Sensex southbound; realty, tech, metals, banks dip

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The US markets ended marginally down after 2 days of tipple digit gain on mixed economic data. Dollar advanced 0.5%.

The Dow Jones Industrial Average was down 26.3 points at 10270. The S&P 500 ended flat at 1097 and Nasdaq ended flat at 2191.

ISM services index rose to 50.5 in January from 49.8 in December, lower than economist's expectations.

Commodity:

CRB Commodity Index was down 1%.

Crude oil was down 0.3% at $76.98/bbl on Wednesday. It had gained nearly 6% in last 2 days.

Crude inventories jumped by 2.3 million barrels last week, much more than expected.

Gold prices slipped 0.3% at $1111.3/ounce.

Silver was down fell 2.2% at $16.37/ounce.

Copper, lead and zinc lost more than 3% in London.

Market cues - February 2, SEBI

- FIIs net sell USD 67.5 million

- MFs net sell Rs 247 crore

- Total F&O Open Interest up by Rs 2,744 crore at Rs 1,04,432 crore

Institutional action - February 3, Source: NSE (prov)

- FIIs net buy Rs 396 crore in cash markets

- DIIs net buy Rs 0.5 crore in cash markets

- FIIs net buy Rs 2,954 crore in F&O

F&O cues:

- Total Futures OI (open interest) up by Rs 406 crore
- Total Options OI up by Rs 2,338 crore
- Stock Futures add 2.1 crore shares in OI
- Nifty Calls add 8.2 lakh shares in OI
- Nifty Puts adds 31 lakh shares in OI
- Nifty PCR at 1.15 versus 1.10
- Nifty Futures shed 21.3 lakh shares
- Nifty Futures 5-point discount
- Nifty 4800 Put adds 9.4 lakh shares in OI
- Nifty 4900 Put adds 7.9 lakh shares in OI
- Nifty 4800 Call sheds 5 lakh shares in OI