Markets Snapshot
Markets witness a strong pull-back after losing for 5 straight sessions; close at day's high
Interest rate sensitives lead the rally
Sensex ends up 536 pts at 13112; Nifty up 130 pts at 3947
CNX Midcap Index up 1.9%, BSE Small-cap Index up 1%
All sectoral indices except metals end in the green
BSE-Bank Index up 6.3%; HDFC up 10%; SBI up 8.4%, ICICI Bank up 6.2%, HDFC Bank 6.1%
BSE Cap-Goods Index up 6.3%; Siemens up 8.8%, L&T up 8%, BHEL up 5.3%; ABB up 4.4%
BSE Realty Index up 5.4%; DLF up 9.3%; Unitech up 3.8%
BSE Auto Index up 4%; Maruti up 9.3% ahead of results on Monday, M&M up 4.3%
BSE Oil and Gas Index up 3.5%; BPCL up 9.3%; IOC up 7.5%; HPCL up 5.6%; ONGC up 4.5%, Reliance up 3.9%
BSE Metals Index down 2%; Likely cap on steel-price hike hits sentiment
SAIL down 5.5%, Tata Steel down 2.9%, Sterlite down 5.9%
Star Performers: Polaris up 16% on strong Q1 performance and announcement of Real Estate foray
Results Impact: TCS, Mindtree, Polaris, Biocon, Chambal Fert, Unichem Labs,United Breweries
NSE Advance Decline at 2 : 1 Total F&O turnover at Rs 46,300 cr Vs Rs 45,738.2 cr;
Total market turnover at Rs 62,852 cr Vs Rs 61,636.2 cr on Wednesday
BuzzersBGR Energy up 20% for second straight sessionFirst Winner up 16%IVRCL Infra up 15%Essar Shipping up 10%JP Associates up 9%
F&O Snapshot
Most of the action seen in Stock Futures space with a long bias
Nifty fut ends with a discount of 15 points
More than 30% OI build up sees in stocks like Colgate, LIC Housing, Mphasis & Polaris
Metal stocks see short build up in today’s trade
Mid Cap IT stocks like Polaris & Mphasis see fresh long build up
Large Cap IT stocks see Short covering
Fresh Longs seen in Infra Stocks like Punj Lloyd ,Nagar Const & JP Associates
Short Covering seen in Cap Goods
Hugh unwinding seen in Nifty Call Options
Options Activity:Nifty 4000 call sheds 6.7 lakh sharesNifty 4100 call sheds 4.3 lakh sharesNifty 4200 call sheds 3 lakh shares
Fresh Longs:Infra :Punj Lloyd, Nagar Const & JP AssociatesIT: Polaris, MphasisMisc: RNRL, Renuka,GMR,IFCI,ICICI Bank
Fresh Shorts:Metals: SAIL,Sterlite,Nalco,Tata SteelMisc: Cairn, RPL
Short Covering : IT : Satyam , Infosys, TCS
Source: moneycontrol.com