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.
Abhay Agarwal sees market bottoming out as aggressive FPI selling slows
Market volatility is due to low trading volumes, with potential bottoming out expected by April. Positive shifts in domestic consumption and FPI flow reversals suggest