Markets Today

Markets closed at day’s high after D day verdict as UPA government has won vote of confidence by 19 votes wherein 275 seats were in favour of them and 256 in against of them. It was biggest single intraday points gain for Sensex since March 25, 2008. In last five trading session the Sensex has recovered around 20% from its recent lows of 12576 (July 16, 2008).
All BSE sectoral indices were closed in green. Strong buying interest was seen in bank, realty, capital goods, power, metal and oil and gas sectors, which were up anywhere between 5% and 10%. The BSE midcap and small cap indices were also closed with good gains; they were up 5% and 4% respectively.
For quite some time markets were trading under pressure as political concern, rising crude price, inflation, rupee depreciation. Out of these, now political concern is out of the way after UPA government wins. There are sign of crude cooling off and which will auger well for rupee appreciation. So one can expect further rally in the coming days.
The Sensex was up 838.08 points or 5.94% at 14942.28, and the Nifty was up 236.70 points or 5.58% at 4476.80.
Market breadth was positve, about 2371 shares have advanced, 574 shares declined, and 205 shares are unchanged.
Top gainers on the bourses were Reliance Communications up 12.20%, ICICI Bank up 11.64%, HDFC up 10.92, SBI up 10.45% and Reliance Infra up 10.36%
However, top losers on the bourses were Cairn India at Rs 220.45 down 2.46% Cipla at Rs 232.50 down 2.21% and HUL at Rs 231.05 down 0.65%.
The BSE Bankex was up 9.99% or 662.52 points at 7291.Yes Bank, Karnataka Bank, Kotak Mahindra, Federal Bank, IDBI Bank and ICICI Bank spurted up.
The BSE capital goods index was up 8.18% or 933.47 points at 12,339.77. Punj Lloyd, Siemens, BHEL, Suzlon Energy, Crompton Greave, L&T and AIA Engineering gained.
The BSE realty index was up 8.08% or 388.78 points at 5,199.27. RNRL, Essar Oil, BPCL, IOC and Petronet LNG.
The BSE power index was 7.74% or 194.43 points at 2,707.11.
The BSE metal index was up 6.85% or 838.07 points at 13,070.52. Sesa Goa, Jindal Steel, Ispat Industries, SAIL and Jindal Saw ended green.
The BSE oil & gas index was up 5.14% or 482.28 points 9,864.59. RNRL, Essar Oil, BPCL, IOC and Petronet LNG ended up.
The BSE auto index closed up with 3.86% or 140.12 points at 3,768.18. Cummins, Escorts, MRF, Hind Motors, Exide Industries and Tata Motors moved up.
The BSE IT index was up 2.35% or 85.59 points 3,733.51. Financial Tech, Aptech, HCL Tech and Wipro closed positive.
The BSE health care index was up 1.26% or 52.11 points at 4,192.94. Wockhardt, Dishman Pharma, Piramal Health, Divis Labs and Matrix Lab surged.
The BSE FMCG index was up 1.13% or 23.90 points at 2,141.84. Marico, United Spirits, Bata India and Godrej Consumer. moved up.
Turnover traded by markets has improved, which stood at Rs 95860.28 crore . This includes Rs 20400.14 crore from NSE Cash segment, Rs 68010.68 crore from NSE F&O and the balance Rs 7449.46 crore from BSE Cash segment.

Source: moneycontrol.com

Markets Today

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

source: moneycontrol.com

Markets Today

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

Markets Today

Market Snapshot
New 15-mths closing for Sensex, Nifty
Sensex ends down 100 pts at 12575.8; hits a low of 12514 during the day
Nifty ends down 44 pts at 3816.7; hits a low of 3790.2 during the day
CNX Midcap Index ends down 1.5%; BSE Small-Cap Index down 1.3%
Ranbaxy bounces back after management clarification; gains 15%
BSE Realty Index down 5.9%; Unitech down 11%; DLF down 8%
BSE Metals Index down 1.7%; Nalco down 6%; SAIL down 4%; Tata Steel down 3.5%; Sesa Goa down 5%
BSE Bank Index down 1.7%; Banks continue to lose ahead of inflation numbers on Thursday at 5:00 pm
SBI down 3.9%; ICICI Bank down 1.8%, HDFC Bank down 1.6%
Results Impact: S Kumars, PFC, HDFC, TTML
Midcap Losers: Guj NRE Coke down 7%, GMR Infra down 5.5%, Nag Fert down 4.8%, Parsvanth down 4.6%
Small-cap losers; Nitco Tiles down 12.8%, RSWM down 10.5%, Asian Elec down 10%
Buzzers; Usher Agro up 14.3%, BGR Energy up 13.5%, First Winner up 10.2%
NSE Advance Decline at 1:3
Total F&O turnover at Rs 45738.2 cr Vs Rs 44,123 cr a day ago
Total Market Turnover at Rs 61636.2 cr Vs Rs 59,029 cr a day ago
F&O Snapshot
Nifty discount trims; signs of short covering pushes Nifty in premium in last trade
Ranbaxy up 15 %; sheds 11.1 lakh shares, 3 rd highest turnover in F&O
Fresh shorts seen in Real Estate stocks
NSE F&O turnover at Rs 45738.3 cr Vs Rs 44122.9 cr in yesterdays trade
Nifty 3800, 3900 & 4000 call adds open intrest; premium increases
Nifty Put continues unwinding; nifty 4000 put sheds 3.7 lakh shares
Option Activity: Nifty 4000 put sheds 3.7 lakh shares Nifty 3800 call adds 6.7 lakh shares Nifty 3900 call adds 6.9 lakh shares Nifty 4000 call adds 2.1 lakh shares
Fresh Short: Unitech dn 9.2 %; adds 21.5 lakh shares Dlf dn 7.2%; adds 5.8 lakh shares RPL down 4.15%; add 18.5 lakh shares in OI Cairn India down 4%; add 10.6 lakh shares in OI
Fresh Long: Shree Renuka up 7.5%; add 14.3 lakh shares in OI Bharti up 3.4%; add 5.2 lakh shares in OI HUL up 4.5%; add 4.2 lakh shares in OI PFC up 5.8%; add 3.8 lakh shares in OI
Short Covering : Misc: ITC, Alok Text, Balrampur Chini

Source: moneycontrol.com

Markets Today

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

Source: moneycontrol.com

Markets Today

SNAPSHOT of IIP DATA
APR INDUSTRIAL GROWTH REVISED TO 6.2% Vs 7% EARLIER
APR-MAY IIP GROWTH AT 5% Vs 10.9% (YoY)
MAY IIP GROWTH AT 3.8% VS 10.6% (YoY)
MAY MANUFACTURING GROWTH AT 3.9% Vs 11.3% (YoY)
MAY MINING GROWTH AT 5.2% Vs 3.8% (YoY)
MAY ELECTRICITY GROWTH AT 2% Vs 9.4%
MAY BASIC GOODS (UP) 3% Vs 10.3% (YoY)
MAY CAP GOODS AT 2.5% Vs 22.4% (YOY)
MAY INTERMEDIATE GOODS GROWTH AT 1.2% Vs 8.8% (YoY)
MAY CONSUMER GOODS GROWTH AT 7.2% Vs 8.7% (YoY)
MAY CONS DURABLES GROWTH AT 4.4% Vs -0.7% (YoY)
MAY CONS NON DURABLES GROWTH AT 8.1% Vs 12.1% (YoY)
MAY FOOD PRODUCTS GROWTH AT -8.6% (YoY)
MAY WOOD & WOOD PRODUCTS GROWTH AT -30.7% (YoY)
MAY PETROLEUM & COAL PDTS GROWTH AT -10.4% (YoY)
MAY TEXTILES PRODUCTS GROWTH AT 4.8%; JUTE DOWN -9%
MAY TRANSPORT EQUIPMENT GROWTH (UP) 12.3% (YoY)
MAY LEATHER & LEATHER PRODUCTS GROWTH (UP) 7.6%
May TOBACCO & PRODUCTS (UP) 31.1%
INFLATION INTERNALS
PRIMARY ARTICLES (UP) 0.9%,VEGETABLE PRICES (UP) 3.7% (WoW)
ALL COMMODITIES (UP) 0.1% (WoW)
FUEL UNCHANGED, MFG PRODUCTS (UP) 0.4%
FOOD PRODUCTS UP 0.3%, TEXTILES UP 2.5%
CHEMICALS & CHEMICAL PDTS UP 1.2%, NON METALLIC PDTS UP 0.8%
MACHINERY & MACHINE TOOLS UP 0.1%
FOOD PDTS: COCONUT OIL UP 11%, RAPE & MUSTARD OIL UP 5%
FOOD PDTS: SOYABEAN OIL UP 4%, EDIBLE OIL UP 1%
PULSES (UP) 0.8%, FRUITS & VEGETABLES (UP) 2.4%
BASIC METALS, ALLOYS & METALPRODUCTS (DN) 0.8%, FERT (UP) 4.5%
IRON & STEEL (DN) 1.4%, PIPES & WIRES (DN) 0.8%
NON FERROUS METALS (DN) 0.1%
Market Snapshot
Markets slide post IIP nos; May IIP growth at 3.8% Vs 10.6% (YoY)
Sensex ends down 456 pts at 13470; Nifty down 113 pts at 4049
CNX Midcap Index down 2.3%; BSE Small Cap Index down 1.4%
IT Index down 6.5% post Infy results, Cap Goods down 5% post IIP Data
Infy down 7%%; BT revenues has fallen from 10.3% in 4Q to 7.9% of revenues, a decline of 18% QoQ
BSE IT Sector Index down 6.7%; TCS down 8%;Satyam down 7%; Infosys down 7%; Wipro down 4.5%; i-Flex Soln down 9.1%
BSE Cap goods Index down 5%; L&T down 7%, Punj Llyod down 6.4%; ABB down 6%; BHEL down 2.7%
Crude oil back above $145/bbl; BSE Oil and Gas Index down 2.1%;
ONGC down 3.8%; Reliance down 1.5%
OMCs: BPCL down 8.4%; IOC down 4.7%; HPCL 3.1%;
Index Losers: Reliance Infra down 6.4%; Tata Power down 6.4%; HDFC down 5.6%; Power Grid down 4.8%; Tata Steel down 4.7%
Metals Gain: Nalco up 5.5%; Sterlite up 1.5%; Hindalco up 1.3%
NSE Advance Decline at 1 : 3
Total F&O turnover at Rs 50150 cr Vs Rs 35645 cr
Total Market Turnover at Rs 67781 cr Vs Rs 51884 cr on Thursday
New Listing: Lotus Eye Care Lists At Rs 36 Vs Issue Price Of Rs 38; closes at Rs 35.65
F&O Snapshot
Nifty Futures discount ends at 20 pts; discount widens to 50 pts post IIP nos
Nifty futures add 48.5 lakh shares Vs 22 lakh shares pre IIP
Nifty Mini witness hectic activity; 4th highest turnover seen at Rs 6656 cr after RIL, Infy, Rel Cap
Unwidnig seen in momentum stocks like IFCI, Ispat, TTML, RNRL, JP Ass, IndusInd, Deccan Aviation
Fresh shorts seen in tech, cap goods
Nifty Put option sees unwinding; Nifty call option sees aggressive writing
Option Activity:Nifty 4100 call adds 6.1 lakh sharesNifty 4300 call adds 3.1 lakh sharesNifty 4000 put sheds 3.2 lakh sharesNifty 3900 put sheds 2.5 lakh shares
Short Build up:Infosys dn 7.6%; adds 8.6 lakh shares (witness 2nd highest turnover in F&O)
Satyam dn 6.5%; adds 5.4 lakh shares
L&T dn 7.5%; adds 3.8 lakh shares
BHEL dn 3.6%; adds 3.2 lakh shares
Punj Lloyd dn 7%; adds 8.3 lakh shares
Long Unwinding: Ispat dn 6.6%; sheds 15.3 lakh shares Indus Ind dn 6.3%; sheds 3.6 lakh shares
Source: moneycontrol.com

Markets Today

Market Snapshot
Markets remain volatile as Left withdraws support; recover from the day's lows
Political fallout on expected lines; markets react with a positive bias to developments
Sensex down 176 pts at 13350; recovers 300 pts from the day's low
Nifty down 42 pts at 3989; recovers 90 pts from the day's lows
CNX Midcap ends flat; BSE Small Cap Index down 0.5%
Reliance Industries down 2.5%; closes below 2000 for the first time since Aug 2007
BSE Cap Goods Index recovers nearly 5% from days low on hope of nuclear deal going through
BEL up 4.6%; BHEL up 2.1%; ABB up 1.8%; L&T up 1.5%
Nuclear deal benificiaries: Alstom Projects up 7.5%, Rolta up 5.8%, Areva T&D up 5.5%
SBI recovers nearly 10% from days low as the co seeks RBI nod to mark-to-mkt only 25% of Rs 9996 cr of govt bonds: Sources
BSE IT Index down 3.1%; Wipro down 5%; Infosys down 3.5%; Satyam down 2.9%; TCS down 2.6%
BSE Oil and Gas index down 1.6%; Relaince down 2.4% ONGC down 1.7%
OMC's gain; HPCL up 5.8%; BPCL up 5.6%; IOC up 1%
NSE Advance Decline at 1 : 1.5
Total F&O turnover at Rs 41112 cr Vs Rs 44635 cr
Total market turnover at Rs 56817 cr Vs Rs 61829 cr yesterday
F&O Snapshot
Nifty fut sees additional short build up; adds 27.9 lakh shares
Discount remains at nearly 50 points in today's trade
IT stocks like Infy & Satyam sees fresh short build up
Sugar Stocks like Renuka Sug, Bajaj Hind & Balrampur Chini sees continuation of short build up
NSE f&o volumes on lower side; turnover at Rs 41117.91cr vs 44634.29 on yesterday
Options Activity: Nifty 3700 put adds 3.3 lakh shares Nifty 4300 call sheds 3.8 lakh shares Nifty 4100 put sheds 2.6 lakh shares
Star Trade: Rolta up 6%; adds 1.1 lakh shares
Fresh Short: Renuka dn 6.1%; adds 10.1 lakh shares Wipro dn 5.7 %; adds 4.2 lakh shares Infosys dn 3.4%; adds 4 lakh shares ITC dn 3%; adds 13.8 lakh shares
Fresh Longs: JP hydro up 3.9%; adds 12.1 lakh shares Chambal fert up 4.4%; adds 7.6 lakh shares RNRL up 3.4%; adds 20.4 lakh shares SBI up 3.4%; adds 5.3 lakh shares

Source: moneycontrol.com

Markets Today

Markets Snapshot
Markets lose most of the days gains in last hour of trade
Sensex ends up 72 pts at 13526; off nearly 270 pts from the day's high
Nifty ends up 14 pts at 4030; off 85 pts from the day's high
BSE Small-Cap Index up 2.2%; CNX Midcap Index up 0.8%
Reliance Ind led to downfall from day's high; stock slips nearly 5% from day's high
Oil & Gas stocks slip on news of imposition of windfall gains tax on private oil cos; Cairn India down 5.4%; Reliance down 3.3%;
Aviations stocks active on M&A buzz in the sector: Deccan Aviation up 24%, SpiceJet up 22%
BSE FMCG Index up 2.75%; HUL, ITC up nearly 4%
BSE IT Sector Index up 2.64% ahead of Infosys earnigs this Friday; Satyam up 4.4%; Financial
Technologies up 4.2%; Wipro up 3.5%
Bankex surged 1.24% at 5,892.79 on the back of buying in SBI, Kotak Mahindra, Bank of India, IDBI Bank, Oriental Bank, Bank of Baroda and Karnataka Bank.
BSE Auto Index up 2.2%; Maruti up 4.4%; M&M up 4%
BSE Metals Index up 1.8%; Jindal Steel up 4.5%; Hindalco up 2.8%; Tata Steel up 1.8%; SAIL up 1.7%
Index Gainers: Siemens up 6.4%; GAIL up 4.6%; SBI up 4.2%; ACC up 4.2%
Index Losers: Reliance Comm down 3.9%; RPL down 2.9%; Zee Ent down 2.22%
Other Gainers: HMT Ltd 14.4%, DCW up 12%, SREI Infra 11.5%
NSE Advance Decline at 3:1
Total F&O turnover at Rs 44,635 cr Vs Rs 44,222cr
Total market turnover at 61,829 cr Vs Rs 62,387 cr yesterday
F&O Snapshot
Nifty futures sees fresh short buildup; discount widens to 54 points
Oil & Gas stocks like Reliance, Cairn & RPL sees short build up
Sugar stocks like Bajaj Hind, Balrampur chini, Shree renuka sees short build up
IT Stocks sees fresh long build up
NSE F&O turnover at Rs 44635 cr
Optons ActivityHugh build up in Nifty 4000 put (Nearly 49%)Out of the money call option sees unwindingNifty 4000 put adds 13.2 lakh sharesNifty 4400 call sheds 7.7 lakh sharesNifty 4300 call sheds 4.2 lakh shares
Star Trade: Deccan Air up 20.3%; adds 1.6 lakh shares
Fresh Shorts: RPL dn 3.3%; adds 19.7 lakh dn 6.5%; adds 9.4 lakh shares Reliance dn 4.1%; adds 4.1 lakh shares Bajaj Hind dn 7.5%; adds 4.4 lakh shares
Short Covering: IFCI up 4.9%; sheds 10.7 lakh shares Nagarjuna Const up 7.4%; sheds 3.3 lakh shares JP Asso up 4.4%; sheds 3.2 lakh shares
Fresh Long: Siemens up 6.5%; adds 1.2 lakh shares Satyam up 3.6%; adds 6 lakh shares SBI up 3.9%; adds 3.2 lakh shares
Source: moneycontrol.com

Markets Today

Markets Snapshot
Markets end near days' high; shrugs inflation at 11.63% Vs 11.42% last week 
Sensex ends up 360 pts at 13454; gains 2.75% 
Nifty ends up 90 pts at 4016; gains 2.3%  
CNX Midcap Index up 2.58% ;BSE Small-cap Index up 1.58% 
All BSE Sectoral Indices except the BSE Metals Index end in the green 
BSE Realty recovers losses; gains 8%; DLF up 8.5%;Unitech up 8%; Indiabulls Real Estate 7.8% 
BSE Capital Goods Index up 7%; Punj Lloyd up 14%, Siemens up 11%; BHEL up 7%; L&T up 6.7% 
BSE Bank Index up 3%; Kotak Mahindra Bank up 5%; Axis Bank up 3.5%; HDFC up 6%; ICICI up 5.5%  
BSE Metals Index down 0.6%; Tata Steel down 2.7%, Sterlite down 2.6% 
ADAG Group stocks gain; Reliance Cap up 12.5%; Reliance Comm up 12.1%; RNRL up 8.5%; Adlabs up 6.8% 
Index Gainers: Tata Power recovers, gains 9.8%; Suzlon Energy up 7%; Ranbaxy up 4.7%; Ambuja Cement up 4.5%  
Index Losers: Sun Pharma down 4.3%; GAIL down 2.7%; Cairn India down 2.2% 
New listing : ArchidPly loses 31.5% on listing day; closes at Rs 50.7 Vs listing price of Rs 74 
NSE Advance Decline at 2.5 : 1 
Total F&O turnover at Rs 44,222 cr Vs Rs 51,604 cr  
Total market turnover at Rs 62,387 cr Vs Rs 70,067 cr yesterday 
Gainers
KS Oils 15.8%
Godrej Industries up 14.4%
Ansal Properties up 14%
Alstom Projects 13% 
Infra / Realty Buzzers
HDIL up 12.7%
HCC up 12%
Jaiprakash Associates up 11%
J Kumar Infra up 12%
Simplex Infra up 17%

F&O Snapshot
Shorts still remain in Nifty Fut; adds 34.8 lakh shares in OI 
Stock specific long build up seen in today's trade 
Cap Goods, Realty & Infra stock sees fresh long build up 
Select Momemtum stock sees long build up 
Short Covering:
IDFC up 9.2%; sheds 1.8 lakh shares
Rel Comm up 12.3%; sheds 1.9 lakh shares
Ranbaxy up 5.2%; sheds 6.6 lakh shares 
Fresh Longs:
Punj Lloyd up 14.7%; adds 4.88 lakh shares
Siemens up 13.1%; adds 1.9 lakh shares
Rel Cap up 13%; adds 4.3 lakh shares
Siemens up 13.1%; adds 1.9 lakh shares
Essar Oil up 9.7%; adds 10.2 lakh shares
Triveni up 9.5%; adds 2.6 lakh shares
Others: Nagar Const, I-flex, RPower, RNRL
Source: moneycontrol.com

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

Source: moneycontrol.com

Markets Snapshot
Markets end near days high on tripple witching day
Strenghth seen in Nifty, Sensex; Midcap Index end in the red
Market held on back of Reliance Ind
Sensex ends up 201.7 pts at 14422; Nifty ends up 63.2 pts at 4316
CNX Midcap Index ends down 0.62%; BSE Smallcap Index up 1%
BSE Oil & Gas Index up 2.8%; RIL up 4.85%, RPL up 2.2%
BSE IT Index up 2%; Wipro up 6.3%, Satyam up 3%, Infy up 2.2%
Index Gainers; Tata Comm up 9.3%, Ambuja Cem up 7%, Power Grid up 5.7%, Cipla up 4.2%, HDFC up 3.2%'
Index Losers; Hindalco, R Comm, Maruti down nearly 2.5%, Ranbaxy down 2.1%
NSE Advance Decline at 7:5
Total market turnover at Rs 1 lakh cr Vs Rs 98568 cr on Friday
F&O turnover at Rs 79103 cr Vs Rs 81000 cr on Tuesday
Small-cap Buzzers
Ray Ban - Ray Ban India may delist, receives proposal from minority shareholders. At present, Ray Ban Indian Holdings Inc.holds 70.54% of the fully paid-up capital of the Company
Atlas Copco Stock down 10%Defers buy back decision
Kaveri TelecomStock down 20%Q4 Net profit at Rs 3.1 cr Vs Rs 6.1 (QoQ)Q4 Net Sales at Rs 38.6 cr Vs Rs 43 cr
LG BrosRenold to acquire Industrial Chain Biz of LG Balakrishnan For 5.7 m Pounds
Rane Engines: recent re-listingRe-listing price at Rs 275 on June 24
Madras FertSubmits Financial Restructuring package to govt
SpiceMarket believes that Spice group will pump more money in Spice Mobile
F&O Snapshot
NIfty July futures end at 65.85 pts discount; add 1 cr shares in OI Nifty Rollover at 72% Vs 66% in May series
Marketwide rollover at 80% Vs 82% in May series
Aggressive short rollover seen in Nifty futures; cost of rollover expanded in the last half an hour
Low rollover seen in stock futures as some investors not ready to pay rollover cost to next series
Fertilizers stock sees fresh long build-ups after new policy announcement
Momentum Stocks Ispat down 2.3%; add 1.5 cr shares in July seriesIFCI down 4.3%; add 1.38 cr shares in July seriesTTML down 3%; add 1.2 cr shares in July seriesRNRL down 3.4%; add 88 lakh shares in July series
Options : Nifty July 4300 call adds 25.5 lakh shares Nifty July 4400 call adds 22.5 lakh shares Nifty July 4000 put adds 25.3 lakh shares Nifty July 4100 put adds 24.5 lakh shares
Rollover Analysis-Cement, Metal & Banking stocks continue to witness strong rollovers -Auto and Oil & Gas have seen a good spurt in rollover -Rollovers in Chemical and Pharma remain weak-Lowest rollover seen in IVR Prime (55%), Crompton Greaves (55%), Matrix (57%), Divi's (59%), United Phosphorus (60%)-Highest rollover seen in Ultratcech (95%), Syndicate Bank (90%), OBC (89%), Sobha (84%), Hindalco, Tata Comm (82%), L&T, SAIL (80%)

Source: moneycontrol.com

Markets Today

Markets Snapshot
Markets end at day's high led by short covering
Sensex ends up 113.5 pts at 14220; recovers nearly 500 pts from day's low
Nifty ends up 61.5 pts at 4,252.6; recovers nearly 160 pts from day's low
Nifty slips below 4,100 during the opening trade
CNX Midcap Index ends up 0.8%, BSE Small-cap Index up 0.7%
BSE Metal, Oil & Gas Indices up nearly 3%, BSE Realty Index up 2.15%
Deal of the day: Idea to acquire 40.8% stake in Spice Comm at Rs 77.3/sh
Telecom Buzzers; Spice Comm up 33%, R Comm up 7.3%, Bharti up 3.9%, Tata Comm up 4.1%
Realty Buzzers; Unitech up 7.9%, DLF up 4.3%
Index Gainers; Tata Steel up 4.4%, Reliance Infra up 4.1%, RIL up 3.5%, TCS up 3.8%
Stocks under pressure; Indiabulls Real down 7.4%, Panacea Biotec down 7.5%, OCL India down 8%
NSE Advance Decline at 7:5
Total F&O turnover at Rs 81,000 cr; highest since Jan 21, 2008
Total market turnover at Rs 98568 cr Vs Rs 87406 cr cr on Tuesday
F&O turnover at Rs 81000 cr Vs Rs 70250 cr on Tuesday
Buzzers-LG Bros up 20%; Renold to acquire Industrial Chain Biz Of~LG Balakrishnan For 5.7 m Pounds-Niraj Cem up 20%; Recent listing-GHCL up 10%; Dow Chem to increase prices by another 25% in July-Spice up 17.2%; market believes that Spice group will pump more money in Spice Mobile -Sasken Comm, HOEC, BOI, Punj Lloyd, Shree Renuka, Rel Cap
F&O Snapshot
Nifty rollover at 53%, Market wide at 53%
Short covering seen in the Nifty futures
Nifty June at 8 pts discount Vs 19 pts disc in the morning
July futures at 42 pts disc Vs 50.7 pts disc in the morning
Cement and construction continued to witness strong rollovers
Options: Nifty 4200 July call adds 12.9 lakh shares Nifty 4300 July call adds 10.3 lakh shares Nifty 4000 July put adds 6.8 lakh shares
Star Trade: Sasken up 14%; adds 2.4 lakh shares in July
Fresh Longs: Hind Oil up 9%; adds 12 lakh shares in July Century Text up 9.3%; adds 5.5 lakh shares in July Bombay Deying up 8.4%; adds 2.1 lakh shares in July Essar Oil up 4.3%; adds 8.6 lakh shares in July Reliance Ind up 3.5%; adds 16.7 lakhs shares in July Tata Steel up 3.8%; adds 21.9 lakh shares in JulyRPL up 4.5%; adds 1.1 cr shares in July SAIL up 3.2%; adds 55 lakh shares in July
Short Covering: Bank of India up 8.5%; sheds 1.7 lakh shares in July
Fresh Short : Oriental Bank dn 6%; adds 3.3 lakh shares in JulyYes Bank dn 4.5%; adds 6.6 lakh shares in July

Source: moneycontrol.com

Market's Today Summary

Markets Snapshot
Markets slide during the mid of the day on European jitters; US Fed decision announcement tomorrow
Sensex ends down 187 pts at 14106.58; slips below 14,000 for the 1st time since Aug 21, 2007 during the day
Nifty ends down 75.3 pts at 4191; closes below 4,200 for 1st time since Aug 24, 2007
CNX Midcap Index down 1.65%, BSE Small-cap Index down 1.8%
All BSE sectoral indices end in the red
BSE Metal Index down 3.5%; Nalco down 9%, Sterlite down 5.2%, Tata Steel down 4.65%
BSE FMCG Index down 2.5%; HUL down 5.4%, ITC down 2%
Index losers; Sun Pharma down 6.7%, Tata Power down 6.25%, Siemens down 5.3%, L&T down 4%
Biggest Losers; ONGC down 3.5%, NTPC down 4%, Infy down 2.8%
Siemens, L&T, Tata Comm, HDFC Bank, MUL, M&M hit news 2008 lows
Re-listing: Rane Engine closes at Rs 146 Vs re-listing price at Rs 275
Losers; Radico Khaitan down 12.6%, C&C Cons down 10.7%, Adani Ent down 9.8%, Educomp down 9.4%, Welspun Guj, Wockhardt down 8%
NSE Advance Decline at 1:3
Total market turnover at Rs 87406 cr Vs Rs 83165 cr on Monday
F&O turnover at Rs 70250 cr Vs Rs 66917 cr on Monday
F&O Snapshot
Nifty Rollover at 39%; Market wide rollover at 38%
Nifty Futures sees fresh short build up in today’s trade
Nifty July discount widens to 50 point in intraday trade
Options:Nifty 4100 put adds 9.1 lakh sharesNifty 4200 put adds 2 lakh sharesNifty 4300 call adds 2.9 lakh sharesNifty 4500 call adds 1.7 lakh shares
Star Trade: Nalco dn 11.3%; adds 9.1 lakh shares in July series
Fresh Shorts : WWIL dn 8.7%; adds 10.8 lakh shares in July series Welspun Guj dn 8.7%; adds 8.7 lakh shares in July series HUL dn 7.8%; adds 16.4 lakh shares in July series R Power dn 7%; adds 13.4 lakh shares in July series Tata Steel dn 6.7%; adds 12 lakh shares in July series NTPC dn 6.5%; adds 35 lakh shares in July series
Roll Overs: India cement 63% Bank of Baroda 63% Bank of India 55% Hindalco 54% PNB 53%Grasim 53% Hdfc Bank 51% Unitech 49% SBI 49%

Source: moneycontrol.com

Markets Today

Markets witnessed sharp sell off for fifth consecutive trading session on the back of heavy selling from foreign investors, especially European investors. It seemed like bears become uncontrollable for bulls. Sensex and Nifty have touched new 2008 lows; Nifty slipped below 4200 and the Sensex below 14000 mark, the crucial levels. Heavy sell off in European markets also fueled to further weakness in the markets. Midcap and small cap stocks also hammered a lot.
It was a mild bounce back in opening trade after heavy sell off in last few sessions but that could not sustain for long. Markets had turned choppy and in the second half of session, it caught again in bears' grip. Last hour of session was very critical for the markets; heavy sell off has seen across sectors.
Reliance Industries was the only stock, which tried to hold back in the green and being supportive for the whole markets but crack in other heavyweights have put more selling pressure. The stock has touched a high of 2133.70 (5.5% over previous close) before closing the day at Rs 2066.20, up 2.18%.
Both indices closed at new 2008 lows. The Nifty ended below 4,200 for the first time since August 24, 2007, even the Sensex breached psychological level of 14000 in the last five minutes of trade but managed to back above that level at close. The Nifty touched a low 4156.10 before ending at 4191.10, down 1.76% or 75.3 points. The Sensex finished at 14,106.58, down 186.74 points or 1.31% after hitting an intraday low 13,991.31.
Turnover traded by the markets stood at Rs 87406.31 crore, which has been improving since last few sessions. This includes Rs 11760.63 crore from NSE Cash segment, Rs 70250.13 crore from NSE F&O and the balance Rs 5395.55 crore from BSE Cash segment.
Market breadth was weak; about 783 shares have advanced while 2064 shares declined. Nearly 280 shares have unchanged.
Amongst frontliners, NALCO was down -9.09%, Sun Pharma -6.77%, Tata Power -6.25%, HUL -5.37%, Tata Steel -4.60%, NTPC -3.92% and ONGC -3.61% while Suzlon Energy gained 5.09%, BHEL 2.85%, Ranbaxy Labs 2.33%, HDFC 2.28% and Reliance Ind 2.18%.
Metal Index has underperformed other indices, down 3.52% or 487.51 at 13,368.82 due to heavy selling in NALCO, Sterlite Ind, Tata Steel, Jindal Steel, Hindalco and Sesa Goa.
FMCG stocks remained under selling pressure through the day, which includes Marico, HUL, Dabur India, ITC, Nestle and Colgate. Index fell 2.54% at 2,146.63.
BSE IT Index plunged 2.17% at 4,141.51 on the back of weakness in Infosys, Tech Mahindra, Mphasis, Wipro, HCL Tech, TCS and Satyam.
Auto stocks like Bajaj Auto, Hind Motors, Hero Honda, M&M, Ashok Leyland, Maruti Suzuki and Tata Motors lost the road. Index was down 2.06% at 3,842.77.
Banking stocks like Allahabad Bank, Kotak Mahindra, HDFC Bank, Axis Bank, Oriental Bank and ICICI Bank were also draggers for the markets. Bankex slid by 130.92 points or 1.97% at 6,499.66.
Realty Index crashed by 1.72% at 5,098.44, which led by selling in Orbit Corporation, Mahindra Life, HDIL, Omaxe, Indiabulls Real and DLF.
Power stocks like Tata Power, Reliance Power, NTPC, Power Grid Corp, GVK Power, Torrent Power, GMR Infra and Reliance Infra lost ground. Index fell 1.64% at 2,398.09.
Capital Goods Index was down 157.41 points or 1.46% at 10,639.60 due to sell off in Siemens, Rel Ind Infra, Bharat Elec, L&T, BEML, Bharat Bijlee and Thermax. However, buying has seen in Suzlon Energy, BHEL and Alstom Projects.
Pharma stocks also butchered, which includes Wockhardt, Sun Pharma, Piramal Health, Orchid Chemical, Matrix Lab and Lupin. Index plunged 1.29% at 4,165.61. On the other hand, Panacea Biotech, Ranbaxy Labs, Cadila Health, Dr Reddy's Labs and Dishman Pharma have gained.
Oil & Gas Index ended with just 0.28% at 9,146.43. Selling has seen in GAIL, RNRL, ONGC, Petronet LNG, Cairn India, Essar Oil, IOC, BPCL and HPCL. However, Reliance Industries gained.
Midcap Index fell 1.76% or 102.49 points at 5,712.74 and the Small Cap Index down by 129.88 points or 1.82% at 7,006.42. Amongst midcap stocks, Educomp Sol, Spice Comm, Welspun Guj, Wockhardt, Phoenix Mills, Bajaj Holdings, Adhunik Metalik and BGR Energy slipped over 7%.
In the small cap segment, Simplex Project, Bliss GVS, Radico Khaitan, C and C Const, Surana Ind, Andhra Cemen, EIH Assoc Hotel, Mukta Arts and Kirloskar Pneum lost over 9%.
Most active counters on the bourses were Reliance Ind, Reliance Communication, L&T, Reliance Infrastructure, Reliance Petroleum and BHEL.
On the global front, Asian markets ended mixed. Shanghai was up 1.54%, Jakarta 0.11% while Taiwan Weighted fell -1.76%, Kospi -0.3%, Hang Seng -1.14% and Nikkei -0.06%. European markets crashed.

Source: moneycontrol.com

Markets Today

Inflation in double digit has bruised the markets very badly; the Sensex lost over 500 points. Blood-thirsty bears marched harshly on bulls and remained active through the day. The Sensex and Nifty hit new 2008 lows; it was lowest closing for both indices since August 2007. Indices of rate sensitive sectors like Bankex, Realty and Auto also touched new 2008 low. Advance:Decline ratio was pathetic. All BSE indices battered severely. Experts say that RBI will have to use monetary tools to contain inflation.
Inflation Internals
Fuel, power, lubricants 7.80%
ATF prices 14%
Diesel 21%
LPG 20%
Naptha 17%
Furnace Oil 15%
Food articles -1.10%
Non-food articles 1.40%
Manufactured pdts 0.30%
Edible Oil Major Gainer
Sunflower oil 6%
Groundnut 3%
Soybean/vanaspati 2%
Mustard seed 4%
Wholesale Price Index for the week ended June 7 stood at 11.05% as against 8.75% in earlier week. This is way above markets' estimation, which was expected around 9.93%. It is at 13-year high; last time inflation touched a high of 11-11% in May 1995. Inflation for April revised to 7.95% versus 7.33% earlier.
Oil price hike, which declared on June 4, 2008, was the main reason behind this higher inflation. Commerce Secretary says that they see high inflation for next 2 months and will consider food grain, vegetable price control to contain inflation.

Finance Minister says, "Rise in inflation was expected and we will have to look at stronger steps on fiscal, monetary side. Hike in petrol price is unavoidable."
Analysts feel that fuel price hike has not fully reflected in inflation numbers. It will see more impact in the next few weeks. They expect that the RBI will hike CRR or Repo rate before Monetary Policy. It will affect growth in infrastructure sectors as capital availability become scare, squeeze banks margin and impact on auto sales.
Moody's says, "RBI looks set to further tighten Monetary Policy and not to wait until next formal review. Inflation and tightening monetary policy will weigh on investor sentiment."
Broader indices have shattered completely and hit new 2008 lows again in just 10 days after June 10. The Sensex and Nifty hit new 2008 lows of 14,519.27 and 4333.60, which broken earlier lows of 14645.3 and 4369.8. Volumes were very high today; total turnover traded by the markets stood at Rs 85088.58 crore. This includes Rs 21056.2 crore from NSE Cash segment, Rs 58533.66 crore from NSE F&O and the balance Rs 5498.72 crore from BSE Cash segment.
The Sensex crashed nearly 569 points and the Nifty 171 points while touching day's low. The Sensex closed at 14,571.29, down 516.70 points or 3.42% and the Nifty at 4347.55, down 156.7 points or 3.48%. All BSE and NSE indices closed in red. ONGC is the only stock, remained strong through the day.
Amongst frontliners, Zee Entertainment was down -8.45%, Reliance Communication -6.68%, Reliance Ind -6.63%, Hindalco -6.39% and Jaiprakash Associates -6.03% while ONGC was up 1.56%.
Market breadth was weak; about 514 shares have advanced while 2328 shares declined. Nearly 284 shares remained unchanged.
Realty Index was the worst hit and hit new 2008 low. Index fell by 250.79 points or 4.45% at 5,383.81 due to huge selling in HDIL, Akruti City, Sobha Developers, Parsvnath, Indiabulls Real, DLF, Omaxe and Unitech.
Metal stocks like NALCO, Hindalco, Tata Steel, Sesa Goa, Jindal Steel, SAIL and Sterlite Ind lost shine. Index was down 603.80 points or 3.99% at 14,528.06.
Bankex lost 208.40 or 2.97% to settle at 6,804.78. Major losers were Bank of India, Bank of Baroda, IOB, SBI, Union Bank, Kotak Mahindra, ICICI Bank and HDFC Bank. Deutsche Bank says, "We see another 1/2 quarter of double-digit inflation and more RBI tightening."
Oil & Gas stocks took huge beating; Index fell 5.03% or 498.96 points at 9,419.89 as selling pressure seen in RNRL, Essar Oil, Reliance Ind, Cairn, GAIL and BPCL. Reliance Industries has hit new 2008 low and closed down by 6.63% at 2,099.20.
FMCG Index went down 2.51% at 2,234.23 on the back of weakness in GSK Consumer, United Breweries, Colgate, HUL, ITC, Marico and Dabur India.
Power stocks like Torrent Power, Reliance Infra, Reliance Power, Power Grid Corp, Tata Power, NTPC, CESC and Suzlon Energy have lost ground. Index plunged 2.5% at 2,539.84.
Auto stocks like TVS Motor, Bharat Forge, Hero Honda, Ashok Leyland, Tata Motors, Maruti Suzuki and Punj Tractors lost the road. Index was down 101.27 points or 2.44% at 4,042.86. Ashok Leyland says that such high inflation may result in incresae in interst rates; CRR hike will affect the CV industry and overall industry.
IT Index also caught into bears' grip, lost 101.28 points or 2.35% at 4,204.62. Major losers were Satyam, Patni Computer, Tech Mahindra, Wipro, TCS, HCL Tech and Infosys. S Gopalakrishnan of Infosys says that higher inflation will increase the cost of doing business.
Capital Goods stocks also hammered a lot. This includes Gammon India, Praj Industries, Siemens, Rel Ind Infra, Crompton Greaves, Punj Lloyd, BEML, Bharat Elec, ABB, L&T and BHEL. Index fell 267.90 points or 2.3% at 11,399.79. Lanco Infratech says that Inflation concerns are in the direction of interest rates and rising rates will be a concern for the infrastructure sector as a whole. They see hardening of interest rates by 50 bps from now.
Pharma stocks like Piramal Healthcare, Sun Pharma Adv, Aurobindo Pharma, Matrix Labs, Biocon, Dr Reddy's Labs, Wockhardt, Cipla and Ranbaxy Labs lost ground. Index fell 101.52 points or 2.29% at 4,325.40.
Midcap Index slipped 3.17% or 197.74 points at 6,032.43. Amongst midcap stocks, UB Holdings, Gammon India, Rajesh Exports, Corporation Bank, National Fert, BGR Energy, IFCI, Akruti City, Piramal Healthcare, Walchandnagar, Torrent Pharma, Deccan Aviation and Usha Martin were down over 7%.
In the small cap segment, Sical Logistics, OCL India, ETC Networks, Rain Commodities, Suprajit Eng, Hind Nat Glass, English Ind Cla, Arrow Webtex, Tata Metaliks, Automotive Axle, Zenotech Labs, Gayatri Project and Panchmahal Stee crashed over 9%. Small Cap index fell 262.76 points or 3.43% at 7,397.66.
Most active counters on the bourses were Reliance Industries, L&T, Reliance Comm, Ranbaxy Labs, ICICI Bank and HDFC.
On weekly basis, the markets smashed out cruelly. Sensex plunged 4% and the Nifty 3.7%; respective indices slipped nearly 1200 points and 325 points from weekly highs. BSE Capital Goods, Oil & Gas, Realty and Metal Indices were down 5%. Reliance Industries lost -7.5%, Bharti Airtel -6%, Reliance Communication -9.5%, TCS -5% and DLF -4.5%.
On the global front, Asian markets ended mixed; Nikkei was down -1.33%, Taiwan Weighted -1.8%, Hang Seng -0.23% and Kospi -0.56% while Shanghai was up 3.01% and Straits Times 0.31%. European markets were trading flat, at the time of writing market report.

Source: moneycontrol.com

Markets Today

Markets Snapshot
Markets slide in the 2nd part of day on back of European jitters
Reports that Royal Bank of Scotland analysts are telling clients to prepare for a crash in world stock & credit markets during the next 3 months
Sensex ends down 275 pts at 15422; Nifty ends down 70.6 pts at 4582.4
CNX Midcap Index down 1%, BSE Small-cap Index ends flat
BSE Bank Index down 3.5%; ICICI Bank down 4.1%, HDFC Bank down 3.7%
BSE Realty Index down 3.5%; DLF, Unitech down 3%
Index Losers; HCL Tech down 4.5%, Tata Steel down 3.3%, L&T down 3.2%, Tata Comm down 3%
Index Gainers; Ambuja Cem up 3.7%, Zee Ent up 3.4%, Ranbaxy up 2.7%
Buzzers; SRF up 10.3%, Cambrideg Sol up 20%, Andrew Yule up 20%, PTC India up 5.5%
Media Buzzers; NDTV up 11.5%, Raj TV up 11.9%, Midday up 9.5%, TV Today up 14.5%
Losers; Bank of Mah down 6.5%, Vaibhav Gems down 7.1%, Ibulls Real down 6.5%, Unichem Lab down 8.5%
NSE Advance Decline at 5:7
Total market turnover at Rs 65956 cr Vs Rs 58912 cr on Tuesday
F&O turnover at Rs 47440 cr Vs Rs 42624 cr on Tuesday
F&O Snapshot
Nifty Fut sees short rollover; June trades at 10-20 point discounts
Nifty Fut July at 25 point discount
Unwinding seen in Momentum stocks in latter half
Fertilizer stocks see long unwinding
Cement stocks sees fresh long build up
Star Trade: NDTV up 11.65 ; adds 1.5 lakh shares Ambuja Cem up 4.2%; adds 15.7 lakh shares
Fresh Shorts:IFCI dn 4.8%; 12.9 lakh shares Unitech dn 3.6 %; adds 9.9 lakh shares SAIL dn 3.6 %; adds 8.9 lakh shares ICICI Bank dn 4.1 %; adds 7.4 lakh shares DLF dn 3.4%; adds 6.9 lakh shares
Long Unwinding:Nagarjuna Fert dn 4.8%; sheds 12 lakh shares Chambal Fert dn 4.4%; sheds 12 lakh shares Praj dn 4.85; sheds 12 lakh shares
Long Build up:Ranbaxy up 2.5%; adds 6.5 lakh shares Zee Ent up 3.5%; adds 5.5 lakh shares
Roll Overs pick Up: NDTV 53% IDBI 19% Power Grid 16% NTPC 15%Unitech 14% Ranbaxy 14%

Source: moneycontrol.com

Markets Today

Markets Snapshot
Markets end near day's high led by banking & real estate stocks
Sensex ends up 300 pts at 15697; NIfty ends up 80.5 pts at 4653
CNX Midcap Index up 2%, BSE Small-cap Index up 1.46%, NIfty Junior up 3.6%
All BSE Sectotal Indices end in the green
BSE Bank Index up 4.3%; HDFC Bank up 5.6%, SBI up 4.6%, ICICI Bank up 2.9%
BSE Realty Index up 3.9%; Unitech up 4.2%, DLF up 3.12%
Index Gainers; HDFC up 6.3%, MUL up 5.35, ONGC up 4.5%, L&T up 4%, Power Grid up 3%, RIL up 2.2%
Bank Stocks: Bank of Mah up 16.5%, IOB up 8.5%, Axis Bank up 8%, Kotak Mah Bank up 7.5%, BOI up 6.2%
Midcap Buzzers: Sasken Comm up 14.3%, Bank of Mah up 16.5%, Unichem Lab up 17.9%, Gwalior Chem up 10%
Stocks locked at 20% circuit: Transwarranty Fin, Vaibhav Gems, Raj TV, Torrent Pharma, Atlas Copco, Salora Int
NSE Advance Decline at 3:1
Total market turnover at Rs 58912 cr Vs Rs 55401 cr on Monday
F&O turnover at Rs 42624 cr Vs Rs 40167 cr on Monday
F&O Snapshot
Nifty futures discount at 14 pts Vs 2 pts yesterday; add 41.7 lakh shares in OI
Build up of long positions seen in real estate, bank and momentum stocks
Action seen in single stocks futures; traders continue to hedge their positions by taking short positions on NIfty
Options : Nifty 4600 call adds 10 lakh sharesNifty 4600 put adds 6.9 lakh sharesNifty 4700 put adds 1.9 lakh sharesNifty 4500 call sheds 1.8 lakh shares Nifty 4800 put sheds 1.7 lakh shares
Long Buildup: RPL up 3%; add 25.7 lakh shares in OI RNRL up 2.5%; add 22.5 lakh shares in OI Suzlon up 1.3%; add 16.5 lakh shares in OI Ranbaxy up 3.55; add 11.5 lakh shares in OI SAIL up 2.5%; add 10.5 lakh shares in OI SBI up 4%; add 3.5 lakh shares in OI Unitech up 5.2%; add 3.3 lakh shares in OI Shree Renuak up 8.5%; add 3.1 lakh shares in OI
Short Covering: GMR Infra up 3.2%; shed 5.6 lakh shares in OIIDFC up 4.1%; shed 2.3 lakh shares in OIDLF up 3.2%; shed 1.3 lakh shares in OIIDBI up 6.2%; shed 1.3 lakh shares in OI

Source: moneycontrol.com

Markets Today

Markets Snapshot
Markets off day's high in last hour of trade but manage to end with modest gains
Sensex ends up 206 pts at 15396; off nearly 150 pts from day's high
Nifty ends up 55.5 pts at 4572.5; off nearly 40 pts from day's high
CNX Midcap Index up 1%, BSE Small-cap Index up 1.15%
Bank, Realty stocks made a comeback from recent lows
BSE Realty Index up 3.5%; Unitech up 5.9%, DLF up 2.5%
BSE Bank Index up 2.8%; PNB, ICICI Bank up 4.2%, HDFC Bank up 2.4%
Index Gainers; Tata Power up 4%, Rel Infra up 3.8%, BPCL up 3.7%, Tata Comm up 3.6%
Sugar & fertliser stocks buzz in small-cap and midcap space
Buzzers; NFL up 10%, Balrampur Chini up 5.7%, Shree Renuka Sugar up 4.7%
Realty Stocks: IBulls Real Estate up 6.7%, HDIL up 3.7%, Kolte Patil up 2.3%
NSE Advance Decline at 2.5:1
Total market turnover at Rs 55401 cr Vs Rs 58736 cr on Friday
F&O turnover at Rs 40167 cr Vs Rs 41003 cr on Friday
Buzzers
Hind Rectifiers: board meet on June 24 to consider the issue of bonus shares
Atlas Copco board meet on June 25 to mull buyback
F&O Snapshot
Nifty Future discount narrowed down to 7 pts Vs 30 pts on Friday
Private Banks sees fresh long buildup
Fertilizers stock sees long unwinding
Options: Nifty 4800 put sheds 7 lakh shares, Nifty 4600 put adds 5.1 lakh shares, Nifty 4700 put adds 2.8 lakh shares
Star Trade:Welspun Guj up 9.8%; adds 2.3 lakh sharesPower Grid up 6.6%; sheds 17.7 lakh shares
Short Covering :Power Grid up 6.6%; sheds 17.7 lakh shares Ntpc up 3.8%; sheds 7.1 lakh sharesSail up 2.2%; sheds 3.7 lakh shares Balrampur Chini up 5%; sheds 1.2 lakh shares
Fresh Long:Gmr Infra up 3.4%; adds 10.9 lakh sharesEssar Oil up 3.6%; adds 6.3 lakh shares Icici Bank up 4.8%; adds 5.5 lakh sharesPraj up 4.5%; adds 5.2 lakh sharesJsw Steel up 5.6%; adds 1 lakh shares

Source: moneycontrol.com

Markets Today

Markets Snapshot
Markets end in the red amid volatile day of trade.
Inflation for week ended May 31 at 8.75% Vs 8.24%
Sensex ends down 60.5 pts at 15189; NIfty ends down 22.2 pts at 4517
CNX Midcap Index down 0.22%, BSE Small-cap Index up 0.74%
Realty Index continues to drag; index down 2.5%; DLF down 3.5%, Unitech down 0.7%
BSE Metal Index down 2%; Sterlite down 4.1%, SAIL down 2.15%
Index losers; Tata Comm down 5.2%, Tata Power down 4.5%, Suzlon down 3.9%
BSE Healthcare Index up 1.2%; Ranbaxy up 4.2%, DRL up 3.5%
Buzzers; GHCL up 13.2%, Asian Elec up 10.5%, NFL up 20%, Sintex up 11%, Vaibhav Gems up 20%
Fertliser stocks: Chambal fert up 9.5%, Madras Fert up 9%, RCF up 5%
Losers; Indiabulls Real Estate down 5.5%, RPG Life down 8.5%, Bajaj Auto Fin down 12.4%
Total market turnover at Rs 58736 cr Vs Rs 72145 cr yesterday
F&O turnover at Rs 41003 cr Vs Rs 52334 cr yesterday
F&O Snapshot
Nifty futures continue to witness short build-up; discount widens to 35 poitnts
Large cap like SAIL, DLF, HDFC bk continue short build-up
ranbaxy witness shoryt covering coupled with soem speculative buying
Fertilisers sees fresh long build-up
Options: Nifty 4400 put adds 2.7 lakh shares, Nifty 4600 call adds 3.1 lakh shares
Star Trade:Chambal Fert up 8%; adds 65 lakh shares ( 70%)
Long Unwinding:Rnrl dn 4.7%; sheds 10.5 lakh sharesIfci dn 4.7%; sheds 10.7 lakh shares
Long Build Up:Chambal Fert up 8%; adds 65 lakh shares ( 70%)Hotel Leela up 4.1%; adds 3.9 lakh sharesOthers : Naga Fert, Ongc , JPA , DCB, Indus Ind,
Short Covering:Ranbaxy up 4.3%; sheds 7.2 lakh sharesOthers : Idfc, Punj Lloyd
Fresh Short:Sail dn 3%; adds 15.6 lakh sharesDlf dn 4.2%; adds 9.5 lakh sharesHdfc bank dn 3.8%; adds 1.9 lakh sharesSuzlon dn 4%; adds 11.6 lakh sharesOthers : Tata Comm, Gmr Infra, Sterlite Ind, SBI, Jsw Steel
Markets This Week
Sensex, Nifty down 2.5% each
Sensex recovers nearly 500 points from week's low of 14,645.3
CNX Midcap, BSE Small Cap Indices down over 1.5% each
BSE IT Index down 5.5%; TCS, Infosys & Satyam down 6% each
BSE Realty Index down 9%; DLF down 7%, Unitech down 8.5%
Index Losers: Suzlon down 12.5%, Tata Comm down 12%, ONGC, HDFC down 10%, JP Assoc down 11%
Index Gainers: Ranbaxy up 12% at Rs 567, Daiichi to buy promoter stake at Rs 737/sh
Index Gainers: BHEL up 9.5%, RPL up 7.5%, DRL up 4.5%, NALCO up 4%
Midcap Gainers: GHCL up 42%, Aurobindo Pharma up 17%, Chambal Fert up 13%
Midcap Gainers: Fortis Healthcare up 15%, Nagarjuna Fert up 10%
Source: moneycontrol.com

Markets Today

It was a strong pullback rally for the markets through the day after last few sluggish sessions. Huge buying seen in realty, banking, capital goods, power, technology, oil, pharma and metal stocks after got beaten down heavily for the last few days. Global cues have not played a much role today. The Sensex has remained above 15000 mark in an intraday trade. The Nifty had hovered around 4500 during the day but managed to close above that mark.
Ranbaxy Laboratries was one of the top traded counter among Reliance Industries, DLF, BHEL and Bharti Airtel as Ranbaxy has entered into big deal with Japanese pharmaceutical company, Daiichi Sankyo, which agreed to buy entire 35% stake of Promoters in the Ranbaxy. Daiichi is aiming to increase stake to 50.1%. The deal will close by March 2009. After this deal, Daiichi will make open offer at Rs 737 per share.
The Sensex closed at 15,185.32, up 1.99% or 296.07 points after hitting an intraday high of 15,225.81 and low of 15,009.48. The Nifty has touched a high/low of 4541.05 and 4468.05, respectively. It was up 1.66% or 73.8 points to settle at 4523.60.
Healthcare Index was up 0.8% to finish at 4,447.24. Pharma stocks like Orchid Chemical, Sun Pharma Adv, Aurobindo Pharma, Cipla, Sterling Bio, Matrix Labs, Pfizer and Dr Reddy's Labs have witnessed huge buying interest.
Realty Index has outperformed other indices in today's session and shown smart recovery as it had hit very badly in last few sessions. Index shot up 3.07% or 173.05 points to close at 5,803.66 on the back of buying in Omaxe, Akruti City, Peninsula Land, DLF, Puravankara Projects, HDIL and Unitech.
Capital Goods was another beaten down sector, which rebounded sharply. Index surged by 283.92 points or 2.44% to settle at 11,901.49 as buying seen in BHEL, Jyoti Structures, Crompton Greaves, Punj Lloyd, BEML and L&T.
Bankex jumped 2.27% or 156.09 points at 7,018.42. Banking stocks like Bank of India, Union Bank, HDFC Bank, Bank of Baroda, Axis Bank, SBI, Kotak Mahindra and ICICI Bank have gained.
Power stocks like NTPC, Reliance Infra, Tata Power and Suzlon Energy have got strengthened. Index charged up by 45.96 points or 1.76% at 2,652.92.
BSE IT Index ended at 4,357.43, up 1.72% due to strong buying in Tech Mahindra, Infosys, HCL Tech, TCS and Satyam.
Oil & gas stocks like Reliance Industries, Petronet LNG, Essar Oil, RNRL and IOC have closed in green due to which index inched up by 1.46% or 141.02 points at 9,832.24. However, selling seen in BPCL, Cairn India, HPCL and GAIL. Nymex Crude was trading above USD 134 per barrel.
Metal stocks like Guj NRE Coke, Hind , SAIL, Jindal Steel and Tata Steel have helped the index to close with gain of 134.88 points or 0.88% at 15,400.80.
Auto Index jumped 0.79% to settle at 4,152.31 on account of buying in Hero Honda, Hind Motors, Ashok Leyland, Bharat Forge, M&M and TVS Motor.
However, FMCG Index fell just 0.35% at 2,268.53 due to selling in United Spirits, Colgate, Britannia, ITC and Hindustan Unilever. However, other FMCG stocks like United Breweries, Marico, Dabur India, Nestle, Tata Tea and P&G closed in green.
Midcap Index shot up by 1.42% at 6,190.72. In the midcap space, Fortis Healthcare, Orchid Chemical, PSL, Bombay Dyeing, Religare Enterp, United Breweries, Deccan Chronicles, Vishal Retail, Deccan Aviation, Sun Pharma Adv and Aurobindo Pharm advanced over 7%.
Small Cap Index was up 126.14 points or 1.72% to settle at 7,467.30. Small cap stocks like Zenotech Labs, Dynamatic Tech, Khaitan Electri, Natco Pharma, Kewal Kiran, JMC Projects, Guj Sidhee Cem, Ratnamani Metal, Fortis Financia, NIIT Tech, Emco and Midday Multi went up over 9%.
Turnover traded by the markets for the day stood at Rs 64249.93 crore. This includes Rs 13169.37 crore from NSE Cash segment, Rs 45775.86 crore from NSE F&O and Rs 5304.7 crore from BSE Cash segment.
Source: moneycontrol.com