Market Updates - Angel One

MCX has launched natural gas mini futures contracts. These will be available for trading from March 14, 2023. Initially, contracts expiring in April and May will be available for trading. Going forward, contracts for the subsequent months with 3 months expiry will become available on the exchange.   The minis will be available for 250 MMBtu …

The Multi-Commodity Exchange (MCX) of India has introduced Crude Oil Minis from March 3, 2023. These are small-size contracts with smaller minimum lot sizes (in the case of crude mini, 10 barrels/lot) to encourage smaller traders and dealers to trade in these goods or hedge against market volatilities more effectively. Crude Oil Minis were discontinued …

The Multi-Commodity Exchange of India has introduced the Aluminium Mini, Lead Mini and Zinc Mini futures contracts. These futures contracts will basically have a much smaller minimum lot size value in order to enable smaller traders and industries to either trade these goods or hedge their supplies of these goods respectively.  Launch dates of the …

Uttar Pradesh is the most populous state of India – if UP lags behind in any socio-economic indicator, India cannot fare too well in that indicator either. Therefore, it is imperative that there is adequate capital coming in to both give assistance to the UP economy as well as to enable establishment of enterprises and …

Live Update: During the live updates of the Reserve Bank of India’s monetary policy for 2023, the governor, Shaktikanta Das, gave a speech in which he stated that although inflation is predicted to decrease in the next fiscal year, it may still exceed the target of 4%. He also indicated that additional monetary policy measures …

Hindenburg report led to a sharp decline in Adani shares  The Hindenburg report – the rippling effects it caused led Adani Enterprises to call off ₹20,000 crores FPO. Adani Enterprises stocks suffered a massive loss of 28.45% on February 1, 2023, closing at ₹2,128.70. Following the event, Adani Group announced to call off their ₹20,000 …

When we were young, our elders often told us the story of the man who put all his eggs in one basket. If you’re unfamiliar with the story, it goes something like this: A farmer has a coop with plenty of hens who each lay a single egg. While collecting their eggs, the farmer gathers …

The government noted on 7th January, 2023 that it had received several EOIs (or Expressions of Interest) for the disinvestment of its stake (as well as that of the LIC) in the Industrial Development Bank of India. The announcement was made, including through a tweet, by the Department of Investment and Public Asset Management. The …

Increase in Nifty The Nifty50 has reached a record high of ₹18,614.25 at around 13:45 hrs on 28th Nov, 2022. The NSE index had opened at ₹18430.55 – its day’s low has so far been at ₹18,365.60.  Fig. 1: Nifty chart on Angel One app Subsequently, Nifty call options have increased in price in the …

Introduction India’s largest software consultancy services exporter Tata Consultancy Services (TCS) has released its Q2 report card for the period ending in 30th September, 2022.  The report shows the company’s performance to exceed all expectations with an increase in revenue from operations of 18% YoY, standing at ₹55,309 cr – much higher than the ₹46,867 …