Gold December futures contracts at MCX opened flat at Rs 75,537 per 10 grams, down by 0.07%, while silver December futures were trading at Rs 89,752 per kg, down by 1%. Gold prices have risen by Rs 2,300/10 grams in the last week, and silver surged by Rs 900/kg. The MCX opened for the evening session at 5 pm today due to the Maharashtra state elections.

Motilal Oswal stated that India’s long-term equity outlook remains strong, supported by corporate deleveraging and robust earnings. However, the firm advised investors to moderate their near-term return expectations. “The era of easy returns is over,” the report warned, emphasizing the need for disciplined investment strategies to navigate the changing market environment.

NTPC Ltd, the parent company of NTPC Green Energy Ltd (NGEL), considered prevailing market sentiments when setting the price band for NGEL’s initial public offering (IPO). The IPO, which opened today, offers shares in the price range of Rs 102-108. The subscription will remain open until Friday. The management cited market sentiment following the US election results as a key factor in their decision.

Proceeds from the fresh issue will be used for acquisition of additional shareholding in subsidiaries — Firstventure Corporation, Integrum Technologies, Next Leap Career Solutions, People Metrics and Thomas Assessments — funding incremental working capital requirements of the company, unidentified inorganic acquisitions and general corporate purposes.

Derivatives go beyond serving as mere hedging instruments; they offer advanced strategies tailored to varying market conditions. By examining option chain data and employing techniques such as straddles and iron condors, investors can capitalize on opportunities in both volatile and stable market environments.