Sunday , November 24 2024

Stock market fluctuations in May: indication of futures situation


April's soft market volatility was lower than in previous regular election years, which may be the calm before the storm. Market-wide futures hit a record outstanding level of Rs 4.38 trillion when the May series of derivatives opened on Thursday, indicating volatility in the coming month, including single stock futures and index futures (Nifty and Bank Nifty). Are. The stock market is hopeful that the ruling National Democratic Alliance (NDA) will win when the Lok Sabha election results are declared on June 4. But in this victory, the stock market will keep an eye on the margin of victory. Which can decide the movement of the market. The month of May will be very important before the election results, because most of the voting phases will be completed in this month. Anticipation of the results can cause huge fluctuations in the stock market.