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Market has calmed, bulls are back in action: Feroze Azeez
Azeez highlights market calming efforts, regulator focus on mutual fund regulations, positive impact on premiums, and the return of a bullish market trend. Next Thursday’s synthetic futures is quoting at Rs 80 premium, while the intrinsic value is only Rs 40. This implies the market's nerves have calmed and the bulls are back in action.