[Nitin Bhatia]

India’s GDP Quarterly data for Q4 will be released on 29 May, 2020 (Friday) at 5:30 PM (IST). The consensus forecast is 2.1%. The Stock market will remain highly volatile and the market will react based on the actual v/s forecast. Stay cautious in the market.

[Nitin Bhatia]

So we may expect an opposite direction move against the actual move before the release of the GDP data? Any when NEWS when this restrictions on short selling gonna be removed?

[Nitin Bhatia]

It’s increased till 25 june

[Nitin Bhatia]

We expect movement of Market in Next Monday (1st June) onward or expected from this Tuesday onward due to leakage of data before actual number is declared??

[Nitin Bhatia]

Sir is LONG STRADDLE(buying both call and put ATM/near OTM) a good strategy before this type of news.Though IV will be high but what if someone takes the position say 1 week before the event?

[Nitin Bhatia]

No it will be in huge loss once the mrkt moves violently in either direction. Ce Pe at same price sell only works if mrkt is getting expired within some range of centre of action that too with slow movement.

[Nitin Bhatia]

Is it negative forecast sir ?

[Nitin Bhatia]

Short selling restrictions are extended till next month.

[Nitin Bhatia]

GDP : As per Investing it is 2.1%

There is also one more free site where economic indicators are available with consensus (~1.10 %)

 

[Nitin Bhatia]

A Reuters poll of 52 economists points to GDP growing at 2.1 per cent, its weakest in at least eight years.

 

[Nitin Bhatia]

Is the GDP number out for Q4 ?

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