Oil mills and stockists across the country expect the demand for castor seed derivatives to go up significantly in near future. On the basis of this positive expectation, domestic demand for castor seeds has been on the rise for the last one month.
Like in most part of this month, last week also saw bears dominating the market. While the Nifty gained less than a percent last week, the market breadth was not good on most days and intraday volatility was also high.
After many months, the February series ended with a decline of more than 5 per cent. It is not common to see two series having back to back decline of more than 5 percent, though it has happened a couple of times in the last two years.
A bearish phase, like the one playing out now, is supposedly a short trader’s paradise. In a short trade, you sell a stock in the hope of buying it back when the price falls, thus, pocketing the price differential in the bargain.
Our pan-India channel checks indicate that cement sales improved sequentially across most parts of northern, eastern and southern regions in October-November, as construction work resumed.
A question that we repeatedly face as a financial planner is – how much money will I have to accumulate to ensure a comfortable retirement? The follow-up question is – how do I ensure a regular cash flow in my retirement years?
The Nifty’s narrow, range-bound moves last week favoured neither out-of-the-money call option buyers nor put option buyers. Most probably, straddle sellers had gone home happy. Anticipating heightened volatility, we had suggested last week that selling of straddle should be avoided.
Let’s look at what happened in the last seven days. US bond yields, which are critical determinants of US interest rate direction, went up further, which is a negative for the market. Metal prices increased, another negative, as that affects a large set of companies.
After almost a year-and-a-half, the equity market witnessed what can be called a correction. The week saw a tradeable decline in the index, along with opportunities for traders to take short positions in individual stocks and make decent gains.
Last week really tested the guts of derivative traders. The volatile week rewarded only traders who had the courage to bet against the prevailing market sentiment.
In the past three years, the government has announced several large infrastructure schemes like Bharatmala, railway electrification, smart cities, Amrut and Udan. The budget for 2018-19 served to ensure that these multi-year programmes received their fair share of funding.
One of the biggest misconceptions of people today is that they think financial planning is only for the rich and the high-income people (HNIs).
Coming elections in 2018 and 2019 may not be so negative for the market as being perceived and the focus should be on investing in quality businesses run by excellent managements and which are available at reasonable prices, said Rajeev Thakkar, chief investment officer and d
Beginning of lean season in production, export curb by large producers and increase in synthetic rubber prices are expected to push natural rubber prices up in the coming months.
After a drop of 2.25 per cent, cardamom prices edged marginally higher by 0.26 per cent to Rs 1,154.50 per kg in futures trade last week as speculators created fresh positions following uptick in demand in the spot market.