Please note that all ITM & ATM NATURALGAS and NATGASMINI option contracts expiring today, 24th March 2025, will be converted into futures contracts. You can create fresh positions only until 9 PM today. To avoid the square-off of your positions, please ensure you maintain sufficient margin for the futures contracts before 9 PM today.
Tag: options
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Singapore preps for 2025 hot season, weighs options of home-based learning, cool spaces for communities
Leafy green spaces like the Tampines Eco Garden provide relief from the hot and humid Singapore summer. Photo courtesy: Instagram/visit_singapore Planning for the 2025 hot season, following the 2024 burning summer across Asia, the authorities in Singapore are weighing the option of home-based learning, if it gets too hot for students to attend school.
In March last year, many Singapore schools had advised students to dress in physical education (PE) attire for an indefinite period of time, in view of the high temperatures, reported The Straits Times.
This year, Singapore schools could shift to partial or full home-based learning to counter the heat, said a CNA report. Moreover, air-conditioned spaces such as indoor sports halls would be open to the public, as a refuge from heat.
CNA said that these plans were announced by the interagency Mercury Task Force yesterday. This task force, formed in 2023, makes and implements plans to counter heatwaves in Singapore. Its members come from 37 government agencies, including the Ministry of Education (MOE), Ministry of Health, and the Ministry of Social and Family Development.
Since temperature and humidity can combine to create a lethal heatwave, Singapore — like many other nations around the world — takes into a variety of factors, using the Wet Bulb Globe Temperature (WBGT) indicator.
In case of a heatwave, the Singapore authorities could minimise outdoor activities between 11am and 4pm; relax the school dress; and repurpose air-conditioned spaces to give people relief.
“If the national posture is to adopt heightened measures, MOE will guide schools to go on either partial or full home-based learning so as to not disrupt students’ learning,” said the Mercury Task Force, as quoted by CNA.
Air-conditioned spaces distributed across neighbourhoods will provide relief to those who have no AC at home, or need a cooling break during their work day. “The plan is for these locations to be situated across or spread around Singapore so there is easy access to these facilities,” said the Mercury Task Force.
Definition of a heatwave in Singapore
In Singapore, the definition of a heatwave is three consecutive days with a highest daily temperature of 35 degree Celsius or more, and three consecutive days of an average daily temperature of 29 degree Celsius or more.
“Singapore has experienced six historical heatwave events, with the most recent one in 2016,” reported CNA.
March to May is generally the hottest period in Singapore, and the year 2024 saw high temperatures that rivalled those in 2019 and 2016. “There were 21 days of high heat stress, most occurring in March, April and May,” said CNA.
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CRUDEOIL & CRUDEOILM Monthly Options Expiry Trading Today
Please note that all ITM & ATM CrudeOil and CrudeOil Mini option contracts expiring today, 17th March 2025, will be converted into futures contracts. You can create fresh positions only until 9 PM today.
To avoid the square-off of your positions, please ensure you maintain sufficient margin for the futures contracts before 9 PM today.
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Revision in expiry dates of Zinc & Copper Options contracts expiring on 24 March 2025
Due to a trading holiday on 31 March 2025 (Eid-Ul-Fitr), the expiry dates for Zinc and Copper Options contracts have been revised.
Zinc Options expiry date revised to Fri, 21 Mar ’25 from Mon, 24 Mar ’25.
Copper Options expiry date revised to Fri, 21 Mar ’25 from Mon, 24 Mar ’25.Note: The Market Watch Screen will continue to show 24 Mar ’25 as the expiry date, but trading will end on 21 Mar ’25.
To learn more, refer to the MCX circular.
Please refer to the table to check the revised expiry dates for Futures & Options contracts:
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Top 4 EV Options for Indian Middle Class; Know Key Details
The Indian automotive market is witnessing euphoria as companies are investing heavily in bringing electric vehicles (EVs) to the customers. The middle class in the country now have plenty of options to choose from. Recently, Hyundai announced the launch of its electric version of Creta at the Bharat Mobility Global Expo 2025. It will take on MG Windsor EV and Tata Curve EV, which have already established their brand presence in the market. Creta EV will also give tough competition to Maruti Suzuki’s highly-awaited Vitara Electric SUV. So, let’s have a detailed look at the aforementioned EVs and analyse the best ones in terms of range.
Hyundai Creta EV vs MG Windsor EV
Hyundai Creta EV features two battery options. The small battery option of 42kWh of Creta is larger than MG Windsor EV’s 38 kWh battery. Priced at ₹9.99 lakh (ex-showroom), the Windsor EV is the best-selling EV in the country offering a range of 332 km on a single charge. It can be charged from 0-80% via a DC charger. As compared to Windsor EV, Creta EV offers a range of 390 km with a smaller battery. Creta EV can be recharged from 0-80% via a DC charger in just 58 minutes.
Hyundai Creta EV vs Maruti Suzuki Vitara
Creta EV will closely compete with Tata Curve EV in the Indian market. Featuring a battery size of 42 kWh, Creta EV has a larger unit of 51.4 kWh. On a single charge, it’s expected to have a range of 473 km. Curvy EV features a battery range between 430 km to 502 km.
Top 4 EV Options for Indian Middle Class; Know Key Details
Hyundai Creta EV is expected to take on Maruti Suzuki Vitara on the Indian roads. Maruti Suzuki’s first electric EV will feature two battery options of 49 kWh and 61 kWh, while giving out a range of 500 km on a single charge. Maruti Suzuki Vitara will be unveiled during India Mobility Expo 2025 this month.
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Adjustment of Futures & Options contracts in ITC Limited
ITC Limited has declared to the Exchange the issuance and allotment of 1 equity share of ITC Hotels for every 10 equity shares of ITC Limited held by existing shareholders. The record date to determine which shareholders will be eligible for this is 6 January 2025.
Due to this corporate action, keep in mind the following impact on your F&O contracts
1. All existing contracts in the underlying ITC with expiry dates of 30 January, 27 February, and 27 March shall expire on 3 January 2025 and shall be physically settled as per the Exchange rules
2. The methodology of settlement shall be separately intimated by respective Clearing
Corporations.3. To take physical delivery of shares for your ITC position (or to cover a short position), you need to maintain the contract’s full value by the end of 2 January 2025.
4. No fresh position will be allowed under the F&O segment in ITC from 2 January 2025
5. ITC positions with insufficient fund value or stock (in case of a short position) will be squared off anytime after 10 AM on 3 January 2025 on a best-effort basis
6. Collateral Margins (Margin Pledge) on ITC will be subject to a 50% haircut value from 3 January 2025, onwards
7. All MTF positions in ITC will be either squared off or converted to delivery, based on the availability of funds post 10 AM on 3 January 2025 on a best effort basis
8. Derivatives contracts on ITC shall be introduced again (with an expiry of 30 January 2025, 27 February 2025 and 27 March 2025) from 6 January 2025 onwards
You can also refer to the circular here.
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Adjustment of Futures & Options Contracts for RELIANCE
RELIANCE Industries Limited has announced a bonus issue of 1:1. This means the shareholders will receive 1 additional share for every share they own. The record date for this adjustment is 28 October 2024.
Due to this corporate action, please note the following impacts on your F&O contracts:
1. Contract Adjustments: All existing RELIANCE F&O contracts will be adjusted based on a bonus adjustment factor of 22. Futures Contracts:
– The adjusted base price will be calculated by dividing the settlement price one day before the ex-date by the adjustment factor
– The new lot size will be 500 (previously 250)
– For example: If RELIANCE OCT Futures close at ₹3000 on 25 October 2024, the adjusted price on the ex-date will be ₹1500 (calculated as ₹3000 divided by 2). To keep the overall contract value the same, the new lot size will be 500 shares.3. Options Contracts:
– The adjusted strike price will be calculated by dividing the old strike price by the adjustment factor
– The new lot size will also be 500 (previously 250).4. Bonus Shares: If you hold RELIANCE shares in your DEMAT account as of 28 October 2024, you will receive bonus shares. These will be credited to your account within 15–20 days from the record date.
5. Margin Pledge: Until you get your bonus shares, the value of your margin pledge might drop because the stock price has changed. This could result in a margin shortage, so make sure to take care of any shortfalls.
You can also refer to the circular here
Thank you for your attention!
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53% Affordable Housing Buyers Unhappy with Available Options – Anarock-Ficci Survey
Hyderabad: Demand for affordable homes has nosedived since Covid-19, initially because this segment’s target clientele was financially impacted by the pandemic. However, the Anarock-Ficci Homebuyer Sentiment Survey – H1 2024 has identified other pain points. At least 53 per cent homebuyers are dissatisfied with the currently available options in this vital segment across cities.
Anuj Puri, Chairman – Anarock Group, says, “The top three reasons why prospective affordable homebuyers’ disenchantment with the currently available affordable housing supply are bad project location accessibility, questionable construction quality and poor design, and constricted unit sizes. Of the dissatisfied affordable home seekers polled in our survey, a whopping 92 per cent respondents identify project location as the biggest grouse, while 84 per cent state low construction quality and inferior design elements as major deterrents. 68 per cent respondents find the available unit sizes too small to be attractive.”
Declining demand for affordable housing has had a cascading impact on its supply in the last one year. Anarock data highlights the shrinking supply of affordable housing in major cities, dropping from 26 per cent of total launches in 2021 to just 17 per cent by 9M 2024. Prior to the pandemic in 2019, affordable homes made up 40 per cent of new projects.
“Bigger homes continue to dominate buyer preferences despite spiralling prices in the last one year,” says Puri. “Over 51 per cent of the current survey respondents prefer 3BHK units and just 39 per cent will settle for 2BHK options. City-wise analysis indicates that the demand for 3BHKs is particularly high in Chennai, Hyderabad, Delhi-NCR, and Bengaluru, where over 50 per cent respondents prefer it over other flat sizes. Conversely, over 40 per cent participants in Kolkata, MMR and Pune name 2BHKs as their preferred option.”
Patience is the New Black
In terms of preferred stages of construction, the H1 2024 survey shows a significant trend reversal. The demand ratio of ready-to-move-in homes to new launches now stands at 20:25. In H1 2020, the RTM-to-new launches demand ratio was 46:18. One major reason for this shift is that most homebuyers favour projects by large and listed developers, who they are confident will deliver their homes on time.
Another key highlight of the H1 2024 survey is that at least 57 per cent residential real estate investors are focused on steady rental income. This is far from surprising, since there has been a remarkable surge in rental rates across cities in the last two years (over 70 per cent in prominent micro markets). Rental earning potential has therefore taken centre-stage as an investment motivator.
While interest in the currently available affordable housing supply continues to decline, premium and luxury homes continue to dominate demand – at least 45 per cent survey respondents now prefer homes priced >Rs 90 lakh. In the survey’s pre-Covid 2019 edition, just 27 per cent respondents were interested in properties in or above this price bracket.
The Plot Thickens
The latest survey also identifies a growing preference for residential plots, which 20 per cent of property seekers name as desirable options across cities. City-wise data highlights that this preference is most pronounced in the major Southern cities – 30 per cent buyers in Chennai prefer it, 29 per cent in Bengaluru, and 27 per cent in Hyderabad. Several large and branded developers have launched residential plot projects in these cities over the last few years and continue to find ready takers.
Villas and row houses are also markedly in demand in these southern cities. Contrastingly, more than 70 per cent survey participants in MMR, NCR and Pune prefer apartments.
Other Survey Highlights
Real estate is the most preferred asset class for investment for over 59 per cent respondents, up 2 per cent against the previous survey
• 66 per cent millennials & 42 per cent Gen-X respondents will use their investment gains for purchasing a home in the future
• Over 67 per cent buyers seeking property for end-use vs 64 per cent in H2 2023 survey
• Top homebuyer demands today include timely project completion assurance, construction quality improvement/assurance, and well-ventilated homes
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Adjustment of Futures & Options contracts in IDFC Limited
IDFC Limited (IDFC) has declared to the Exchange the issuance and allotment of 155 equity share for every 100 equity shares of IDFC Limited held by existing shareholders. The record date to determine shareholders who will be applicable for this is 10 October 2024.
Due to this corporate action, keep in mind the following impact on your F&O contracts
– All existing contracts in the underlying IDFC with expiry dates 31 Oct, 28 Nov, and 26 Dec shall expire on 9 Oct 2024 and shall be physically settled as per the Exchange rules
– To take physical delivery of shares for your IDFC position (or to cover a short position), you need to maintain the full value of the contract.
– No fresh position will be allowed under the F&O segment in IDFC from 8 Oct 2024
– All positions in the existing futures and options contracts on the underlying IDFC shall cease to exist according to the final settlement on 9 Oct 2024
– IDFC positions with insufficient fund value or stock (in case of a short position) will be squared off anytime after 10 AM on 9 October 2024 on a best-effort basis
– Collateral Margins (Margin Pledge) on IDFC will be subject to a 100% haircut value from 7 Oct 2024, onwards
– All MTF positions in IDFC will be either squared off or converted to delivery, based on the availability of funds on 9 Oct 2024 -
Dyson OnTrac impresses with two-week battery life, solid ANC, 2000+ customisable options [details]
L-R : Jake Dyson, Chief Engineer, Dyson; Badshah, music icon; Shai, Singer- Songwriter and Ankit Jain, Managing Director, Dyson India, unveiled the Dyson OnTrac headphones in IndiaDyson Dyson, the British technology company, has unveiled its first high-fidelity, audio-only headphones, the Dyson OnTrac, in India. The event was held in New Delhi on Monday, further expanding the brand’s product portfolio beyond consumer home products. Jake Dyson, Chief Engineer at Dyson, and India’s Dyson OnTrac headphones Ambassador, Badshah, attended the event alongside singer and songwriter Shai, and Ankit Jain, Dyson India’s Managing Director.
Dyson OnTrac headphones is the second audio product in the company’s portfolio after Dyson Zone. It promises to deliver high-quality audio, design, and style with best-in-class noise cancellation, reducing external noise up to 40 decibels. For this, Dyson developed a custom Active Noise Cancellation (ANC) algorithm that uses eight microphones to sample external sound 384,000 times per second. This feature, combined with superior materials and carefully designed internal geometry, creates an optimal listening environment for the user.
The headphones also boast an enhanced sound range, reproducing frequencies from as low as 6Hz to as high as 21,000Hz. This wide range ensures detailed audio with precision, deep sub-bass and clear highs at the upper end of the frequency range. Another interesting feature is that the speaker housing is tilted 13˚ towards the ear for a more direct audio response.
Dyson OnTrac headphones launched in IndiaDyson One of the standout features of the Dyson OnTrac headphones is the impressive battery life. With up to 55 hours of listening time, even with ANC enabled, the headphones can provide up to two weeks of use on a single charge. The two high-capacity lithium-ion battery cells are suspended in the headband for more even weight distribution.
Dyson OnTrac is certified by US Ergonomics for comfort and acoustics with precision. High-grade foam cushions and multi-pivot gimbal arms relieve ear pressure, while battery positioning in the headband evenly distributes weight. Soft micro-suede ear cushions and optimized clamp force provide a consistent fit across diverse head sizes.
Customizable design
Dyson OnTrac headphones offer over 2,000 customizable color combinations for outer caps and ear cushions. The outer caps feature high-grade aluminum construction for a lightweight, durable finish in a range of colors and finishes – ceramic or anodized.
Dyson OnTrac headphones launched in IndiaDyson The headphones can also be controlled by MyDyson app, which includes real-time soundtracking, alerting users to potentially harmful levels and more. The app also allows users to choose between three custom EQ modes: Bass Boost, Neutral, and Enhanced.
The Dyson OnTrac headphones are priced at Rs 44,900 and are available at Dyson.in and Dyson demo stores across India.