Mkts choppy: Capital goods, power stocks down
Mkts choppy: Capital goods, power stocks down
On early opening the Sensex was up 123 points at 15,466.

Mumbai: The markets have opened higher with marginal gains mirroring positive Asian cues and due to buying interest in capital goods, power, oil, banking, pharma and metal stocks.

At 0956 hrs, IST, the Sensex was up 123 points at 15,466 and the Nifty up 42 points at 4,688. The CNX Midcap was up 33 points at 6140.

ICICI Bank, BHEL, SAIL, NTPC, RPL, Dr Reddy's, Wipro and Infosys were major gainers in early trade.

TCS won new multi-year deal with Chrysler LLC. The stock opened higher.

On the primary market front, Sita Shree Food Products listed at Rs 37 as against its issue price of Rs 30.

Asian markets were trading firm. Japan's Nikkei gained 0.43% or 57.17 points at 13,350.39. Hong Kong's Hang Seng advanced 0.25% or 59.85 points at 24,324.48.

Taiwan's Taiwan Weighted rose 0.83% or 71.60 points at 8,667.94. South Korea's Seoul Composite was up 0.45% or 7.96 points at 1,774.45. However, Singapore's Straits Times was down 0.75% or 23.61 points at 3,131.95.

US markets closed a strong week on a dull note, ending the day flat. Non-farm payrolls fell 80,000 more than expected as unemployment rate increased to 5.1% from 4.8%. Dow ended 17 points down at 12609 while the Nasdaq shut shop at 2371, up 8 points.

Market cues:

· FIIs net sell $134.6 m in equity

· MFs net sell Rs 68.6 cr in equity

· NSE F&O Open Interest up by Rs 875 crore at Rs 53,289 crore

F&O cues:

· Futures Open Interest down by Rs 478 crore and Options Open Interest up by Rs 1,353 crore

· Nifty Futures add 10.7 lakh shares in Open Interest

· Nifty Open Int Put-Call ratio at 1.12 Vs 1.26

· Nifty Puts add 5 lakh shares in Open Interest

· Nifty Calls add 20.7 lakh shares in Open Interest

· Nifty 4800 Put adds 1.8 lakh shares in Open Interest

· Nifty 4100 Put adds 1.6 lakh shares in Open Interest

· Nifty 4800 Call adds 4.4 lakh shares in Open Interest

· Nifty 5000 Call adds 2.9 lakh shares in Open Interest

· Nifty 4700 Call adds 2.8 lakh shares in Open Interest

What's your reaction?

Comments

https://chuka-chuka.com/assets/images/user-avatar-s.jpg

0 comment

Write the first comment for this!