Monday, June 9, 2008

Markets Today

Markets Snapshot
Markets witness sharp fall falling U.S. market cues and in line with Asian peers
Nifty hits new 2008-low during the day; manages to close at 4500; Nifty recovers nearly 80 pts from day's low
Sensex ends down 506 pts at 15066; falls below 15000 during the day
Reliance Ind hits new 2008-lows at 2111
BSE Smalll-cap Index down 3.6%, Nifty Junior down 3.8%
Bank, Realty & Cap Goods hit new 2008-lows
BSE Realty Index down 7%; Unitech down 9.6%, DLF down 7.2%
BSE IT Index down 4.2%; TCS down 3.4%, Wipro down 5%, Infosys down 4.6%
BSE Cap Goods, Oil & Gas Index down nearly 3.3%
Index losers; Suzlon down 6.5%, ONGC down 6.3%, HDFC down 6%
Index Gainers; Nalco up 4.8%, Cairn India up 4.4%, Ranbaxy up 3.7%, RPL up 2.9%
Non-Index losers; Bajaj Auto Fin down 13.5%, Neyveli Lignite down 9.2%, HCC down 10%, Alok down 9.3%
NSE Advance Decline at 1:8
Total market turnover at Rs 76668 cr; FNO turnover at Rs 58333 cr
F&O Snapshot
Nifty futures discount at 14 pts; add 33.5 lakh shares in OI
Some short covering in Nifty futures seen in last half an hour of trade
Unwiding seen in momentum stocks; Fresh long seen in Cairn, Ranbaxy, R Comm
Fresh shorts seen across sector: oil & gas, realty, infra stocks
Fresh shorts: Suzlon, NTPC, Power Grid, RIL, ONGC, JP Ass, GMR Infra. DLF
Unwinding of long positions seen in Ispat, Alok, Ambuja Cem, Nag Fert, IFCI
Options Action Nifty 4200 put add 26 lakh shares in OI Nifty 4500 call add 24 lakh shares in OI Nifty 4400 put add 12.5 lakh shares in OI Nifty 4700 call shed 12 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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