Market Snapshot
Markets surge in later part of the day led by financials for 2nd day running
Sensex ends up 524 pts at 13635.4; Nifty up 145 pts at 4092.3
CNX Midcap Index up 2%, BSE Small-Cap Index up 1.1%
BSE-Bank Index up 8%; ICICI Bank up 12%, HDFC Bank 8%, PNB up 7.1%, SBI up 5.5%
BSE Realty Index up 5.5%; DLF up 7.2%; Unitech up 5%; Indiabulls Real up 7.7%
BSE Oil and Gas Index up 4.3%; Reliance up 4.7%, ONGC up 4.6%, HPCL up 4.2%, IOC up 7.5%
BSE Cap-Goods Index up 3.6%; BHEL up 5.5%;Punj Llyod up 5.3%, L&T up 4.3% ABB up 3.7%
BSE IT Sector Index down 2.6%; Satyam ends down 7.5% post results; HCL Tech down 5.4%, Wipro down 3.7%, TCS up 1.4%
Index Gainers: HDFC up 9.4%, Bharti Airtel up 7.2%, Reliance Infra up 6%, Nalco up 6%, Power Grid up 5.6%, ITC up 5.4%
Index Losers: Ranbaxy down 3.5%, Infosys down 2.2%, Sterlite down 1.9%
Results Impact: Tata Steel, Wipro, Satyam, Sasken, GE Shipping, IDFC, Allahabad Bank, Ultratech, Guj NRE, Chennai Petro
Buzzers: IDFC up 15%, Indian Bank up 11%, Selan up 10.5%, Yes Bank, Guj Nre Coke up 9%, Axis Bank up 7.8%, JP Ass up 7.5%
NSE Advance Decline at 2 : 1
Total F&O turnover at Rs 52795 cr Vs Rs 46,300 cr;
Total market turnover at Rs 70983.7 cr Vs Rs 62,852 cr on Thursday
F&O Snapshot
Fresh longs seen in Nifty Fut; adds 51.7 lakh shares in OI
Most of the Action in IT & Banking Stocks
Mix of Short covering and Aggressive long build up in banking & financials
Fresh Short positions in IT stocks after yesterdays short covering
Infra stocks like J P Associates & Punj Lloyd continues with long build up
Cap Goods stocks like L&T & Bhel sees fresh longs
Aggressive Put writing in Nifty 3900-4000 options
Option Activity: Nifty 3900 put adds 12.9 lakh shares Nifty 4000 put adds 6.8 lakh shares Nifty 4000 call sheds 2.2 lakh shares
Fresh Longs : Banks & Financials: IDFC, HDFC, Dena Bank, Canara Bank, SBI, Rel CapInfra : JP Associates, Punj LloydCap Goods : L&T & BHELMisc : RNRL, IFCI
Fresh Shorts: IT : Satyam , Wipro ,Mphasis , HCL TechMisc : Ranbaxy , Bajaj Hind , Sterlite
Short Covering : Banks : ICICI Bank & Indian BankMisc: Idea , Power Grid
Markets surge in later part of the day led by financials for 2nd day running
Sensex ends up 524 pts at 13635.4; Nifty up 145 pts at 4092.3
CNX Midcap Index up 2%, BSE Small-Cap Index up 1.1%
BSE-Bank Index up 8%; ICICI Bank up 12%, HDFC Bank 8%, PNB up 7.1%, SBI up 5.5%
BSE Realty Index up 5.5%; DLF up 7.2%; Unitech up 5%; Indiabulls Real up 7.7%
BSE Oil and Gas Index up 4.3%; Reliance up 4.7%, ONGC up 4.6%, HPCL up 4.2%, IOC up 7.5%
BSE Cap-Goods Index up 3.6%; BHEL up 5.5%;Punj Llyod up 5.3%, L&T up 4.3% ABB up 3.7%
BSE IT Sector Index down 2.6%; Satyam ends down 7.5% post results; HCL Tech down 5.4%, Wipro down 3.7%, TCS up 1.4%
Index Gainers: HDFC up 9.4%, Bharti Airtel up 7.2%, Reliance Infra up 6%, Nalco up 6%, Power Grid up 5.6%, ITC up 5.4%
Index Losers: Ranbaxy down 3.5%, Infosys down 2.2%, Sterlite down 1.9%
Results Impact: Tata Steel, Wipro, Satyam, Sasken, GE Shipping, IDFC, Allahabad Bank, Ultratech, Guj NRE, Chennai Petro
Buzzers: IDFC up 15%, Indian Bank up 11%, Selan up 10.5%, Yes Bank, Guj Nre Coke up 9%, Axis Bank up 7.8%, JP Ass up 7.5%
NSE Advance Decline at 2 : 1
Total F&O turnover at Rs 52795 cr Vs Rs 46,300 cr;
Total market turnover at Rs 70983.7 cr Vs Rs 62,852 cr on Thursday
F&O Snapshot
Fresh longs seen in Nifty Fut; adds 51.7 lakh shares in OI
Most of the Action in IT & Banking Stocks
Mix of Short covering and Aggressive long build up in banking & financials
Fresh Short positions in IT stocks after yesterdays short covering
Infra stocks like J P Associates & Punj Lloyd continues with long build up
Cap Goods stocks like L&T & Bhel sees fresh longs
Aggressive Put writing in Nifty 3900-4000 options
Option Activity: Nifty 3900 put adds 12.9 lakh shares Nifty 4000 put adds 6.8 lakh shares Nifty 4000 call sheds 2.2 lakh shares
Fresh Longs : Banks & Financials: IDFC, HDFC, Dena Bank, Canara Bank, SBI, Rel CapInfra : JP Associates, Punj LloydCap Goods : L&T & BHELMisc : RNRL, IFCI
Fresh Shorts: IT : Satyam , Wipro ,Mphasis , HCL TechMisc : Ranbaxy , Bajaj Hind , Sterlite
Short Covering : Banks : ICICI Bank & Indian BankMisc: Idea , Power Grid
source: moneycontrol.com
