MARKET EYE-NSE sees rising put option contracts at 6,000 points

Mon Feb 4, 2013 11:15am IST

Related Topics

* India's NSE index could see support at around 6,000
points, analysts say based on a rise in put options at that
level.
* Open interest for put options at 6,000 points increased by
400,000 contracts on Monday, suggesting these investors don't
expect too much downside below this level.
* The spot NSE index had fallen 1.25 percent in the four
sessions between Tuesday and Friday after the RBI cut interest
rates as expected but adopted a more cautious stance on future
rate cuts. 

 (manoj.dharra@thomsonreuters.com;
manoj.dharra.thomsonreuters.com@reuters.net)
FILED UNDER:

Reforms Push

REUTERS SHOWCASE

Reuters Exclusive

Reuters Exclusive

India looks to sway Americans with nuclear power insurance plan  Full Article 

To Boost Growth

To Boost Growth

Crank up public spending to revive growth - chief economic adviser.   Full Article 

Bold Steps

Bold Steps

SpiceJet rescue plan marks bold bet on Indian aviation recovery.   Full Article 

New Airline

New Airline

Tata, Singapore Air venture Vistara to take off on Jan 9.  Full Article 

Online Sales

Online Sales

Knock knock. Who's there? Amazon's best-selling holiday author.  Full Article 

26/11 Plotter

26/11 Plotter

Pakistan to challenge bail for Mumbai attack "mastermind".  Full Article 

Chinese Economy

Chinese Economy

China revises up size of 2013 economy, sees no effect on 2014 growth.  Full Article 

Reuters Poll

Reuters Poll

BSE Sensex to hit 32,980 by December 2015  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage