The Indian market is expected to rise as positive global cues influenced trade. The S&P BSE Sensex gained 100 points, and the Nifty50 market index closed above 18,500 levels. India VIX decreased by 4.09% creating sessions that are choppy. The strategic Call OI maximum for this week is at 18,600 while the maximum Put OI is at 18,500. Stocks suggested for traders who have a short-term trading horizon include Redington, NMDC, Shriram Finance, and BEML. On the other hand, Hero MotoCorp, Mahindra Finance, and L&T, among others, are also suggested for trading by various experts.
Muthoot Finance shares fall 14% in two-day rout on RBI tightening gold loan rules
Muthoot Finance shares plummeted after the Reserve Bank of India (RBI) announced forthcoming comprehensive regulations for gold-backed loans, triggering a selloff. The new rules include
April 11, 2025