EP25: Positive Start, GST Reforms, Long Gamma Bias | 18th August (Monday)

A very good morning and welcome to Trade Setup with Tanmay — your 5-minute audio podcast before the chaos begins.

As of this morning, GIFT Nifty is trading at 24,924, up nearly 270 points, indicating a positive start to the week.

Key Market Drivers

• GST Reform Impact: The recent next-gen reforms in GST, with tax rate changes, could influence individual stocks and entire sectors. This will be the key theme to watch.
• Global Cues:
  • Nikkei: +361 pts (43,740)
  • Taiwan: +86 pts (0.36%)
  • Shanghai: +0.58%
  • On the weaker side: Kospi (-1.2%), Strait (-0.66%), Jakarta (-0.4%)→ Overall, Asia is trading mixed.

  Commodities & Currency:

  • C ...