Weekly Options Strategy: Keep target at 16,000-16,200, go for bull call ladder https://ift.tt/UB8Slsc the data perspective, Call open interest for the coming weekly settlement is visible at 16,000 strike while the Put base is placed at ATM 15600 strike. Hence positive bias should continue till Nifty is sustaining above 15,600 levels and it may attempt towards 15900/16000 levels in coming sessions.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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