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"When it comes to determining the price of an option, the current market price of the underlying asset is the key factor. When it comes to call options (right to buy), as the market price of the underlying asset rises, the value of the call option usually follows suit. Conversely, for put options (right to sell), as the market price of the underlying asset drops, the value of the put option generally increases."

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Going into the debt ceiling, if you look at 2011 when we had the last big fracas where the US lost its AAA rating, the S&P 500 went down 20%, the bond yields went down by 120 bps from 3% to 1.8%.

"It is a necessary and desirable move because it accelerates the exit of the 2000 rupee notes, especially those that are in storage. Because there has been no printing of these notes since 2018-2019, their quality has been deteriorating and therefore, it is a necessary and desirable step."

From the BSE500 pack of stocks, 64 companies have seen over 100% year-on-year profit growth during the March quarter, shows ETMarkets analysis.

The Indian equities ended the week on a negative note, diverging slightly from global markets. The trading range widened as Nifty oscillated in a 398-point range, facing resistance in the 18,350-18,500 zone, whereby no runaway rally can be expected unless this zone is taken out. Derivative data shows next week will be influenced by expiry and rollover-centric activities. Nifty Realty, NiftyBank, Consumption, and Financial Services indices are inside the leading quadrant, which are expected to show relative outperformance against the broader Nifty 500 Index.

Fineotex Chemical, a smallcap speciality chemical company, has seen its shares rise by 10,837% over the last decade. The company has a market capitalisation of around INR2,800 crore ($383m) and has seen its sales grow from INR96 crore in 2013 to INR368 crore in 2022. The firm makes specialty chemicals and enzymes for various industries and also produces adhesives used in the wood and paper industry.

Rule-based trading is a mechanism that enables traders to overcome behavioural biases and emotional inclinations. It involves setting a written set of rules from start to end, which define which stocks to enter, when to enter, how much money to place, and when to exit. Once these rules are defined, the trader only has to wait for the target to be achieved or until the stop loss is hit. This approach is suitable for every type of trader, and the selection of rule-based strategies depends greatly on experience and temperament. The frontline index remained bearish on a weekly closing basis at 18,203 levels with a 0.61% fall.

All private banks as well as PSU Banks have shown strength in Friday’s session. So the profit taking which was there in the market is almost absorbed and we believe that we can see a new all-time high for Bank Nifty in the coming week.

ETMarkets did a quick analysis to filter stocks available below Rs 2,000 for Dalal Street investors to pick. Nineteen Sensex stocks, including ICICI Bank, Axis Bank, and State Bank of India, are available below INR 2,000. Additionally, about 406 stocks that are part of the BSE 500 index trade below INR 2,000.