Sensex near all-time high: Does the rally have any more steam?

After back-testing data since 2006, every time the Sensex makes a peak after a strong bull rally, the New High Low Index level surges to over 80% level for few days. Furthermore, the number of stocks hitting new yearly highs are more than 250 stocks on an average Continue reading Sensex near all-time high: Does the rally have any more steam?

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Chart of the day: Cash market turnover is steadily increasing

Riken Mehta Moneycontrol.com Follow me on Twitter @mehtariken May is turning out to be a good month for stock brokers, with daily average cash market turnover (both exchanges combined) touching Rs 25,000 crore. This is the highest in five years, and offers some relief for broking firms, which have been grappling with low volumes for some time now.  While total traded turnover on the bourses (cash … Continue reading Chart of the day: Cash market turnover is steadily increasing

F&O Check: Option buyers book out; IVs halve, premium falls

Riken Mehta  moneycontrol.com  Follow me on Twitter @mehtariken F&O players had geared themselves for volatility on the day of the election results and took heavy positions in the options market mostly on the long side. A trader or investor bullish on a particular index or stock would buy at the money or out of the money calls to cash in on upside in it. Traders bought … Continue reading F&O Check: Option buyers book out; IVs halve, premium falls

The roller-coaster ride of Baltic Dry Index in last 6 months

Riken Mehta Follow me on Twitter @mehtariken Baltic Dry index, a barometer of global trade fell 26 percent this week after the new environmental rules implemented by Colombia. The government halted loading of coal out of the country after US miner Drummond failed to comply with environmental rules. Colombia is world’s fourth largest supplier of thermal coal. Baltic Dry index which indicates the daily charter rate … Continue reading The roller-coaster ride of Baltic Dry Index in last 6 months

How Infosys has moved in earnings seasons

Riken Mehta Follow me on Twitter @mehtariken Check out how Infosys/Infy has moved in earnings seasons Pre-Result rally is rally from start of the month to one day before results Post-Result rally is rally from closing price on result day to end of that month Month Pre-Result Rally Result Day Post-Result Rally Jan-12 2.13% -8.43% 6.09% Apr-12 -4.03% -12.66% 2.48% Jul-12 -1.52% -8.36% -1.65% Oct-12 -0.07% … Continue reading How Infosys has moved in earnings seasons