Nalin Goswami

WEEKLY DERIVATIVE INSIGHT  Benchmark Indices continued the uptrend for the seventh consecutive week, with Nifty closing marginally higher by 0.1% at 24530. The overall OI decreased by 10.7% from Rs. 20,16,538 crores to Rs. 18,00,994 crores.  Nifty futures OI in number of shares increased by 10.5% from 1.60 crores to 1.77 crores, while Nifty futures premium decreased by 21 points. Nifty PCR ratio decreased from 1.28 to 1.11. Indian VIX closed for the week at 14.83, up by 8%. On the upside, 15.50 is the immediate resistance level to watch out for. On the downside, 10 is the support level to watch out for. Stocks that saw a long buildup for the week were India Cement, Syngene, Pageind, ITC, Colpal, ICICIGI, Auro Pharma, and ONGC. Stocks that saw a short buildup for the week were India Mart, Navin Fluoro, HDFCAMC, Concor, LTTS, Jindal Steel, Metropolis, PVRInox, Tata Steel, Asian Paint, Recltd, Cummins, Alkem, and LTF. 25500 strike price has the highest OI among the Nifty July month-end call option, with an OI of 81.43 lakhs. For the week, 24500, 24600, and 24700 call options saw the addition of 4.4 lakhs, 26.8 lakhs, and 21.2 lakhs, respectively, with IV increasing, indicating the buying of an option. 24000 strike price has the highest OI among the Nifty July month-end put option, with an OI of 59.06 lakhs. For the week, 24500, 24600, and 24700 put options saw the addition of 19.9 lakhs, 17 lakhs, and 13.8 lakhs, respectively, with IV increasing, indicating the buying of an option. In the derivative segment for the week, FII were net buyers in the index futures to the tune of Rs. 1,842 crores, with OI increasing by Rs. 3,703 crores compared to net selling of Rs. 4,175 crores, with OI decreasing by Rs. 1,162 crores in the previous week, indicating a long buildup. FII added 46884 long contracts and 16119 short contracts in index futures, indicating a long and a short buildup in the current week.  FII net long exposure in index futures stood at 78.9% vs. 81.7% at the beginning of the July series. In the stock futures, FII were net buyers to the tune of Rs. 10,119 crores, with OI increasing by Rs. 5,996 crores compared to net selling of Rs. 3,101 crores, with OI increasing by Rs. 3,814 crores in the previous week, indicating a long buildup. As mentioned in the last week report, Nifty has achieved the target of 24700, making a high of 24855, and saw profit booking to close the week marginally higher by 0.1% at 24530. Looking at the option data and FII statistics, 24500 is the immediate support level to watch out for on Nifty, and below that, 24250-24141 are the other support levels. On the upside, above 24855, 25000-25200 are the levels to eye.

What has the forthcoming ‘Union Budget’ in store for Investors ? Finally, the Union Budget date is out. It’s going to be presented on 23 July by NDA govt. The backdrop: These include (i) Compulsions of co-aliation politics and demands / expectations of NDA partners , (ii) Rising HNI population and the resultant rich poor divide / dissatisfaction amongst sections of the society (Iii)Rising expectation of concessions from aspirational middle class (Iv)Forthcoming elections in key states including in Maharastra and few more states (v) Continued buoyancy in direct and indirect tax collections (vi) Competitve politics of freebies by political parties in certain states (vii) Gradual Disinvestment / Dis engagement by govt from select PSEs / PSUs etc. through PPP partnerships etc (Viii) Bridging the massive Physical Infrastructure Deficiency ( Roads / Ports/Railways / Airports / Logistics and Transportation etc) . (Ix) Continued thrust in economic development through increased allocation to PLI schemes across many sectors (x). Housing for Poor etc. As we all know Stock markets do their own thing. They go where they have to go, which is unpredictable anyways. Usually, key events provide swing trading opportunities for traders. Investing from a long term perspective need not change much, in general. To this extent , It’s a Tone at the Top event, with focus on policy interventions. We may feel Good / Bad about certain provisions . We have to take them into our stride and get on with our lives . High valuations In Select mid and small cap stocks is a known risk anyways. We can’t predict the unknown / unknowns 😊

#Nippon India ETF Consumption  #CONSUMBEES Nippon India ETF Nifty India Consumption BeES, often referred to as CONSUMBEES, is an exchange-traded fund (ETF) that tracks the Nifty India Consumption Index. Here’s a detailed explanation: What is the Nifty India Consumption Index? The Nifty India Consumption Index is designed to reflect the performance of companies that are part of the consumption theme in India. This includes sectors such as: Automobiles Pharmaceuticals FMCG (Fast-Moving Consumer Goods) Healthcare Media and Entertainment Telecom Services Purpose of CONSUMBEES The objective of the Nippon India ETF Nifty India Consumption BeES is to provide investment returns that, before expenses, correspond to the total returns of the Nifty India Consumption Index, subject to tracking errors. Key Features Sector-Specific Exposure: Investors gain exposure to a basket of companies engaged in the consumption sector in India. Diversification: The ETF includes a diversified set of companies within the consumption sector, reducing the risk associated with investing in a single company. Liquidity: As an ETF, CONSUMBEES can be bought and sold on stock exchanges, providing liquidity to investors. Cost Efficiency: ETFs generally have lower expense ratios compared to actively managed mutual funds. Transparency: The holdings of the ETF are usually disclosed daily, offering transparency to investors. Benefits of Investing in CONSUMBEES Growth Potential: The consumption sector in India is poised for growth, driven by increasing disposable incomes, urbanization, and changing consumer preferences. Convenience: Investing in CONSUMBEES provides an easy way to gain exposure to multiple companies within the consumption sector through a single investment. Cost-Effective: Lower expense ratios compared to some mutual funds can enhance overall returns. Risks Sector Concentration Risk: Since the ETF is focused on the consumption sector, it is subject to risks specific to this sector, such as changes in consumer spending, regulatory changes, and economic cycles. Market Risk: As with any equity investment, the value of the ETF can fluctuate based on market conditions. Tracking Error: The ETF may not perfectly replicate the performance of the underlying index due to tracking errors. How to Invest Investors can buy and sell units of CONSUMBEES through stock exchanges like the National Stock Exchange of India (NSE) or the Bombay Stock Exchange (BSE). A demat account is required to trade ETFs in India. Conclusion Nippon India ETF Nifty India Consumption BeES (CONSUMBEES) offers investors a convenient and efficient way to gain exposure to the consumption sector in India. With the potential for growth driven by various factors, it can be an attractive option for investors looking to capitalize on the consumption theme. However, investors should consider the associated risks and their investment objectives before investing.

In the F&O of RRB Group D, success rate is 1/100. In the F&O of UPSC for IAS/IPS, success rate is 8/10000. In the F&O of Market, success rate is 30/100. Which of these, would a sensible kid play? NEET? Yes. In the F&O of NEET, success rate is 55/100 as long as one can out bid a seat. MyGov India Rashtriya Swayamsevak Sangh Indian Ministry of Finance SEBI