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Expert Advice: Tata Steel, Bank Nifty Option Tips

Tata Steel slumps 4%, the company is continuing in discussion to sell its loss-making long product unit in Europe. A similar discussion with Geneva-based Klesh group failed. The company on Tuesday reported a two-fold jump in its consolidated net profit at Rs 763 crore for the June quarter. The share is trading at 239.10 down 4%, touched 52-week low level. 237.25. The stock trend is bearish, August future derivative is trading at 241.10, with a decline of 3.54%. The Call Option derivative is trading near 8.80 declined 34.46% and Put Option derivative is trading near 8.10, up 82.02% for strik...
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