Market Snapshot
Market end near day's low ahead of FNO expiry tomorrow
Sensex ends down 73 pts at 16276; slips nearly 230 pts from day's high
Nifty ends down 15 pts at 4860; slips nearly 70 pts from day's high
Interest rate sensitive stocks continue to drag; IT stocks continue to hold firm
BSE Bank Index down 2.3%; SBI down 4%, HDFC Bank down 1.1%
BSE Realty Index down 1.5%; Unitech down 4.7%
Index losers; Suzlon, Power Grid, Cairn down nearly 2.8%, RPL, HDFC down nearly 2%
BSE IT Index up 1.2%; rupee depreciates by 43 bps at 42.90
Satyam, Wipro up nealy 2.75%, TCS up 1.5%
Index Gainers; Tata Motors up 3%, Cipla up 2.9%, Sterlite up 2.7%
Fertliser stocks gains on back of subsidy news; Chambal Fert up 6.5%, Mangalore Chem up 4%
Sugar, engineering & bank stocks losers in midcap/small-cap space
OBC down 6%, Bank of Raj down 5.6%, BoI down 5%, IOB down 4.9%
NSE Advance Decline at 1:2
Total market turnover at Rs 66617 cr; FNO turnover at Rs 49968 cr
Buzzers
Chambal Fert up 7.5%; FY09 fertiliser subsidy seen at Rs 95,013 cr
Bajaj Finserve up 9%; sees buying interest after yesterday's re-listing
Firstsource up 7.3%; reports that Warbug Pincus is eyeing stake in the co; may look to merge with WNS
Aban Offshore: bagged around $10 m contarct today
Opto Circuit: Board Approves Bonus Issue Of~7 Shares For Every 10 Held
Losers
Eicher Motors down 8%; was up 17% during the day
Repro India down 9.5%; was up 11% yesterday on good results
Bank of Raj down 5.5%; was up 14.5% on back of board meet on May 31 to consider bonus issue
FNO Snapshot
Nifty rollover at 43%, Marketwide roll at 40%; net add 50 lakh shares in OI
Short build continue in Nifty futures; May Futures at 8 pts discount and June futures at 15 pts discount
Put writng seen at 4800 level
Nifty 4900 put shed 3.8 lakh shares in OI; Nifty 4800 put add 1.2 lakh shares in OI
Nifty 5000 call add 6.3 lakh shares, 4800 call add 3.8 lakh shares, 4900 call add 1.6 lakh shares in OI
Bank, cement, metal stcoks witness short rollover
Fertlizer stocks witness mild long build up in June series
Momentum stocks witness long unwiding and short rollover
Strong Rollover IOB 82% Ultratech 73% India Cem 72% UBI 71% Hindalco 70% BoI 62%
ICICI Bk 52% R COmm 51%
Low Rollover Neyveli Lignite 27% Indian Bank 25% Punj Lloyd 24% India Infoline 22%
Purvanakar 21% Hind Zinc 20%
Market end near day's low ahead of FNO expiry tomorrow
Sensex ends down 73 pts at 16276; slips nearly 230 pts from day's high
Nifty ends down 15 pts at 4860; slips nearly 70 pts from day's high
Interest rate sensitive stocks continue to drag; IT stocks continue to hold firm
BSE Bank Index down 2.3%; SBI down 4%, HDFC Bank down 1.1%
BSE Realty Index down 1.5%; Unitech down 4.7%
Index losers; Suzlon, Power Grid, Cairn down nearly 2.8%, RPL, HDFC down nearly 2%
BSE IT Index up 1.2%; rupee depreciates by 43 bps at 42.90
Satyam, Wipro up nealy 2.75%, TCS up 1.5%
Index Gainers; Tata Motors up 3%, Cipla up 2.9%, Sterlite up 2.7%
Fertliser stocks gains on back of subsidy news; Chambal Fert up 6.5%, Mangalore Chem up 4%
Sugar, engineering & bank stocks losers in midcap/small-cap space
OBC down 6%, Bank of Raj down 5.6%, BoI down 5%, IOB down 4.9%
NSE Advance Decline at 1:2
Total market turnover at Rs 66617 cr; FNO turnover at Rs 49968 cr
Buzzers
Chambal Fert up 7.5%; FY09 fertiliser subsidy seen at Rs 95,013 cr
Bajaj Finserve up 9%; sees buying interest after yesterday's re-listing
Firstsource up 7.3%; reports that Warbug Pincus is eyeing stake in the co; may look to merge with WNS
Aban Offshore: bagged around $10 m contarct today
Opto Circuit: Board Approves Bonus Issue Of~7 Shares For Every 10 Held
Losers
Eicher Motors down 8%; was up 17% during the day
Repro India down 9.5%; was up 11% yesterday on good results
Bank of Raj down 5.5%; was up 14.5% on back of board meet on May 31 to consider bonus issue
FNO Snapshot
Nifty rollover at 43%, Marketwide roll at 40%; net add 50 lakh shares in OI
Short build continue in Nifty futures; May Futures at 8 pts discount and June futures at 15 pts discount
Put writng seen at 4800 level
Nifty 4900 put shed 3.8 lakh shares in OI; Nifty 4800 put add 1.2 lakh shares in OI
Nifty 5000 call add 6.3 lakh shares, 4800 call add 3.8 lakh shares, 4900 call add 1.6 lakh shares in OI
Bank, cement, metal stcoks witness short rollover
Fertlizer stocks witness mild long build up in June series
Momentum stocks witness long unwiding and short rollover
Strong Rollover IOB 82% Ultratech 73% India Cem 72% UBI 71% Hindalco 70% BoI 62%
ICICI Bk 52% R COmm 51%
Low Rollover Neyveli Lignite 27% Indian Bank 25% Punj Lloyd 24% India Infoline 22%
Purvanakar 21% Hind Zinc 20%
Source: moneycontrol.com
