Derivative data shows that Nifty is starting the February series after a 4-month losing streak, high rollovers, and short positions ahead of Budget. Here are the key analyses as per HDFC Securities.
HDFC Securities on Monday announced a strategic partnership with KFin Technologies Ltd to boost accessibility and adoption of the National Pension System (NPS) among its subscribers. The collaboration aims to leverage KFin Technologies' advanced central recordkeeping agency (CRA) platform to provide an enhanced user experience for HDFC Securities' 3.5 lakh subscribers and over 2,700 corporate clients, the company said in a statement. CRAs play a vital role in the NPS ecosystem by managing subscriber records, ensuring transparency, and facilitating seamless account operations. KFintech's CRA platform is equipped with features such as flexible transaction statement downloads, real-time SMS notifications for contributions, and advanced security measures like dual-factor authentication using passwords and OTPs, it added. Subscribers can also access dedicated portals, WhatsApp services, and a missed-call facility to monitor investments and make changes conveniently, the stockbroking fir
Short covering is seen in the IRCTC Futures, where we have seen 3 per cent fall in the open interest with price rising by 3 per cent
Demand remains strong and developers expected to make launches, according to analysts
Relli highlighted potential policy disruptions in the United States next year that could fuel inflation, with monetary policy responses being insufficient to address these challenges
Nifty 50 today: Any level below 24,300 would confirm the bearish trend reversal for the short term, which could drag the Nifty towards an immediate support of 24,180, says Vinay Rajani
F&O Trading, HPCL stock: The stock price has been forming bullish 'Higher Top-Higher Bottom' formation on the weekly chart
Long build up is seen in the L&T Fin Futures, where we have seen 18 per cent rise in the open interest with price rising by 2.5 per cent
Short term trend of the Nifty remains weak as it is placed below its 5, 11 and 20 day EMA
The company stated that its new offering will provide financial solutions to corporate treasury, ultra high net-worth investors (HNIs), and family offices in the over Rs 50 crore investment segment
HDFC Bank, in its quarterly update, said it has securitised Rs 19,200 crore of loans in Q2FY25 as a strategic initiative to lower its elevated credit-deposit ratio
Short term trend of the Nifty remains bullish as it is placed above its 5, 11 and 20 day EMA.
Short covering is seen in the Bank Nifty Futures, where we have seen 3 per cent fall in the open interest
F&O strategy for Indian Oil stock: IOCL share price has broken out on the daily chart to close at highest level since February 2024 with a sharp rise in volumes
The rally in microcap stocks, according to Devarsh Vakil, Deputy Head of Retail Research, HDFC Securities, has been on the back of growth in earnings in a lot of these companies
Birlasoft stock price has broken out from the consolidation, which held for the previous two weeks. Price breakout is accompanied by rise in volumes
Strides Pharma has retraced more than 61.8 per cent of the entire fall which was seen from the swing high of Rs 425 towards the recent swing low of Rs 312, which indicates negation of a down trend
Derivatives strategy on SB: Long build up is seen in SBI Futures with 11 per cent rise in open interest
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Long build-up is seen in the NIFTY Futures, where open interest rose by 2 per cent (Prov) with NIFTY rising by 0.92 per cent