Author Archives: Parag Patil

The legality of SGX’s Nifty

  Singapore Exchange Ltd (SGX) has decided to continue offering Nifty futures trading to its clients, but by another name. They will now be called India futures or, to be more precise, futures on “the index that comprises 50 stocks… Read More »

Buy NMDC Ltd For Target Rs.180.00

1QFY18 adj. EBITDA grew 98% YoY (+13% QoQ) to INR16.2b, exceeding the estimate by 7%, due to higher regional and mix premiums. EBITDA is adjusted for (a) rail line doubling payment of INR411m and (b) expected credit loss of INR815m,… Read More »

Derivative Ideas Nifty

DERIVATIVES OUTLOOK * Nifty futures volume weighted average price (VWAP) is at 9940 and Banknifty futures is at 24420. * Call writing was seen at Nifty 10100 strike and Put writing was seen at Nifty 9900 strikes. * Maximum positions… Read More »