Firstsource, Sesa Goa, Wipro see fresh long positions
Published on Thu, Aug 06, 2009 at 09:31 | Source : CNBC-TV18
Updated at Thu, Aug 06, 2009 at 10:36
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Firstsource, Sesa Goa, Wipro see fresh long positions
Stock futures added 3.9 cr shares in OI (open interest). Fresh long positions were seen in Firstsource Solutions, Ispat Industries, Sesa Goa, MRPL and Wipro; their cost of carry also increased.
Here is a transcript of Head-Markets Research, Anuj Singhal's comments on CNBC-TV18. Also watch the accompanying video.
Stock futures added 3.9 cr shares in OI (open interest). The Nifty futures ended with 11-point premium versus 1-point discount. The Nifty futures added 9 lakh shares in OI. The Nifty OI PCR (put-call ratio) was up from 1.04 to 1.06 and Nifty implied volatility stood at 35-38%.
Fresh long positions were seen in Firstsource Solutions, Ispat Industries, Sesa Goa, MRPL and Wipro; their cost of carry also increased. Firstsource Solutions surged 11% and futures Open Interest was up 36%.
Ispat Industries rose 5% and futures Open Interest was up 17%. Sesa Goa surged 6% and futures Open Interest was up 43%.
MRPL went up 4% and futures Open Interest up 24%. Wipro rose 3% and futures Open Interest up 21%.