0.23%)

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Dec 31, 2023
Crude oil climbs 3rd day on subdued dollar, US crude stocks’ drop

Oil prices rose early on Wednesday, extending gains from the previous two days, as the dollar fell after Federal Reserve Chair Jerome Powell sounded less hawkish on interest rates than markets had expected and as U.S. crude stocks surprisingly fell. Brent crude futures inched up by 11 cents, or 0.1%, to $83.80 a barrel at 0119 GMT, adding to a 3.3% gain in the previous session.

U.S. West Texas Intermediate (WTI) crude futures advanced by 13 cents, or 0.2%, to $77.27 a barrel, after jumping 4.1% in the previous session. The dollar index was down slightly at 103.29 in early trade, extending losses after Powell’s comments on Tuesday, making oil cheaper for those holding other currencies.

“If we have stronger than expected growth out of the developing world, (oil) prices will be firmer and OPEC will have to step up output. That’s not our core view. We don’t see a big surge in demand,” he said.

Supporting the market, weekly inventory data from the American Petroleum Institute industry group showed crude stocks fell by about 2.2 million barrels in the week ended Feb. 3, according to market sources.That defied expectations from nine analysts polled by Reuters, who had estimated crude stocks grew by 2.5 million barrels.

However, gasoline and distillate inventories rose more than expected, with gasoline stocks up by about 5.3 million barrels and distillate stocks, which include diesel and heating oil, up by about 1.1 million barrels. The market will be looking to see if data from the U.S. Energy Information Administration, due at 1530 GMT, confirms the decline in crude stocks.

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Dec 31, 2023
Bank Nifty support at 34000, use Call Ladder strategy in Nifty to make profits on weekly F&O expiry day

By Rajesh Palviya

In Nifty current series there has been a Short Build Up witnessed with decrease in price of -3.24% and increase in OI by 21% as on Wednesday wherein there was addition of 17.83 lakh shares in OI, increasing from 85.15 lakh to 102.99 lakh shares. Nifty current month rollover stands at 21.26% as on Wednesday, while Nifty Put Call Ratio, a sentiment indicator used by traders to gauge the market sentiment and mood, is currently at 0.69 compared to 0.70 of last week, indicating a bounce back. India Vix, a market volatility indicator often called the fear gauge, is currently trading 22.80% compared to 20.29% of last week. Implied Volatility of Nifty ATM options for the current series is at 21.65% in contrast to 20.05% of last week, indicating volatile movement on either side in the expiry session.

Nifty Option OI concentration

Nifty Option OI Change 

Nifty Bank Outlook 

In the current series there has been a short addition witnessed in Bank Nifty Fut with an decrease in price of -4.76% and increase in OI by 39% as on Wednesday wherein there was addition of 9.81 lakh shares in OI, increasing from 25.20 lakh to 35 lakh shares. Bank Nifty current series rollover stands at 9% as on Wednesday, while Bank Nifty Put Call Ratio, a sentiment indicator used by traders to gauge the market sentiment and mood, is currently at 0.85 compared to 0.86 of last week indicating flat-to-positive move.

Bank Nifty Put options OI distribution shows that 34,000 has highest OI concentration followed by 34,500 & 33,500 which may act as support for current expiry and on the Call front 35,000 followed by 36,000 & 35,500 witnessed significant OI concentration and may act as resistance.

In weekly options Call writing seen at 35,000, 35,200 & 35,500 strike while on the put side it was seen at 34,500 , 34,000 & 34,400 Options data indicated an immediate trading range between 35,500 and 34,000 levels.

Bank Nifty OI Concentration 

Bank Nifty OI Change 

Nifty 50 trading strategy for weekly F&O expiry day

The strategy which we are suggesting for this weekly expiry dated 19th May is a Moderately Bullish strategy called as Call Ladder, which involves Buying of one lot of Nifty 16,200 Call @ 205 & selling of one lot each of 16,400 Call @ 112 & one lot of 16,600 Call @ 54. The cost of the strategy involves outflow of Rs 1,950 which is the maximum loss if Nifty trades & remains below 16,250 levels on expiry. The maximum profit of Rs 8,050 will be attained at 16,400 levels, while strategy will start making loss above 16,750, hence it’s advisable to exit the strategy in total to avoid unlimited losses above 16,750. Break Even points of the strategy are 16,761 on upside & 16,239 on the lower side.

(Rajesh Palviya, VP – Research (Head Technical & Derivatives), Axis Securities. Views expressed are the author’s own.)

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Dec 29, 2023
SEBI proposes to introduce 5 new categories under ESG funds

Capital markets regulator Sebi has proposed allowing mutual funds to introduce five new categories under ESG (environmental, social and governance) scheme.

The five new categories should be exclusions, integration, best-in-class and positive screening, impact investing and sustainable objectives.

Considering that AMCs may want to launch multiple diversified ESG schemes under the ESG category, Sebi has proposed that each asset management company should be permitted to launch one ESG scheme each under the five subcategories.

ESG schemes under the proposed new category should be permitted with a minimum 80 per cent investment of total assets in equity or debt stocks of a particular theme as per the sub-categories. However, the residual portion of the investment should not be starkly in contrast to the philosophy of the scheme.

“AMCs should endeavour to have a higher proportion of the assets under the ESG theme and make suitable disclosures,” the Securities and Exchange Board of India (Sebi) said in its consultation paper issued on Monday.

For the ESG exclusions scheme — the regulator has suggested that mutual funds should exclude securities based on certain ESG-related activities, business practices, or business segments and the ESG integration scheme should explicitly consider ESG-related factors that are material to the risk and return of the investment, along with traditional financial factors.

ESG best-in-class and positive screening scheme should invest in companies that perform better than peers in ESG parameters.

ESG impact investing scheme should seek a non-financial (real world) impact and evaluate if that impact is being measured and monitored; and ESG sustainable objectives scheme should aim to invest in sectors, industries, or companies that are expected to benefit from a long-term macro or structural ESG related trends.

To boost transparency, the regulator has proposed to mandate the AMCs to include the name of the particular ESG strategy in the name of the concerned fund or scheme.

In addition, the regulator has recommended mandating ESG schemes to disclose the name of the ESG rating provider alongside the score disclosures in the monthly portfolio disclosures.

The requirement should be made mandatory from April 1, 2023, Sebi suggested and sought comments from the public till March 6 on the proposals.

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