Infosys American Depository Receipts saw a significant intraday surge. Experts attribute this spike primarily to derivative strategies and options trading mechanics. While the stock closed with a modest gain, reflecting underlying fundamentals, the dramatic intraday movement was largely driven by short gamma positions. Investors are advised to focus on end-of-day prices for a clearer picture of stock performance.
BSE shares jump 3% on plans to launch new monthly index options, revamp Bankex
BSE shares witnessed an uptick on Monday after an ET report suggested that the exchange plans to launch new monthly index option products and revamp