Markets Snapshot
Market end at day's high; recover in last hour of trade on back of short covering
Sensex ends up 250 pts at 16525; Nifty ends up 58.5 pts at 4918
Profit booking seen in midcap and smallcap stocks
CNX Midcap Index up 0.85%, BSE Small-cap Index up 0.33%
FMCG Index up 4.2%; ITC up 6.15% on report of cigarrate price hike by 5-10%
Cement stocks in focus after partial removal of export ban; Ambuja Cement up 6.5%, ACC up 2%, India Cement up 3.5%
Bank Index up 3%, PNB up 3.75%, SBI up 2.9%, HDFC Bank, ICICI Bank up 1.25% each
IT Index continous to gain; up 2.6%; TCS up 4.2%, Wipro up 3.4%, Satyam up 2.9%
BSE Cap Goods Index down 1.5%; BHEL down 2.8%, L&T down 1.3%Cairn India down 3.65% as crude cools off in internatinal market
Suzlon down 2.5%; CLSA & Citi had downgraded stock post result
Ferliser gainers; NFL up 20%, Chambal Fert up 16.2%, Nag Fert 10.5%, Madras Fert up 9.8%
NSE Advance Decline at 1:1
Total market turnover at Rs 75109 cr; FNO turnover at Rs 56334 cr
Buzzers
Bajaj Finserve up 15.5%; ((Listing day action: Bajaj Finserve ends at Rs 509 Vs listing price at Rs 545))
Apar Ind up 12%; looking to hike stake in Uniflex Cables, may result in an open offer
MphasiS up 10%; Axis Bank up 9.5%, Aptech up 6%, Kotak Mah Bank up 6%
Sita Shree Food down 7.3%, Crompton Greaves down 6.3%, Jyoti Structures down 6.2%
F&O Snapshot
Nifty rollover at 51% Vs 45.3% & Market wide rollover at 55% Vs 46% yesterday's trading session
Short covering seen in last hour of trade
Nifty May disocunt ends at premium; Nifty June discount ends at premium Vs discount of 15 pts
Momentum stocks see long rollover in second half of day: IFCI, TTML, RPL, Idea
Large Caps NTPC , SAIL see rollovers pick up : around 60% for each with short bias.
Cement, Banking stongest rolls
Fertilizer, Sugar see rollovers pick up after unwinding in the beginning of the day
RIL (43%), Punj Lloyd (44%), RNRL (47%) see low rollover
Options Data
JP Associates June 230 call add 10.86 lakh shares in OI
Chambal Fertt May 80 put add 6.4 lakh shares, 90 call add 5 lakh shares in OI
Nifty June 4600 put add 4 lakh shares in OI; June 4800 put add 3 lakh shares in OI
NIfty May 5000 call shed 8.6 lakh shares in OI
Strong Roll Over IOB 84% Ultratech Cem 80% India cement 80% Hindalco 78%
Union Bank 77% Syndicate bank 74% Ambuja Cement 72% Century Textile 72%
PNB 71% SBI 70%
Low Rollover Hind Zinc 35% Indian Bank 38% MphasiS 40% RIL 43%
Market end at day's high; recover in last hour of trade on back of short covering
Sensex ends up 250 pts at 16525; Nifty ends up 58.5 pts at 4918
Profit booking seen in midcap and smallcap stocks
CNX Midcap Index up 0.85%, BSE Small-cap Index up 0.33%
FMCG Index up 4.2%; ITC up 6.15% on report of cigarrate price hike by 5-10%
Cement stocks in focus after partial removal of export ban; Ambuja Cement up 6.5%, ACC up 2%, India Cement up 3.5%
Bank Index up 3%, PNB up 3.75%, SBI up 2.9%, HDFC Bank, ICICI Bank up 1.25% each
IT Index continous to gain; up 2.6%; TCS up 4.2%, Wipro up 3.4%, Satyam up 2.9%
BSE Cap Goods Index down 1.5%; BHEL down 2.8%, L&T down 1.3%Cairn India down 3.65% as crude cools off in internatinal market
Suzlon down 2.5%; CLSA & Citi had downgraded stock post result
Ferliser gainers; NFL up 20%, Chambal Fert up 16.2%, Nag Fert 10.5%, Madras Fert up 9.8%
NSE Advance Decline at 1:1
Total market turnover at Rs 75109 cr; FNO turnover at Rs 56334 cr
Buzzers
Bajaj Finserve up 15.5%; ((Listing day action: Bajaj Finserve ends at Rs 509 Vs listing price at Rs 545))
Apar Ind up 12%; looking to hike stake in Uniflex Cables, may result in an open offer
MphasiS up 10%; Axis Bank up 9.5%, Aptech up 6%, Kotak Mah Bank up 6%
Sita Shree Food down 7.3%, Crompton Greaves down 6.3%, Jyoti Structures down 6.2%
F&O Snapshot
Nifty rollover at 51% Vs 45.3% & Market wide rollover at 55% Vs 46% yesterday's trading session
Short covering seen in last hour of trade
Nifty May disocunt ends at premium; Nifty June discount ends at premium Vs discount of 15 pts
Momentum stocks see long rollover in second half of day: IFCI, TTML, RPL, Idea
Large Caps NTPC , SAIL see rollovers pick up : around 60% for each with short bias.
Cement, Banking stongest rolls
Fertilizer, Sugar see rollovers pick up after unwinding in the beginning of the day
RIL (43%), Punj Lloyd (44%), RNRL (47%) see low rollover
Options Data
JP Associates June 230 call add 10.86 lakh shares in OI
Chambal Fertt May 80 put add 6.4 lakh shares, 90 call add 5 lakh shares in OI
Nifty June 4600 put add 4 lakh shares in OI; June 4800 put add 3 lakh shares in OI
NIfty May 5000 call shed 8.6 lakh shares in OI
Strong Roll Over IOB 84% Ultratech Cem 80% India cement 80% Hindalco 78%
Union Bank 77% Syndicate bank 74% Ambuja Cement 72% Century Textile 72%
PNB 71% SBI 70%
Low Rollover Hind Zinc 35% Indian Bank 38% MphasiS 40% RIL 43%
Punj Lloyd 44% RNRL 47%
Source: moneycontrol.com
