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From the options front, sharp decline post Fed meet has resulted in heavy Call writing at ATM and OTM strikes. While the put base is at ATM 18,300 strike, Call bases are much stronger at 18,400 and higher strikes. Hence, a move above 18,400 should be looked for fresh longs in the index.

Piramal Realty is developing around 12,000 apartments, covering 13 million square feet area, in phases across four residential projects in Mulund, Thane, Mahalaxmi and Byculla in the MMR. Sawhney said the company is focusing aggressively on delivery. It has already started handing over the first set of 1,000 apartments to its customers totalling about 1 million square feet.

ONGC Board presently has six directors for exploration, onshore operations, offshore operations, finance, human resources and technical and field services. It used to be headed by a chairman and managing director. The government earlier this month appointed Arun Kumar Singh, who had recently retired as head of oil refining and fuel marketing company BPCL, as the chairman of ONGC but not as its managing director.

“As an asset class, crypto is effectively nonexistent for most large institutional investors,” Jared Gross, head of institutional portfolio strategy at the bank, said on this week’s episode of Bloomberg’s “What Goes Up” podcast. “The volatility is too high, the lack of an intrinsic return that you can point to makes it very challenging.”

A lower-priced stock that displays a higher difference between the daily high and low over a period of time will be more volatile than a higher-priced stock that displays the same difference over the same period of time.

"The biggest theme is going to be the direction of the Fed funds rate. When we see the FOMC dot plots and look at the market implied Fed funds rate, it is aligned to the most dovish of the Fed fund forecasters. So clearly markets expect that the Fed will have to sort of downgrade its expectations of rate hikes and that there will be inflation outcomes. That would be the first major source of uncertainty. Second would be what happens to the Chinese economy."

Apart from factors like rapid urbanisation and a rising population contributing to increased demand for affordable housing units in major Indian cities, investors too are making a beeline for residential and commercial real estate. With equity markets stagnating amidst increasing inflationary pressures, real estate investments are ramping up due to the attractive rental yields and the potential for further price appreciation.

“Ultimately, what makes great leadership and what makes a happy life is not what other people think of you, it is what you think of yourself, what does your family think about you? What do your co-workers think about you?”

"Among Nifty December month options, activity in calls far exceeds that of puts. Put OI is concentrated at ATM, and at psychological points of 17500 and 17000, which do not reflect a positioning bias. However, OI and activity along calls are spread across the near OTMs suggesting that traders have been trying to capitalize on the falling momentum by building shorts."

NSDL data shows FIIs have invested over Rs 7,200 crore so far in December. "FIIs are likely to turn cautious in the near term. Macro data from the US and Covid news will drive FII flows and the markets in the near term," said Dr.V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.