Nifty hits 5000 for 1st time since May 23, 2008

ALSO READ See Key Market Stats - Top Gainers/ Losers, Most Actives, Highs/Lows See how Global Markets are trading Indian ADRs Nifty BSE | NSE 30/05/12 Are Mutual Funds betting on Nifty?

The US markets gained for the third day on the back of strong economic data of Industrial output and weak dollar. The markets closed near day's high and hit fresh 2009 highs.

The Dow Jones Industrial Average was up 108 points or 1.1% at 9,792; S&P Index was up 16 points or 1.5% at 1,069 and the Nasdaq Composite was up 31 points or 1.5% at 2,133.

Commodities:

The CRB (Commodity Research Bureau) Index gained 2%. CRB was up 4.5% this week.

Crude was up 2.2% at $72.4/bbl. US crude inventories declined 4.73 million barrels versus market expectation of 2.5.

Gold closed at $1018 an ounce; at 18-month highs.

Copper was up 3.5% to $6420/tonne. It rose most in 3 weeks.

Currencies:

Dollar index fell further. It ended at 76.15 the lowest level since 23rd September.

Yen depreciated 23bp versus USD at 91.16.

Euro was at $1.4715 versus USD.

Market cues:

-FIIs net buy USD 183 million in equity on September 15
-NSE F&O Open Int up by Rs 3917 crore at Rs 1,07,527 crore
-FIIs net buy Rs 1105 cr in cash markets on September 16 (prov)
-DIIs net buy Rs 143.5 cr in cash markets on September 16 (prov)
-FIIs net buy Rs 774 cr in F&O on September 16

F&O cues:

-Futures Open Int up by Rs 2036 crore
-Options Open Int up by Rs 1882 crore
-Nifty up 1.4%, Open Int up 2%
-Nifty Futures trade at 3-pt prem versus 8-pt prem
-Nifty IVs at 23-28%
-Nifty Open Int PCR at 1.63 versus 1.59
-Nifty Puts add 24.9 lakh shares in Open Int
-Nifty Calls add 5.5 lakh shares in Open Int
-Nifty September 5000 Put adds 8.2 lakh shares in Open Int
-Nifty September 4900 Put adds 7 lakh shares in Open Int
-Nifty September 4800 Put adds 3.9 lakh shares in Open Int
-Nifty October 4900 Put adds 3 lakh shares in Open Int
-Nifty October 4800 Put adds 2.9 lakh shares in Open Int
-Nifty September 4700 Call sheds 2.9 lakh shares in Open Int
-Stock Futures add 4.5 crore shares in Open Int