As analysts cheered the quarterly earnings reports of the IT majors and the beginning of the vaccination drive in India, nervousness among traders was clearly visible last week as the fear index, India VIX, shot up 16 per cent to 24.01 in just five sessions.
Are traders trying to follow the strategy of ‘sell the news’ as the vaccination drive kicks off? Or are there other fear factors spooking the market? We find out this and more in today’s special podcast with independent market expert Rajiv Nagpal.
Listen in.
1) IT majors reported fantastic numbers last week. How much of the earnings growth is already priced in?
2) What is your reading of the Q3 numbers released so far? Recovery is on track?
3) Volatility index, India VIX, surged more than 16% last week. What could be the reasons behind the fear factor?
4) As the vaccine drive begins in India, do you think it can be a ‘Sell the news’ event for investors after the rally we have seen so far?
Thank you Mr Nagpal. That’s all in today’s special podcast but keep checking this space for more such interesting content. Good bye!