BSE Derivatives Segment records largest ever turnover: Sensex futures shine

It looks like the incentive scheme is ultimately working at least as of now. Last week on 3rd Novembar 2011, the derivatives segment of BSE recorded largest ever turnover of 759.24 crore (about 1520 crore both sides). The sensex futures turnover was Rs.625 crore, highest ever since launch of the vastly tracked Indian index.Total 128 members put trades in derivatives segment. It is noticeable that since last few days, the turnover of BSE derivatives...

Daily Market Wrap

On the last day of trading this week, the markets closed with moderate gains today and barring oil & gas, all sectoral indices closed positive. The CNX Midcap index was up 0.9% and the BSE Smallcap index gained 0.3%. The market breadth was positive with advances at 817 against declines of 606 on the NSE. Metals was top rising sector today. Other sectors with substantial gains included capital goods and banking and oil & gas was the only sector that closed negative. The Sensex closed at 17563, up 81 points from its previous...

Daily Market Wrap

Today markets witnessed a volatile day comprising movements of both up and downs where market risen into green then again falling back before ultimately giving close in the green. The BSE-30 Sensex index and NSE-50 Nifty index closed day green about 0.10% gain at 17484.93 and 5265.75 respectively, while the nifty future (largest trading instrument after nifty options) closed day with 0.56% at 5309.90 showing a huge premium of 44.15, indicating increased and sustained bullish undertone in the futures contract. Nifty future was trading in tight range...

Renowned Economist Nauriel Roubini warns Lehman-type scenario out of European debt crisis

Eminent international economist NAURIEL ROUBINI who has so far been most accurate economic forecaster than most of others, has recently warned on 2008-Lehman-type credit crisis scenario and slowing-trend in growth of world’s major developed economies as well as China’s. He also warned of Euro currency falling apart and Greece to be the first amongst those leaving eurozone monetary union.On China, he said there is going to be hard-lending and following...

KOTAK MAHINDRA BANK CHART

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