It was a very quiet day for the markets as not much excitement was witnessed through out the day despite it being the last day of F&O expiry. The markets traded in red territory for most part of the day with marginal losses before pulling back sharply in late trade on account of some short covering and ended flat but in green.
It was a bad day for the banking, realty and energy stocks, broader markets also traded on weak note through the day giving negative breadth to markets. However, phrmaceutical, metal, capital good and auto stocks performed relatively well. On the volume front, it was quite muted, cash markets performance was extremely abysmal.
Sensex ended down 1.51 points or 0.01% at 17824.48, and the Nifty closed up 16.70 points or 0.32% at 5285.10. About 1398 shares advanced, 1566 shares declined, and 76 shares were unchanged. BSE midcap index ended down 0.15% at 7711.76 and smallcap index closed down 0.06% at 9668.16.
BSE auto index ended up 1.18% at 4829.86. Punjab Tractors, Hero Honda and Bajaj Auto stocks were the leading gainers in this space.
BSE capital goods index closed up 0.56% at 16598.88. Astra Mocrowave, Alfa Laval, BEML and BHEL were among major gainers.
BSE healthcare index closed up 1.70% at 3925.75. Sun Pharma, Dr Reddy's Lab and Biocon and Cipla were the top gainers in pharma space.
BSE metal index ended up 2% at 16972.01. Nalco, Hindalco and Sterlite Industries were the top fliers.
BSE power index closed up 3748.11. In the power space, the star performers were Power Grid, BHEL and Areva T&D.
BSE bankex closed down 0.81% at 10073.91. Union Bank, Bank of baroda and PNB were the top losers in this space.
BSE IT index was down 0.14% at 3967.40. Financial Tech, Patni Computers and i-Flex Solution were the top losers.
BSE oil & gas index closed down 0.84% at 11164.87. Reliance, Petronet LNG and HPCL were the top losers.
BSE realty index ended down 1.47% at 9833.01. In the realty sector, the wors performers were Mahindra Life, Purvankara Projects and DLF.
Markets trading quiet on the last day of F&O expiry
The markets have lost some more points and are trading stable. It seems to be in consolidation phase. Most of the BSE benchmark indices are still in red barring pharmaceutical, metal and auto index. Cues from the Europe is not very encouraging, the markets there are trading mixed.
Banking, oil & gas, realty, IT and consumer durable stocks have given up further. However, pharma and metal stocks are holding their gains. Broader markets have also been performing lacklustre giving negative breadth to the markets. On NSE, advance decline ratio is 3:5.
At 14.50 hrs IST, the Sensex is down 110.34 points or 0.62% at 17715.65, and the Nifty down 29.20 points or 0.55% at 5239.20. About 1222 shares have advanced, 1736 shares declined, and 82 shares are unchanged.
Tulsi Extrusion, Reliance Capital, Manjushree, Reliance Industries, and Reliance Natural are some of the most active stocks today.
On Nifty, major gaiers are Tata Comm, Sun Pharma and BPCL. However, Ambuja Cements, PNB and HCL Tech are among the losers list.
Banking stocks are trading weak since morning today. Major losers in the banking space are Union bank, Kotak Mahindra Bank, IOB and bank Of Baroda.
Mkts still in red: Bank, cement stocks slip; metals up
It has been very quiet session so far as not much excitement is seen since morning. The markets are still trading flat with moderate losses. However, it has gained some points and recovered from day's low. Most of the BSE key indices are trading in red barring pharmaceutical and metal index. Banking, oil & gas and IT stocks have been among the most sundued counters.
Market breadth has been negative since morning today with nearly 500 stocks on the advancing side and over 700 stocks on the downside on NSE. It has been quite muted performance on the volume front.
At 13.51 hrs IST, the Sensex is down 73.91 points or 0.41% at 17752.08, and the Nifty down 18.90 points or 0.36% at 5249.50.
About 1246 shares have advanced, 1714 shares declined, and 79 shares are unchanged.
Some of the key takeaways from the economic survey:
# Maintaining 9% Rate Challenging;Double-Digit Growth Tougher Still
# A decleration was expected this year
# Fundamentals 'Inspire Confidence'; invstment climate 'Full Of Optimism'
# Revenue Deficit unlikely to be Zero next year
# Fiscal Deficit target of 3%~will be met
# Deficit targets for this year to be achieved
# Inflation seen lower at 4.1% this year Vs 5.6% last Year
# 100% FDI Home Appliances, Luxury Brand Chains
# 51% FDI In Rural-Health, Weather-Cover Insurance
# 49% FDI In Other Insurance Sectors
# 100% FDI In New Rural Agricultural Banks
Tulsi Extrusion, Reliance Capital, Manjushree, Reliance Industries, and Reliance Natural are some of the most active stocks today.
On Nifty, major gaiers are Tata Comm, Sun Pharma and BPCL. However, Ambuja Cements, PNB and HCL Tech are among the losers list.
Banking stocks are trading weak since morning today. Major losers in the banking space are Union bank, Kotak Mahindra Bank, IOB and bank Of Baroda.
Mkts recover from day's low; bank, IT stocks down
The markets continue to trade quiet and lacklustre with marginal losses. However, Sensex and Nifty has recovered from it's lows on the back of some positive news from the economic survey. Most of the BSE key indices are trading in red barring pharmaceutical and metal index. Banking, oil & gas and IT stocks have been among the most sundued counters. Market breadth has been negative since morning today with nearly 500 stocks on the advancing side and over 700 stocks on the downside on NSE. It has been quite muted performance on the volume front.
At 12.40 hrs IST, the Sensex is down 16.25 points or 0.09% at 17809.74, and the Nifty up 6.15 points or 0.12% at 5274.55. About 1282 shares have advanced, 1660 shares declined, and 97 shares are unchanged.
Top gainers on the Sensex are Hindalco at Rs 202.50 up 3.34%, Cipla at Rs 205.65 up 2.03% and Satyam at Rs 442.45 up 1.22%.
Top losers on the Sensex are Ambuja Cements at Rs 119.90 down 2.44%, SBI at Rs 2,040 down 2.04% and ACC at Rs 803.75 down 1.51%.
Some key points from Economic survey:
* Maintaining 9% Rate Challenging;Double-Digit Growth Tougher Still
* A decleration was expected this year
* Fundamentals 'Inspire Confidence'; invstment climate 'Full Of Optimism'
* Revenue Deficit unlikely to be Zero next year
* Fiscal Deficit target of 3%~will be met
* Deficit targets for this year to be achieved
* Inflation seen lower at 4.1% this year Vs 5.6% last Year
* 100% FDI Home Appliances, Luxury Brand Chains
* 51% FDI In Rural-Health, Weather-Cover Insurance
* 49% FDI In Other Insurance Sectors
* 100% FDI In New Rural Agricultural Banks
Mkt trades lacklustre: Metal up; IT, cement down
The markets are lacklustre and are trading marginally in red. The cues from Asia were mixed and not very encouraging cues from US. Wall St ended flat after choppy session; Dow was up 9 points. Metal stocks are witnessing some buying today followed by select bank and FMCG stocks. Howeevr trading weak are IT, cement and select energy stocks.
After opening flat Nifty and Sensex showed some recovery and moved in green but slipped again to trade marginally in red. The broader markets were also quiet and the breadth is neutral.
At 11.50 hrs IST, the Sensex is down 90.52 points or 0.51% at 17735.47, and the Nifty down 28.95 points or 0.55% at 5239.45. About 1156 shares have advanced, 1786 shares declined, and 96 shares are unchanged.
Hindalco, Grasim, Cipla, Nalco, Tata Communication are among the top gainers followed by HDFC, HDFC Bank, M&M, TCS, Idea Cellular, Rel Energy, Suzlon and SAIL.
Ambuja, ACC, ABB and Reliance are the top laggards followed by BHEL, Unitech, Maruti, L&T, Ranbaxy, Infosys, Tata Power, Reliance Communication .
Rupee opened at Rs 39.73 per dollar and is trading at 39.815.
Asian markets were trading mixed . Hong Kong's Hang Seng moved in the green, Japan's Nikkei slipped 1.48%, Singapore's Straits Times was down 0.95%.However, South Korea's Seoul Composite was flat at 1,721.76.
Mkt trades flat: HDFC, Rel, HDFC Bank in green
The markets opened flat on the back of mixed cues from Asia nad some lacklustre cues from US. Wall St ended flat after choppy session; Dow was up 9 points. After opening flat Nifty and Sensex showed some recovery and moved in green but slipped again to trade absolutely flat. The broader markets were also quiet and the breadth is inconclusive or neutral.
At 09.58 hrs IST, the Sensex was up 46.13 points or 0.26% at 17872.12, and the Nifty down 2.05 points or 0.04% at 5266.35.
About 1541 shares have advanced, 1395 shares declined, and 102 shares are unchanged.
BHEL, Unitech, Maruti, L&T, Ranbaxy, Infosys, Tata Power, Reliance Communication were among the top laggards
HDFC, Rel, HDFC Bank, M&M, TCS, Idea Cellular, Rel Energy, Suzlon, RPL, SAIL were in green.
Even Hindalco, Nalco has made big move and were up nearly 4%.
Rupee opened at Rs 39.73 per dollar and is trading at 39.74.
Asian markets were trading mixed . Hong Kong's Hang Seng moved in the green, Japan's Nikkei slipped 1.48%, Singapore's Straits Times was down 0.95%.However, South Korea's Seoul Composite was flat at 1,721.76.
Market cues:
* NSE F&O Feb series expiry today
* NSE F&O Open Int up Rs 596 cr at Rs 82,112 crore
* Feb 26, Source: SEBI
* FIIs net buy $21.2 m in equity
* MFs net buy Rs 525.9 cr in equity
F&O cues:
* Futures Open Interest up by Rs 265 crore and Options Open Interest up by Rs 331 crore
* Nifty Feb Futures shed 61 lakh shares in Open Interest
* Nifty Mar Futures add 72 lakh shares in Open Interest
* Nifty March at 30-point discount, Feb at 10-point discount
* Nifty Open Interest Put-Call ratio at 1.04 Vs 1.01
* Nifty Puts add 4.9 lakh shares in Open Interest
* Nifty Calls add 0.9 lakh shares in Open Interest
* Nifty 5000 Put adds 1.5 lakh shares in Open Interest
* Nifty 5400 Put adds 1.1 lakh shares in Open Interest
* Nifty 5300 Put adds 1.1 lakh shares in Open Interest
* Nifty 5500 Call adds 1.5 lakh shares in Open Interest
Source: Moneycontrol.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment