Monday, May 26, 2008

Markets Today

Markets Snapshot
Markets end near day's low in line with Asian markets
Nifty closes below 4900 since Apr 16; end down 71.5 pts at 4875Sensex down 301 pts at 16348
Midcap and small-caps witness profit booking
Nifty Junior down 3.5%, CNX Midcap, BSE Small-cap Indices down 2.3%
MTN Buzz Effect: Rel Comm down 5%, Bharti up 3.2%, Idea up 3.6%
BSE Bank Index down 3.3%, ICICI Bank down 4.5%, SBI down 2.4%, PNB down 2.1%
BSE Metal, FMCG, Cap Goods Index down nearly 2.5%
Index losers; BHEL down 4.6%, BPCL down 4.5%, Grasim down 4%, Ambuja Cem down 3.7%, ITC down 3.5%
BSE IT Index limits the fall, ends up 2%; Infosys, TCS up nearly 3%, HCL Tech up 1.8%
Losers; Sita Shree Foods down 13.5%, Bajaj Holding down 11.5%, South Indian Bank down 9%, Mercator Lines down 8.4%, Praj Ind down 7%, JP Associates down 6%
Momentum stocks: Chambal fert down 5.5%, Nag Fert down 4.5%, IFCO down 5%
Sugar losers; Bajaj Hind down 8.7%, Upper Ganges down 8.5%, Shree Renuka Sugar down 7.5%
Bank of Raj up 14.5%: board meet on May 31 to consider bonus issue
Bajaj Finserve ends at Rs 509 Vs listing price at Rs 545
Bajaj Auto ends at Rs 605 Vs listing price at Rs 725
NSE Advance Decline ratio at 1:7
Total market turnover at Rs 60414 cr; FNO turnover at Rs 44104 cr
FNO Snapshot
Nifty rollover at 37%, market wide 25%, stock futures rollover at around 22%
Nifty futures end at mild premium due to cash selling; net add 70 lakh shares in OI
Nifty 5000 put shed 6.5 lakh shares in OI, 5100 put shed 1.8 lakh shares, 4700 shed 1.5 lakh shares in OI
Nifty 4800 put add 2.7 lakh shares
Nifty 4900 call add 4.2 lakh, 4800 call 3.5 lakh, 5000 call add 2.75 lakh shares in OI
Rollover happening on short side; Bank, cement, metal witness short rollover
Unwiding continue to happen in put options
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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