Nifty may show higher-than-usual volatility on Budget day with historical intraday fluctuations of 2-3%. Sujit Modi of Share.Market suggests vega-based strategies like Short Iron Fly and Short Iron Condor, while HDFC Securities recommends a Long Butterfly Strategy to capitalize on expected IV changes.
Borana Weaves IPO Day 2: After strong investor response, GMP soars to 28%. Check subscription
Borana Weaves’ IPO continued to attract strong interest on Day 2, with overall subscription reaching 8.5 times and the retail portion booked 25 times. The