Nifty rollovers seen at 76% this series, in line with the previous month, but below the 3 months average, and as per option chain analysis the monthly expiry PE writers are active at 17000CE – overall 60 thousand contracts, followed by 17500PE – highest fresh additions of 8 thousand contracts seen. CE writers make their way at 18000CE/19000/19500 strikes – overall over 30 thousand contracts each, with max fresh exposure seen at 19500CE as well.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an