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Wednesday, July 25, 2012
Markets end in red ahead of F&O expiry
The Indian markets closed today's trade in the red zone led by selling pressure across the board. The Sensex shut shop 72 points lower and the Nifty fell 19 points. Major Headlines of the Day: HCL Technologies Q4: Beats the street, positive surprise on margins Disappointing Q1 numbers for Torrent Power; stk down 51-stocks to be removed from F&O: NSE Metal index the top loser in sectoral pack Fuel prices may get marginally cheaper in 11 states
Nifty August 2012 futures at premium
Turnover surges Nifty August futures were at 5141.85, at a premium of 32.25 points over spot closing of 5109.60. Nifty July futures were at 5116, at a premium of 6.40 points over spot closing. Turnover on NSE's futures & options (F&O) segment jumped to Rs 181966.47 crore from Rs 151384.66 crore on Tuesday, 24 July 2012. State Bank of India (SBI) July 2012 futures were at 2074.10, at a premium over spot closing of 2067.05. L&T July 2012 futures were at 1343.55, near spot closing of 1341.50. Infosys July 2012 futures were at 2167.25, near spot closing of 2165.25. In the cash market, the S&P CNX Nifty fell 18.60 points or 0.36% to settle at 5,109.60, its lowest closing level since 19 June 2012. The July 2012 derivatives contracts expire tomorrow, 26 July 2012.
Nifty August 2012 futures at premium
Turnover surges Nifty August futures were at 5141.85, at a premium of 32.25 points over spot closing of 5109.60. Nifty July futures were at 5116, at a premium of 6.40 points over spot closing. Turnover on NSE's futures & options (F&O) segment jumped to Rs 181966.47 crore from Rs 151384.66 crore on Tuesday, 24 July 2012. State Bank of India (SBI) July 2012 futures were at 2074.10, at a premium over spot closing of 2067.05. L&T July 2012 futures were at 1343.55, near spot closing of 1341.50. Infosys July 2012 futures were at 2167.25, near spot closing of 2165.25. In the cash market, the S&P CNX Nifty fell 18.60 points or 0.36% to settle at 5,109.60, its lowest closing level since 19 June 2012. The July 2012 derivatives contracts expire tomorrow, 26 July 2012.
PSU OMCs slide on fading fuel price hike hopes
Key benchmark indices edged lower to hit their lowest closing level in more than five weeks after provisional data showed that foreign funds pressed sales of Indian stocks on Tuesday, 24 July 2012. The market breadth was weak. The barometer index, BSE Sensex, was down 72.03 points or 0.43%, up about 110 points from the day's low and off close to 50 points from the day's high. Index heavyweight Reliance Industries (RIL) edged lower in volatile trade. Another index heavyweight and cigarette maker ITC edged higher ahead of its Q1 results tomorrow, 26 July 2012. PSU OMCs declined on reports the government is unlikely to raise prices of diesel, cooking gas and kerosene in the near future for fear of opposition across the political spectrum. The Sensex has lost 583.93 points or 3.35% in this month so far (till 25 July 2012). The Sensex has jumped 1,391.13 points or 9% in calendar 2012 so far (till 25 July 2012). From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 1,710.19 points or 11.29%. From a 52-week high of 18,944.60 on 26 July 2011, the Sensex has lost 2,098.55 points or 11.07%.
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