Printer Friendly

India : Nifty Open Interest PCR rises to 1.47 vs 1.40.

FIIs were net buyers to the tune of Rs 1058 crore in Nifty options and net buyers of Rs 566 crore in Stock futures. Nifty July futures ended at 5-point discount and Nifty August futures at par with spot.

Nifty Open Interest PCR increased to 1.47 versus 1.40. Nifty 5400 Put added 10 lakh shares in Open Interest while Nifty 5400 Call shed 5.8 lakh shares in Open Interest. Stock futures added 1.3 crore shares in Open Interest.

Fresh long positions were seen in Idea Cellular and UCO Bank Idea rose 4.8% and its futures Open Interest was up 10%. UCO Bank gained 5.4% and its futures Open Interest was up 8%.

Fresh short positions were seen in Praj Industries. The stock was down 4.8% and its futures Open Interest was up 14%. Long unwinding was seen in IFCI and Kingfisher Airlines. IFCI was down 4.3% and its futures Open Interest was down 6%. Kingfisher fell 4% and its futures Open Interest was down 4%.

Copyright : Euclid Infotech Pvt. Ltd.

Provided by an company
COPYRIGHT 2010 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2010 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Date:Jul 26, 2010
Previous Article:India : [pounds sterling]500-million arms deal on Cameron's wish-list for India.
Next Article:India : Indian Oil Corporation Q1 loss widens to Rs 3388.39 crores.

Terms of use | Privacy policy | Copyright © 2022 Farlex, Inc. | Feedback | For webmasters |