RIL falls on Bourses as it has decided to sale the shares worth $880 million worth at a discount of about 2.7% to its wednesday close. The implied volatality of Puts have plummeted down and are now almost at par with those of the calls in the Nifty. This is a sign of confidence. Technically the Market are on a roll. The new sector to have checked into bull Market is Hotels. They may stay this way for the season.
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