Nifty trades above 4900 on positive global cues

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 S&P 500 has recovered 6.12% in last 6 trading sessions and was 7 points short of 2009 high at 1,100. It closed up 24 points or 2.2% at 1,093. The Nasdaq Composite rose 41.6 points or 2% at 2,154.

Commodities:

Reuters CRB Index gained 1.7%.

Crude oil was up 2.6% at $79.43/bbl.

Gold ended up 0.5% at $1101.4/ounce, after hitting new all-time high of $1111.7/ounce during the day.

Copper was up 1% at $6540 onne and Aluminum was at 1 week highs.

Baltic Dry Index was up 2.5%.

Market cues:

-FIIs net buy USD 148.7 million on November 6
-MFs net buy Rs 182 crore on November 6
-Total F&O Open Interest up by Rs 4,028 crore at Rs 94,826 crore
-FIIs net buy Rs 478 crore in cash on November 9 (Prov)
-DIIs net sell Rs 287 crore in cash on November 9 (Prov)
-FIIs net buy Rs 800 crore in F&O on November 9

F&O cues:

-Total Futures Open Interest up by Rs 2,194 crore, Total Options Open Interest up by Rs 1834 crore
-Nifty Puts Add 50.2 lakh shares in Open Interest, Nifty Calls Shed 15.2 lakh shares in Open Interest
-Nifty Open Interest PCR at 1.42 versus 1.26
-Nifty futures trading 5 pt premium versus 6 pt discount
-Nifty IVs at 26-30% levels
-Nifty 4800 Put Adds 18.7 lakh shares in Open Interest
-Nifty 4900 Put Adds 13.8 lakh shares in Open Interest
-Nifty 4700 Put Adds 10 lakh shares in Open Interest
-Nifty 4900 Call Sheds 8.2 lakh shares in Open Interest
-Nifty 4800 Call Sheds 7.9 lakh shares in Open Interest
-Stock futures add 2 cr shares in Open Interest