Bullish domestic investors and their circumspect foreign counterparts’ contrasting readings of the Lok Sabha polls’ outcome are being reflected in their positions on Nifty derivatives contracts. Retail and HNI (high net-worth) investors—termed ‘client’ by NSE—are confident of a thumping win by the ruling NDA (national democratic alliance) coalition. They have […]

Amid steep volatility, expiring weekly index options and foreign investor selling, the bellwether Nifty plunged 1.55% to 21,957.5, its biggest single-day fall since 17 January, while the Sensex fell 1.45% or 1,062 points to 72,404.17, its worst since 23 January. Nifty’s top five losers alone accounted for almost three-fifths of […]