Stay updated with breaking news from Midcap Select. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Back in July, NSE had shifted Bank Nifty weekly expiry to Wednesday from Thursday but had left monthly and quarterly expiry unchanged. With the current revision, all expiries for Bank Nifty contracts will be on Wednesdays
Nifty Midcap Select stocks such as Polycab, Ashok Leyland, and Mphasis are trading at lower PE than their respective industry PE.
Total derivatives volumes at over $4.3 trillion per day is roughly 125 percent of the underlying companies’ market capitalisation
Market participants said the surge was fuelled by the growing popularity of relatively cheaper zero-day options, which expire daily.
