Friday, May 16, 2008

Markets Today

Markets Snapshot
Markets end in the green amid volatile trade
Sensex ends up 81.4 pts at 17435; Nifty up 42.5 pts at 5158
CNX Midcap Index up 0.8%, BSE Small-cap Index up 0.86%
BSE Metal Index up 2%; SAIL up 7.5% post results
BSE Bank Index up 1.8%; PNB up 6.5% on back of good numbers declared yesterday
Index gainers; BPCL up 5.8%, Suzlon up 5.2%, Cairn India up 4.6%, Tata Power up 3.6%, Ranbaxy up 3.25%
BSE IT Index down 0.5%; HCL Tech down 2.3%, Infosys down 1.1%
Result Impact: SAIL, Bongaingaon Refinery
Buzzers: Assam Co up 10%, Harrisons Malayam up 11.6%, Tamilnadu Petro up 20%, Hyderabd Ind up 20%
Buzzers; Chambal Fert up 8.5%, Guj NRE Coke up 6%, BOI up 5.7%, Dish TV up 5.5%, Nag Fert up 5.5%
Losers; Welspun India down 5.3%, Megasoft down 6.2%, BF Utilitiues down 5%
NSE Advance Decline at 2:1
Total market turnover at Rs 57402 cr Vs Rs 58476 cr on Thursday
Total NSE F&O turnover at Rs 37877 cr Vs Rs 38196 cr on Thursday
F&O Snapshot
Nifty futures discount at 12 pts; add 7.3 lakh shares in OI
Traders buying 5100 call option and hedging it by shorting Nifty 4900, 5000 witness put wriitng and 5100 witness call writing
Long positons witness in momentum stcoks like Chambal Fert, Nag Fert, Ispat and stcoks like SAIL, Suzlon
Sugar stcoks witnmess unwinding of long positons and fresh shorts
Long Positions
Brigade Ent up 14.5%; add 1.68 lakh shares in OI
Chambal Fert up 9.5%; add 44.2 lakh shares in OI
Nag Fert up 5.2%; add 32 lakh shares in OI
Ispat up 2.3%; add 22.7 lakh shares in OI
HCC up 3%; add 10.5 lakh shares in OI
SAIL up 7.8%; add 7.2 lakh shares in OI
Suzlon up 4.6%; add 6 lakh shares in OI
HDIL up 4.35; add 4.3 lakh shares in OI
Short Covering
India Cement up 2%; shed 5.3 lakh shares in OI
Petronet LNG up 4.7%; shed 3.5 lakh shares in OI
Aptech up 2%; shed 2.6 lakh shares in OI
BOI up 5.25%; shed 1.6 lakh shares in OI
Sugar Stocks
Bajaj Hind down 2.4%; shed 1.6 lakh shares in OI
Triveni Eng down 2%; shed 2.8 lakh shares in OI
Shree Renuka down 1.5%; add 12.5 lakh shares in OI

Source: moneycontrol.com

Disclaimer

The information in this publication is provided by http://www.moneybazzar.blogspot.com/ is intended for use for Readers & Traders . Every effort is made to provide accurate information, but http://www.moneybazzar.blogspot.com/ cannot guarantee the accuracy of the information or of the market analysis. This is a newsletter and is for informational purposes only. It is not a solicitation or offer to buy or sell futures. There is a high risk of loss in trading futures. You should not trade with money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this newsletter. The past performance of any trading system or methodology is not necessarily indicative of future results.



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