Brokerages & hedge funds make a killing as India’s inexperienced youth flocks to the equity market
Indians aged 20-30 are trading in Options market in droves, but know nothing about it & so keep losing money. If losses mount, it could undo gains India saw in investment culture, analysts fear. Key Points
ThePrintGrayscale lobbies SEC to approve Options on spot bitcoin ETFs
By Hannah Lang (Reuters) - Crypto asset manager Grayscale Investments is urging the U.S. securities regulator to greenlight Options on its spot bitcoin exchange-traded fund, a move that would open the Key Points
ThePrintNovotel Mumbai Juhu beach installs EV charging station
India Business News: Novotel Mumbai Juhu beach has installed an Electric Vehicle (EV) charging station to provide its guests and visitors powering Options for their electric vehicles. Reduce carbon emissions and promote eco-friendly practices in the hospitality sector. Other initiatives include an in-house bottling plant to reduce plastic waste and the introduction of a vegan menu for sustainable dining options. Key Points
Times Of IndiaAs earnings loom, Nvidia Options traders brace for monster share move
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Traders in the U.S. equity Options market are betting Nvidia's upcoming earnings report could spur a massive move in the shares of the world's most dominant Key Points
ThePrintDesperate retail investors drive India's Options craze
The Securities and Exchange Board of Indias crackdown on social-media influencers peddling advice is a losing battle. Although nine out of 10 individual traders are losing money, retail investors cant get enough of derivatives. A smartphone-led gamification of investing is complete. Key Points
Economic Times
COP28: Differences add fuel to hot topic of tackling fossils
The global stock take is the main deliverable of the Dubai talks. It is the ambition mechanism of the Paris Agreement, where countries collectively assess progress across all pillars - emissions reduction, adapting to impacts of climate change, loss and damage, means of implementation, including finance. Key Points
Economic TimesChina-linked ETFs draw bullish Options bets ahead of Biden-Xi meet
U.S.-listed exchange traded funds focused on China are seeing bullish Options activity as investors await U.S. President Joe Biden's meeting with Chinese leader Xi Jinping on Wednesday for signs of easing friction between the two superpowers. Key Points
ReutersBurry, famous for 'Big Short,' places bearish bet against semiconductor ETF
Hedge fund manager Michael Burry, whose bets against the U.S. housing market before the 2008 financial crisis were chronicled in the movie "The Big Short", in the third quarter added a bearish Options position on semiconductors, while some other investors also reduced their exposure to the sector, according to securities fillings released on Tuesday. Key Points
ReutersEeny, meeny, miny, woe: Why even retail apps are built to keep you scrolling
The endless Options that leave you confused as you search for things to watch, eat or buy, isn’t an accident. The apps are winning, even when you don’t buy. Key Points
Hindustan TimesRivian Options buyers may be helping drive stock higher
Investors are piling into bullish Options bets on the shares of Rivian Automotive (RIVN.O), with some market participants saying the buying has helped the electric vehicle (EV) maker's stock notch a record nine-day winning streak. Key Points
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Investors watch for quarter-end rebalancing in US stocks, bonds and options
Investors are watching a large hedged-equity fund's quarterly refresh of its Options positions and quarter-end rebalancing by portfolio managers to potentially influence U.S. stock moves as the first half of the year winds down this week. Key Points
ReutersWhat we can learn from returning NRIs
Loneliness and isolation are becoming increasingly common in urban India, exacerbated by the focus on individual goals and the decline of multigenerational family structures. Housing Options in India now cater to smaller nuclear families, with wider familial fallback Options being drastically reduced. Concurrently, long-resident Indians based abroad are returning in search of a more sociable and caring retired life. Key Points
Economic TimesHow The Government Hike In Securities Transaction Tax Will Impact F&O Trading
This translates into a hike of 23.5% on sale of Options and on sale of futures contracts. Key Points
BQ PrimeBitcoin-at-$100,000 forecasts are looking more realistic in the Options market
The largest cryptocurrency jumped to another all-time high of more than $70,000 on Friday, capping a seven-week run of more than 70%. In the Options market, the open interest, or the number of outstanding contracts, for call Options with strike prices of $80,000 and $100,000 has jumped around 12% each in the last 24 hours. Key Points
Economic TimesSterling and Wilson exploring Options of capital infusion
“We are keeping all Options open at this point of time, capital infusion is under deliberation. The board is exploring various Options to recapitalise the balance sheet,” Jain said. Key Points
Financialexpress
How a massive Options trade by a JP Morgan fund can move markets
A nearly $15 billion JP Morgan fund is expected to reset its Options positions on Friday, potentially adding to equity volatility at the end of a strong quarter for U.S. stocks. Key Points
mintSTT hike clarified: Govt raises Securities Transaction Tax on Options sale to 0.062% from 0.05%; corrects typo
The Finance Ministry has raised Securities Transaction Tax on sale of Options to 0.062% from 0.05 % per Rs 1 crore turnover, and on the sale of futures to 0.0125% from 0.010%. The govt clarified that it has corrected a typo error with regard to STT hike on sale of options. Key Points
FinancialexpressKannada actor Pranitha Subhash suggests 3 food Options to add to your diet
To keep us healthy and strong, our diets must include a wide variety of fresh and nourishing foods. Sounds complicated, right? Don’t worry! South Indian beauty Pranitha Subhash shares three food Options you can add to your diet to maintain a healthy lifestyle. | Health Key Points
Hindustan TimesView: New extreme tourism Options will be adversely affected if self-regulation remains lax
Sky-diving and other established extreme tourism Options are heavily regulated and supervised, so that those indulging in it do not come to serious harm, barring freak accidents. But when it comes to natural phenomena, from trekking to live volcanos and chasing tornadoes to venturing into the extreme conditions of the deep sea or deep space, predictability is limited. So also are safety guarantees. Key Points
Economic TimesWhy is Modi govt afraid of its own successes? Banking, stock market, GST hold the answer
Since 2014, the Modi government has been aggressively expanding access to banking services and encouraging participation in the stock market. Simultaneously, it has sought to substantially boost GST revenue. Key Points
ThePrint
What mid-career startup employees should look for while looking at ESOPS
ESOPs (employee stock ownership plans) have become a common compensation system in startups to give employees a sense of ownership in the company's growth, but mid-career professionals evaluating a startup job should look at written ESOP policies, exercise pricing, and the vesting schedule. Every ESOP is taxed twice; at the time of exercise and when the shares are sold, hence employees should also look for clauses that ensure former employees are treated fairly during liquidation events. Some startups offer direct purchase plans, restricted stock and phantom equity plans, and an ESOP stock exchange may be a solution for employee stock options. Key Points
Economic TimesDouble whammy! How tough is it to make money via Options trading now?
His suggestion for stock option traders is to square off positions at least 2 days before the expiry in case of in the money (ITM) option. If you are deep in the money, then you should look for liquidity. For example, if the intrinsic value is Rs 20 and if you are getting a buyer at Rs 10-12, then you must exit. Don't wait for the last day as the liquidity will dry up, Sriwastava says. Key Points
Economic TimesSTT tax - Chaos and confusion in stock markets due to mistake in Finance Bill document
Amended Finance Bill, which was passed by the Lok Sabha on Friday, mentioned the STT Options at 0.017 or ₹1,700 (for ₹1 crore turnover) and hiked the same to 0.021 or ₹2,100. Key Points
The HinduZee Entertainment Returns To F&O Segment After NCLAT Relief
New futures and Options contracts of the company will be available by Feb. 28. Key Points
BQ PrimeNSE cuts Nifty Bank lot size. How it impacts retail traders
Earlier when the lot size of Nifty Bank was reduced to 25 from 40, we had seen a sharp increase in retail participation. This time too, I am sure that the move will encourage more retail participation, Bengaluru-based derivative trader Rajesh Sriwastava told ETMarkets. Key Points
Economic Times
F&O trade gets costlier; volumes likely to be hit
Increase in STT could impact the volumes in the F&O (futures and options) segment, especially from those high-frequency trades, jobbers, and hedgers who actively trade at a small tick price, said B Gopkumar, MD & CEO of Axis Securities. Low volumes could likely increase the impact cost. Key Points
Economic TimesNSE withdraws ‘Do Not Exercise’ facility for stock options. Here's how this affects retail traders
The 'Do Not Exercise' facility allows a trader to instruct the broker if he/she does not wish to exercise the right to give or receive deliveries. This facility prevents the risks around the physical settlement and allows brokers against exercising a ‘close to money option strikes on behalf of clients. Key Points
Economic TimesRashmi Saluja was issued huge amount of Options in Religare & subsidiary without informing shareholders: S
“The Religare board has to state very clearly why it is opposing a large shareholder increasing its holding. The minority shareholders are affected and they are waiting and watching. SEBI needs to show some directions to both the board as well as the Burmans on what are the next steps. I think the open offer trigger would be passed and that is a very procedural matter. ” Key Points
Economic TimesDollar takes breather, option expiries give yen a jolt
By Vidya Ranganathan and Alun John SINGAPORE/LONDON (Reuters) -The U.S. dollar steadied on Monday as looming central bank decisions in Japan and Europe and vacillating market expectations for Fed rate Key Points
ThePrintDollar struggles to retain gains, option expiries bump yen up
By Vidya Ranganathan SINGAPORE (Reuters) -The U.S. dollar struggled to keep gains on Monday as looming central bank decisions in Japan and Europe and vacillating market expectations for Fed rate cuts Key Points
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AstraZeneca refused to pay full bonus to US remote worker, lawsuit claims
AstraZeneca Pharmaceuticals LP (AZN.L) has been sued in the U.S. by a former senior director who claims the drugmaker refused to pay her nearly $130,000 in promised bonuses and stock Options because she worked from home full-time. Key Points
ReutersLearn With ETMarkets: Decoding option prices
When it comes to determining the price of an option, the current market price of the underlying asset is the key factor. When it comes to call Options (right to buy), as the market price of the underlying asset rises, the value of the call option usually follows suit. Conversely, for put Options (right to sell), as the market price of the underlying asset drops, the value of the put option generally increases. Key Points
Economic TimesIs there anything left in the market that is undervalued right now? Deepak Shenoy answers
“If the spending on elections allows the two-wheeler segment to revive, all the three large two-wheeler companies, and then Eicher, which is relatively more niche, will see some kind of uptick in terms of sales. The stock prices have already started to go up so maybe people know much more than what I am talking about.” Key Points
Economic Times40-inch LED TV at affordable prices: Explore top 8 Options for perfect viewing
Looking for a 40-inch LED TV? Check out our top 8 recommendations with numerous features and a lower price tag. Choose from multiple brands and bring home a new watching companion. Key Points
mintFinance Ministry clarifies on confusion over STT hike on selling options
Under the new rules, option traders will have to pay Rs 6,200 for every Rs 1 crore worth of turnover as against Rs 5,000 that is being paid currently. This translates into a hike of around 25%. Key Points
Economic Times
Is the bottom of the pyramid also a big opportunity? 4 small finance banks with upside scope of up to 41%
While it's commonly thought that auto and FMCG companies are prime indicators of the rural economy's health due to their direct consumer engagement, small finance banks (SFBs) may actually provide a clearer picture of the rural and semi-urban economic landscape. This clarity comes from their operational focus on these less urbanized areas and their direct involvement in lending to local businesses. Despite facing various challenges, SFBs have seen growth, driven largely by the unmet demand for capital at reasonable interest rates in rural areas. They offer credit to the bottom of the pyramid, at more favorable rates compared to traditional Options which were available till a few years back, filling a critical gap. Key Points
Economic TimesAvatar: Frontiers of Pandora: Check out combat-based difficulty settings
Avatar: Frontiers of Pandora introduces diverse difficulty settings for personalized gameplay. The Ubisoft game offers three combat-based Options affecting damage dealt and taken. With a focus on exploration and combat, players can choose a relaxing or challenging experience. Key Points
The Economic TimesAmid premiumisation reports, IndiGo says always in process of evaluating Options available
The airline, which has a domestic market share of more than 62 per cent, is expanding its operations. It has a fleet of more than 330 aircraft, and 970 planes are on order. Key Points
Economic TimesDollar weakens after data shows U.S. inflation moderating
By Herbert Lash NEW YORK (Reuters) - The dollar weakened on Tuesday after data for U.S. consumer prices showed signs that underlying inflation slowed in October, increasing the odds that the Federal Key Points
ThePrintUS House Republicans eye plan to avert government shutdown as Moody's warns
U.S. House Speaker Mike Johnson has spent days in talks with members of his slim 221-212 Republican majority about several CR options. The Republican-controlled House and Democratic-led Senate must agree on a vehicle that President Joe Biden can sign into law before current funding expires on Nov. 17. Key Points
Economic Times
Sanofi plans to split consumer health unit to narrow focus
Sanofi is reviewing Options for the potential split, but said the most likely course would be a “capital markets transaction” to form a separately listed company based in France. The move could occur as soon as the fourth quarter of 2024, it said in astatement Friday. Key Points
Economic TimesGamification of market? Derivatives to cash volumes ratio highest in India
Change in contract structure, leverage combined with the ease of onboarding and interface of the new generation trading apps has triggered gamification of this market. As a result, the number of active derivatives traders increased eightfold from less than half a million in 2019 to 4 million. This, in conjunction with sachetization, has attracted a younger demographic as well as clients from Tier II and III cities, the study said. Key Points
Economic TimesUS FTC eyes Options after Microsoft/Activision loss, source says
The U.S. Federal Trade Commission is considering its Options after stinging losses last week in its bid to stop Microsoft's $69 billion deal to buy Activision, a source told Reuters on Monday amid expectations the agency's fight is nearing the end. Key Points
ReutersHere's What Silicon Valley Bank Collapse Did To The Indian Startup Ecosystem
Fintech firms have introduced quick funding Options and ways of funnelling cash out of the U.S. and diversifying banking partners. Key Points
BQ Prime'When I returned Dhoni mania was so big they had to pick him': Karthik recalls
During the start of this century, India selectors auditioned quite a few wicketkeeping Options before finding the perfect one, MS Dhoni. And with him "doing no wrong" during his illustrious career, it diminished the chances of other options. Dinesh Karthik, who recalled his competition with Dhoni on the RCB podcast, was one of them. | Cricket Key Points
Hindustan Times
Gamification of Options trading! Gen Z investors are seeking tools that are fast & agile: Sivakumar Jayach
Sivakumar Jayachandran discusses creating a trading console catering to Gen Z investors' need for speed and agility, infusing gamification elements to make trading accessible and engaging, especially popular for Options trading among retail investors in Surat. Jayachandran says: Our aim is to redefine how traders interact with the market, fostering a community where learning, competition, and collaboration thrive. Key Points
Economic Times