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:

Surprise Rate Cut

Reuters Showcase

Eicher Share Sale

Eicher Share Sale

Truck maker Volvo sells shares in Eicher Motors  Full Article 

Beef Ban

Beef Ban

After beef ban, Hindu groups force abattoirs to close   Full Article 

Services Growth

Services Growth

Services growth at eight-month high in Feb - HSBC PMI  Full Article 

StanChart Results

StanChart Results

StanChart rules out share sale as profit plunges 25 pct  Full Article 

Jim O’Neill Interview

Jim O’Neill Interview

'India can become world’s fifth-largest economy by decade’s end'  Full Article 

Coal Imports

Coal Imports

India coal imports in Feb jump from year ago, but drop m/m  Full Article 

Next Superhero

Next Superhero

Franchise Man swoops in to save Bollywood  Full Article 

Budget 2015

Budget 2015

Budget announcements and reactions from the industry  Full Coverage 

Reuters India Mobile

Reuters India Mobile

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