Friday, May 23, 2008

Markets Today

Markets Snapshot
Markets end near day's low; Inflation at 7.82% Vs 7.83%
Sensex ends down 258 pts at 16650; Nifty down 79 pts at 4946
CNX Midcap Index down 1.35%, BSE Small-cap down 1.7%
Realty, Metal & Oil & gas Indices down nearly 2%
Oil & Gas: Cairn down 4.2%, ONGC down 2.8%, RIL down 2.6%
Metal stocks: Sterlite down 5%, Hindalco down 2.3%
Other Index losers; ITC down 4.4%, PNB down 4.3%, Tata Motors down 3.5%, TCS down 3%
Index gainers; BPCL up 3.6%, Bharti up 2.5%, Suzlon up 2.2%, HDFC up 1.8%
Midcap losers; Rel Cap,Bajaj Hind, India Cement down 5%, GVK Power, Lanco down 5.3%, Indiabulls Real down 4.8%
Losers; Manali Petro down 8%, Tamil Nadu Petro down 9.3%
Small-cap gainers; NEPC India up 20%, Tonira Pharma up 14.7%, Blue Bird up 11%, Graphite up 10.7%, Sita Shree up 8%
NSE Advance Decline at 1:3
Total market turnover at Rs 59391 cr; FNO turnover at Rs 41318 cr
F&O Snapshot
Nifty short build up continues, Nifty rollover around 30%
Short rollovers happeing in bank, cement & metal stocks
Nifty futures discount widens to 15 pts; net add 50 lakh shares in OI (June + May)
Nifty 5000 put shed 4 lakh shares
Nifty 4800 put shed 4.5 lakh shares
Nifty 5100 put shed 1.1 lakh shares in OI
Nifty June 4500 put add 2.2 lakh shares in OI
Put writers are unwinding positions and some of them are getting carried to June series
Strongest rollover
Ultratech: 60%
India Cem: 55%
Hindalco: 41%
HDFC bank: 30%
SBI: 25%

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.



free counter