Results for: Derivatives

Bitcoin (BTC) soared above $71,500 on Tuesday, driven by a surge in Bitcoin ETF inflows, particularly from BlackRock’s IBIT, and heightened derivatives activity. Experts believe that these factors, along with anticipated interest rate cuts, point towards continued Bitcoin growth. However, some technical signals suggest possible consolidation before further price advances.

Due to exceeding 95% of the market-wide position limit (MWPL), six stocks have been banned from trading under the futures and options (F&O) segment on the National Stock Exchange (NSE) on Tuesday, April 23, 2024. The stocks include SAIL and ZEEL, among others. The impacted stocks will still be available for trade in the cash market.