Daily BriefsIndia

Daily Brief India: Jindal Steel & Power and more

In today’s briefing:

  • Quiddity Leaderboard NIFTY Sep 23: Some Interesting Long-Short Trades

Quiddity Leaderboard NIFTY Sep 23: Some Interesting Long-Short Trades

By Janaghan Jeyakumar, CFA

  • In this insight, we take a look at the names leading the race to become ADDs/DELs for the NIFTY 50 and NIFTY 100 indices in the September 2023 rebalance.
  • The HDFC Limited (HDFC IN)HDFC Bank (HDFCB IN) merger could complete earlier than previously expected, triggering intra-review index replacements.
  • Separately, I have presented some interesting new trading ideas involving some of the index change candidates, and I discuss the status of pre-existing trade ideas.

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