Sensex options volumes soar to record highs as oil boils
NSE is in focus.
· LiveMint Markets
The Sensex plunged to a 52-week low last month before staging a recovery in a roller-coaster ride that drove options turnover to a record. NSE, too, saw index options volumes rise to multi-month highs.
The analysis
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Why it matters
- With NSE, BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- A market-wide development: it reaches beyond any single stock.