Market Snapshot
Markets end in the red amid volatile session of trade
Sensex ends down pts 139 at 13330.5; Nifty down 9 pts at 4040
CNX Midcap Index down 0.35%; BSE Small Cap Index down 1.1%
Ranbaxy loses 10.7% on concerns that a probe by the U.S. FDA may hit sales significantly
Axis Bank down 5.7% even after the company reported stellar results, NII up 81% at 810 cr, Net profit up 89% at 330 cr
IT Stocks continue their losing streak; BSE IT Index down 6% Satyam down 7.8%;Infy down 7.2%;HCL Tech down 5.7% TCS down 3.4%;
BSE Bank Index down 1.23%; Axis Bank down 4.6%, HDFC Bank down 3.4%, SBI up 3%,PNB up 2.4%
BSE Metals Index up 1.5%; Sterlite up 3.7%,Tata Steel up 2.6%, Nalco up 2.5%; SAIL up 2.1%
BSE Oil and Gas Index up 1.1%; ONGC up 3.1%; Reliance Ind up 1.4%
Index Gainers: NTPC up 3.1%, HUL up 2.8%, Cipla up 2.2%; Reliance Infra up 2.1%, Ambuja Cem up 1.9%
Index Losers: Unitech down 3.8%, BHEL down 3.6%, ITC down 3.4%, Hindalco down 3.3%, HDFC down 3.2%
NSE Advance Decline at 1 : 2
Total F&O turnover at Rs 40,096 cr Vs Rs 50,150 cr
Total Market Turnover at Rs 54916 cr Vs Rs 67781 cr on Friday
New Listing: KSK Energy closes at Rs 191.7 Vs lisitng price of Rs 220 ((Issue Price Of Rs 240))
F&O SNAPSHOT
Nifty discount trims further; signs of more short covering pushes the discount to single digits
Nifty July 3700, 3800 and 3900 puts add OI; PCR inches up
Trading action increases on news driven stocks
Short covering seen in beaten down sectors
Huge Short Buildup seen in:Ranbaxy: Down 10%; 30% OI buildupAxis Bank: Down 4.6%; 50% OI buildup seen Satyam Comp and Infosys: both down around 7%; 15% OI buildup seen
Fresh Shorts:Banks: Axis Bank, Kotak Mah Bank, J&K BankIT: Infosys, Satyam, TCSMisc: ITC, Crompton Greaves, BHEL, NCC
Fresh Longs: Misc: SAIL, RNRL, Oswal Chem, Tata Motors, SBI
Short Covering:Power: NTPC, Power Grid, Reliance InfraMisc: DLF, Ambuja Cem, IDBI, Essar Oil , Balrampur chini, Banks: Allahabad Bank, Canara Bank
Markets end in the red amid volatile session of trade
Sensex ends down pts 139 at 13330.5; Nifty down 9 pts at 4040
CNX Midcap Index down 0.35%; BSE Small Cap Index down 1.1%
Ranbaxy loses 10.7% on concerns that a probe by the U.S. FDA may hit sales significantly
Axis Bank down 5.7% even after the company reported stellar results, NII up 81% at 810 cr, Net profit up 89% at 330 cr
IT Stocks continue their losing streak; BSE IT Index down 6% Satyam down 7.8%;Infy down 7.2%;HCL Tech down 5.7% TCS down 3.4%;
BSE Bank Index down 1.23%; Axis Bank down 4.6%, HDFC Bank down 3.4%, SBI up 3%,PNB up 2.4%
BSE Metals Index up 1.5%; Sterlite up 3.7%,Tata Steel up 2.6%, Nalco up 2.5%; SAIL up 2.1%
BSE Oil and Gas Index up 1.1%; ONGC up 3.1%; Reliance Ind up 1.4%
Index Gainers: NTPC up 3.1%, HUL up 2.8%, Cipla up 2.2%; Reliance Infra up 2.1%, Ambuja Cem up 1.9%
Index Losers: Unitech down 3.8%, BHEL down 3.6%, ITC down 3.4%, Hindalco down 3.3%, HDFC down 3.2%
NSE Advance Decline at 1 : 2
Total F&O turnover at Rs 40,096 cr Vs Rs 50,150 cr
Total Market Turnover at Rs 54916 cr Vs Rs 67781 cr on Friday
New Listing: KSK Energy closes at Rs 191.7 Vs lisitng price of Rs 220 ((Issue Price Of Rs 240))
F&O SNAPSHOT
Nifty discount trims further; signs of more short covering pushes the discount to single digits
Nifty July 3700, 3800 and 3900 puts add OI; PCR inches up
Trading action increases on news driven stocks
Short covering seen in beaten down sectors
Huge Short Buildup seen in:Ranbaxy: Down 10%; 30% OI buildupAxis Bank: Down 4.6%; 50% OI buildup seen Satyam Comp and Infosys: both down around 7%; 15% OI buildup seen
Fresh Shorts:Banks: Axis Bank, Kotak Mah Bank, J&K BankIT: Infosys, Satyam, TCSMisc: ITC, Crompton Greaves, BHEL, NCC
Fresh Longs: Misc: SAIL, RNRL, Oswal Chem, Tata Motors, SBI
Short Covering:Power: NTPC, Power Grid, Reliance InfraMisc: DLF, Ambuja Cem, IDBI, Essar Oil , Balrampur chini, Banks: Allahabad Bank, Canara Bank
Source: moneycontrol.com
