Author: Manu

This article is Part 5 of the Futures & Options section of our Stock Market Learning series created by SMJ. Whether you’re a new investor stepping into the world of options trading or an experienced trader refining your strategy, this guide on Choosing the Right Options Strike Price will help you understand the essential concepts of In the Money (ITM), At the Money (ATM), and Out of the Money (OTM) options. In options trading, selecting the right strike price is a crucial decision that significantly impacts a trade’s outcome. The strike price represents the fixed price at which the holder of an option contract…

The US dollar has staged a modest rally this week, holding steady against a backdrop of uncertain global currency movements. While the dollar remains resilient, euro, yen, and Australian dollar have shown signs of mixed recovery. Analysts are closely watching interest rate shifts and investor appetite to gauge the dollar’s next moves, with traders anticipating potential shifts in the dollar’s direction based on economic headlines. Also Read: Indian Stock Market Sees Major Selloff as Sensex and Nifty 50 Drop Sharply EUR/USD Technical Analysis The euro saw minor declines against the dollar early in the week, with a late recovery push…

Gold prices in the domestic futures market took a breather on Friday morning, dipping due to profit-booking as traders capitalized on previous gains. As of 9:35 AM IST, MCX Gold December contracts were trading 0.28% lower at Rs 78,110 per 10 grams. This came as the U.S. dollar held steady after a sharp drop earlier this week, and U.S. Treasury yields declined from recent highs, creating a softer stance in the global market. The dip follows an all-time high for MCX Gold in December contracts, which surged to Rs 78,919 per 10 grams on Wednesday. Although factors like Middle Eastern…

The Indian stock market experienced significant declines on Friday, October 25, as both the Sensex and Nifty 50 benchmarks fell sharply. By the end of intraday trading, the Sensex dropped 709 points, or 0.90%, to settle at 79,356. Nifty 50 also plummeted by 1.2%, reaching 24,113. The market turbulence wasn’t limited to large-cap stocks, as mid-cap and small-cap indices faced even sharper declines, sliding by 2.6% and 3.2% respectively. The overall market sentiment was marked by a broad-based selloff, and the volatility index, India VIX, spiked over 7%, signaling heightened nervousness among investors. This spike in the volatility index reflects…

Indian stock markets are eyeing a flat start on Friday, October 25, 2024, with the GIFT Nifty trading marginally lower. Key earnings announcements today, coupled with global cues, will play a crucial role in shaping market sentiment. Here are the top stocks to keep an eye on as Q2 results roll in from some of India’s major companies. Also read: Market Outlook for October 25: Nifty and Bank Nifty to Navigate Crucial Resistance Zones ITCITC reported a 3.1% year-on-year increase in its net profit, reaching Rs 5,078.3 crore in Q2FY25. Revenue also saw a healthy growth of 16.8%, hitting Rs…

The Indian stock markets are expected to open on a muted note for Friday, October 25, tracking mixed global cues. The Gift Nifty, which trades as an indicator for the broader Indian market, was flat at around 24,450, showing a marginal discount of 2 points from the previous Nifty futures close. The domestic market, including the Sensex and Nifty 50, had a lackluster performance on Thursday, with both indices closing marginally in the red. The Sensex dipped by 16.82 points, closing at 80,065.16, while the Nifty 50 ended 36.10 points lower at 24,399.40, marking its fourth straight session of losses.…

The EUR/USD exchange rate tumbled to 1.0789, marking its lowest level in nearly three months, as the US dollar surged in strength. Market sentiment favours the dollar amid expectations that the US Federal Reserve will maintain a cautious approach to interest rate cuts, with a gradual and limited reduction anticipated. Adding to the dollar’s momentum are growing prospects for Donald Trump’s re-election, which now appears more likely, contributing to political stability in the US. At the same time, the Euro is under pressure following a significant interest rate cut by the European Central Bank (ECB). This move has set the…

Gold and silver prices surged Thursday morning, driven by a slight easing of the US dollar and treasury yields from their recent highs. The decline in benchmark 10-year US treasury yields to 4.22% and a relatively flat US dollar near its three-month peak created an environment conducive to gains in precious metals. Also Read: Market Outlook for October 24: Nifty and Bank Nifty Navigate Key Levels As of 9:15 a.m., the December 5 expiry of MCX Gold was up 0.20%, trading at Rs 77,965 per 10 grams. Meanwhile, MCX Silver showed a 0.49% increase, reaching Rs 97,439 per kilogram. This…

The Indian stock market is gearing up for a busy day on October 24, as several major companies across diverse sectors are set to release their Q2 FY25 earnings. The upcoming financial results offer insight into key industries, and based on these releases, we are highlighting the stocks to keep an eye on today. Also Read: Market Outlook for October 24: Nifty and Bank Nifty Navigate Key Levels ITC Ltd (FMCG Giant)ITC is poised to deliver its Q2 results, which could impact the stock’s performance. The company has maintained a stronghold in the FMCG sector, with consistent earnings from its…

The Indian stock market is poised for a cautious start on Thursday, October 24, 2024, as global market sentiment remains weak. GIFT Nifty futures indicated a gap-up opening for the domestic benchmarks, with the futures trading at 24,537.50—a premium of about 54.85 points compared to the previous close. This comes after a volatile Wednesday session where both Sensex and Nifty 50 closed with marginal losses. Also Read: Top Stock Picks for October 23: Navigating Market Volatility Nifty 50 Recap and Technical Analysis On Wednesday, Nifty 50 fell by 0.15% to settle at 24,435.50. Despite the losses, Nifty formed a small…