Equity & Derivatives

News

Date Heading Details
06-Jul-2020   18:29 Hrs IST Nifty continues bull run; surpasses 10750 mark <P align=justify>The local benchmark -- Nifty -- ended the wonderful day of trade with gain of around one and half percent. Earlier, market made positive start, as traders took support with Commerce and Industry Minister Piyush Goyal's statement the country's exports, after contracting drastically in April and May due to the COVID-19 pandemic, are ‘recovering fast' and it will be reflected in the data for June. Key index continued its rally mood to reach at intraday high point, as traders remain energized with a report that farm activity has seen an uptick in June, aided by heavy rainfall, with 87% more area coming under cultivation of various key crops so far in the season compared to last year. <P align=justify>Adding optimism, a reports stated that promoters of stressed companies will get more flexibility in attracting investors and the process of determining the right price for assets would get easier following a new set of amendments introduced by capital market regulator Sebi in its preferential share issuance norms. However, in the late afternoon deals, market gains got trimmed with ICRA's report stating that the states' combined market borrowings as state development loans (SDL) have doubled to Rs 1.7 lakh crore during Q1 (April-June) of FY 2020-21 from Rs 0.8 lakh crore in same quarter of the previous fiscal year, on account of expenditure to fight Coronavirus disease (COVID-19) pandemic and lower tax realisation due to multiple lockdown extensions.<P align=justify>All of the NSE sectoral indices ended in green except Pharma. The top gainers from the F&amp;O segment were The Bharat Heavy Electricals, Mahindra &amp; Mahindra and Bajaj Finance. On the other hand, the top losers were Lupin, Torrent Pharmaceuticals and Vodafone Idea. In the index option segment, maximum OI continues to be seen in the 11,200 - 11,700 calls and 9700- 10300 puts indicating this is the trading range expectation.<BR><P align=justify><IMG alt="" src="http://123.108.34.150/News/News/UploadFiles/06th%20july%20nifty%20graph.jpg" width=675 height=365><BR><P align=justify>India Volatility Index (VIX), a gauge for market's short-term expectation of volatility decreased by 2.21% and reached 25.19. The 50 share Nifty up by 156.30 points or 1.47 % to settle at 10,763.65.<BR><P align=justify>Nifty July 2020 futures closed at 10760.45 (LTP) on Monday, at a discount of 3.20 points over spot closing of 10763.65, while Nifty August 2020 futures ended at 10761.05 (LTP), at a discount of 2.60 points over spot closing. Nifty July futures saw an addition of 0.95 million (mn) units, taking the total outstanding open interest (OI) to 11.89 mn units. The near month derivatives contract will expire on July 30, 2020 (Provisional).<BR><P align=justify>From the most active contracts, Reliance Industries July 2020 futures traded at a premium of 1.10 points at 1856.10 (LTP) compared with spot closing of 1855.00. The numbers of contracts traded were 55,307 (Provisional).<BR><P align=justify>Bajaj Finance July 2020 futures traded at a premium of 5.25 points at 3126.25 (LTP) compared with spot closing of 3121.00. The numbers of contracts traded were 44,452 (Provisional).<BR><P align=justify>HDFC Bank July 2020 futures traded at a discount of 1.15 points at 1101.30 (LTP) compared with spot closing of 1102.45. The numbers of contracts traded were 30,537 (Provisional).<BR><P align=justify>ICICI Bank July 2020 futures traded at a premium of 1.50 points at 363.90 (LTP) compared with spot closing of 362.40. The numbers of contracts traded were 30,386 (Provisional).<BR><P align=justify>Indusind Bank July 2020 futures traded at a premium of 2.10 points at 499.00 (LTP) compared with spot closing of 496.90. The numbers of contracts traded were 23,210 (Provisional).<BR><P align=justify>Among, Nifty calls, 11000 SP from the July month expiry was the most active call with an addition of 0.12 million open interests. Among Nifty puts, 10000 SP from the July month expiry was the most active put with an addition of 0.019 million open interests. The maximum OI outstanding for Calls was at 11500 SP (2.42 mn) and that for Puts was at 10000 SP (3.09 mn). The respective Support and Resistance levels of Nifty are: Resistance 10,818.33 -- Pivot Point 10,756.72 -- Support -- 10,702.03.<BR><P align=justify>The Nifty Put Call Ratio (PCR) finally stood at (1.54) for July month contract. The top five scrips with highest PCR on Bharat Forge (1.25), Piramal Enterprises (1.23), Mahindra &amp; Mahindra (1.21), Bajaj Finance (1.11) and TCS (1.10).<BR><P align=justify>Among most active underlying, Reliance Industries witnessed an addition of 0.51 million units of Open Interest in the July month futures contract, followed by Bajaj Finance witnessing an addition of 0.13 million units of Open Interest in the July month contract, HDFC Bank witnessed an addition of 0.01 million units of Open Interest in the July month contract, Bharti Airtel witnessed an addition of 1.40 million units of Open Interest in the July month contract and ICICI Bank witnessed a contraction of 0.50 million units of Open Interest in the July month future contract.
06-Jul-2020   17:42 Hrs IST Nifty July 2020 futures close at a discount of 3.20 points over spot closing <P align=justify>Nifty July 2020 futures closed at 10760.45 (LTP) on Monday, at a discount of 3.20 points over spot closing of 10763.65, while Nifty August 2020 futures ended at 10761.05 (LTP), at a discount of 2.60 points over spot closing. Nifty July futures saw an addition of 0.95 million (mn) units, taking the total outstanding open interest (OI) to 11.89 mn units. The near month derivatives contract will expire on July 30, 2020 (Provisional).<BR><P align=justify>From the most active contracts, Reliance Industries July 2020 futures traded at a premium of 1.10 points at 1856.10 (LTP) compared with spot closing of 1855.00. The numbers of contracts traded were 55,307 (Provisional).<BR><P align=justify>Bajaj Finance July 2020 futures traded at a premium of 5.25 points at 3126.25 (LTP) compared with spot closing of 3121.00. The numbers of contracts traded were 44,452 (Provisional).<BR><P align=justify>HDFC Bank July 2020 futures traded at a discount of 1.15 points at 1101.30 (LTP) compared with spot closing of 1102.45. The numbers of contracts traded were 30,537 (Provisional).<BR><P align=justify>ICICI Bank July 2020 futures traded at a premium of 1.50 points at 363.90 (LTP) compared with spot closing of 362.40. The numbers of contracts traded were 30,386 (Provisional).<BR><P align=justify>Indusind Bank July 2020 futures traded at a premium of 2.10 points at 499.00 (LTP) compared with spot closing of 496.90. The numbers of contracts traded were 23,210 (Provisional).<P align=justify><BR>
04-Jul-2020   08:43 Hrs IST FIIs were net buyers of Rs 1143.26 crore in index futures and options segments on July 3
04-Jul-2020   08:42 Hrs IST F&O total turnover stood at Rs 7,92,884.44 crore on July 3
03-Jul-2020   18:59 Hrs IST Nifty ends on optimistic note; surpasses 10,600 mark
03-Jul-2020   18:25 Hrs IST Nifty July 2020 futures close at a discount of 39.35 points over spot closing
03-Jul-2020   08:44 Hrs IST FIIs were net buyers of Rs 3437.62 crore in index futures and options segments on July 2
03-Jul-2020   08:43 Hrs IST F&O total turnover stood at Rs 34,58,396.29 crore on July 2
02-Jul-2020   18:36 Hrs IST Nifty ends in green zone; reclaims 10,500 mark
02-Jul-2020   17:49 Hrs IST Nifty July 2020 futures close at a premium of 0.20 points over spot closing