Sensex choppy with negative bias; RIL goes ex-bonus

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 Dow Jones Industrial Average was up 31 points at 10,464, S&P 500 Index up 5 points at 1,110 and Nasdaq Composite was up 7 points at 2,176.

Initial jobless claims fell to 466,000, lowest level in more than a year. Continuing claims fell to 5.42 million, multi-month low. New home sales were up 6.2% in October to an annualized rate of 430,000, at 1-year high.

Commodities

Reuter CRB Index was up 2.3%.

Crude gained over 2% at $77.9/bbl, as inventories gained less than expected.

Gold ended up 1.7% at $1185.5/ounce.

Gold made record high at $1193/ounce, which gained 16% MTD (month-to-date).

There were reports that India may consider more bullion buying from IMF.

Baltic Dry Index was down 2.4%.

Copper was at 14-month highs and Zinc at 18-month highs.

Market cues:

-FIIs net buy USD 65 million in cash on November 24
-MFs net sell Rs 278.5 crore in cash on November 24
-Total F&O Open Int up by Rs 2,568 crore to Rs 1,19,755 crore
-FIIs net sell Rs 331 crore in cash on November 25 (prov)
-DIIs net buy Rs 141 crore in cash on November 25 (prov)
-FIIs net buy Rs 520 crore in F&O on November 25

F&O cues:

-Total F&O turnover at Rs 91,235 crore versus 1.06 lakh crore on D-1 of last expiry
-Nifty down 0.3% , Futures Open Int up 8%
-Total Futures Open Int up by Rs 2403 crore
-Total Options Open Int up by Rs 165 crore
-Nifty IVs at at 22-26% levels
-Nifty Open Int PCR up from 1.66 to 1.71
-Nifty Dec PO PCR at 1.62
-Nifty Dec Fut trading at 12-pt prem versus 7-pt prem
-Nifty Calls shed 9.8 lakh shares in Open Int
-Nifty Puts adds 8.5 lakh shares in Open Int
-Nifty Dec 5100 Put adds 5.3 lakh shares in Open Int
-Nifty Dec 5000 Put adds 5.2 lakh shares in Open Int
-Nifty Dec 4900 Put adds 2.9 lakh shares in Open Int
-Nifty Nov 5200 Put adds 2.7 lakh shares in Open Int
-Nifty Nov 5100 Call sheds 10.3 lakh shares in Open Int
-Stock Futures add 2.1 crore shares in Open Int