Posts Tagged ‘index’

DOLLAR INDEX “BASKET OF CURRENCIES”

The US Dollar Index (USDX) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies. It is a leading benchmark for the international value of the US dollar and the world’s most widely recognized, publicly-traded currency index. The U.S. Dollar Index is the creation of the New York Board of Trade (NYBOT). It was established in 1973 for tracking the value of the USD against a basket of currencies, which, at that time, represented the largest trading partners of the United States. The baseline of 100.00 on the USDX was set at its launch in March 1973.

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Updated on………

USDX is updated whenever US Dollar markets open, which is from Sunday evening New York time (early Monday morning Asia time) for 24 hours a day to late Friday afternoon New York time.

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Composition

It is a weighted geometric mean of the dollar’s value

compared only with:

·Euro (EUR), 57.6% weight                                    

·Japanese yen (JPY), 13.6% weight

·Pound sterling (GBP), 11.9% weight

·Canadian dollar (CAD), 9.1% weight

·Swedish krona (SEK), 4.2% weight and

·Swiss franc (CHF) 3.6% weight.

The importance of the trade weighted average between the currencies represents a more realistic asset value of underlying commodities than the actively traded dollar.

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Monitoring

By using the Dollar Index, investors can take advantage of moves in the value of the US dollar relative to a basket of world currencies or can hedge their portfolio of assets against the risk of a move in the US dollar in a single transaction. The rise and fall of the US dollar is said to be responsible for many movements in stock and commodity markets. When it looks like the US dollar is getting strong then there is a common conclusion that it will leads to weaker commodity prices.

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A Weak Dollar Can Make Commodities More Profitable

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Gone are the days when the simple fundamentals of demand and supply were used to predict prices. As rules of the game have been modified, the long-term trends are sometimes defined trend of dollar index. The increasing presence of index investors in commodities markets precipitated a fundamental process of financialization amongst the commodities markets, through which commodity prices now become the resultant of spillover effects of dollar index. Rising dollar eventually produces lower commodity prices. A falling dollar has the exact opposite effect; it is bullish for commodities. Importantly, as long as the U.S. dollar index continues to trend lower commodity futures markets are likely to continue to see their prices trend generally higher.

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The price of all US Dollar denominated commodities, like gold, will change to reflect the fact that it will take fewer or more dollars to buy that commodity. So it’s quite possible, in fact it’s almost always the case that a portion of the change in the price of gold is really just a reflection of a change in the value of the US Dollar. Sometimes that portion is insignificant. But often the opposite is true where the entire change in the gold price is simply a mathematical recalculation of an ever-changing US Dollar value.

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Therefore, in order to determine commodity price trends, one needs to develop a comprehensive and holistic approach between U.S dollar index & commodities.

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Stay Tuned for More updates :)

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Note : For More Latest Industry, Stock Market and Economy News and Updates, please click here

FLASHBACK 2009


For India, 2009, been a great year with the return of a stable government at centre, good FII inflow, 80% increase in the Indian stock market and less terror attacks. But globally, H1N1 influenza and a series of bankruptcy by some big international giants are some events, which we never want to happen again.

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Putting behind the worst annual performance ever, Indian equities were on a roll in 2009, catapulting a key index by more than 80 percent, to close the year with one of the best gains among emerging markets.

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At closing bell Thursday, the 30-share benchmark sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was ruling at 17,464.81 points with an impressive gain of 7,817.5 points, or 81.03 percent, over the previous year’s close at 9,647.31 points.

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This was the best annual performance since 1999 and was in sharp contrast to 2008, when the Sensex ended with a hefty loss of 10,639.68 points or 52.45 percent making it the third-worst performing equities index among emerging markets.

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The story was no different at the National Stock Exchange (NSE), the other major bourse in the country, where the broader 50-scrip S&P CNX Nifty gained a hefty 2,241.9 points or 75.76 percent when it closed at 5,201.05 points Thursday.

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The main factors that made key indices rise like a Phoenix was resilience of the Indian economy and impressive growth despite global slowdown that also reflected in corporate earnings and the return of the foreign institutional funds.

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According to markets watchdog, the Securities and Exchange Board of India, such overseas funds pumped about $17.46 billion into the Indian stock markets in 2009, as opposed to a net sale worth $13.135 billion for the first time in over a decade..

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‘The performance in 2009 surpassed the expectations of even the most optimistic person. There were not many places left for foreign funds to invest and India was among the few attractive destinations,’ said Jagannadham Thunuguntla, equity head at SMC Capitals.

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Even as the Sensex gained 7,817.5 points, some of the 13 sector-specific indices stood out because of their performance — the metals index appreciated the most, up 233.68 percent, while auto followed with a gain of 204.16 points..

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Similarly, the indices for information technology was up 132.78 percent, capital goods gained 104.26 percent, consumer durables rose 97.8 percent, banking gained 83.9 percent, state-run enterprises inflated 80.54 percent, power moved up by 74.3 percent.

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On the whole, the year started on a promising note with the government unveiling a second dose of fiscal stimulus to help the economy weather the adverse impact of a slowdown in the global economy — touted as the worst in eight decades.

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As a result, the Sensex rallied till Jan 6 and gained 7.13 percent in just three days of trading. But then came the confession of a multi-million dollar fraud by Satyam Computer founder B. Ramalinga Raju, triggering a 7.25 percent fall in just one session.

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Till February, the barometer index was oscillating between 9,000-odd points and 10,300-levels. But as signs of a prolonged economic recession receded the world over, Indian equities found more takers and reflected in steady rise in the index.

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By the beginning of May it was trading comfortably around the 12,000-point mark and gave a thumping welcome to the electoral victory of the Congress party-led United Progressive Alliance — that even saw suspension of trading as indices hit the upper circuit twice.

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On that eventful day of May 18, the Sensex stood at 14,284.21 points, gaining 2,110.79 points, or 17.33 percent, over the previous close, while Nifty also rose 17.3 percent, or 636.4 points, to close at 4,308.05 points.

The remaining months of the year saw a steady rise in the index with interim corrections even as events like the presentation of an industry-friendly national budget and a high growth for the economy during the second quarter boosted investor sentiments.

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Looking at individual stocks that go into the Sensex basket, the top five gainers during 2009 were Tata Motors, up 398.33 percent at Rs.792.60; Mahindra and Mahindra, up 293.23 percent at Rs.1,080.80; Sterlite Industries, up 230.45 percent at Rs.861.65; Hindalco, up 211.23 percent at Rs.160.75; and Maruti Suzuki, up 199.88 percent at Rs.1,559.65.

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Only three stocks ended lower — Bharti Airtel was down 54.02 percent at Rs.328.80; Reliance Communications was down 23.92 percent at Rs.172.90; and Reliance Industries which ended lower since the company declared a 1:1 bonus.

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Looking ahead, the markets expect some more action once the government’s divestment programme gets underway even as investors have their fingers crossed on when the Sensex will breach the magical 21,000 mark.

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So, overall, the year 2009 has been one of the most significant chapters in the stock market growth with an increase of 80% in its value. Further, we keep our spirits high on FM’s comment that Indian economy can grow at 7.75% in FY10.

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Dalal Street Investors Hoping for Diwali Cracker ;)

Dalal Street Investors Hoping for Diwali Cracker

Dalal Street Investors Hoping for Diwali Cracker

September, for Dalal Street investors, was an unusually good month, raising hopes of a better Diwali in October after two consecutive years of subdued celebrations.

🙂

During the month, sensex gained in 14 of the 20 session and added 1,461 points, or 9.3%, to 17,127.

Brokers and dealers admitted that much of these gains came on the back of liquidity, the inflow of money from abroad.

BSE data showed that so far this month net buying by FIIs in the secondary market alone was at a whopping Rs 18,200 crore, nearly $4 billion.

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On last Wednesday of september alone, FIIs net bought stocks worth over Rs 1,000 crore.

Sebi data showed net FII buying in 2009 at $12.2 billion, the second highest yearly inflow ever for the Indian market.

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However, going forward there could be some correction, market participants feel.

October is a short month, and one would be wary of the latest move in the index, which has been very fast.

Based on cues from the US, one would not be surprised to see a correction of about 10%, to say 4,600 nifty by end of October, which is healthy in our view, experts said.

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On last Wednesday of september, Nifty ended at 5,084.

With the Bharti Airtel-MTN deal off and the US markets showing weakness in early trades, the market could witness some correction in coming days.

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Foreign Investors Poured $9 Billion in Indian Stock Market :)

Foreign_Investment


Foreign investors have poured Rs 43,837 crore (USD 9.05 billion) into the country’s stock markets so far this year, reflecting confidence of foreign funds in the Indian equity markets.

🙂

At the close on Wednesday, overseas investors were gross buyer of shares worth 4,17,121 crore and gross sellers of stocks valued at Rs 3,73,283 crore, resulting in a net flow of Rs 43,837 crore into the stock markets so far this year.

This latest data has been announced by the market regulator Securities and Exchange Board of India (SEBI).

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Significantly, the Bombay Stock Exchange benchmark Sensex has gained nearly 73 per cent so far this year.

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The National Stock Exchange barometer Nifty – composed of 50 shares — has also advanced fairly and for the first time in more than a year it touched 5,000 level on Thursday.

(Read more about that on previous blog).

Global fund houses have made a total net investment of Rs 3,564 crore so far in September, according to the SEBI data.

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After pulling out a huge sum of Rs 52,986 crore (USD 11.9 billion) from the local stock markets, foreign investors are now moving their money towards emerging economies like India.

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However in debt market segment, overseas investors have not turned net investor so far this year.

FIIs were net sellers of debt instruments worth Rs 527 crore (USD 49 million) in 2009 so far according to the latest data received from the market regulatory body,SEBI.

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Nifty Hit the Level of 5,000 :)

nifty-climb-5000k

Nifty hit the significant level of 5,000, first time since May 23, 2008, taking 326 trading sessions while, the standard index prepared early gains to close flat after hitting 5,003 at its day’s high.

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However, nifty closed slightly higher at 4,965, up 7 points whereas another standard Sensex also ended flat at 16,711, up 34 points, off its day’s high of 16,820 while both the indices were lower by over 4.4% decline in heavyweight RIL.

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Moreover, RIL stated that it has raised around Rs 3,188 crore through sale of 1.50 crore equity shares of the company and selling pressure in RIL weighed down on the oil & gas index, down 2.8%.

Additionally, the BSE realty index slid 0.9%, Unitech lost 3% and Phoenix Mills declined 2.4% while IT and auto stocks increased.

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Similarly, the BSE IT index gained 1.9%, Patni Computer and HCL Tech rose over 6% while the auto index on the BSE was also up 1.5% and Amtek Auto increased 14.6%.

On the other hand, in the Sensex pack, ACC emerged as the biggest gainer while the stock advanced 3.6% to Rs 827 however, Hindalco, JP Associates, Bharti Airtel and Maruti Suzuki gained over 3% each.

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Further, RIL was declared the top loser in the group followed by Tata Steel and ITC.

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A correction is expected and likely to take place in markets at current levels. But it is unlikely to be a sharp one.

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European and Asian stock markets extended the week’s rally on Thursday, hitting new highs for the year, as investors became increasingly confident that the U.S. economy , the world’s largest , is growing again.

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Note : For More latest Industry,Stock Market and Economy News Updates, Click Here

Inflation Moves into Positive Territory after 13 Weeks !

Inflation-surge-after13weeks

The inflation finally pulled back into the positive territory for the first time since 30th May 2009.

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It remained in negative zone for 13 consecutive weeks.

India’s inflation came in at 0.12 per cent in week ended 5th September 2009, as against -0.12 per cent in the previous week.

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Meanwhile, the rate was 12.42 per cent in the corresponding week of previous year.

During the week, price indices for primary articles, manufacturing products and fuel, power, light and lubricants reported rise.

The index for primary articles increased 1.3 per cent to 274.7 (provisional) from 271.2 (provisional) the week before.

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Similarly the index for manufactured products also went up 0.1 per cent to 208.1 (provisional) from 207.9 (provisional).

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The price index for fuel, power, light and lubricants also rose slightly to 343.4 (provisional) from 343.3 (provisional) for the previous week.
However, the price of naphtha declined 7 per cent.

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The rate turned negative for the week ended 6th June 2009, for the first time since the new wholesale price index (WPI) series started in 1995.

The inflation rate had also turned negative in 1977.

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Inflation touched a high of 12.91% for the week ended 2nd August 2008 and touched a low of -1.74% on 1st August 2009.

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Lehman Blues?? Not Anymore ;) Market Scales New Heights ;)

lehman brothers

Shrugging off the deadly blow received at the time of Lehman Brothers’ collapse, stock markets in emerging countries, led by India, have moved significantly higher from the low levels witnessed a year ago.

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Analysts feel green shoots like recovery in economic growth and return of stability in the financial systems have led to a revival in confidence and risk appetites.

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Emergence of these green shots has brought confidence towards a full fledged recovery and return of the risk appetite, which is also reflected on the bourses which moved up significantly higher from their low levels.

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Experts seem to agree on the fact that Lehman is history and Indian markets are not under any pressure. They have recovered and are trading at good levels.

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The benchmark index Sensex, which is currently around 16,200 points, has gained nearly 20 per cent since September 15 last year, the day when Lehman filed for bankruptcy. The index had been at 13,531.27 points in the same day last year.

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Market analysts said the collapse of Lehman Brothers had been the ultimate blow for financial markets, which were already in deep bearish mood.

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“The closest victims were the capital markets of United States and that of Europe. The Indian markets also faced severe fall,” SMC Capitals Limited CEO and Equity Head Jagannadham Thunuguntla said.

However market analysts feels that India and China would play an important role in determining the global economic health in times to come.

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Analysts said that fortunately unlike other recessions which followed the bursting of asset bubbles, this time around apart from recapitalization of the financial system, the governments of the major economies of the world acted swiftly by slashing interest rates to unprecedented levels and providing fiscal stimuli.

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These measures have aided the return of stability to the financial system and economic activity.

The factors which have helped the Indian markets in recovery include re-election of the UPA government, enabling the political stability, and significant domestic demand.

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“These factors have brought back the interest of the FIIs into the Indian capital markets and enabled significant Foreign Institutional Investors inflows,” Thunuguntla added.

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EQUITY UPDATE for 24th August,2009

Daily Equity Update

POST MARKET REPORT 🙂

The BSE Sensex closed higher by 387.92 points or (2.55%) at
15,628.75 and NSE Nifty ended up by 114 points or (2.52%) at
4,642.80.

BSE Mid Caps and Small Caps closed with gains of 145.06 and 182.89 points at 5,704.38 and 6,645.87 respectively.

🙂

The BSE Sensex touched intraday high of 15,676.35 and intraday low of 15,362.9.

Among the Sensex pack all 30 stocks ended in green territory.

The market breadth indicating the overall health of the market remained extremely positive as 2044 stocks closed in green while 715 stocks closed in red and 67 stocks remained unchanged in BSE.

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The S&P CNX Nifty is up by 114.00 points or 1.65 % to 4642.80.

The NSE turnover was up Rs.15015.83 from last trading session’s Rs. 14697.33 crore.

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NEWS UPDATES

-Austral Coke & Projects board will meet on 3 September 2009 to consider issuing bonus shares.

Indiabulls Real Estate emerged as the top financial bidder for redevelopment of Maharashtra government buildings at Mantralaya in Mumbai.

Bharat Heavy Electricals bagged an order worth Rs 2,630crore.

-Eleven metal stocks rose after LMEX, a gauge of six metals traded on the London Metal Exchange, rose 2.72% to 2,913.90 on 21 August 2009.

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MARKET OUTLOOK

On the first trading day of the expiry week, index opened strongly on the positive note and sustained those gains throughout the session.

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As we have seen in last trading session, it managed to close above 4490 levels that triggered buying spree across the board in today’s trade.

Market breadth remained strongly on the positive side with Realty, Capital good & FMCG pivots ended on the top.

Technically, we expect index to test higher levels in the days to come but it’ll volatile sessions ahead due to expiry week of F&O
contracts.

🙂

SENTIMENT INDICATOR

PCR of index options is at 1.18 from last trading session’s 0.96

PCR of Stock options is at 0.28 from last trading session’s 0.40.

PCR of total F&O is at 1.14 from last trading session’s 0.94.

The advances are 910; declines are 184 and unchanged are 22.

The implied volatility has decreased to 31.44 from last trading

session’s 35.41

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TaBLES

1.

daily equity update economy data

2.

sector watch

Comment: Realty & Consumer Durables are the major gainers in day’s session

🙂

3

TRENDS OF INDIAN  MARKET INDICES

4.

TRENDS OF WORLD MARKETS INDICES

🙂


EQUITY UPDATE for 21st August,2009

Equity Update

POST MARKET REPORT 🙂

The BSE Sensex closed higher by 228.51 points or (1.52%) at 15,240.83 and NSE Nifty ended up by 75.35 points or (1.69%) at 4,528.8.

🙂

BSE Mid Caps and Small Caps closed with gains of 81.93 and 102.71 points at 5,559.32 and 6,462.98 respectively.

The BSE Sensex touched intraday high of 15,275.17 and intraday low of 14,835.08

🙂

Among the Sensex pack 28 stocks ended in green territory and 2 stock ended in red territory.

The market breadth indicating the overall health of the market remained positive as 1711 stocks closed in green while 958 stocks closed in red and 102 stocks remained unchanged in BSE.

🙂

The S&P CNX Nifty is up by 73.45 points or 1.65 % to 4526.90.

The NSE turnover was up Rs.14697.33 from last trading session’s Rs. 13245.55 crore.

🙂

NEWS UPDATES

– Shares of eight tea companies jumped on increase in tea prices

– Bharti Airtel rose after a newspaper report quoted Chairman Sunil Mittal as saying that the company is not looking to sweeten its deal to buy a stake in South Africa’s MTN.

– Bharat Heavy Electricals bagged an order worth Rs 2,630 crore.

– Flawless Diamond (India) s board approved a 10-for-1 stock split.

🙂

OUTLOOK

Index opened in red on the back of on mixed cues from the markets across the globe but rose steadily as the day progressed.

Technically, it managed to sustain to above 4350 levels, which triggered buying spree across the board on the last trading day of the week.

Realty & Auto counters were the major gainers in today’s trade with significant gain in Midcap & Small cap as well.

🙂

Market breadth also managed to close strongly in green resultant to spurt.

Technically, we expect that it’ll try to test higher levels in the next week but that will attract profit taking too.

🙂

Support – 4485-4450

Resistance – 4565-4600

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SENTIMENT INDICATOR

PCR of index options is at 0.96 from last trading session’s 0.97

PCR of Stock options is at 0.40 from last trading session’s 0.31.

PCR of total F&O is at 0.94 from last trading session’s 0.94.

The advances are 750; declines are 336 and unchanged are 30.

The implied volatility has increased to 35.41 from last trading session’s 32.15

🙂

TABLES :

1.

Daily Equity Update

🙂

2.

sector watch


Comment: Realty & Auto are the major gainers in day’s session 🙂

🙂




POST MARKET

The BSE Sensex closed higher by 228.51 points or (1.52%) at 15,240.83 and NSE Nifty ended up by 75.35 points or (1.69%) at 4,528.8.

BSE Mid Caps and Small Caps closed with gains of 81.93 and 102.71 points at 5,559.32 and 6,462.98 respectively.

The BSE Sensex touched intraday high of 15,275.17 and intraday low of 14,835.08

Among the Sensex pack 28 stocks ended in green territory and 2 stock ended in red territory.

The market breadth indicating the overall health of the market remained positive as 1711 stocks closed in green while 958 stocks closed in red and 102 stocks remainedunchanged in BSE.

The S&P CNX Nifty is up by 73.45 points or 1.65 % to 4526.90.

The NSE turnover was up Rs.14697.33 from last trading session’s Rs. 13245.55 crore.

NEWS UPDATES

Shares of eight tea companies jumped on increase in tea prices

Bharti Airtel rose after a newspaper report quoted Chairman Sunil Mittal as saying that the company is not looking to sweeten its deal to buy a stake in South Africa’s MTN.

Bharat Heavy Electricals bagged an order worth Rs 2,630 crore.

Flawless Diamond (India) s board approved a 10-for-1 stock split.

OUTLOOK

Index opened in red on the back of on mixed cues from the markets across the globe but rose steadily as the day progressed.

Technically, it managed to sustain to above 4350 levels, which triggered buying spree across the board on the last trading day of the week.

Realty & Auto counters were the major gainers in today’s trade with significant gain in Midcap & Small cap as well.

Market breadth also managed to close strongly in green resultant to spurt.

Technically, we expect that it’ll try to test higher levels in the next week but that will attract profit taking too.

Support – 4485-4450 Resistance – 4565-4600

SENTIMENT INDICATOR

PCR of index options is at 0.96 from last trading session’s 0.97

PCR of Stock options is at 0.40 from last trading session’s 0.31.

PCR of total F&O is at 0.94 from last trading session’s 0.94.

The advances are 750; declines are 336 and unchanged are 30.

The implied volatility has increased to 35.41 from last trading session’s

32.15

EQUITY UPDATE for 20th August,2009

Stock Market update

POST MARKET REPORT :

The BSE Sensex closed higher by 202.68 points or (1.37%) at 15,012.32 and NSE Nifty ended up by 59.35 points or (1.35%) at 4,453.45.

🙂

BSE Mid Caps and Small Caps closed with gains of 43.33 and 51.88 points at 5,477.38 and 6,360.27 respectively.

🙂

The BSE Sensex touched intraday high of 15,145 and intraday low of 14,928.18.

Among the Sensex pack 29 stocks ended in green territory and 1 stock ended in red territory.

🙂

The market breadth indicating the overall health of the market remained positive as 1525 stocks closed in green while 1145 stocks closed in red and 77 stocks remained unchanged in BSE.

🙂

The S&P CNX Nifty is up by 59.35 points or 1.35 % to 4453.45.

The NSE turnover was down Rs.13245.55 from last trading session’s Rs. 15985.07 crore.

🙂

NEWS UPDATES


-Unichem Laboratories overseas unit has got approval from the US drug regulator for a generic drug.

-Allied Digital Services said its board would meet on 28 August 2009 to consider stock split.

-Four auto stocks rose on reports the annual monsoon deficit has narrowed.

-IVRCL Infrastructure & Projects emerged as the lowest bidder for the 25-kilometer Sion-Panvel expressway project.

🙂

OUTLOOK

Market surprised everyone with strong gap up opening after the yesterday’s decline.

Technically, index is in consolidation, which indeed important prior to either side move.

🙂

Incidentally, all major indices were managed to close in green with Auto & Banking stocks placed at the top resultant positive market breadth too.

🙂

On the other hand, it retraced half of the gain in the later half of the trading session so we expect that it may take couple of session for clarity in the direction ahead.

🙂

SENTIMENT INDICATOR

PCR of index options is at 0.97 from last trading session’s 1.00

PCR of Stock options is at 0.31 from last trading session’s 0.42.

PCR of total F&O is at 0.94 from last trading session’s 0.97.

The advances are 613; declines are 385 and unchanged are 42.

The implied volatility has decreased to 32.15 from last trading session’s 33.65

🙂

TABLES

1.

Daily Equity Update

2.

sector watch

Comment: Auto & Bankex are the major gainers in day’s session !

3.

TRENDS OF INDIAN  MARKET INDICES

4.TRENDS OF WORLD MARKETS INDICES

🙂

POST MARKET

The BSE Sensex closed higher by 202.68 points or (1.37%) at 15,012.32 and NSE Nifty ended up by 59.35 points or (1.35%) at 4,453.45.

BSE Mid Caps and Small Caps closed with gains of 43.33 and 51.88 points at 5,477.38 and 6,360.27 respectively.

The BSE Sensex touched intraday high of 15,145 and intraday low of 14,928.18.

Among the Sensex pack 29 stocks ended in green territory and 1 stock ended in red territory.

The market breadth indicating the overall health of the market remained positive as 1525 stocks closed in green while 1145 stocks closed in red and 77 stocks remained unchanged in BSE.

The S&P CNX Nifty is up by 59.35 points or 1.35 % to 4453.45.

The NSE turnover was down Rs.13245.55 from last trading session’s Rs. 15985.07 crore.

NEWS UPDATES

Unichem Laboratories overseas unit has got approval from the US drug regulator for a generic drug

Allied Digital Services said its board would meet on 28 August 2009 to consider stock split.

Four auto stocks rose on reports the annual monsoon deficit has narrowed.

IVRCL Infrastructure & Projects emerged as the lowest bidder for the 25-kilometer Sion-Panvel expressway project.

OUTLOOK

Market surprised everyone with strong gap up opening after the yesterday’s decline. Technically, index is in consolidation, which indeed important prior to either side move.

Incidentally, all major indices were managed to close in green with Auto & Banking stocks placed at the top resultant positive market breadth too.

On the other hand, it retraced half of the gain in the later half of the trading session so we expect that it may take couple of session for clarity in the direction ahead.

SENTIMENT INDICATOR

PCR of index options is at 0.97 from last trading session’s 1.00

PCR of Stock options is at 0.31 from last trading session’s 0.42.

PCR of total F&O is at 0.94 from last trading session’s 0.97.

The advances are 613; declines are 385 and unchanged are 42.

The implied volatility has decreased to 32.15 from last trading session’s 33.65