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200 DMA of Nifty Indices and Nifty 50 Stocks

200 DMA or the 200 Day Moving Average, is an important indicator in technical analysis. The 200 DMA is a long term moving average that helps determine overall strength of an index or a stock. The 200 DMA is generally used as a trend following indicator, which do not predicts market direction, but rather gives an idea about the current direction. Moving average is a lagging indicator, since it is based on past prices of an index or a particular stock.

An index that is trading below its 200 DMA is considered to be in a long term downtrend and when it is above, it is in an uptrend. Whenever the index or a stock trades near these averages, they attract support in a bull market and finds resistance in a bear market. Currently, the 200 DMA of Nifty 50 is around 10800 and Nifty 50  has closed well below this level, indicating bearishness.

The two tables below show the 200 DMA of Nifty Indices and Nifty 50 stocks as of today.

If fact, the 200-day moving average may act as support or resistanc…

Link Fest - September 2018

Weekend Reading:

BoB, Vijaya Bank approve merger proposal to create second largest PSU lender- LM

CPSE ETF may include shares of 11 cos, rebalanced index to be ready by October  - BL
RBI policy, macro data among 7 factors driving market next week

Read more at:
RBI policy, macro data among 7 factors driving market next week ET

The crypto world is going wild for 'stablecoins' - BI

Homeowners are sitting on a record $6 trillion in equity. - MW

Singapore Stock Exchange (SGX) To Start Futures Trading In Indian Stocks

Singapore Stock Exchange (SGX) will soon launch trading in Indian stock futures on its platform. The Singapore exchange currently offers trading in Nifty Index Futures, Bank Index and IT Index Futures contracts, which are very popular among overseas investors.

This could be a big blow to domestic derivative markets for reasons mentioned below:

Operational hours: The Indian derivatives markets operate in tandem with the cash markets. But, investors can trade SGX futures round-the-clock. This is an advantage for the investors, especially in the western hemisphere, who find it difficult to trade according to Indian trading hours.
Cost-effective:  SGX doesn’t impose securities transaction tax (STT) and stamp duty, which are levied by India.
SGX is already a key destination for Indian futures among overseas investors. SGX accounts for half of the volumes in the SGX Nifty Futures.
Investors can also trade from the SGX without having a broker or terminal in the exchange.
Advantage SGX!

Nifty Total Returns Index

Nifty above 14,000 ! Surprised ? The Nifty Total Returns Index, is nothing but Nifty plus the total dividends announced by Nifty companies, which are assumed to be reinvested.

Though not many are interested in dividends and are concerned about only in the rise in share prices, this is a surprise for them. The Total Returns Index is currently above 14,000,  while the Nifty is around 10,300.

What exactly is Total Returns Index?
The total returns includes interest, capital gains and dividends realized over a given period of time.  The TRI will help in giving the right picture of the real alpha, a metric which measures what the fund has earned over and above (or below) what was expected.

What does TRI mean for mutual fund investors?

Currently, majority of fund houses benchmark their equity mutual fund schemes against simple price indices. But  recently, DSP BlackRock announced it would be disclosing the performance of its equity mutual funds with The TRI as the benchmark.

This is a welcome…

Reliance ETF Liquid Bees

Reliance ETF Liquid Bees features:
Reliance ETF Liquid Bees is an exchange-traded fund (ETF) that invests in calls, Treasury Bills and other short-term fixed-income securities.
The minimum lot is 1 with a face value of Rs 1,000.
NAV - Rs 1,000.
Listed at NSE - Symbol – LIQUIDBEES and BSE Code – 590096
Charges - All the charges applicable as with delivery trades, except for STT, which is waived.

Why invest in Liquid Bees? Investors or Traders having excess funds, which they don't require immediately,  can park their funds in this fund for short-term.  You can also use them for paying margins to brokers,  which allows you to earn money on your margin, unlike cash  - which gives no returns.

Expected Returns?

The returns expected is about 5-5.5% per annum. If you buy and hold your units in Demat account, you will receive the returns as units in your Demat account.  The price of the Liquid Bees always remains at Rs. 1000 per unit. You can check the NSE Data here

ETFs are evolving slowly in …