Thursday, May 22, 2008

Markets Today

Markets Snapshot
Market closes near day's low on back of cues from US markets
Fed cuts GDP growth forecast, raises inflation and unemployment outlook
Sensex ends down 336 pts at 16907; NIfty down 92.2 pts at 5025NIfty finds constant support around 5020 during the day
CNX Midcap Index down 1.7%, BSE Small-cap Index down 1.4%
All BSE Sectoral Indiced end in the red
BSE Bank Index down 3% ahead of inflation data tomorrow; PNB down 3.7%, ICICI bank down 3.4%, SBI down 3.3%
BSE Realty Index down 2.7%; Unitech down 3%, DLF down 1.7%
BSE Cap Goods Index down 2.4%; BHEL down 1.3%, L&T down 2.5%
Index losers; Suzlon down 6%, Tata Motors down 4%, Idea down 3.9%, Rel Infra down 3.9%
Profit booking seen in tea and petro-related stocks
Tea Stock: Williamson Magor down 9%, McLeod Russel down 6.4%, Assam Co down 3.5%
Petro-related stock: Andhra Petro down 8.2%, Supreme Petro down 8.3%, Sah Petro down 7.6%
Profit booking; Videocon Appliance down 9%, MIC Elec down 7%, Lanco down 7%
Re-listing: Sylph Tech ends at Rs 200 Vs re-listing price at Rs 152 (hits a high of 800 during the day)
Buzzers: Manali Petro up 7.8%, Gujarat Siddhe up 10%, Shree Digivijay up 9.2%, Ispat up 4.4%
NSE Advance Decline ratio at 1:3
Total market turnover at Rs 64678 cr Vs Rs 61843 cr on Wednesday
Total NSE F&O turnover at Rs 45076 cr Vs Rs 39481 cr on Wednesday
F&O Snapshot

Nifty futures end at 2 pts premium after trading around 5-10 pts discount through out day
Fresh sohrts seen in Nifty futures; add 38 lakh shares in OI
Hugh Unwinding seen in Nifty Put options
Short Positions seen in Real Estate, Banking & Fmcg Sector
Nifty 5100 put shed 3 lakh shares in OI
Nifty 5000 put shed 2.65 lakh shares in OI
Nifty 5200 put shed 1.4 lakh shares in OI
Nifty 4800 put add 2.65 lakh shares in OI
Momemtum Stocks Unwinding :
HOEC down 5.7%; sheds 9.7 lakh shares in OI
Chambal Fert down 5.3%; sheds 37 lakh shares in OI
RNRL down 3.5%; sheds 13.5 lakh shares in OI
Praj Ind down 3%; sheds 5.5 lakh shares in OI
JP Hydro 3.4%; sheds 4.3 lakh shares in OI
Fresh Shorts:
IDFC down 4.5%; adds 16.4 lakh shares in OI
Suzlon down 5.8%; adds 14.4 lakh shares in OI
SBI down 3.6%; adds 5.1 lakh shares in OI
Short Built up Continues :
GMR Infra down 5%; adds 15.1 lakh shares in OI
Unitech down 3.5%; adds 5.3 lakh shares in OI
ICICI Bank down 3.9% ; adds 3.9 lakh shares in OI
NTPC down 2.2%; adds 3.9 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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