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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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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%.

  

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