Market recovered after slipping on Asian market jitters. Sensex ended flat at 19051. It recovered nearly 275 points from days low of 18777. Nifty ended flat at 5668, it recovered nearly 90 points from days low of 5578. CNX Midcap Index was up 0.3% while BSE Small-cap Index was up 0.47%.
Market recovered after slipping on Asian market jitters. Sensex ended flat at 19051. It recovered nearly 275 points from days low of 18777. Nifty ended flat at 5668, it recovered nearly 90 points from days low of 5578. CNX Midcap Index was up 0.3% while BSE Small-cap Index was up 0.47%. IT Index continues to face selling pressure, TCS was off day’s high. Bank Index cushions the fall, ICICI Bank was up over 5%. Power companies like Tata Power was up 23%, Siemens India was up 12%. NSE Advance Decline ratio stood at 5:6. Markets turnover was at Rs 1.23 lakh crore Vs Rs 1.06 lakh crore on Monday. Market recorded second highest turnover in the history. NSE F & O turnover was at Rs 90751 crore.
In currency market, Yen appreciated by 54 bps at 116.7 while Rupee depreciated by 15 bps at 39.36.
Nifty futures premium was at 2 points Vs 19 points premium on Monday, added 28.5 lakh shares in OI. Power stocks continued to see addition of long positions. Short covering was seen in stocks like TTML, Balrampur Chini, HCC, Omaxe. Banking stock saw mix of fresh shorts and short covering.
Power Stocks:
Tata Power was up 21%; added 9.7 lakh shares in OI
Siemens India was up 12%; added 1.1 lakh shares in OI
Neyveli Lignite was up 10.5%; added 14 lakh shares in OI
Alstom Project was up 6.5%; added 33000 shares in OI
CESC was up 4.5%; added 7.4 lakh shares in OI
Most Buzzing Stocks:
Educomp was up 17%; added 3000 shares in OI
Patel Engineering was up 17%; added 69000 shares in OI
HCC was up 11%; cut 8.9 lakh shares in OI
Havell’s India was up 10%; added 1.9 lakh shares in OI
Highest OI Addition:
JP Hydro was up 5%; added 57.5 lakh shares in OI
NTPC was up 1.7%; added 22.5 lakh shares in OI
Alok Industries was up 6.5%; added 22.4 lakh shares in OI
Hindalco was up 6.5%; added 16.5 lakh shares in OI
Idea Cellular was up 6.5%; added 12 lakh shares in OI
ICICI Bank was up 4.5%; added 10.2 lakh shares in OI
Fresh Shorts:
IDBI was down 4%; added 45.6 lakh shares in OI
SAIL was down 1.3%; added 26.7 lakh shares in OI
IDFC was down 2.2%; added 21.5 lakh shares in OI
Sterlite was down 2.3%; added 11.9 lakh shares in OI
HUL was down 3%; added 10 lakh shares in OI
Short Covering:
Banking Stocks: Syndicate Bank, Allahabad Bank, CBI
TTML, Balrampur Chini, HCC, Omaxe, Satyam Computers, JP Associates
