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1 week ago | ndtvprofit.com | Sajeet Kesav Manghat

The derivative expiry for the May contract saw Nifty Futures roll over 76.27% of its positions to the June Futures contract. The June contract begins with an open interest of Rs 37,265 crore, while the total open interest in Nifty Futures (Futures and Options combined) is lighter by nearly Rs 12,000 crore. The benchmark NSE Nifty 50 closed at 24,833 on Thursday, with significant Call writing continuing to build between 24,800 and 25,000.

1 week ago | ndtvprofit.com | Sajeet Kesav Manghat

The benchmark Nifty 50 has attempted to breach the 25,000-mark seven times but has failed each time. This level has now emerged as a strong psychological resistance, with Call writers applying pressure and forcing the bulls to work harder with every attempt. Nifty's May futures and options contracts are set to expire on May 29. Given the volatility this month—driven by foreign institutional flows and geopolitical tensions—open interest levels remain elevated.

2 weeks ago | ndtvprofit.com | Niraj Shah

Dear Readers,This week was marked by some key geopolitical noise, some large corporate announcements, including investments and withdrawals, and results looking mixed in most markets. Geopolitics was full of reports around global leaders voicing displeasure around Israel actions, and Israel itself apparently preparing to strike Iran, which led to an uptick in oil prices. Inbound shipments to the Port of Los Angeles—America’s busiest ...

2 weeks ago | ndtvprofit.com | Vishwanath Nair

The same board, which missed these crucial accounting issues at the bank (an audit committee of the board is required to review numbers before releasing them), is now talking about hiring a new CEO. During an analyst call hosted by the bank on Wednesday, Non-executive Chairman Sunil Mehta said that the board was in advanced stages of finding suitable CEO candidates.

2 weeks ago | ndtvprofit.com | Vishwanath Nair

An internal review of the economic capital framework at the Reserve Bank of India is currently divided on future direction. According to people in the know, the internal committee are currently of two views when it comes to the framework which determines the quantum of RBI's surplus transfer to the government. While one view in the internal committee is that the Bimal Jalan-recommended framework has stood the test of time and must continue as is, another view is the exact opposite.