Tata Steel vs JSW Steel: Tata Steel stock ended 4.62% higher at Rs 163.20 on BSE today. On the other hand, JSW Steel stock ended 4.81% higher at Rs 871.30.
FY25 Outlook: Indian stock market benchmarks Sensex and Nifty 50 ended FY24 with gains of 29 per cent and 25 per cent respectively. Challenges for Nifty 50 in FY25 include rate cuts, earnings, geopolitical tensions, etc.
The analysis of BSE500 index suggests that 20 stocks were able to triple investors wealth or better to say delivered up to 200 per cent returns to the investors.
Options data suggests that traders have started betting and positioning for elections. There is a steady creation of short strangles at the 21,000 and 24,000 strikes for June expiry. The strategy provides a cushion of only 1,000 points on the downside but 2,000 points on the upside, analysts say