Mkts end higher, rally led by FMCG, banks, IT, metal stks

ALSO READ See Key Market Stats - Top Gainers/ Losers, Most Actives, Highs/Lows See how Global Markets are trading Indian ADRs Nifty BSE | NSE 29/05/12 Are Mutual Funds betting on Nifty?

Markets @ 11:43 am : Mkts dull; BHEL, L&T, Suzlon, Cairn top losers

The markets are witnessing volatility with marginal ups and downs. Market breadth is still weak, nearly 506 shares advanced while 667 shares declined. Buying continued in FMCG, pharma and technology stocks while selling in capital goods, power and auto stocks. Midcap and small cap indices wer flat. On the global front, Asian markets were mixed.

At 11:43 am, the Sensex was up 48 points at 16,326 and the Nifty up 0.35 points at 4860.

Top gainers were Ambuja Cements, Hindalco and ITC while losers - BHEL, L&T, Reliance Comm, Cairn and Suzlon Energy.

FMCG stocks like ITC, Godrej Cons, HUL, GSK Cons, Dabur and Nestle hav gained. The BSE FMCG Index went up over 2%.

Amongst technology space, HCL Tech, Satyam, TCS, Tech Mahindra and Wipro were gainers; IT Index up nearly 1%.

Pharma stocks including Sun Pharma, Sterling Bio, Opto Circuits, Nicholas Pira, Ranbaxy and Cipla gained. Healthcare Index was up over 0.5%.

Markets @ 10:43 am : Mkts volatile; cap gds, power, metal, auto stks down

The markets are trading marginally weak but still maintained its choppiness. Selling pressure seen in capital goods, auto, power and metal stocks. Market breadth is negative. Midcap and small cap indices are flat. However, buying seen in FMCG, technology and pharma stocks. On the global front, Asian market slipped further barring marginal gains in Shanghai and Jakarta.

At 10:43 pm, the Sensex was down 54 points at 16220 and the Nifty down 21 points at 4838. About 1246 shares have advanced, 1679 shares declined, and 183 shares are unchanged.

Top losers were BHEL, Tata Motors, L&T and Suzlon Energy while Ambuja Cements, TCS, Ranbaxy Labs, Sun Pharma and ITC gainers.

Most active counters were Bajaj Finserv, Reliance Power, Reliance Capital, Reliance, ICICI Bank and Bharti Airtel.

BSE Capital Goods Index slipped over 1.5% led by selling in Jyoti Structures, Suzlon, BHEL, L&T, Punj Lloyd and Bharat Elect.

Power, Metal and Auto indices fell over 1%. Oil & Gas, Realty and Bankex slipped over 0.5%. However, FMCG and IT indices gained over 0.5%.

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Markets @ 9:58 am : Mkts choppy in opening trade

The markets have bounced back in the opening trade with marginal gains but that could not sustain for long and markets turned choppy and have given up those morning gains, which is in line with Asian markets. Market breadth is positive. Midcap and small cap indices were flat.

At 9:58 am, the Sensex was up 0.58 points at 16,276 and the Nifty down 3.75 points at 4,856. In the opening trade, the Sensex went up by 90 points at 16365 and the Nifty up 21 points at 4,881.

Selling seen in banking, auto, metal, capital goods and power stocks while FMCG, pharma, technology stocks gained.

Cement stocks like Ambuja Cements and ACC have gained as there is news that exports ban of cement could be lifted.

Suzlon Energy drifted lower by 3% as there is news in markets that the company's global CEO might be putting his papers.

DLF and Unitech have recovered after sharp fall in last few sessions.

Asian markets were trading mixed. Hang Seng was down 0.13% or 31.73 points at 24,250.31. Nikkei 225 Average fell 0.14% or 20.04 points at 13,873.27. Seoul Composite lost 0.92% or 16.77 points at 1,808.46. Taiwan Weighted was down 0.65% or 57.31 points at 8,721.08. However, Shanghai Composite was up 0.33% or 11.10 points at 3,386.50. Jakarta Composite rose 0.11 points at 2,397.11. Straits Times gained 0.07% or 2.04 points at 3,117.39.

The US markets closed with solid gains, led by technology companies and a sharp drop in crude oil prices. The Dow Jones industrial average advanced 68.72 points, or 0.55%, to 12,548.35. The Standard & Poor's 500 index gained  9.42 points, or 0.68%, to 1,385.35, and the Nasdaq composite index surged  36.57 points, or 1.50%, to 2,481.24.

Market cues:

• FIIs net sell $276.4 mn in equity on May 26
• MFs net buy Rs 51.6 cr in equity on May 26
• NSE F&O Open Interest up by Rs 1,815 cr at Rs 86,382

F&O cues:

• Futures Open Interest up by Rs 750 crore and Options Open Interest up by Rs 1,065 crore
• Nifty May Futures shed 17.5 lakh shares in Open Interest
• Nifty June Futures add 33 lakh shares in Open Interest
• Nifty May at 18-pt discount, June at 22-pt discount
• Nifty Open Interest PCR at 1.25 Vs 1.27
• Nifty Puts add 8 lakh shares in Open Interest
• Nifty Calls add 10 lakh shares in Open Interest
• Nifty June 4700 Put adds 5.7 lakh shares in Open Interest
• Nifty Dec 4100 Put adds 2.4 lakh shares in Open Interest
• Nifty May 4800 Put adds 2.2 lakh shares in Open Interest
• Nifty May 4900 Put sheds 5.5 lakh shares in Open Interest
• Nifty May 4800 Call adds 3.8 lakh shares in Open Interest
• Nifty June 5000 Call adds 2.5 lakh shares in Open Interest