Markets Snapshot
Markets end near day's high led by metal & tech stocks
Sensex ends up 225 pts at 16978; Nifty ends up 54 pts at 5012
CNX Midcap Index up 0.9%, BSE Small-cap Index up 0.5%
Metal Index up 4.36%; base metal prices gain due to earthquake in China
IT Index up 3.9% as rupee hits 42.665
Hind Zinc up 17%; Zinc prices was up nearly 6.5% ; China accounts for about 39% of the global zinc production
Index Gainers; DRL up 8%, TCS up 7.3%, Infy up 4.35%
Metal pack: Hindalco up 6.8%, Sterlite up 5%, Tata Steel up 4%
Index losers; ONGC down 6%, GAIL down 3.3% on concerns of oil subsidy burden
Satyam off days high as the co loses appeal against HC judgement in upaid case
Buzzers; Chambal Fert up 6%, Orchid Chem up 7.4%, Alok Ind up 9.4%, NIIT Tech up 5.2%, Deccan Aviation up 5.5%
Lanco Infra up 11%; wins 8000 cr rs Vizhinjam international terminal container project in Kerala
NSE Advance Decline ratio at 5:4
Total market turnover at Rs 51837 cr Vs Rs 58431 cr on Tuesday
F&O Snapshot
Nifty futures end at mild premium; add 16.5 lakh shares in OI
Some unwiding of long positions seen in later part of the day
Volumes in FNO remain low; Total NSE F&O turnover at Rs 32919 cr Vs Rs 38108 cr on Tuesday
Momentum, metal stocks saw addition of long positions
ONGC, Satyam, IOV witness addition of short posiitons
Long Positions
IFCI up 3.6%; add 26.4 lakh shares in OI
Ispat up 4.6%; add 19 lakh shares in OI
Arvind up 5%; add 14 lakh shares in OI
RPL up 3.1%; add 13 lakh shares in OI
Tata Steel up 4.6%; add 11 lakh shares in OI
Hindalco up 7.6%; add 8.8 lakh shares in OI
Polaris up 5.9%; add 5.5 lakh shares in OI
Lanco Infar up 13%; add 2.5 lakh shares in OI
Fresh Shorts
ONGC down 5.9%; add 11.3 lakh shares in OI
Satyam down 1%; add 6.5 lakh shares in OI
IOC down 4.5%; add 2.8 lakh shares in OI
Short Covering
Sterlite up 4.5%; shed 2.4 lakh shares in OI
Cairn India up 2.16%; shed 2.8 lakh shares in OI
TCS up 6.5%; shed 1.2 lakh shares in OI
Markets end near day's high led by metal & tech stocks
Sensex ends up 225 pts at 16978; Nifty ends up 54 pts at 5012
CNX Midcap Index up 0.9%, BSE Small-cap Index up 0.5%
Metal Index up 4.36%; base metal prices gain due to earthquake in China
IT Index up 3.9% as rupee hits 42.665
Hind Zinc up 17%; Zinc prices was up nearly 6.5% ; China accounts for about 39% of the global zinc production
Index Gainers; DRL up 8%, TCS up 7.3%, Infy up 4.35%
Metal pack: Hindalco up 6.8%, Sterlite up 5%, Tata Steel up 4%
Index losers; ONGC down 6%, GAIL down 3.3% on concerns of oil subsidy burden
Satyam off days high as the co loses appeal against HC judgement in upaid case
Buzzers; Chambal Fert up 6%, Orchid Chem up 7.4%, Alok Ind up 9.4%, NIIT Tech up 5.2%, Deccan Aviation up 5.5%
Lanco Infra up 11%; wins 8000 cr rs Vizhinjam international terminal container project in Kerala
NSE Advance Decline ratio at 5:4
Total market turnover at Rs 51837 cr Vs Rs 58431 cr on Tuesday
F&O Snapshot
Nifty futures end at mild premium; add 16.5 lakh shares in OI
Some unwiding of long positions seen in later part of the day
Volumes in FNO remain low; Total NSE F&O turnover at Rs 32919 cr Vs Rs 38108 cr on Tuesday
Momentum, metal stocks saw addition of long positions
ONGC, Satyam, IOV witness addition of short posiitons
Long Positions
IFCI up 3.6%; add 26.4 lakh shares in OI
Ispat up 4.6%; add 19 lakh shares in OI
Arvind up 5%; add 14 lakh shares in OI
RPL up 3.1%; add 13 lakh shares in OI
Tata Steel up 4.6%; add 11 lakh shares in OI
Hindalco up 7.6%; add 8.8 lakh shares in OI
Polaris up 5.9%; add 5.5 lakh shares in OI
Lanco Infar up 13%; add 2.5 lakh shares in OI
Fresh Shorts
ONGC down 5.9%; add 11.3 lakh shares in OI
Satyam down 1%; add 6.5 lakh shares in OI
IOC down 4.5%; add 2.8 lakh shares in OI
Short Covering
Sterlite up 4.5%; shed 2.4 lakh shares in OI
Cairn India up 2.16%; shed 2.8 lakh shares in OI
TCS up 6.5%; shed 1.2 lakh shares in OI
Source: moneycontrol.com
