Market & Forensics Analyst, Beat the Street

Nimish Maheshwari

Market & Forensics Analyst

Beat the Street

Beat The Street was founded by Nimish Maheshwari and Sudarshan Bhandari, both of whom are Chartered Accountants by Profession, known for their expert analysis in the fields of Business, Sectoral analysis, and Corporate governance.

With a strong social media presence of 45,000+ Subscribers across various platforms, they are considered trusted voices in the industry. Their insights and analysis have been featured in some of India’s most prominent publications, including the Economic Times, Dalal Street Investment Journal, The Morning Context, and The Ken.

Their analysis on Bankrupt & Insolvent companies has been instrumental in saving investors from significant losses. They have a keen eye for identifying red flags and has identified exclusive redflags earlier in Vedanta, Nykaa, Dhani Services, Adani and many more.

Read Business Not Stock Prices

Event-Driven

<ul>
<li>A special call auction shall be held on October 28, 2024 by BSE &amp; NSE to discover hidden value in Investment Holding Companies.</li>
<li>BSE and NSE came out with the list of 8-9 Companies that are eligible for this special session. </li>
<li>We calculated the upside left in these companies using the Current price with 30% discount: 3 Companies with more than 100% upside.</li>
</ul>


A special call auction shall be held on October 28, 2024 by BSE &amp; NSE to discover hidden value in Investment Holding Companies.
BSE and NSE came out with the list of 8-9 Companies that are eligible for this special session. 
We calculated the upside left in these companies using the Current price with 30% discount: 3 Companies with more than 100% upside.


Event Driven: Special Call Auction in Indian Holding Companies

Head of Trading/ Partner, AceGama Advisors

Sankalp Singh

Head of Trading/ Partner

Proprietary Trading Desk

AceGama Advisors

Trading desk specializing in the Listed & OTC options strategies for risk management & investment purposes.

<ul>
<li>Options Markets expected risk sentiment to deteriorate further - IVs were elevated. But lack of RV follow through caused sharp markdowns, especially for short-dated contracts.  </li>
<li>Increased Vol-of-vol has triggered multiple switches in Vol Regime Model - currently in "High &amp; Down" vol-state. Multiple state-switches indicative of unfolding structural changes in Vol Markets.</li>
<li>Smile looking overly compressed in Monthly &amp; Quarterly contracts as OTM Strangles trade close to par with ATMs.</li>
</ul>


Options Markets expected risk sentiment to deteriorate further - IVs were elevated. But lack of RV follow through caused sharp markdowns, especially for short-dated contracts.  
Increased Vol-of-vol has triggered multiple switches in Vol Regime Model - currently in "High &amp; Down" vol-state. Multiple state-switches indicative of unfolding structural changes in Vol Markets.
Smile looking overly compressed in Monthly &amp; Quarterly contracts as OTM Strangles trade close to par with ATMs.


EQD / NSE Vol Update / ++Vol-Of-Vol & Unstable Vol-Regime. Structural Changes Unfolding in Vol Mkts?

<ul>
<li>Nifty50 Monthly IVs post +2.6 vol jump as risk premia gets marked higher on return from 02.10.2024 holiday - China-induced Index selloff &amp; FII Options-buying being the main drivers.</li>
<li>Vol Term-Structure has switched from Contango to Backwardation in the front end for Nifty50 options. BankNifty Vol Curve flattens due to 11th hour IV markdown. </li>
<li>Options Market looks ill-prepared for another leg lower in indices - Smile &amp; Skew subdued in spite of IV-jump.</li>
</ul>


Nifty50 Monthly IVs post +2.6 vol jump as risk premia gets marked higher on return from 02.10.2024 holiday - China-induced Index selloff &amp; FII Options-buying being the main drivers.
Vol Term-Structure has switched from Contango to Backwardation in the front end for Nifty50 options. BankNifty Vol Curve flattens due to 11th hour IV markdown. 
Options Market looks ill-prepared for another leg lower in indices - Smile &amp; Skew subdued in spite of IV-jump.


EQD / NSE Vol Update / Skew & Smile Unmoved by Equity Selloff - Options Market Ill-Prepared for More

Quantitative Researcher, MRM Research

Nico Rosti

Quantitative Researcher

MRM Research

Quantitative Research

<ul>
<li>Our <a href="https://www.smartkarma.com/insights/eqd-the-nifty-potential-upside-from-here" target="_blank" rel="noopener">last insight</a> predicted quite precisely what happened to the <a href="https://www.smartkarma.com/entities/nifty-index" target="_blank" data-smartkarma-citation="entities:23617:1" rel="noopener">NIFTY Index</a> during the last 3 weeks (our forecast was a 3-5 weeks rally, around +4%/+5% higher).</li>
<li>After 3 weeks up in a row, last week the <a href="https://www.smartkarma.com/entities/nifty-index" target="_blank" data-smartkarma-citation="entities:23617:1" rel="noopener">NIFTY</a> pulled back - <strong>the question obviously now is: would this be a good time to enter/re-enter the trade LONG</strong>?</li>
<li>The answer, as always, lies in our Market Reversal Matrix models, keep reading to find out...</li>
</ul>


Our last insight predicted quite precisely what happened to the NIFTY Index during the last 3 weeks (our forecast was a 3-5 weeks rally, around +4%/+5% higher).
After 3 weeks up in a row, last week the NIFTY pulled back - the question obviously now is: would this be a good time to enter/re-enter the trade LONG?
The answer, as always, lies in our Market Reversal Matrix models, keep reading to find out...


<ul>
<li>Nifty50 IVs have finally cracked below 11.0% levels - in spite of upcoming event-risks. Moves lower have been exacerbated by the holiday shortened week.   </li>
<li>Vol-Regime Model has switched to "Low &amp; Down" vol-state in Nifty50. Tactical implications:  Short Vega exposure less favourable going forward.</li>
<li>Risk premia selloff has driven Vol Term-Structure deeper into Contango. Smile &amp; Skew characteristics have compressed in congruence with lower IVs.</li>
</ul>


Nifty50 IVs have finally cracked below 11.0% levels - in spite of upcoming event-risks. Moves lower have been exacerbated by the holiday shortened week.   
Vol-Regime Model has switched to "Low &amp; Down" vol-state in Nifty50. Tactical implications:  Short Vega exposure less favourable going forward.
Risk premia selloff has driven Vol Term-Structure deeper into Contango. Smile &amp; Skew characteristics have compressed in congruence with lower IVs.


EQD / NSE Vol Update / Vols Bogged Down by Holiday Shortened Week in Spite of Upcoming Event Risks

India

The NIFTY 50 index is National Stock Exchange of India's benchmark stock market index for Indian equity market. Nifty is owned and managed by India Index Services and Products (IISL), which is a wholly owned subsidiary of the NSE Strategic Investment Corporation Limited.

NIFTY Index (NIFTY INDEX)

Event Driven: Special Call Auction in Indian Holding Companies

BSE & NSE to hold special call auction on Oct 28, 2024 for Investment Holding Companies, 8-9 eligible, 3 with over 100% upside potential.

Nimish Maheshwari

EQD / NSE Vol Update / ++Vol-Of-Vol & Unstable Vol-Regime. Structural Changes Unfolding in Vol Mkts?

The new SEBI announcement (15.10.2024) w.r.t to position limits will add to the structural changes unfolding in the Options Markets. Position...

AceGama Advisors

EQD / NSE Vol Update / Skew & Smile Unmoved by Equity Selloff - Options Market Ill-Prepared for More

Options Markets see increased IV-levels post China-induced equities selloff. But market left ill-prepared for further downside as Smile & Skew...

AceGama Advisors

EQD | Is the NIFTY A BUY Here?

The NIFTY Index closed the week down, now the question is: IS THIS A GOOD TIME TO (RE)ENTER LONG? As always, the Market Reversal Matrix models...

Nico Rosti

EQD / NSE Vol Update / Vols Bogged Down by Holiday Shortened Week in Spite of Upcoming Event Risks

Release of SEBI Board meeting (30.09.2024) for upheaval of the Options Market. Implications to Market Structure are massive. A few projections -...

AceGama Advisors

Event Driven: Special Call Auction in Indian Holding Companies

​BSE & NSE to hold special call auction on Oct 28, 2024 for Investment Holding Companies, 8-9 eligible, 3 with over 100% upside potential.

Nimish Maheshwari

EQD / NSE Vol Update / ++Vol-Of-Vol & Unstable Vol-Regime. Structural Changes Unfolding in Vol Mkts?

The new SEBI announcement (15.10.2024) w.r.t to position limits will add to the structural changes unfolding in the Options Markets. Position...

AceGama Advisors

EQD / NSE Vol Update / Skew & Smile Unmoved by Equity Selloff - Options Market Ill-Prepared for More

​Options Markets see increased IV-levels post China-induced equities selloff. But market left ill-prepared for further downside as Smile & Skew...

AceGama Advisors

EQD | Is the NIFTY A BUY Here?

​The NIFTY Index closed the week down, now the question is: IS THIS A GOOD TIME TO (RE)ENTER LONG? As always, the Market Reversal Matrix models...

Nico Rosti

EQD / NSE Vol Update / Vols Bogged Down by Holiday Shortened Week in Spite of Upcoming Event Risks

Release of SEBI Board meeting (30.09.2024) for upheaval of the Options Market. Implications to Market Structure are massive. A few projections -...

AceGama Advisors

BSE & NSE to hold special call auction on Oct 28, 2024 for Investment Holding Companies, 8-9 eligible, 3 with over 100% upside potential.

Options Markets see increased IV-levels post China-induced equities selloff. But market left ill-prepared for further downside as Smile & Skew...

The NIFTY Index closed the week down, now the question is: IS THIS A GOOD TIME TO (RE)ENTER LONG? As always, the Market Reversal Matrix models...