Most of the traders in the segment of futures and option as well as equity are affected in this march series, because in the march series, the Nifty was found at a high of 9119 and now it came to the level of 8342 today. As today is the last date of march month expiry of derivative contract,the trading through out the day was on the negative side.There is around 8.5% of correcrion taken place in this
march month.
The april season will bring with companies earning season and sometimes the RBI's policy announcement will also influence the market direction.The current market isnot in favour of equity segment, so investors can migrate themself in to "safe" derivative market or they can also do trading in currency market at NSE. Yemen woes will also be the key factor in the current market situtation globally and locally.
we shall post a separate article on this soon.
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