INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Benchmark indices Nifty and Nifty Bank are headed for a drop in January FO Series
This might just turn out be a decline for the second series in a row.
India VIX -- a barometer for market volatility -- is on course for a
turnaround as it looks to break a losing streak for two derivative series.
Two sectors -- auto and media -- have lost sharply, by more than
10 per cent each in the ongoing series
Only 3 have stood out amid the losses – IT, energy and pharma
Infra and metals also featured in the loser's category.
Dish TV, DHFL, Ashok Leyland and Indiabulls Housing Finance were among worst
performers in the ongoing FO series, plunging 36 per cent, 32.6 per cent, 21.4 per cent and 20.4 per cent, respectively
Shares of Reliance Communications dropped 20.3 per cent
Two Nifty firms are among the top five gainers in the FO space in the ongoing series
One Nifty stock also featured among top losers.
Yes Bank topped the FO pack, with 12 per cent change in January derivative series
Dish TV saw the maximum loss of 36 per cent.
