KPI Green Energy, Rajesh Exports, and Future Retail are today’s mid-day movers! 

Dalal Street had a very bad start to the week on Monday morning as the market fell over 2.5 per cent, tracking global peers. Other factors responsible for such a fall include the US inflation print, which was released on Friday; stoking fears of more aggressive interest rate hikes by Federal Reserve as well as investors’ fear in anticipation of Indian inflation data, due today.  

Given the present inflation-led scenario, Prashant Pimple, CIO - Debt, JM Financial Asset Management presents his perceptions and advice in this interview. 

The markets witnessed a major sell-off today. At the pre-opening bell today, the frontline index S&P BSE Sensex opened in the red.

Do you or your friends also face the dilemma of which strike price to choose? In this article, we will try to decode as to which strike price should be the best one to choose. 

The benchmark indices denied having a cheerful weekend and witnessed a steep fall with Sensex dipping over 1,000 points. Taking cues from losses in global peers, BSE Sensex plunged 1,114 points intraday before settling at 54,303, down by 1,017 points or 1.84 per cent. Meanwhile, Nifty 50 held the 16,200-mark to settle at the 16,202 level, sinking 276 points or 1.68 per cent. 

BSE Smallcap index relatively outperformed the broader markets by registering losses of 0.70 per cent to close at 25,857.42.

Highest put option open interest contract was added at a strike price of 16000 for expiry on June 16. 

Let's understand the concept of Stagflation.

Amidst all the chaos, there is only one stock on the Indian bourses that is seen defying gravity. A significant point to note here is that the stock has skyrocketed over 78 per cent in the last one week.