From 90% premium, it has now come down to somewhere around 55% to 60%. But at the same time, Indian earnings estimates are also coming down. If you look at the consensus EPS estimates for 2025, 2026, over the last one month maybe five to six weeks they are down about 5%, which is a major departure from the trend that we had seen earlier.
Tech View: Nifty short-term trend remains choppy, next support at 23,800. How to trade on Monday
Open interest (OI) data showed the highest OI on the call side at the 24,200 and 24,300 strike prices, while on the put side, the
November 8, 2024