The benchmark indices were trading with good gains in late trade. Strong buying emerges from FMCG, oil & gas and IT stocks while realty and pharma stocks were trading weak.
Index heavy weight Reliance Industries surged nearly 3% post the oil ministry has submitted a proposal to the Empowered Group of Minister (EGOM) for fuel price hike. Stocks like Infosys, ICICI Bank, ITC and ONGC were also major mover.
At 2.46 hrs IST, the Sensex was up 170.73 points or 0.97% at 17721.36, and the Nifty was up 37.45 points or 0.71% at 5315.75.
About 1021 shares advanced, 1726 shares declined, and 905 shares remained unchanged.
Deven Choksey, Managing Director of KR Choksey Securities, said that the market may not see a sharp fall, it may try and adjust between 5175-5100 kinds of levels and then probably stage a very smart recovery from there.
Top gainers on the Sensex were Reliance Comm at Rs 90.75 up 3.48%, ITC at Rs 191.05 up 3.16%, Reliance at Rs 869.05 up 2.71%, HUL at Rs 317.35 up 1.75% and ONGC at Rs 264.80 up 1.46%.
Hindustan Lever was trading at Rs 317.35 up 1.75% from its previous close of Rs 311.90.
However, top losers on the Sensex were Cipla at Rs 316.20 down 1.85%, Maruti Suzuki at Rs 1,101.10 down 1.6%, Hindalco at Rs 165.90 down 1.07%, BHEL at Rs 1,905.50 down 0.84% and HDFC at Rs 639.50 down 0.63%.
Top percentage gainers on the BSE were Timbor Home, Vikas GlobalOne, Bodal Chemicals, GEE and C and C Const were up 9-15%.
Most active shares on NSE were Reliance, GTL, Titan Industries, ICICI Bank and Orchid Chemical.
Nifty erases some gains; BHEL, HDFC, Maruti slip
The 50-share NSE Nifty erased some gains due to profit booking post weak European opening. The sell-off in HDFC, BHEL, Bharti Airtel and Maruti Suzuki weighed on the market. Healthcare stocks like Sun Pharma, Ranbaxy Labs, Cipla and Dr Reddy's Labs tumbled 1-2%.
However, oil & gas, technology, financial and FMCG companies' shares were quite supportive though there was some profit taking at higher levels.
The benchmark Sensex gained 111 points at 17,662 and the Niftyrose 23 points to 5,301, after losing about half of gains from day's high.
The oil ministry has submitted a proposal to the Empowered Group of Minister (EGOM) for fuel price hike, according to the government sources. The ministry has proposed that customs duty on crude oil be scrapped along with the excise duty on diesel. The ministry has sought a Rs 4 hike on diesel, if duty stays. Similarly, Rs 150 hike in liquefied petroleum gas (LPG) and Rs 9 hike in kerosene would help the ailing oil and gas sector, says the oil ministry.
Reliance Industries, ONGC and ITC were the top leaders on Nifty, with gaining 2% each. Wipro, ICICI Bank, HUL, SAIL and Reliance Communications went up 1-1.5%.
TCS, Infosys, SBI, L&T, NTPC and Tata Motors too were on buyers' radar, with rising over 0.5%.
GTL, Lovable Lingerie, Timbor Home, Orchid Chemical, Reliance Industries, Tata Motors and ICICI Bank were the most active shares on BSE and NSE
Among midcap stocks, Jain Irrigation, Pipavav Shipyard, Allcargo Global, KGN Industries and Sadbhav Engg were up 3-7.5%.
However, GTL and GTL Infra were consistently on sellers' radar, with falling 17% & 12%, respectively. S Kumars Nationwide, Havells India, BGR Energy and SKS Microfinance lost 5-8%.
Among smallcaps, Claris Life, Bodal Chemicals, Jagatjit Inds, C and C Construction and Poly Medicure shot up 7-10% whereas Lovable Lingerie, Mcnally Bharat Engg, Zenith Infotech, ARSS Infra and Ratnamani Metal fell 6-10%.
On the global front, European markets were trading lower by more than 0.5%.
Sensex extends gain; RIL, ONGC, TCS, ICICI Bank lead
The benchmark Sensex added about 200 points in the afternoon trade, especially led by oil & gas post reports that oil ministry submitted proposal for fuel price revision. ONGC surged nearly 3%. Reliance Industries and BPCL gained over 2.5%. However, weak opening of European shares has put some pressure on our markets.
The 30-share BSE Sensex was trading at 17,740, up 189 points and the 50-share NSE Nifty gained 47 points at 5,325, though there was some profit booking at higher levels. However, European markets namely France's CAC, Germany's DAX and Britain's FTSE declined 0.7%.
There were reports from government sources that oil ministry is seeking scrapping custom duty on crude and excise duty on diesel in its proposal for EGoM meet. Even they asked for hike in diesel, cylinder and kerosene prices.
ITC too was the third leader after ONGC and RIL on the Nifty, with rising 2.6%. Wipro, HUL, SAIL and Reliance Communications were other top gainers, with gaining 2% each.
TCS, ICICI Bank, Infosys, SBI, NTPC, L&T, Bharti Airtel, Tata Motors, Sterlite Industries, HDFC Bank, DLF and Hero Honda were trading 0.5-1.5% higher.
However, BHEL, Maruti Suzuki, Axis Bank, Sesa Goa, Bajaj Auto, Power Grid and Ambuja Cements remained losers.
Healtcare companies' shares namely Sun Pharma, Ranbaxy Labs, Dr Reddy's Labs and Cipla fell 1-1.6%.
Lovable Lingerie, GTL, Orchid Chemical, Timbor Home, Reliance Industries, Tata Motors and ICICI Bank were the most active shares.
In the midcap space, Jain Irrigation, Pipavav Shipyard, Sadbhav Engg, KGN Industries and MVL jumped 3-6% while GTL, Havells India, SKS Microfinance, S Kumars Nationwide and India Cements lost 4-7%.
About 550 shares advanced as against 690 shares declined on National Stock Exchange.
Oil & gas, FMCG, IT, telecom push Nifty above 5300
After a consolidation since day before yesterday, the market has strengthened by crossing the 5300 mark on Nifty, supported by oil & gas, FMCG, telecom, technology, power and select banks stocks.
The 30-share BSE Sensex added 144 points to 17,694 and the 50-share NSE Nifty gained 34 points at 5,312.
Anil Manghnani of Modern Shares and Stockbrokers expects the market to bounce back and try to reach 5400 levels; may even try 5440. But post that, he expects the downward trend to resume.
Heavyweights Reliance Industries and ONGC from oil & gas space went up 2.4% & 1%, respectively. Shares of major banks - SBI and ICICI Bank rose about 1%.
Among other largecaps, ITC, TCS, Wipro, NTPC, Bharti Airtel, Infosys, Sterlite Industries, HUL, SAIL, DLF, Tata Motors and Reliance Communications gained 1-2%.
However, the sell-off continued in BHEL, Maruti Suzuki, Axis Bank, HDFC, IDFC and Bajaj Auto.
Healthcare stocks too were seeing selling pressure on profit booking. Sun Pharma, Dr Reddy's Labs, Ranbaxy Labs and Cipla were down 1-1.5%.
Among midcaps, Pipavav Shipyard, Jain Irrigation, Sadbhav Engg, MVL and Century Textiles shot up 3-6% whereas SKS Microfinance, Havells India, GTL, India Cements and Vardhman Textilise fell 4-5%.
In the smallcap space, C and C Construction, Jagatjit Industries, Poly Medicure, Rossell India and Genesys International rallied 5-8%. However, Lovable Lingerie, Ratnamani Metal, Aditya Birla Chemical, Seshasayee Paper and Jamna Auto lost 5-10%.
Sensex consolidates; RIL, NTPC, Wipro, Bharti support
Volatile trade has been continued for the third consecutive day today, especially after a fall in previous four sessions to four-month low. The Nifty too has been consolidating in a narrow range of 5250-5300 since Tuesday.
Experts feel that there would be breakdown, citing gloomy picture across the globe and one more round of rate hike from RBI.
Nilesh Shah, Managing Director and CEO of Envision Capital feels that valuations of Indian equities have become attractive; however, investor mood is still pessimistic. “The Nifty may break its 5,200 lows if Reserve Bank of India (RBI) continues to raise policy rates,” he said.
The 30-share BSE Sensex was trading at 17,584, up 34 points and the 50-share NSE Nifty went up just 5 points to 5,282. However, broader indices continued to reel under selling pressure, with falling 0.5%.
Heavyweights Reliance Industries, NTPC and Wipro were leading the markets higher. Bharti Airtel, ITC, SBI, HUL, ONGC, DLF and ICICI Bank too were on buyers' radar, with gaining 0.3-0.9%.
Anil Dhirubhai Ambani Group companies' shares namely Reliance Communications, Reliance Infrastructure and Reliance Capital gained 1-2%.
However, consistent selling in healthcare, cement and select metal stocks has limited the upside. BHEL, HDFC, TCS, L&T and HDFC Bank too were putting pressure on the market.
Most active shares on exchanges were GTL, Titan Industries, Orchid Chemical, Infosys, Timbor Home, Reliance Industries and SBI.
Among midcaps, Pipavav, KGN Industries, MVL, Jain Irrigation and Core Projects rallied 2-6% while Orchid Chemical, S Kumars Nation, Havells India, SKS Microfinance and Hindustan National Glass fell 4-8%.
Nifty trades with moderate loss amid volatility
A cut in GDP forecast by Federal Reserve did not go well with the Indian Equity market. On Thursday, Nifty slipped from yesterday's closing level and appeared volatile in the 5250-5300 trading range.
Bears have crowded the market place and some feel the worst is yet to come. Gautam Shah of JM Financial feels the market is preparing for a breakdown as it won't be easy to sustain 5200.
Among frontliners, Reliance Infrastructure, IDFC, ONGC, Maruti Suzuki, Hero Honda, Jaiprakash Associates, Ambuja Cements, ACC, SAIL, Sterlite Industries, Hindalco, BHEL, Ranbaxy Labs, Cipla and Suzlon Energy were on sellers' radar.
However, Reliance Industries, NTPC, Cairn India, ITC and TCS were supporting the market.
At 9:20 hours IST, the 50-share NSE Nifty slipped 15 points to 5,263 and the 30-share BSE Sensexlost 33 points to 17,517.
The CNX Midcap was trading at 7,602, down 29 points and the Nifty Junior fell 45 points to 10,703.
Market breadth remains in favour of declines - about 259 shares advanced as against 473 shares declined on National Stock Exchange.
Midcap & Smallcap space:
Asian markets were trading lower today. Hang Seng, Nikkei, Kospi and Taiwan declined 0.2-0.7%. However, Shanghai was up 0.2%.
The US equity market fell in the final hour of trading on Wednesday after Fed cuts GDP forecast and offers no QE3 signal. Even there was no update from Europe.
Federal Reserve Chairman Ben Bernanke acknowledged that the pace of the economic recovery is slower than expected.
The Dow Jones Industrial Average closed down 80 points at 12,110. NASDAQ Composite was down 18 points at 2,669 and S&P 500 index fell 8.4 points at 1,287.
FOMC
Fed cuts GDP forecast for 2011, to range from 2.7% to 2.9%, down from the range of 3.1% to 3.3% that was announced in April
Fed raises 2011 inflation estimates; expected to range from 1.5% to 1.8%, up from the range of 1.3% of 1.6% that had been forecasted before
FOMC leaves target rates unchanged between 0.00% to 0.25%, anticipates exceptionally low rate levels for an extended period
Plans to complete its purchase of USD 600 billion of longer-term Treasuries by the end of this month
Commodities
Crude oil prices went up 1.3% at USD 95.41/barrel
Natural gas was down 1.6% at USD 4.302 per MMBtu
Gold rose 0.5% at USD 1553.5/ounce
Silver gained 0.9% at USD 36.7/ounce
Sugar was down 1% while Cotton rose 5%
F&O cues:
Total Futures Open Int added Rs 787 cr, Total Options Open Int was up Rs 2142 cr
Total stock futures OI add 1.40cr shares in OI
Nifty futures OI add 7.72 lakh shares in OI, premium at 4.95pts vs premium at 2pts
Nifty Open Int PCR at 1.02 vs 0.98
Total Put add 31.74 lakh shares, call add 7.69 lakh shares
Highest OI outstanding at 5200 put, 5600 call and 5500 call
Nifty July 5000 put adds 9.64 lakh (63%) shares in Open Int
Nifty 5400 call adds 6.5 lakh (10%) shares in Open Int
Nifty 5200 put adds 5.4 lakh (7%) shares in Open Int – has added 14.7lkh shares in last 2 sessions
Nifty 5100 put adds 4.5 lakh (6%) shares in Open Int
Nifty 5000 put adds 3.07 lakh (4%) shares in Open Int
Nifty 5400 put sheds 4.82 lakh (10%) shares in Open Int – has shed 9.5lkh shares in last 2 sessions
Nifty 5800 call sheds 3.15 lakh (6%) shares in Open Int
Nifty 5600 call sheds 3.13 lakh (4%) shares in Open Int
Nifty 5500 call sheds 2.94 lakh (3%) shares in Open Int
Nifty 5700 call sheds 2.91 lakh (5%) shares in Open Int
India VIX down 1.97% at 20.89
Kingfisher Airline in F&O ban
Index heavy weight Reliance Industries surged nearly 3% post the oil ministry has submitted a proposal to the Empowered Group of Minister (EGOM) for fuel price hike. Stocks like Infosys, ICICI Bank, ITC and ONGC were also major mover.
At 2.46 hrs IST, the Sensex was up 170.73 points or 0.97% at 17721.36, and the Nifty was up 37.45 points or 0.71% at 5315.75.
About 1021 shares advanced, 1726 shares declined, and 905 shares remained unchanged.
Deven Choksey, Managing Director of KR Choksey Securities, said that the market may not see a sharp fall, it may try and adjust between 5175-5100 kinds of levels and then probably stage a very smart recovery from there.
Top gainers on the Sensex were Reliance Comm at Rs 90.75 up 3.48%, ITC at Rs 191.05 up 3.16%, Reliance at Rs 869.05 up 2.71%, HUL at Rs 317.35 up 1.75% and ONGC at Rs 264.80 up 1.46%.
Hindustan Lever was trading at Rs 317.35 up 1.75% from its previous close of Rs 311.90.
However, top losers on the Sensex were Cipla at Rs 316.20 down 1.85%, Maruti Suzuki at Rs 1,101.10 down 1.6%, Hindalco at Rs 165.90 down 1.07%, BHEL at Rs 1,905.50 down 0.84% and HDFC at Rs 639.50 down 0.63%.
Top percentage gainers on the BSE were Timbor Home, Vikas GlobalOne, Bodal Chemicals, GEE and C and C Const were up 9-15%.
Most active shares on NSE were Reliance, GTL, Titan Industries, ICICI Bank and Orchid Chemical.
Nifty erases some gains; BHEL, HDFC, Maruti slip
The 50-share NSE Nifty erased some gains due to profit booking post weak European opening. The sell-off in HDFC, BHEL, Bharti Airtel and Maruti Suzuki weighed on the market. Healthcare stocks like Sun Pharma, Ranbaxy Labs, Cipla and Dr Reddy's Labs tumbled 1-2%.
However, oil & gas, technology, financial and FMCG companies' shares were quite supportive though there was some profit taking at higher levels.
The benchmark Sensex gained 111 points at 17,662 and the Niftyrose 23 points to 5,301, after losing about half of gains from day's high.
The oil ministry has submitted a proposal to the Empowered Group of Minister (EGOM) for fuel price hike, according to the government sources. The ministry has proposed that customs duty on crude oil be scrapped along with the excise duty on diesel. The ministry has sought a Rs 4 hike on diesel, if duty stays. Similarly, Rs 150 hike in liquefied petroleum gas (LPG) and Rs 9 hike in kerosene would help the ailing oil and gas sector, says the oil ministry.
Reliance Industries, ONGC and ITC were the top leaders on Nifty, with gaining 2% each. Wipro, ICICI Bank, HUL, SAIL and Reliance Communications went up 1-1.5%.
TCS, Infosys, SBI, L&T, NTPC and Tata Motors too were on buyers' radar, with rising over 0.5%.
GTL, Lovable Lingerie, Timbor Home, Orchid Chemical, Reliance Industries, Tata Motors and ICICI Bank were the most active shares on BSE and NSE
Among midcap stocks, Jain Irrigation, Pipavav Shipyard, Allcargo Global, KGN Industries and Sadbhav Engg were up 3-7.5%.
However, GTL and GTL Infra were consistently on sellers' radar, with falling 17% & 12%, respectively. S Kumars Nationwide, Havells India, BGR Energy and SKS Microfinance lost 5-8%.
Among smallcaps, Claris Life, Bodal Chemicals, Jagatjit Inds, C and C Construction and Poly Medicure shot up 7-10% whereas Lovable Lingerie, Mcnally Bharat Engg, Zenith Infotech, ARSS Infra and Ratnamani Metal fell 6-10%.
On the global front, European markets were trading lower by more than 0.5%.
Sensex extends gain; RIL, ONGC, TCS, ICICI Bank lead
The benchmark Sensex added about 200 points in the afternoon trade, especially led by oil & gas post reports that oil ministry submitted proposal for fuel price revision. ONGC surged nearly 3%. Reliance Industries and BPCL gained over 2.5%. However, weak opening of European shares has put some pressure on our markets.
The 30-share BSE Sensex was trading at 17,740, up 189 points and the 50-share NSE Nifty gained 47 points at 5,325, though there was some profit booking at higher levels. However, European markets namely France's CAC, Germany's DAX and Britain's FTSE declined 0.7%.
There were reports from government sources that oil ministry is seeking scrapping custom duty on crude and excise duty on diesel in its proposal for EGoM meet. Even they asked for hike in diesel, cylinder and kerosene prices.
ITC too was the third leader after ONGC and RIL on the Nifty, with rising 2.6%. Wipro, HUL, SAIL and Reliance Communications were other top gainers, with gaining 2% each.
TCS, ICICI Bank, Infosys, SBI, NTPC, L&T, Bharti Airtel, Tata Motors, Sterlite Industries, HDFC Bank, DLF and Hero Honda were trading 0.5-1.5% higher.
However, BHEL, Maruti Suzuki, Axis Bank, Sesa Goa, Bajaj Auto, Power Grid and Ambuja Cements remained losers.
Healtcare companies' shares namely Sun Pharma, Ranbaxy Labs, Dr Reddy's Labs and Cipla fell 1-1.6%.
Lovable Lingerie, GTL, Orchid Chemical, Timbor Home, Reliance Industries, Tata Motors and ICICI Bank were the most active shares.
In the midcap space, Jain Irrigation, Pipavav Shipyard, Sadbhav Engg, KGN Industries and MVL jumped 3-6% while GTL, Havells India, SKS Microfinance, S Kumars Nationwide and India Cements lost 4-7%.
About 550 shares advanced as against 690 shares declined on National Stock Exchange.
Oil & gas, FMCG, IT, telecom push Nifty above 5300
After a consolidation since day before yesterday, the market has strengthened by crossing the 5300 mark on Nifty, supported by oil & gas, FMCG, telecom, technology, power and select banks stocks.
The 30-share BSE Sensex added 144 points to 17,694 and the 50-share NSE Nifty gained 34 points at 5,312.
Anil Manghnani of Modern Shares and Stockbrokers expects the market to bounce back and try to reach 5400 levels; may even try 5440. But post that, he expects the downward trend to resume.
Heavyweights Reliance Industries and ONGC from oil & gas space went up 2.4% & 1%, respectively. Shares of major banks - SBI and ICICI Bank rose about 1%.
Among other largecaps, ITC, TCS, Wipro, NTPC, Bharti Airtel, Infosys, Sterlite Industries, HUL, SAIL, DLF, Tata Motors and Reliance Communications gained 1-2%.
However, the sell-off continued in BHEL, Maruti Suzuki, Axis Bank, HDFC, IDFC and Bajaj Auto.
Healthcare stocks too were seeing selling pressure on profit booking. Sun Pharma, Dr Reddy's Labs, Ranbaxy Labs and Cipla were down 1-1.5%.
Among midcaps, Pipavav Shipyard, Jain Irrigation, Sadbhav Engg, MVL and Century Textiles shot up 3-6% whereas SKS Microfinance, Havells India, GTL, India Cements and Vardhman Textilise fell 4-5%.
In the smallcap space, C and C Construction, Jagatjit Industries, Poly Medicure, Rossell India and Genesys International rallied 5-8%. However, Lovable Lingerie, Ratnamani Metal, Aditya Birla Chemical, Seshasayee Paper and Jamna Auto lost 5-10%.
Sensex consolidates; RIL, NTPC, Wipro, Bharti support
Volatile trade has been continued for the third consecutive day today, especially after a fall in previous four sessions to four-month low. The Nifty too has been consolidating in a narrow range of 5250-5300 since Tuesday.
Experts feel that there would be breakdown, citing gloomy picture across the globe and one more round of rate hike from RBI.
Nilesh Shah, Managing Director and CEO of Envision Capital feels that valuations of Indian equities have become attractive; however, investor mood is still pessimistic. “The Nifty may break its 5,200 lows if Reserve Bank of India (RBI) continues to raise policy rates,” he said.
The 30-share BSE Sensex was trading at 17,584, up 34 points and the 50-share NSE Nifty went up just 5 points to 5,282. However, broader indices continued to reel under selling pressure, with falling 0.5%.
Heavyweights Reliance Industries, NTPC and Wipro were leading the markets higher. Bharti Airtel, ITC, SBI, HUL, ONGC, DLF and ICICI Bank too were on buyers' radar, with gaining 0.3-0.9%.
However, consistent selling in healthcare, cement and select metal stocks has limited the upside. BHEL, HDFC, TCS, L&T and HDFC Bank too were putting pressure on the market.
Most active shares on exchanges were GTL, Titan Industries, Orchid Chemical, Infosys, Timbor Home, Reliance Industries and SBI.
Among midcaps, Pipavav, KGN Industries, MVL, Jain Irrigation and Core Projects rallied 2-6% while Orchid Chemical, S Kumars Nation, Havells India, SKS Microfinance and Hindustan National Glass fell 4-8%.
Nifty trades with moderate loss amid volatility
A cut in GDP forecast by Federal Reserve did not go well with the Indian Equity market. On Thursday, Nifty slipped from yesterday's closing level and appeared volatile in the 5250-5300 trading range.
Bears have crowded the market place and some feel the worst is yet to come. Gautam Shah of JM Financial feels the market is preparing for a breakdown as it won't be easy to sustain 5200.
Among frontliners, Reliance Infrastructure, IDFC, ONGC, Maruti Suzuki, Hero Honda, Jaiprakash Associates, Ambuja Cements, ACC, SAIL, Sterlite Industries, Hindalco, BHEL, Ranbaxy Labs, Cipla and Suzlon Energy were on sellers' radar.
However, Reliance Industries, NTPC, Cairn India, ITC and TCS were supporting the market.
At 9:20 hours IST, the 50-share NSE Nifty slipped 15 points to 5,263 and the 30-share BSE Sensexlost 33 points to 17,517.
The CNX Midcap was trading at 7,602, down 29 points and the Nifty Junior fell 45 points to 10,703.
Market breadth remains in favour of declines - about 259 shares advanced as against 473 shares declined on National Stock Exchange.
Midcap & Smallcap space:
- Titan Industries trades ex-bonus (1:1) and ex-split (from Rs 10 to Re 1).
- From the sugar space, Shree Renuka, Bajaj Hindusthan and Balrampur Chini were up 0.5-1%.
- Redington rallied 4% as there were reports that Standard Chartered PE & BlackStone are eyeing stake in the company.
- Alok Industries and S Kumars fell 1%. Unitech, RCF, HMT and Lanco Infratech were down 1-2%.
Asian markets were trading lower today. Hang Seng, Nikkei, Kospi and Taiwan declined 0.2-0.7%. However, Shanghai was up 0.2%.
The US equity market fell in the final hour of trading on Wednesday after Fed cuts GDP forecast and offers no QE3 signal. Even there was no update from Europe.
Federal Reserve Chairman Ben Bernanke acknowledged that the pace of the economic recovery is slower than expected.
The Dow Jones Industrial Average closed down 80 points at 12,110. NASDAQ Composite was down 18 points at 2,669 and S&P 500 index fell 8.4 points at 1,287.
FOMC
Fed cuts GDP forecast for 2011, to range from 2.7% to 2.9%, down from the range of 3.1% to 3.3% that was announced in April
Fed raises 2011 inflation estimates; expected to range from 1.5% to 1.8%, up from the range of 1.3% of 1.6% that had been forecasted before
FOMC leaves target rates unchanged between 0.00% to 0.25%, anticipates exceptionally low rate levels for an extended period
Plans to complete its purchase of USD 600 billion of longer-term Treasuries by the end of this month
Commodities
Crude oil prices went up 1.3% at USD 95.41/barrel
Natural gas was down 1.6% at USD 4.302 per MMBtu
Gold rose 0.5% at USD 1553.5/ounce
Silver gained 0.9% at USD 36.7/ounce
Sugar was down 1% while Cotton rose 5%
F&O cues:
Total Futures Open Int added Rs 787 cr, Total Options Open Int was up Rs 2142 cr
Total stock futures OI add 1.40cr shares in OI
Nifty futures OI add 7.72 lakh shares in OI, premium at 4.95pts vs premium at 2pts
Nifty Open Int PCR at 1.02 vs 0.98
Total Put add 31.74 lakh shares, call add 7.69 lakh shares
Highest OI outstanding at 5200 put, 5600 call and 5500 call
Nifty July 5000 put adds 9.64 lakh (63%) shares in Open Int
Nifty 5400 call adds 6.5 lakh (10%) shares in Open Int
Nifty 5200 put adds 5.4 lakh (7%) shares in Open Int – has added 14.7lkh shares in last 2 sessions
Nifty 5100 put adds 4.5 lakh (6%) shares in Open Int
Nifty 5000 put adds 3.07 lakh (4%) shares in Open Int
Nifty 5400 put sheds 4.82 lakh (10%) shares in Open Int – has shed 9.5lkh shares in last 2 sessions
Nifty 5800 call sheds 3.15 lakh (6%) shares in Open Int
Nifty 5600 call sheds 3.13 lakh (4%) shares in Open Int
Nifty 5500 call sheds 2.94 lakh (3%) shares in Open Int
Nifty 5700 call sheds 2.91 lakh (5%) shares in Open Int
India VIX down 1.97% at 20.89
Kingfisher Airline in F&O ban
