If you are one of the few who still haven't bought any puts on the Nifty, first congratulationsa re in store at your acuity of perception and second, this is the last day before they become too overpriced to make a spread or a plain old style slam dunk profit

Also if you are globally correlated on  Indian futures, the Giants won the Superbowl and that means great things for the US markets, believe me. If you don't check out the statistics. 

Markets have opened strong , for those waiting for the bait and switch, today is the finale when we start that mid session. Though we could do it any time this week, after all it is a responsible market with depth and breadth making it the most attractive globally and not just raw growth in property prices.