Equity & Derivatives

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Date Heading Details
09-Dec-2019   17:50 Hrs IST Nifty manages to close above water <p align="justify">The local benchmark, Nifty closed the volatile day of trade with marginal gain. Market made a cautious start, as traders remained concerned with Former Reserve Bank of India (RBI) governor Raghuram Rajan's statement that India is in the midst of a ‘growth recession' with signs of deep malaise in the Indian economy that is being run through extreme centralization of power in Prime Minister's Office and powerless ministers. However, market turned into optimistic mood, as street got some relief with Finance Minister Nirmala Sitharaman's statement that the government is working on more measures to revive the sagging economy. Meanwhile, Former Union minister Suresh Prabhu states that startups are going to play a vital role in making India a $5 trillion economy.</p><p align="justify">The index managed to keep its head above the water for rest of the session, as traders remained enthusiastic with Former Union minister Suresh Prabhu's statement that startups are going to play a vital role in making India a $5 trillion economy. He also said ‘so, when we talk about $5 trillion economy, it will be largely from the startups. It is inevitably bound to happen all over the world, thankfully our prime minister realised it and had that vision to understand the changing economic scenario of the Indian economy. However, gains remain capped with report that as many as 373 infrastructure projects, each worth Rs 150 crore or more, are hit by cost overruns of more than Rs 3.89 lakh crore owing to delays and other reasons. Finally, Nifty ended the volatile day of trade above its 11925 mark.<br></p><p align="justify"></p><p align="justify">Traders were seen piling up positions in Auto, Finacial services and Metal, while selling was witnessed in Bank, FMGC and Media. The top gainers from the F&amp;O segment were Dish TV India, Mahindra &amp; Mahindra Financial Services and Steel Authority of India. On the other hand, the top losers were Vodafone Idea, Indiabulls Housing Finance and Apollo Hospitals Enterprise. In the index option segment, maximum OI continues to be seen in the 11800 - 12,300 calls and 11,750 - 12,200 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%2009%20dec%202019.jpg"><br></p><p align="justify">India Volatility Index (VIX), a gauge for market's short term expectation of volatility increased by 7.02% and reached 14.59.The 50 share Nifty was up by 16.00 points or 0.13% to settle at 11,937.50.<br></p><p align="justify">Nifty December 2019 futures closed at 11967.00 (LTP) on Monday, at a premium of 29.50 points over spot closing of 11937.50, while Nifty January 2019 futures ended at 12008.85(LTP), at a premium of 71.35 points over spot closing. Nifty December futures saw an addition of 0.14 million (mn) units, taking the total outstanding open interest (OI) to 13.58 mn units. The near month derivatives contract will expire on December 26, 2019 (Provisional).<br></p><p align="justify">From the most active contracts, Indiabulls Housing Finance December 2019 futures traded at a premium of 0.10 points at 259.60 compared with spot closing of 259.50. The numbers of contracts traded were 49,386 (Provisional).<br></p><p align="justify">State Bank of India December 2019 futures traded at a premium of 1.50 points at 318.55 compared with spot closing of 317.05. The numbers of contracts traded were 44,639 (Provisional).<br></p><p align="justify">Yes Bank December 2019 futures traded at a discount of 3.50 points at 52.80 compared with spot closing of 56.30. The numbers of contracts traded were 29,140 (Provisional).<br></p><p align="justify">RBL Bank December 2019 futures traded at a premium of 0.65 points at 335.65 compared with spot closing of 335.00. The numbers of contracts traded were 22,671 (Provisional).<br></p><p align="justify">Reliance Industries December 2019 futures traded at a premium of 3.95 points at 1576.90 compared with spot closing of 1572.95. The numbers of contracts traded were 20,885 (Provisional).<br></p><p align="justify">Among, Nifty calls, 12000 SP from the December month expiry was the most active call with an addition of 0.15 million open interests. Among Nifty puts, 11900 from the December month expiry was the most active put with an addition of 0.18 units open interests. The maximum OI outstanding for Calls was at 12000 SP (2.34 mn) and that for Puts was at 12000 SP (3.29 mn). The respective Support and Resistance levels of Nifty are: Resistance 11,983.62 -- Pivot Point 11,935.83 -- Support -- 11,889.72.<br></p><p align="justify">The Nifty Put Call Ratio (PCR) finally stood at 1.18 for December month contract. The top five scrips with highest PCR on Shree Cement (1.50), Shriram Transport Finance Company (1.41), Just Dial (1.21), Bajaj Finance (1.04) and Bharti Airtel (0.92).<br></p><p align="justify">Among most active underlying, State Bank of India witnessed an addition of 5.73 million units of Open Interest in the December month futures contract, followed by Reliance Industries witnessing a contraction of 0.16 million units of Open Interest in the December month contract, Maruti Suzuki India witnessed an addition of 0.02 million units of Open Interest in the December month contract, Axis Bank witnessed an addition of 0.00 million units of Open Interest in the December month contract and ICICI Bank witnessed an addition of 0.96 million units of Open Interest in the December month future contract (Provisional).</p>
09-Dec-2019   17:23 Hrs IST Nifty December 2019 futures close at a premium of 29.50 points over spot closing <p align="justify">Nifty December 2019 futures closed at 11967.00 (LTP) on Monday, at a premium of 29.50 points over spot closing of 11937.50, while Nifty January 2019 futures ended at 12008.85(LTP), at a premium of 71.35 points over spot closing. Nifty December futures saw an addition of 0.14 million (mn) units, taking the total outstanding open interest (OI) to 13.58 mn units. The near month derivatives contract will expire on December 26, 2019 (Provisional).<br></p><p align="justify">From the most active contracts, Indiabulls Housing Finance December 2019 futures traded at a premium of 0.10 points at 259.60 compared with spot closing of 259.50. The numbers of contracts traded were 49,386 (Provisional).<br></p><p align="justify">State Bank of India December 2019 futures traded at a premium of 1.50 points at 318.55 compared with spot closing of 317.05. The numbers of contracts traded were 44,639 (Provisional).<br></p><p align="justify">Yes Bank December 2019 futures traded at a discount of 3.50 points at 52.80 compared with spot closing of 56.30. The numbers of contracts traded were 29,140 (Provisional).<br></p><p align="justify">RBL Bank December 2019 futures traded at a premium of 0.65 points at 335.65 compared with spot closing of 335.00. The numbers of contracts traded were 22,671 (Provisional).<br></p><p align="justify">Reliance Industries December 2019 futures traded at a premium of 3.95 points at 1576.90 compared with spot closing of 1572.95. The numbers of contracts traded were 20,885 (Provisional).</p><p align="justify"><br></p><p align="justify"><br></p>
07-Dec-2019   09:44 Hrs IST FIIs were net buyers of Rs 2946.16 crore in index futures and options segments on December 6
07-Dec-2019   09:43 Hrs IST F&O total turnover stood at Rs 10,03,596.87 crore on December 6
06-Dec-2019   17:58 Hrs IST Nifty sinks in red; breaches 11,950 mark
06-Dec-2019   17:29 Hrs IST Nifty December 2019 futures close at a premium of 28 points over spot closing
06-Dec-2019   09:17 Hrs IST FIIs were net buyers of Rs 337.38 crore in index futures and options segments on December 5
06-Dec-2019   09:16 Hrs IST F&O total turnover stood at Rs 30,97,946.67 crore on December 5
05-Dec-2019   17:59 Hrs IST Nifty ends volatile session in red
05-Dec-2019   17:23 Hrs IST Nifty December 2019 futures close at a premium of 25.35 points over spot closing