Options market sees big flip before West Asia peace deal (opens original article in a new tab)

The Indian options market showed bullish sentiment before the West Asia peace deal, with a shift in put and call activity, but analysts remain cautious about the deal's sustainability and other economic factors.

• Options market showed bullish activity with more puts sold than calls before West Asia peace deal announcement.
• Analysts remain cautious due to previous peace deal hitches, weak monsoon forecast, and missed AI trade opportunities.
• Nifty rose 3% over two days but closed below 24000, indicating market apprehension about deal durability.