Sensex, Nifty Hold Gains Led By Private Lenders

Gold Silver Reports (GSR) – Sensex, Nifty Hold Gains Led By Private Lenders – Indian equity benchmarks held on to gains as buying in private sector lenders and Reliance Industries outpaced losses metal stocks. The S&P BSE Sensex rose 0.4 percent or 141 points to 34,591 and the NSE Nifty 50 index gained 0.16 percent or 17 points to 10,601.

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SGX To Migrate All Nifty Positions To New Indian Derivatives From June 4

Gold Silver Reports (GSR) – SGX To Migrate All Nifty Positions To New Indian Derivatives From June 4 — Participants who don’t wish to be part of this migration should close out their positions before June 1, SGX said in a communication to its clients. The exchange had earlier announced the launch of three new contracts on Nifty SGX India Futures, SGX Options on SGX India Futures and SGX India Bank Futures.                       

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India’s ‘Macro Concerns’ Will Hold Nifty Below 11,000, CLSA Says

Gold Silver Reports (GSR) – India’s ‘Macro Concerns’ Will Hold Nifty Below 11,000, CLSA Says – NSE Nifty 50 Index won’t cross the 11,000 level in 2018 as concerns about the revenue and fiscal deficits, higher oil price and inflation, new taxes on equity gains and political uncertainties will continue to linger on and impact returns, CLSA India Pvt. said in an investor note Monday.

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Nifty 10,000 Put Option Most Active On NSE

Gold Silver Reports (GSR) – Nifty 10,000 Put Option Most Active On NSE — Nifty 10,000 strike price put option was the most active options contract on the National Stock Exchange. As many as 7.23 lakh shares were added in open interest which rose to over 39 lakh shares.

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