Equity & Derivatives

News

Date Heading Details
27-Jan-2020   17:58 Hrs IST Nifty resumes southward journey; ends below 12150 level <p align="justify">The local benchmark, Nifty witnessed lackluster day of trade on Monday and snapped the session below its crucial 12150 level. Markets made negative start with a private report indicating that the country's fiscal deficit for 2019-20 is expected to widen to 3.8% and the upcoming Budget may set a target of 3.5% for 2020-21. The market remained in the bearish mood for rest of the day, as sentiments remained down-beat with Nobel laureate and economist Abhijit Banerjee's statement that the banking sector in the country is ‘stressed' and the government is in no position to bail it out. He said the demand slowdown in the automobile sector also shows that people are lacking confidence in the economy. In the last leg trade, index touched its intraday low point, as traders remain concerned with private report that India's corporate and income tax collection for the current year is likely to fall for the first time in at least two decades, amid a sharp fall in economic growth and cut in corporate tax rates.&nbsp; </p><p align="justify"></p><p align="justify">Most of the NSE sectoral indices ended in red, except Pharma. The top gainers from the F&amp;O segment Dr. Reddy's Laboratories, RBL Bank and Cholamandalam Investment and Finance Company. On the other hand, the top losers were Jindal Steel &amp; Power, Steel Authority of India and Vedanta. In the index option segment, maximum OI continues to be seen in the 12000 - 12,400 calls and 11,900 12,350 puts indicating this is the trading range expectation.<br></p><p align="justify"><img width="677" height="388" alt="" src="http://123.108.34.150/News/News/UploadFiles/nifity%2027%20jan%202020.jpg"><br></p><p align="justify">India Volatility Index (VIX), a gauge for market's short term expectation of volatility increased by 10.38% and reached 17.17. The 50 share Nifty was down by 129.25 points or 1.06% to settle at 12,119.00.<br></p><p align="justify">Nifty January 2020 futures closed at 12118.95 (LTP) on Monday, at a discount of 0.05 points over spot closing of 12119.00, while Nifty February 2020 futures ended at 12160.00 (LTP), at a premium of 41 points over spot closing. Nifty January futures saw an addition of 1.01 million (mn) units, taking the total outstanding open interest (OI) to 13.40 mn units. The near month derivatives contract will expire on January 30, 2020 (Provisional).<br></p><p align="justify">From the most active contracts, ICICI Bank January 2020 futures traded at a premium of 0.10 points at 536.00 (LTP) compared with spot closing of 535.90. The numbers of contracts traded were 2,390 (Provisional).<br></p><p align="justify">Housing Development Finance Corporation January 2020 futures traded at a premium of 4.25 points at 2394.20 (LTP) compared with spot closing of 2389.95. The numbers of contracts traded were 41,400 (Provisional).<br></p><p align="justify">Dr. Reddy'S Laboratories January 2020 futures traded at a premium of 7.95 points at 3207.95 (LTP) compared with spot closing of 3200.00. The numbers of contracts traded were 32,510 (Provisional).<br></p><p align="justify">Reliance Industries January 2020 futures traded at a discount of 0.30 points at 1507.70 (LTP) compared with spot closing of 1508.00. The numbers of contracts traded were 26,144 (Provisional).<br></p><p align="justify">Indiabulls Housing Finance January 2020 futures traded at a premium of 0.75 points at 323.60 (LTP) compared with spot closing of 322.85. The numbers of contracts traded were 23,987 (Provisional).<br></p><p align="justify">Among, Nifty calls, 12200 SP from the January month expiry was the most active call with an addition of 3.06 million open interests. Among Nifty puts, 12100 from the January month expiry was the most active put with an addition of 0.18 million open interests. The maximum OI outstanding for Calls was at 12200 SP (5.57 mn) and that for Puts was at 12000 SP (4.37 mn). The respective Support and Resistance levels of Nifty are: Resistance 12,188.07 -- Pivot Point 12,147.53 -- Support --12,078.47. <br></p><p align="justify">The Nifty Put Call Ratio (PCR) finally stood at 0.94 for January month contract. The top five scrips with highest PCR on Tata Chemicals (1.27), Indraprastha Gas (1.19), Mahindra &amp; Mahindra Fin. Services (1.16), ICICI Prudential Life Insurance (1.16) and Dr. Reddy's Laboratories (1.12).<br></p><p align="justify">Among most active underlying, Icici Bank witnessed an addition of 5.22 million units of Open Interest in the January month futures contract, followed by State Bank Of India witnessing an addition of 3.30 million units of Open Interest in the January month contract, Dr. Reddy's Laboratories witnessed an addition of 0.72 million units of Open Interest in the January month contract, Reliance Industries witnessed an addition of 1.09 million units of Open Interest in the January month contract and Housing Development Finance Corporation witnessed an addition of 6.83 million units of Open Interest in the January month future contract (Provisional).</p>
27-Jan-2020   17:15 Hrs IST Nifty January 2020 futures close at a discount of 0.05 points over spot closing <p align="justify">Nifty January 2020 futures closed at 12118.95 (LTP) on Monday, at a discount of 0.05 points over spot closing of 12119.00, while Nifty February 2020 futures ended at 12160.00 (LTP), at a premium of 41 points over spot closing. Nifty January futures saw an addition of 1.01 million (mn) units, taking the total outstanding open interest (OI) to 13.40 mn units. The near month derivatives contract will expire on January 30, 2020 (Provisional).<br></p><p align="justify">From the most active contracts,&nbsp;ICICI Bank January 2020 futures traded at a premium of 0.10 points at 536.00 (LTP) compared with spot closing of 535.90. The numbers of contracts traded were 2,390 (Provisional).<br></p><p align="justify">Housing Development Finance Corporation January 2020 futures traded at a premium of 4.25 points at 2394.20 (LTP) compared with spot closing of 2389.95. The numbers of contracts traded were 41,400 (Provisional).<br></p><p align="justify">Dr. Reddy'S Laboratories January 2020 futures traded at a premium of 7.95 points at 3207.95 (LTP) compared with spot closing of 3200.00. The numbers of contracts traded were 32,510 (Provisional).<br></p><p align="justify">Reliance Industries January 2020 futures traded at a discount of 0.30 points at 1507.70 (LTP) compared with spot closing of 1508.00. The numbers of contracts traded were 26,144 (Provisional).<br></p><p align="justify">Indiabulls Housing Finance January 2020 futures traded at a premium of 0.75 points at 323.60 (LTP) compared with spot closing of 322.85. The numbers of contracts traded were 23,987 (Provisional).<br></p>
27-Jan-2020   09:21 Hrs IST FIIs were net sellers of Rs 1324.24 crore in index futures and options segments on January 24
27-Jan-2020   09:19 Hrs IST F&O total turnover stood at Rs 966739.73 crore on January 24
24-Jan-2020   17:46 Hrs IST Nifty continue gaining streak for second straight day
24-Jan-2020   16:54 Hrs IST Nifty January 2020 futures close at a premium of 22.95 points over spot closing
24-Jan-2020   09:17 Hrs IST FIIs were net buyers of Rs 2512.39 crore in index futures and options segments on January 23
24-Jan-2020   09:16 Hrs IST F&O total turnover stood at Rs 3445384.84 crore on January 23
23-Jan-2020   18:11 Hrs IST Nifity snaps 4 day losing streak; ends above 12150 mark
23-Jan-2020   17:14 Hrs IST Nifty January 2020 futures close at a premium of 19.50 points over spot closing