Nifty ends below 4850; auto,bank,oil & gas plunge

Markets closed in red after a good morning start. During the day’s trade, it was trading almost volatile and suddenly slipped before the last half hour, as trade wound up. The BSE auto index has underperformed the other sectoral indices; it closed down over 3%. Bank, oil & gas, power realty, consumer durable & FMCG indices were witnessing selling pressure.

However, capital goods index closed with good gains; this sectoral was led by Larsen & Toubro as it came out with good financial numbers.

The Sensex closed down 209.11 points or 1.27% at 16316.26, and the Nifty was down 83.05 points or 1.69% at 4835.30.

About 1230 shares have advanced, 1670 shares declined, and 210 shares are unchanged.

The BSE midcap index down 0.17% and smallcap index down 0.68%.

The BSE auto index tumbled 3.24% or 147.69% at 4414.34.Tata Motors, Mahidra and Mahindra, Hindustan Motors, Hero Honda, TVS Motors closed down.

The BSE bankex fell 2.79% or 221.14 at 7712.36. SBI, ICICI Bank, Allahabad Bank, Bank of India, Canara Bank ended in red.

The BSE oil & gas index plunged 1.91% or 206.27 at 10571.64. ONGC, Reliance, RNRL, Gail, Petronet LNG, Essar Oil closed negative.

The BSE realty index dropped 1.45% or 105.04 at 7125.38. Puavankara Projects, HDIL, Ansal Properties, Unitech, Peninsula Land, DLF slipped.

The BSE power slipped 1.35% or 41.81 at 3062.48. Suzlon, GMR Infra, NTPC, GVK Power ended down.

The BSE FMCG index cut down 0.99% or 24.21 points at 2419.47. Colgaste, HUL, ITC, Nestle fell.

However, the BSE capital goods index surged 2.03% or 255.12 points at 12827.03. Larsen, Alstom Projects, Bharat Elec, Carborundum, BEML, Jyoti Structure surged.

The BSE metal moved up 0.58% or 96 points at 16745.65. Jindal Steel, Jindal Saw, JSW Steel,Sesa Goa, JindalStainless flared.

The NSE cash turnover was at Rs 18136 crore and the NSE F&O turnover was at Rs 64758.96 crore. The BSE cash turnover was Rs 6206.67 crore. Total market wide turnover was at Rs 89101.63 crore.

Market see selling pressure in the last half an hour of trade due to FNO expiry

Sensex ends down 209 pts at 16316; Nifty takes support around 4800

Nifty ends down 83 pts at 4835

CNX Midcap Index down 0.24%, BSE Small-cap Index down 0.7%

L&T, IFCI, Tata Motors & Sun Pharma stock of the day

L&T up 6.5% on back of strong numbers and bonus, IFCI up 6.4% as board meets today to consider strategic investor, Tata Motors down 7% on dilution concerns

Sun Pharma down 5.3% as the co receives notice for termination of merger with Taro

BSE Auto Index down 3.3%, Tata Motors down 8.2%, M&M down 5.5%

Index gainers; L&T down 6.4%, R Comm up 3.5%, Cipla up 3.2%, Satyam up 2.3%

Ambuja Cemn down 6.5%; was up 7% yesterday

Piramal Life trading at 313 Vs listing price of 376 (made high of 519 during the day)

Buzzers; NFL up 7.5%, Gwalior Chem up 18.5%, Jayaswals Neco up 8.6%, Suven up 9.5%

NSE Advance Decline at 1:2

Total market turnover at Rs 89102 cr; FNO turnover at Rs 64757 cr

Nifty rollover at 65% Vs 70% in Apr Series

Marketwode rollover at 75% Vs 82% in Apr Series

4800 seen as support for the market; huge put wriring seen at this level

4800 put add 11 lakh shares in OI

Start series with around Rs 45-50000 cr of OI whicih will be relatively on a higher side, Index options around 6000-7000 cr

Banking, cement, textiles saw good rollover; Sugar, Oil & gas, Power see low rollover

Huge action seen in deep out of the money call
IFCI 80 call add 19 lakh shares
IFCI added 2.5 cr shares in OI

Tata Motors ((Dividend 16-June))
Disscount of 20 ponts down 9%; add 19 lakh share sun June series

DCB rollover 84%
Add 23 lakh shares in OI
down 6.5%
Short rollover

Suzlon
Stock has come dowen from 320 to 280 in last 5 days
net add 32 lakh shares in OI
76% rollover

Reliance 63%

LT 80%

IFCI 78%

RPL 75%

Tata Steel 77%

Cairn 62%

Rcom 74%

Chambal 74%

Ntpc 71%

SBI 84%

Icici bank 67%

Reliance Cap 83%

Dlf 68%

Rpower 44%

Mpahsis 55%

Hind Zinc 56%

Bharti 57%

Hcl Tech 58%

Asian market gain led by Nikkei

Shanghai down 1.6%, Nikkei up 3%, Kospi up 2%, Straits Times up 0.9%

Yen depreciates by 30 bps at 105.1

Nikkei up 3% on back of export led stocks and on hopes of strong demand from US

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