Staying Foolish Staying Hopeful — November 2020 Series — November 04, 2020

NIFTY continued the upward march. It did not matter that the likes of RELIANCE, INFY and HINDUNILVR did not participate in the up move. The rally was on the back of financials which are just running away over last few trading sessions. We can expect more volatility today as the US Elections results become clear […]

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Money In The Bank — November 2020 Series — November 04, 2020

Banking stocks continued with their upward momentum yesterday. It looks like that heady days are here again. With no real improvement in credit offtake and NPAs remaining where they were, the rally seems to be unreasonable and unreal. But who can argue with the market and power of money. Money is pouring into the banking […]

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Bucking The Trend — November 2020 Series — November 04, 2020

The US Elections counting of votes is on. The early trends do not give any indication whether it will be Trump again or Biden bid for victory succeed. For a day, market will behave erratically and then it is again business as usual. In our market yesterday, it was banks once again which kept the […]

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Not So Lazy — November 2020 Series — November 04, 2020

Another good day for the index. Another bad day for our trades. The upward run of the market continued but the out performance expected from the heavy weights is just not happening. The main setback is through RELIANCE which has caused the maximum damage. The loss in RELIANCE sold PUT is more than the total […]

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