ETMarkets Evening Podcast: Trading tips by top Dalal Street experts
ETMarkets.com|
Updated: Oct 11, 2017, 07.59 PM IST
Hi there! You are listening to ETMarkets Evening Podcast
This is Abhinav Kaul and I will take you through the motions of today’s session on Dalal Street and bring you cues and trading tips from market veterans for Thursday.
The report suggesting that the US President is exploring options to respond to the North Korea's threats triggered profit taking across the board.
Also, anxiety ahead of the IT major, TCS, result further induced the participants to reduce positions.
The Sensex ended at 31,834, down 90 points while the Nifty settled 32 points lower at 9,985.
As many as 35 stocks from the Nifty closed in the red with stocks such as Yes Bank, SBI and Vedanta ending up as top losers.
Bharti Airtel, HPCL and Bharti Infratel emerged as top gainers for the day.
The IPO from IEX finally got fully subscribed on the last day of the bidding process, thanks to strong QIB interest, while the mega IPO of GIC got subscribed 80% on Day 1.
Rahul Shah of Motilal Oswal Services explains how markets are likely to behave in upcoming sessions in this exclusive chat with ETMarkets.com.
Byte 1: Rahul Shah
On the option front, maximum Put OI stood at 9800 strike, followed by 9900 and 10000 strikes, while maximum Call OI was intact at 10,000 strike, followed by 10,100 strike.
We have with us Vijay Singhania of Vijay Singhania of Trade Smart Online to give us some insights on F&O positions.
Byte 2: Vijay
The Nifty50 formed a Bearish Engulfing pattern on the daily chart.
We have with us Vaishali Parekh of Prabhudas Lilladher to give us some insights on the technical charts.
Byte 3: Vaishali
That’s it for now folks. Do check out ETMarkets.com for detailed market analysis and for trading ideas and come back for our special weekly podcast on Saturday. Have a great evening ahead.
This is Abhinav Kaul and I will take you through the motions of today’s session on Dalal Street and bring you cues and trading tips from market veterans for Thursday.
The report suggesting that the US President is exploring options to respond to the North Korea's threats triggered profit taking across the board.
Also, anxiety ahead of the IT major, TCS, result further induced the participants to reduce positions.
The Sensex ended at 31,834, down 90 points while the Nifty settled 32 points lower at 9,985.
As many as 35 stocks from the Nifty closed in the red with stocks such as Yes Bank, SBI and Vedanta ending up as top losers.
Bharti Airtel, HPCL and Bharti Infratel emerged as top gainers for the day.
The IPO from IEX finally got fully subscribed on the last day of the bidding process, thanks to strong QIB interest, while the mega IPO of GIC got subscribed 80% on Day 1.
Rahul Shah of Motilal Oswal Services explains how markets are likely to behave in upcoming sessions in this exclusive chat with ETMarkets.com.
Byte 1: Rahul Shah
On the option front, maximum Put OI stood at 9800 strike, followed by 9900 and 10000 strikes, while maximum Call OI was intact at 10,000 strike, followed by 10,100 strike.
We have with us Vijay Singhania of Vijay Singhania of Trade Smart Online to give us some insights on F&O positions.
Byte 2: Vijay
The Nifty50 formed a Bearish Engulfing pattern on the daily chart.
We have with us Vaishali Parekh of Prabhudas Lilladher to give us some insights on the technical charts.
Byte 3: Vaishali
That’s it for now folks. Do check out ETMarkets.com for detailed market analysis and for trading ideas and come back for our special weekly podcast on Saturday. Have a great evening ahead.
