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22-Apr-2021   17:25 Hrs IST Nifty snaps two day's losing streak <P align=justify>S&amp;P CNX --Nifty-- snapped two day's losing streak on Thursday and ended the session with gains of above half a percent. Market made negative opening, as domestic rating agency ICRA has cut its 2021-22 GDP growth estimate by 0.5 per cent on the upper end. The agency now expects the economy to grow 10-10.5 per cent in 2021-22, against the 10-11 per cent estimated earlier. Starting with Maharashtra, a slew of other pockets in the country like Delhi have been taking to localised lockdowns to arrest the climbing COVID-19 cases, which derails economic activity. Market remained in red, after Care Ratings revised down its forecast for GDP growth to 10.2 per cent in 2021-22 from earlier projection of 10.7-10.9 per cent, with economic activities getting affected across the country due to curbs imposed by states amid surge in COVID-19 cases. <P align=justify>However, in afternoon session market wiped out all its losses to enter into green territory, as Commerce Secretary Anup Wadhawan said the country's exports are reviving and the shipments are expected to be in the solid positive territory in this financial year. He said that exports recorded a significant contraction in April last year but gradually things started improving and the shipments have entered the positive territory. Market extended its gains and ended the session near intraday high point, as India posted an impressive growth in exports of agriculture and allied products in FY21, with buoyant shipments of a host of commodities including non-basmati rice, wheat, soyameal, spices, sugar, cotton, fresh vegetables, processed vegetables and alcoholic beverages, despite the pandemic and the overall exports slump.<P align=justify>Most of the sectoral indices ended in green except FMGC, IT and Pharma. The top gainers from the F&amp;O segment were Navin Fluorine International, Indiabulls Housing Finance and SAIL. On the other hand, the top losers were Escorts, Coforge and Pfizer. In the index option segment, maximum OI continues to be seen in the 14700 16700 calls and 13,900 14,600 puts indicating this is the trading range expectation.<P align=justify><IMG alt="" src="http://newsentry.accordwebservices.in/News/UploadFiles/Nifty%2022%20april.jpg" width=677 height=367><BR><P align=justify>India Volatility Index (VIX), a gauge for market's short term expectation of volatility increased by 2.67% and reached 23.03. The 50 share Nifty up by 109.75 points or 0.77% to settle at 14,406.15.<P align=justify>Nifty April 2021 futures closed at 14405.30 (LTP) on Thursday, at a discount of 0.85 points over spot closing of 14406.15, while Nifty May 2021 futures ended at 14453.00 (LTP), at a premium of 46.85 points over spot closing. Nifty April futures saw a contarction of 1,805 units, taking the total open interest (Contracts) to 1,44,875 units. The near month derivatives contract will expire on April 29, 2021 (Provisional).<P align=justify>From the most active contracts, ICICI Bank April 2021 futures traded at a discount of 0.50 points at 577.90 (LTP) compared with spot closing of 578.40. The numbers of contracts traded were 34,735 (Provisional).<P align=justify>Adani Ports April 2021 futures traded at a premium of 0.55 points at 737.00 (LTP) compared with spot closing of 736.45. The numbers of contracts traded were 27,751 (Provisional).<P align=justify>Reliance Industries April 2021 futures traded at a premium of 0.60 points at 1905.70 (LTP) compared with spot closing of 1905.10. The numbers of contracts traded were 26,323 (Provisional).<P align=justify>Tata Steel April 2021 futures traded at a premium of 2.75 points at 925.25 (LTP) compared with spot closing of 922.50. The numbers of contracts traded were 25,587 (Provisional).<P align=justify>HDFC Bank April 2021 futures traded at a discount of 2.15 points at 1418.85 (LTP) compared with spot closing of 1421.00. The numbers of contracts traded were 24,579 (Provisional).<P align=justify>Among, Nifty calls, 14500 SP from the April month expiry was the most active call with an addition of 4,472 units open interests. Among Nifty puts, 14000 SP from the April month expiry was the most active put with an addition of 16,028 units open interests. The maximum OI outstanding for Calls was at 15000 SP (53,619 units) and that for Puts was at 14000 SP (64,524 units). The respective Support and Resistance levels of Nifty are: Resistance 14,503.47 -- Pivot Point 14,327.43 -- Support -- 14,230.12.<P align=justify>The Nifty Put Call Ratio (PCR) finally stood at (1.17) for April month contract. The top five scrips with highest PCR on Wipro (1.33), PVR (1.19), Bata india (1.17), Indigo (1.03) and JSW Steel (1.01). <P align=justify>Among most active underlying, Adani Ports witnessed a contraction of 5,509 units of Open Interest in the April month futures contract, Tata Steel witnessed an addition of 1,541 units of Open Interest in the April month futures contract, ICICI Bank witnessed an addition of 5,167 units of Open Interest in the April month futures contract, JSW Steel witnessed an addition of 254 units of Open Interest in the April month futures contract and Wipro witnessed an addition of 1,608 units of Open Interest in the April month futures contract (Provisional).
22-Apr-2021   17:05 Hrs IST Nifty April 2021 futures close at a discount of 0.85 points over spot closing <P align=justify>Nifty April 2021 futures closed at 14405.30 (LTP) on Thursday, at a discount of 0.85 points over spot closing of 14406.15, while Nifty May 2021 futures ended at 14453.00 (LTP), at a premium of 46.85 points over spot closing. Nifty April futures saw a contarction of 1,805 units, taking the total open interest (Contracts) to 1,44,875 units. The near month derivatives contract will expire on April 29, 2021 (Provisional).<P align=justify>From the most active contracts, ICICI Bank April 2021 futures traded at a discount of 0.50 points at 577.90 (LTP) compared with spot closing of 578.40. The numbers of contracts traded were 34,735 (Provisional).<P align=justify>Adani Ports April 2021 futures traded at a premium of 0.55 points at 737.00 (LTP) compared with spot closing of 736.45. The numbers of contracts traded were 27,751 (Provisional).<P align=justify>Reliance Industries April 2021 futures traded at a premium of 0.60 points at 1905.70 (LTP) compared with spot closing of 1905.10. The numbers of contracts traded were 26,323 (Provisional).<P align=justify>Tata Steel April 2021 futures traded at a premium of 2.75 points at 925.25 (LTP) compared with spot closing of 922.50. The numbers of contracts traded were 25,587 (Provisional).<P align=justify>HDFC Bank April 2021 futures traded at a discount of 2.15 points at 1418.85 (LTP) compared with spot closing of 1421.00. The numbers of contracts traded were 24,579 (Provisional).<P align=justify>
21-Apr-2021   08:03 Hrs IST FIIs were net sellers of Rs 2170.12 crore in index futures and options segments on April 20
21-Apr-2021   08:02 Hrs IST F&O total turnover stood at Rs 41,71,483.21 crore on April 20
20-Apr-2021   17:31 Hrs IST Last hour sell-off drags Nifty lower
20-Apr-2021   17:01 Hrs IST Nifty April 2021 futures close at a discount of 6.40 points over spot closing
20-Apr-2021   08:54 Hrs IST FIIs were net sellers of Rs 835.98 crore in index futures and options segments on April 19
20-Apr-2021   08:53 Hrs IST F&O total turnover stood at Rs 30,83,299.97 crore on April 19
19-Apr-2021   17:25 Hrs IST Nifty resumes southbound journey
19-Apr-2021   17:05 Hrs IST Nifty April 2021 futures close at a premium of 24.55 points over spot closing