What does the options market suggest about todays trade?
What does the options market suggest about todays trade?

What does the options market suggest about todays trade?

The Nifty 50 Put Call Ratio (PCR) closed above 0.63. A PCR above 1 is considered bullish while a PCR below 1 is considered bearish.

DSIJ Intelligence Article rating: 5.0

Fresh Put writing was visible at 17500 as well as 18000 on October 22, 2021

Privatization bound BPCL Board approves of the amalgamation of BORL
Privatization bound BPCL Board approves of the amalgamation of BORL

Privatization bound BPCL Board approves of the amalgamation of BORL

Amalgamation is expected to enhance the valuation of BPCL bound for privatization but rising fuel prices may act spoiler.

Shreya Banthia Article rating: 3.9

In the Board Meeting held on October 21, the scheme of amalgamation has been approved by the members. The amalgamation will consolidate BPCL’s presence in Bina facilitating future expansion and diversification in the region. BPCL, which is a Maharatna PSU holds 14-15 per cent of the country’s total refining capacity. Amalgamation is expected to enhance the valuation of BPCL bound for privatization by enhancing its refining capacity. 

Meet the value investment mastermind - Mohnish Pabrai
Meet the value investment mastermind - Mohnish Pabrai

Meet the value investment mastermind - Mohnish Pabrai

Sometimes copying someone else's style can make you a fortune.

DSIJ Intelligence Article rating: 3.9

The man who had bid USD 650,100 for a charity lunch with Warren Buffett, an Indian American businessman, investor, and philanthropist, Mohnish Pabrai is definitely a well-regarded trending personality in India and abroad. 

 

Rajratan Global Wire locks at 5 per cent upper circuit post stellar Q2FY22 results
Rajratan Global Wire locks at 5 per cent upper circuit post stellar Q2FY22 results

Rajratan Global Wire locks at 5 per cent upper circuit post stellar Q2FY22 results

Their stock has jumped 20 per cent in the last one month and more than 190 per cent over the last 6 months. 

DSIJ Intelligence Article rating: 4.0

India's leading manufacturers of high carbon steel wire, Rajratan Global Wire scrip forze at 5 per cent upper circuit after reporting phenomenal Q2FY22 results.

Overnight Digest: Stocks to watch out for on October 25
Overnight Digest: Stocks to watch out for on October 25

Overnight Digest: Stocks to watch out for on October 25

DSIJ Intelligence Article rating: 3.3

Domestic equity markets opened higher on Friday, attempting to recoup some of the losses suffered earlier this week but ended lower for the fourth straight session on October 22. 

Overnight Digest: These small caps will be in focus on Monday
Overnight Digest: These small caps will be in focus on Monday

Overnight Digest: These small caps will be in focus on Monday

Almondz Global Securities, KDDL Limited¸ Thangamayil Jewellery, Confidence Petroleum India and TCNS Clothing made a fresh 52-week high today.

DSIJ Intelligence Article rating: 2.6

On Friday, equity benchmark indices Sensex and Nifty closed at 60,821.6 and 18,114.9, falling by 101.88 points and 63.20 points respectively. BSE Small-cap index underperformed broader markets and corrected by 343.82 points to end at 28,336.31.  

Why PSU Bank shares are outperforming?
Why PSU Bank shares are outperforming?

Why PSU Bank shares are outperforming?

Shares of banks like Indian Bank and Union Bank are up by 40 per cent in the last thirty days.

DSIJ Intelligence Article rating: 3.5

PSU Banks have outperformed their private counterpart in the last one month by a huge margin. Why are they outperforming? 

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