However, concerns about inflation, rising interest rates, and the possibility of a worldwide recession continue to remain in focus. In terms of sectoral indices on NSE, the FMCG and financial services sectors were marginally higher while metals nosedived 4 per cent, followed by Nifty IT, media, realty, banking, oil & gas stocks. 

After a sharp decline, Bank Nifty was able to close in the green on Friday. It closed at the lowest level after May 2021, which is below the prior swing low.

This is because the entire concept of trading options and selecting the right strategies depends upon the concept of volatility & pricing.   

Highest put option open interest contract was added at a strike price of 14500 for expiry on June 23. 

For the sixth day in a row, domestic bourses ended down with the Nifty falling below 15,300, while shares of Titan plunged more than 6 per cent.

Valuation metrics are ratios and models that can give investors an idea of what a company may be worth.

Majorly taking cues from the global markets, the domestic markets ended lower in a volatile trading session on Friday, in continuation of the ongoing trend. Most of the sectoral indices traded lower whereas the broader indices also lost nearly a per cent each.  

Titan Company Ltd, a stock in the portfolio of ace Investor Rakesh Jhunjhunwala has tumbled over 28 per cent within 3 months.   

Having already made significant investments in capacity enhancement for denim production and thereby catering to the increase in demand for this product, Jindal Worldwide Limited’s growth seems well-assured, says Gaurav Davda, Head - Corporate Finance and Strategic Initiatives

The scrip rallied 20 per cent and got locked up in the upper circuit to record an all-time high value.