The rollover in Nifty futures rollovers on a provisional basis to the April series was 62%.
The Head of financial services research at Macquarie is not worried about succession issue at HDFC Bank.
Notable cuts in target prices have taken place in auto, auto ancillaries and diagnostics cos.
India’s main stock indices are down nearly 30 per cent from their lifetime high levels.
What will be a turning point for the market, according to analysts, will be a fall in new cases.
Premium for simultaneously buying Nifty calls and put options of 8,200 strike surges to Rs 900.
The Nifty is down nearly 32 per cent from alltime high of 12,430.50 hit in January this year.
The CEO at Factor LLC is long on the US dollar which, he says, is the safest asset in times of crisis.
Analysts expect the stock to list at around Rs 780-800 a piece against issue price of Rs 755.
Market veterans in Mumbai believe the odds on a V-shaped recovery appear rather long, especially since fiscal and monetary measures often work with a lag.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon