Nifty back above 5200 after initial reaction to RBI move

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 ended marginally down after gaining continuously for 8-days. The US markets had gained nearly 4% since the start of the month.

The Dow Jones Industrial Average ended down 37 points or 0.35% at 10742. The Nasdaq Composite was down 17 points or 0.7% at 2374 and the S&P 500 Index was down 6 points or 0.5% at 1160.

Commodities

CRB Commodity Index was down 1.1%.

Crude fell 1.8% at USD 80.68/bbl, most in three weeks.

Gold was down 1.8% lower at USD 1107.6/ounce, tumbled the most in six weeks.

Silver was down 2.2% at USD 17.03/ounce.

Copper futures fell 0.7%.

Market cues:

FIIs were net buyers of USD 156 million in equities on March 17.

NSE F&O Open Interest was up by Rs 2363 crore at Rs 1,32,369 crore; at an all-time high.

As per provisional data of March 18, FIIs were net buyers of Rs 284 crore, DIIs were net buyers of Rs 113 crore in cash markets. FIIs were net buyers of Rs 340 crore in F&O.

F&O cues:

-Futures Open Int up Rs 1447 crore
-Options Open Int up Rs 916 crore
-Nifty Mar Fut shed 3 lakh shares in Open Int, at 12-pt prem
-Nifty Apr Fut add 15 3 lakh shares in Open Int, at 15-pt prem
-Nifty Open Int PCR at 1.68 versus 1.67
-Nifty Puts add 11 lakh shares in Open Int
-Nifty Calls add 3 lakh shares in Open Int
-Nifty 5300 Put adds 8 lakh shares in Open Int
-Nifty 5400 Call adds 5 lakh shares in Open Int
-Stock Futures add 2 crore shares in Open Int