Whalesbook
The Nifty 50 index is trading just 0.5% below its September 2024 record high, with options traders actively positioning for a new peak around 26,358 by November 25. Data shows significant selling of Nifty 26,100 call and put options, a strategy that profits if the index stays within a defined range. Experts suggest this indicates confidence in Nifty reaching new highs soon. However, many retail investors are reportedly experiencing portfolio losses, highlighting a disconnect between benchmark performance and broader market constituents.