Crude is rising, dollar is strengthening again, US bond yields are rising, the US-China trade deal is not so good for India at least sentimentally and from a flows perspective, and the recent geopolitical stress has also taken out some shine from India. Valuation premiums could contract for India in the near to medium term and given that we do not have much upside room in terms of valuation left, we could be in a very narrow range market.
Uber driver’s Rs 2.5 lakh options trading loss sparks fresh debate over retail derivatives risk
A viral video of an Uber driver losing Rs 2.5 lakh in options trading has reignited debate on retail investor risks in India’s derivatives market.