#cuttheclutter
Nifty VIX index started going up 24 April in the aftermath of low polling, this election season. In Episode 1451 of Cut The Clutter, Editor-in-Chief Shekhar Gupta discusses reasons, implications, & why Amit Shah, Nirmala Sitharaman & Jaishankar are trying to reassure buyers.
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3:18 -- Buy before 4 June, expect spike — Amit Shah's tip
8.39 -- At 70, Nifty VIX peaked 27 March 2020
9.14 -- Nifty VIX now around 20, 11-13 considered normal
11.04 -- In this election season, VIX started going up 24 April
14.02 -- VIX went up to 28 on 17 May 2019
14.37 -- VIX on 9 May 2014 went up to 37
17.16 -- 9 out of 10 young people who are day trading losing money
18.42 -- Yen weakened by 60 basis points in a month — Finance minister
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To read TCA Sharad Raghavan article: https://theprint.in/economy/brokerages-hedge-funds-make-a-killing-as-indias-inexperienced-youth-flocks-to-the-equity-market/2081637/
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To read article from The Economist: https://www.economist.com/finance-and-economics/2024/05/02/hedge-funds-make-billions-as-indias-options-market-goes-ballistic
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