Wednesday, July 2, 2008

Markets Today

Markets Snapshot
Indices post highest single day gain since March 25, 2008
Strong bounceback seen markets post Nifty touching a base of 3848;Sensex ends up 702.94 pts (5.42%) at 13664.62; Nifty ends up 196.6 pts (5.05%) at 4093.35
Frontline Indices post stellar gains; Small Caps gain marginally
CNX Midcap Index ends up 3.47%, BSE Small-cap Index up 1.91%
All sectoral indices gain; the star performer BSE Realty gained a phenomenal 12.22%
Among other gainers BSE Bankex up 6.02%; BSE-Capital Goods Index up 5.89%,
IT sector up 5.77%; Metals Index up 5.96%
Realty Buzzers; DLF up 14.7%; gained on news of buyback; Indiabulls Realty up 14.6%
Beaten down banks gained, HDFC up 10.7%; PNB up 10.3%; Kotak Mahindra Bank up 8.37%; Axis Bank up 6.84%
Most Index stocks post gains between 3-7%;
Star Performers- Reliance Infra up 12.15%; Tata Power up 9.11%; Siemens up 8.42%; ONGC up 8.26%; L&T up 7.17%
Relisting : TreadsDirect ends at Rs 6.4 Vs listing price of Re 1
NSE Advance Decline at 1.91 :1
Total Cash Turnover at 7974.98 cr,
Total F&O turnover at Rs 57532.76 cr;
Total market turnover at Rs 79632 cr Vs Rs 64986 cr yesterday
Buzzers Ansal properties up 28.24%Shree Renuka Sugar up 21.41%HDIL up 18.9%Sasken Communications up 17.81%Shree precoated steels up 16.23%
F&O Snapshot
Mix of short covering and long build-up seen in today's session
Real Estate stocks see aggressive long build up.
Banking & Metals stocks sees Fresh Long build up
Stock futures sees hug open interest build-up
Nifty discount narrows down to 21 points vs 64 point in yesterday’s trade
NSE F&O turnover significantly higher at Rs 57532.76 cr vs Rs 47969 cr
Hugh unwinding in Nifty call options; nifty 4000 put options sees writing
Nifty 4300 call sheds 3.5 lakh shares
Nifty 4200 call sheds 1.9 lakh shares
Nifty 4100 call sheds 1.9 lakh shares
Nifty 4000 put sheds 6.2 lakh shares
Aggressive Longs : Renuka up 23.7%; adds 21.4 lakh shares ( 43%)Sasken up 20.3%; adds 2 lakh shares ( 23%)Reliance Cap up 12%; adds 12 lakh shares ( 23%)Punj Lloyd up 12.3%; adds 7.5 lakh shares ( 16%)RNRL up 13%; adds 27.3 lakh shares ( 12%)RPL up 6.7%; adds 45.8 lakh shares ( 10%)
Star Trade: DLF up 17.2%; adds 8.6 lakh shares Ansal prop up 32.6%; adds 1.1 lakh shares
Fresh Longs:Others: ICICI Bank, Nagarjuna fert , IDFC , DCB , JP Associates, JP Hydro, Ispat, HDIL
Short Covering: Idea up 8.8%; sheds 4.9 lakh sharesPower grid up 8%; adds 4.3 lakh sharesGMR infra up 11.5%; adds 3.6 lakh sharesChambal fert up 10.3%; adds 2.1 lakh shares


The information in this publication is provided by is intended for use for Readers & Traders . Every effort is made to provide accurate information, but 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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