Amidst this downturn, the addition of substantial open interest in the 19500CE options signifies that the index is poised to expire below the 19,500 mark on Thursday’s expiry.
Will RBI announce steep rate hikes? Nomura sees up to 50 bps increase by Dec, dismisses 125 bps hike fears
Nomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures rise