At 11:08 hours IST, the Sensex was trading marginally higher along with some volatility and was hovering around the 16,600 level while the Nifty stayed above the 4,900 mark.
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