Nifty above 5200 on global cues: RIL, ICICI Bank up

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?

The US markets lifted on Fed's commitment for low interest rates and as concerns over Greece abate. The Dow Jones Industrial Average gained for 6 straight sessions and S&P at 17-month high.

The Dow Jones rose 0.4% to 10,686. The S&P 500 gained 0.8% at 1,159.5 and Nasdaq added 0.7% at 2,378.

Commodities

Crude gained 3% at USD 82/barrel (Was below USD 80 on Monday).

Alert - OPEC meeting today, likely to keep production targets.

CRB index was up 1%.

Gold went up 1.5%

Market cues:

FIIs were net buyers to the tune of USD 85.5 million in equities on March 14, as per data available on the SEBI website.

NSE F&O Open Interest was up by Rs 2,679 crore at Rs 1,22,705 crore.

FIIs were net buyers to the tune of Rs 378 crore while DIIs net sellers of Rs 159 crore in cash markets on March 16, as per provisional data available on the NSE website. FIIs net bought  Rs 709 crore in F&O.

FIIs in F&O

FIIs net sold Rs 375 crore in Nifty futures on March 16 and Open Interest was up by 12,086 contracts.

FIIs net bought Rs 946 crore in Nifty options on March 16 and Open Interest was by 71,075 contracts.

F&O cues:

Futures' Open Interest was up by Rs 1450 crore while Options Open Interest up by Rs 1,229 crore.

The Nifty March Futures shed 8.5 lakh shares in Open Interest and ended at 6-point premium.

The Nifty April Futures added 10 lakh shares in Open Interest and closed at 4-point premium.

Nifty Open Interest PCR increased to 1.56 versus 1.51.

Nifty Puts added 22 lakh shares while Calls shed 3 lakh shares in Open Interest

Nifty 5200 Put added 19 lakh shares in Open Interest

Nifty 4900 Put shed 6 lakh shares in Open Interest

Nifty 5100 Call shed 10 lakh shares in Open Interest

Stock Futures added 2.4 crore shares in Open Interest.