The FIIs flows were something which was keeping the markets high and it was DIIs which were keeping a quiet note. Probably the 1.5 lakh crore odd figure that these mutual funds hold on their accounts, that is something which is the domestic liquidity that we have seen will be a litmus test.
Suzlon shares tank 4% following receipt of warning letter from NSE, BSE (03-10-2024)
The exchanges pointed out a lack of transparency and detailed information in Suzlon’s communications.
Kitex Garments Limited (03-10-2024)
Can Anyone give commentry on Kitex related to
On Qualitative Aspects .
- Reappointment of Independent Director – A K Mathew .
Quantitative Aspects.
In financial – Inventory Days, Debtor days , working capital days, cash conversation cycle
NSE SME Unilex Colours and Chemicals is lackluster on listing day (03-10-2024)
Shares of Unilex Colours and Chemicals were trading at Rs 87.40 on the NSE, a premium of 0.46% compared with the issue price of Rs 87.
REC disburses loans worth Rs 47,303 crore in July-Sept quarter (03-10-2024)
REC said that it has disbursed loans amounting to Rs 47,303 crore in Q2 FY24-25, which is higher by 13.71% as compared with Rs 41,598 crore disbursed in Q2 FY23-24.
Piccadily Agro Industries Ltd (03-10-2024)
Piccadily MD younger brother was elected as independent RS MP . They are close to both BJP & Congress. Required skill in state politics.
Globus spirit perceived to be close to Congress in raj aslo doing wll under BJP
anyone attended AGM of piccadilly agro & share the notes plz ?
Angel One: Metamorphosis into a Fintech? (Previously Angel Broking) (03-10-2024)
Yes, I am also confused. It’s good that I didn’t sell anything.
Angel One has 65% of revenue coming from broking. Out of which, 85% comes from F&O. This means broking has impact on 65% of the revenues.
But, here is what I can deduce from today’s movement.
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There is no overhang on the stock anymore. This is a classic situation of threat being more powerful than execution.
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There is some chance that traders will absorb the changes. My hypothesis is following –
- Lot size increase will impact the option buyers less compared to option sellers. Lets say buyers have money enough to buy 25 unit lot. Let us say now the lot size is increased to 60-65 to meet 15 Lac criteria. The buyers can either bring more money or go for call/put options which are cheaper. (Slightly far away ones)
- The sellers are typically a bit large ticket-size traders. They may absorb the increase in lot size. The traders who have money for one lot only, may switch to buying side.
My take is that the impact can be limited also. There is a chance and we know how addictive F&O trading is. Even after all this, there will be some impact for sure and only time will tell how it pans out.
But I feel retail will lose more after this because of demand supply mismatch. More buyers, less sellers leading to higher option premium. Retailers being forced to buy far away options.
Jubilant Ingrevia hits 52-wk high as arm inks pact with leading agrochem co (03-10-2024)
Jubilant Ingrevia said its subsidiary Jubilant Agro Sciences will produce and supply an agro intermediate product for one of the key agro actives produced by the multi-billion dollar agrochem company
Godrej Consumer shares down 2.98% as Nifty drops (03-10-2024)
A total of 13,433 shares changed hands on the counter till 01:13PM (IST).