External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Multi Commodity Exchange India / Equity Bottom-Up

<ul><li>MCX growth has been driven by a surge in options volume but uncertainty around the technology shift timeline remains the key overhang</li><li>Options ADTV has increased ~2.7x YoY and is currently &gt;INR 500bn (~2.4x of futures)</li><li>The first phase of growth in options was led by a surge in traded UCCs and higher volatility in energy contracts (~85% of volume), while the next phase will be driven by bullion and the launch of new contracts (mini and index options)</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

MCX growth has been driven by a surge in options volume but uncertainty around the technology shift timeline remains the key overhangOptions ADTV has increased ~2.7x YoY and is currently &gt;INR 500bn (~2.4x of futures)The first phase of growth in options was led by a surge in traded UCCs and higher volatility in energy contracts (~85% of volume), while the next phase will be driven by bullion and the launch of new contracts (mini and index options)Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Multi Commodity Exchange - Options Drive, Tech Drags. Maintain BUY