Equity & Derivatives

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Date Heading Details
20-Aug-2019   17:57 Hrs IST Nifty end in red; hold 11k mark <p align="justify">In a volatile trading session S&amp;P CNX Nifty snapped Tuesday's trade in negative terrain with cut of one third of a percent. Markets made a positive start, as traders took some support with Finance Minister Nirmala Sitharaman's statement that corporate tax rate for companies with over Rs 400 crore turnover will be gradually cut to 25% and the government will support wealth creators. However, markets soon wiped out all of their gains to enter into negative territory, as traders turned cautious with former RBI Governor Raghuram Rajan calling slowdown in the economy very worrisome and said the government needs to fix the immediate problems in power and non-bank financial sectors and come out with a new set of reforms to energise private sector to invest. However, market gained some momentum in last leg of the trade to erase some of its losses to end off day's low, as investors got solace with top American lawmaker urging the Trump Administration to resolve the trade tension with India as soon as possible, saying the dispute benefits none.</p><p align="justify">Most of the NSE sectoral indices ended in red, except Auto, IT and Pharma. The top gainers from the F&amp;O segment were Mahanagar Gas, Max Financial Services and NIIT Technologies. On the other hand, the top losers were NMDC, Reliance Capital and Yes Bank. In the index option segment, maximum OI continues to be seen in the 10,900- 11,200 calls and 10,900- 11,200 puts indicating this is the trading range expectation.<br></p><p align="justify"><img width="677" height="368" alt="" src="http://123.108.34.150/News/News/UploadFiles/nifity%2020%20Aug%202019.jpg"><br></p><p align="justify">India Volatility Index (VIX), a gauge for market's short term expectation of volatility decreased by 0.69 and reached 16.63.The 50 share Nifty was down by 36.90 points or 0.33% to settle at 11,017.00.<br></p><p align="justify">Nifty August 2019 futures closed at 11028.10 on Tuesday, at a premium of 11.10 points over spot closing of 11017.00, while Nifty September 2019 futures ended at 11073.30, at a premium of 56.30 points over spot closing. Nifty August futures saw an addition of 0.53 million (mn) units, taking the total outstanding open interest (OI) to 18.40 mn units. The near month derivatives contract will expire on August 29, 2019. <br></p><p align="justify">From the most active contracts, Yes Bank August 2019 futures traded at a discount of 1.15 points at 70.40 compared with spot closing of 71.55. The numbers of contracts traded were 57,825. <br></p><p align="justify">Indiabulls Housing Finance August 2019 futures traded at a discount of 1.30 points at 517.70 compared with spot closing of 519.00. The numbers of contracts traded were 37,226. <br></p><p align="justify">Maruti Suzuki India August 2019 futures traded at a discount of 47.40 points at 6175.60 compared with spot closing of 6223.00. The numbers of contracts traded were 29,652. <br></p><p align="justify">Reliance Industries August 2019 futures traded at a discount of 0.65 points at 1277.90 compared with spot closing of 1278.55. The numbers of contracts traded were 24,169. <br></p><p align="justify">State Bank of India August 2019 futures traded at a premium of 0.50 points at 284.35 compared with spot closing of 283.85. The numbers of contracts traded were 21,681. <br></p><p align="justify">Among, Nifty calls, 11,100 SP from the August month expiry was the most active call with an addition of 0.21 million open interests. Among Nifty puts, 11000 from the August month expiry was the most active put with an addition of 0.005 million open interests. The maximum OI outstanding for Calls was at 11000 SP (2.61 mn) and that for Puts was at 11,000 SP (3.81 mn). The respective Support and Resistance levels of Nifty are: Resistance &nbsp;11,067.10--Pivot Point &nbsp;11,026.20--Support--10,976.10.<br></p><p align="justify">The Nifty Put Call Ratio (PCR) finally stood at 1.12 for August month contract. The top five scrips with highest PCR on Oracle Financial Services Software (2.00), Hindustan Unilever (1.61), Asian Paints (1.56), Godrej Consumer Products(1.21) and Hindustan Zinc (1.18).<br></p><p align="justify">Among most active underlying, Reliance Industries witnessed a contraction of 0.76 million units of Open Interest in the August month futures contract, followed by State Bank of India witnessing a contraction of 0.11 million units of Open Interest in the August month contract, Maruti Suzuki India witnessed a contraction of 0.10 million units of Open Interest in the August month contract, Infosys witnessed an addition of 0.68 million units of Open Interest in the August month contract and Indiabulls Housing Finance witnessed an addition of 0.37 million units of Open Interest in the August month future contract. <br></p>
20-Aug-2019   17:38 Hrs IST Nifty August 2019 futures close at a premium of 11.10 points over spot closing <p align="justify">Nifty August 2019 futures closed at 11028.10 on Tuesday, at a premium of 11.10 points over spot closing of 11017.00, while Nifty September 2019 futures ended at 11073.30, at a premium of 56.30 points over spot closing. Nifty August futures saw an addition of 0.53 million (mn) units, taking the total outstanding open interest (OI) to 18.40 mn units. The near month derivatives contract will expire on August 29, 2019. <br></p><p align="justify">From the most active contracts, Yes Bank August 2019 futures traded at a discount of 1.15 points at 70.40 compared with spot closing of 71.55. The numbers of contracts traded were 57,825. <br></p><p align="justify">Indiabulls Housing Finance August 2019 futures traded at a discount of 1.30 points at 517.70 compared with spot closing of 519.00. The numbers of contracts traded were 37,226. <br></p><p align="justify">Maruti Suzuki India August 2019 futures traded at a discount of 47.40 points at 6175.60 compared with spot closing of 6223.00. The numbers of contracts traded were 29,652. <br></p><p align="justify">Reliance Industries August 2019 futures traded at a discount of 0.65 points at 1277.90 compared with spot closing of 1278.55. The numbers of contracts traded were 24,169. <br></p><p align="justify">State Bank of India August 2019 futures traded at a premium of 0.50 points at 284.35 compared with spot closing of 283.85. The numbers of contracts traded were 21,681. <br></p>
20-Aug-2019   09:22 Hrs IST FIIs were net sellers of Rs 873.95 crore in index futures and options segments on August 19
20-Aug-2019   09:20 Hrs IST F&O total turnover stood at Rs 8,73,914.63 crore on August 19
19-Aug-2019   18:09 Hrs IST Nifty ends slightly higher; holds 11,050 mark
19-Aug-2019   17:41 Hrs IST Nifty August 2019 futures close at a premium of 4.20 points over spot closing
17-Aug-2019   10:07 Hrs IST FIIs were net buyers of Rs 198.98 crore in index futures and options segments on August 16
17-Aug-2019   10:06 Hrs IST F&O total turnover stood at Rs 8,29,535.40 crore on August 16
16-Aug-2019   18:05 Hrs IST Nifty ends slightly higher; holds 11,000 mark
16-Aug-2019   17:37 Hrs IST Nifty August 2019 futures close at a premium of 16.85 points over spot closing