Sunday, 28 January 2018

Unstoppable Bulls: Five reasons why Sensex just zoomed 300 points



Benchmark equity indices BSE Sensex and NSE Nifty scaled new peaks at 36,388 and 11,156, respectively, in morning trade on Monday, as market participants widened their bets on the first day of the February series F&O contracts. 

This, despite markets regulator Sebi sending out an advice to stock exchanges to tell their brokers to collect higher margins from big clients, including foreign institutions, virtually sounding the alarm bells. 

Sebi is seeing a potential systemic risk in the near-record position buildup in equity derivatives. 


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