Nifty slips below 5450; Sanghvi Forging gains 10% on debut
The Indian markets opened on a weak note ahead of expiry this week. Asian markets shed in the range of 1-2%.
The Indian markets opened on a weak note ahead of expiry this week. Asian markets shed in the range of 1-2%. Rally in dollar and concerns over Greece debt were two culprits for gap down opening. Results announced during the weekend were reflecting in stocks like Rei Agro and MOIL.
Banks, auto, metal and IT stocks were leading the bears from the front. All BSE Sectoral indices were trading in red barring FMCG. At 09.21 hrs IST, the Sensex was down 156.91 points or 0.86% at 18169.18, and the Nifty was down 54.75 points or 1.00% at 5431.60. About 343 shares advanced, 600 shares declined, and 2699 shares remain unchanged.Index heavyweight Reliance was trading at Rs 913.45 down 0.86% from its previous close of Rs 921.40. Refinery major HPCL was trading at Rs 357.60 down 0.91% from its previous close of Rs 360.90. Tech major Infosys was trading at Rs 2,843.90 down 0.23% from its previous close of Rs 2,850.55. Cigarette major ITC was trading at Rs 188.05 up 1.21% from its previous close of Rs 185.80. Hindustan Lever was trading at Rs 308.15 down 0.61% from its previous close of Rs 310.05. New listing Sanghvi Forging surged close to 10% in early trade. The issue was priced at Rs 85 per share. Midcap gainers: Kwality Dairy, Puravankara Projects, State Bank of Mysore, KGN Industries and Pfizer were up 2-5%. Midcap losers: Alfa Laval, Patni Computer, STC India, HMT and Bajaj Finserv were down 3-4%. Smallcap gainers: Hinduja Foundri, Seshasayee Paper, IT People, Tourism Finance and Simplex Project were up 4-8%. Smallcap losers: Zenith Infotech, Texmaco Rail, Entegra, R M Mohite Industries and Empee Sugars were down 5-12%.Market cues:
Results Today: BHEL final number, GAIL, Dish TV, Everonn, Hotel Leela, Karnataka Bank, Kingfisher, Satyam, Tata Chem
Delhi HC verdict on Sanjay Chandra, Vinod Goenka bail plea today
FIIs net sell USD 1.6 million in the cash market on May 19
MFs net buy Rs 28 cr in the cash market on May 19
NSE F&O Open Int down Rs.911 cr at Rs 1.50 lakh cr F&O cues:
Total Futures Open Int up Rs 973 cr, Total Options Open Int down Rs 1884 cr
Total stock futures Open Int add 2.58 cr shares in Open Int
Nifty futures Open Int add 2.4 lakh shares in Open Int, discount at 1.75 pts vs discount at 3.30 pts
Nifty Rollover at 18%
Nifty Open Int PCR at 0.94 vs 0.88
Total Put adds 7.81 lakh shares, call sheds 44.75 lakh shares
Highest OI outstanding at 5600 call, 5400 put and 5700 call
Nifty 5500 put adds 12.76 lakh (30%) shares in Open Int
Nifty 5600 put adds 4.83 lakh (19%) shares in Open Int
Nifty 5300 put adds 3.32 lakh (6%) shares in Open Int
Nifty June 5300 put adds 2.2 lakh (9%) shares in Open Int (down from 75.5 to 59.1)
Nifty June 5800 call adds 2.05 lakh (11%) shares in Open Int
Nifty 5400 call sheds 30.61 lakh (44%) shares in Open Int
Nifty 5500 call sheds 14.33 lakh (18%) shares in Open Int
Nifty 5200 put sheds 12.5 lakh (20%) shares in Open Int
Nifty 5300 call sheds 3.31 lakh (57%) shares in Open Int
Nifty 5900 call sheds 2.8 lakh (5%) shares in Open Int
India VIX down 4.7 % at 19.45
Deccan Chronicle, PFC, PUNJLLOYD and ORCHIDCHEM in F&O ban
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