Driven by significant short-covering by Foreign Institutional Investors (FIIs), the Nifty surged approximately 3%, while the Sensex soared by a staggering 2,778 points on Monday morning, following the unexpected exit poll projections of a landslide victory for the NDA. The “Aayega To Modi” slogan became an investing strategy as traders enthusiastically bought Prime Minister Narendra Modi’s favored Public Sector Undertakings (PSUs) in entirety.
NSE increases lot sizes for all 5 index derivative contracts after Sebi order
The new measure will take effect from November 20, 2024, for all newly introduced index derivatives contracts, including weekly, monthly, quarterly, and half-yearly, according to
October 19, 2024