Indian Stocks 26 February2016

1.0      National Stock Exchange (NSE) Benchmark Index Nifty50 :-

[A]       Movement of Benchmark Index : 

On last day of week 26 February2016, Nifty50 opened with upward gap of 1% or 69 point at 7,039; made Day's high at 7,052 and sliped below 7,000 level to make Day's low at 6,985; Nifty50 bounced to 7,050 and finally closed at  7,029 or 0.85 % Lower.

[B]         Movements in Derivative Contracts of Bench Mark Index Nifty50 :

(i)        At the end of session on 26 February 2016, Near Month or March'16 expiry Nifty50 Future was closed with Cost of Carry of 5.31 at 7,061 or 0.86% higher. Open Interest decreased by 0.87%. Decrease in OI indicates Short Covering.

(ii)    At the end of session on 26 February 2016, Near month Expiry or March16 Expiry Option Contracts:-

Highest Open Interest(OI) of Call Options was at 7,500 strike (Same as previous session). Fresh Long Built up at 7,500 Call strike was seen.

Highest OI of Put Options was at 7,000 Put strike (no change). Fresh SHORT position was built up at 7,000 PUT strike.

Highest trading volume of Call options was recorded at 7,300 strike, whereas highest trading volume of Put options was recorded at 6,800 strike. 

(iii)     At the end of session on 26 February 2016,

Implied volatility (IV) of Near month March'16 Expiry 7,000 strike Call Option was seen at 17.55, whereas IV of Near month 7,000 strike Put Option was seen at 21.91.

(iv)     At the end of session on 26 February 2016,

Near Month options (March16 Expiry)  options,

Put Call Ratio (PCR) was recorded as 0.80(Vol), against previous session's 0.92(volume).  At the end of today's session, PCR  was recorded as 0.90 (OI), against previous session's 0.93 (OI) .

2.0         Movement of India Volatility - Index INDIA VIX :-

           On 26 February 2016, IndiaVix opened in GREEN and thereafter slipped into RED Zone and finally closed at 21.8650 or 3.85 % LOWER.

3.0 Advance Decline Ratio(ADR) :-

            On 26 February 2016 NSE Advance Decline Ratio(ADR) opened near 3.5. Thereafter, market strength Continuously deteriorated. ADR finally closed at 0.63 i.e. on NSE, 583 stocks closed in GREEN against 920 stocks closed in RED or in simple words, out of every 100 stocks 39 stock closed with gain.

4.0 Movement of Currency Future :-

At the end of session on 26 February 2016,

USD-INR Near Month future(March'16 Exp) closed in RED at 69.035 INR 0r 0.13% LOWER.

5.0 Sectoral Indices - Closing:- 

At the end of session on 26 February 2016,

NiftyAuto Index closed 0.15%Lower
NiftyPharma Index closed 0.11% Lower.
NiftyMetal Index closed 1.06% Higher.
NiftyIT Index closed 0.58% Higher.
BankNifty Index closed 1.74% Higher.
Nifty Reality Index closed 1.44% Higher.
Nifty FMCG Index closed 1.17% Higher..

6.0 Daily Movement of the  Front line  Stocks :-

At the end of session on 26 February 2016,

TataSteel closed 0.1 % Higher.

RELIANCE closed 0.94% Higher.
 Hindustan UniLever closed 0.5 % Higher.
SBIN Closed  3.43%  Higher.
Infosys closed 1.06% Higher.
TataMotors closed 1.36% Higher.

SUNPHARMA closed 0.33 % Lower. 

7.0 New 52 Week High made by front line  stocks during the Day :-

On 26 February 2016 - following stock from Nifty50 / major Sectoral  Index made fresh 52 week High.Figures in brackets shows the % difference of today's closing rate with respect to previous session closing rate. 

MARICO ( - 1.68%)

8.0 New 52 Week Low made by front line  stocks during the Day :-

On 26 February 2016, Following  front-line stocks of Nifty50 / major Sectoral  Index made fresh 52 week low in today's trade. Figures in brackets shows the % difference of today's closing rate with respect to previous session closing rate. 

ICICI BANK( + 1.09%)
Shobha Developer (+0.24%)
Orissa Mines (+ 2%)
Maruti (+ 0.19%)
NAUKARi (+1.27%)
CANARA BANK( + 0,56%)
Tech Mahendra (-0.07%)
ACC (-0.66%)
GRASIM (-0.04%)

Godrej Industry (-0.83%)
Prestige Estate (-2.37%)
Phonix Mill (-3.29%)

9.0 Derivative Stock with Extra-ordinary price movement :

             Not Any .

10.0 Daily Turnover on NSE :-

On 26 February 2016 -On NSE, Turnover in Equity segment was 14,088 Crore INR which was LOWER than previous session; Turnover in Derivative segment was 1,48,473 crore INR which was LOWER than previous session. 

11.0 FIIs/DIIs Daily Activity :-

As per EoD provisional statistics of 26 February 2016, FII/FPIs SOLD equity worth 695 Crore INR (net), whereas DIIs Bought equity worth 784 crore INR(net).

12.0 Important Development during the Day :-

Earlier on 26 February 2016, 
Major Asian and European Stock Markets closed in GREEN
USA stock markets DOW and S&P 500 closed in RED whereas NASDAQ closed in GREEN. 
In Indian stock market, today Foreign Institutional Investors (FII) / Foreign Portfolio Investors (FPI) continue to SELL Equity. In today's Trade, Domestic Institutional Investors (DII) tried to absorb that SELLING..

This trading session on 26 February 2016 was the last trading session before Union Budget for next financial year 2016-17 to be presented in Indian Parliament on 29 February 2016 Monday 11:00 AM (IST). 

13.0 Way Ahead :-

At the end of session, India Vix is placed in RED well above 20. NSE ADR is placed at 0.63. Both these together indicates NEUTRAL view for upcoming session.  

Important Disclaimer :-

Writer may have position in market/s as per risk profile and market condition. Reader/s must consult financial adviser/s, while acting on provided information. Writer may have discussed similar things with friends in group.

Written on :  29th-February 2016 03:30 Hrs (Indian Standard TIme).

Indian Stocks 25 February2016

1.0      National Stock Exchange (NSE) Benchmark Index Nifty50 :-

[A]       Movement of Benchmark Index : 

Nifty50 opened with minor upward gap of 11 point 7,029; made Day's high at 7,034 and immediately slipped to 7,002 ; bounced to 7,018 and hovered around 7,020 till Railway Budget speech started in Parliament at 11:00 AM- Indian Standard Time. Thereafter, Nifty50 made a small up spike 7,027 and resumed sliding in systematic manner and made Day's low at 6,961.Nifty50 finally closed at  6,970 or 0.69 % Lower.

[B]         Movements in Derivative Contracts of Bench Mark Index Nifty50 :

(i)        Today February'16 series contracts closed or Expired.

Near Month or March'16 expiry Nifty50 Future was closed with Cost of Carry of 6.99 at 7,016 or 0.36% lower. Open Interest increased by 31.69%. Increase in OI indicates fresh Short Built up.

(ii)    Today February'16 series contracts closed or Expired.

At the end of session, Near month Expiry or March16 Expiry Option Contracts:-

Highest Open Interest(OI) of Call Options was at 7,500 strike (previous session it was at 7,700 Call Strike). Fresh Built Short Built up at 7,500 Call strike was seen.

Highest OI of Put Options was at 7,000 Put strike (no change). Fresh Long position was built up at 7,000 PUT strike.

Highest trading volume of Call options was recorded at 7,200 strike, whereas highest trading volume of Put options was recorded at 7,000 strike. 

(iii)      .Today February'16 series contracts closed or Expired.

At the end of session,

Implied volatility (IV) of Near month March'16 Expiry 7,000 strike Call Option was seen at 19.29, whereas IV of Near month 7,000 strike Put Option was seen at 21.90.

(iv)     Today February'16 series contracts closed or Expired.

At the end of session 

Near Month options (March16 Expiry)  options,

Put Call Ratio (PCR) was recorded as 0.92(Vol), against previous session's 0.89 (volume).  At the end of today's session, PCR  was recorded as 0.93 (OI), against previous session's 0.87 (OI) .

2.0         Movement of India Volatility - Index INDIA VIX :-

           IndiaVix opened in GREEN and thereafter slipped into RED Zone and finally closed at 22.7450 or 0.91 % LOWER.

3.0 Advance Decline Ratio(ADR) :-

            NSE Advance Decline Ratio(ADR) opened near 1.30. Thereafter, market strength Continuously deteriorated. ADR finally closed at 0.53 i.e. on NSE, 523 stocks closed in GREEN against 984 stocks closed in RED or in simple words, out of every 100 stocks 35 stock closed with gain.

4.0 Movement of Currency Future :-

USD-INR Near Month future(March'16 Exp) closed in GREEN at 69.135 INR 0r 0.2% Higher.

5.0 Sectoral Indices - Closing:- 

At the end of session, 

NiftyMetal Index closed 0.16% Higher.
NiftyPharma Index closed 0.42% Higher.

BankNifty Index closed 1.73% Lower.

NiftyAuto Index closed 1.78%Lower

NiftyIT Index closed 0.62% Lower.
NiftyReality Index closed 2.14% Lower

NiftyFMCG Index closed 0.02% Lower.

6.0 Daily Movement of the  Front line  Stocks :-

TataSteel closed 0.65 % Higher.

Sunpharma closed 2.63% Higher.
 Hindustan UniLever closed 0.87 % Higher

Reliance closed 1.12 % Lower. 
SBIN closed  2.75% Lower.
Infosys closed 0.84% Lower.
TataMotor closed 2.15% Lower, 

7.0 New 52 Week High made by front line  stocks during the Day :-

In today's trade - following stock from Nifty50 / major Sectoral  Index made fresh 52 week High.Figures in brackets shows the % difference of today's closing rate with respect to previous session closing rate. 

MARICO ( + 1.59%)

8.0 New 52 Week Low made by front line  stocks during the Day :-

Following  front-line stocks of Nifty50 / major Sectoral  Index made fresh 52 week low in today's trade. Figures in brackets shows the % difference of today's closing rate with respect to previous session closing rate. 

CIPLA ( + 1.14%)
BHEL( + 1.28%)
HDFC( +1.95%)
CANARA BANK( + 0,4%)
Orissa Mines (+ 0.95%)

ICICIBANK (-2.27%)

HDFCBANK (-0.91%).
Tech Mahendra (-1.12%)
ITC(-0.56%)

GRASIM (-2.43%)
ACC (-1.69%)
Motherson SUMI(-0.02%)
Godrej Industry (-1.04%)
Oracle Financial Services Software (-1.92%)
SHOBHA DEVELOPER (-1.35%)

9.0 Derivative Stock with Extra-ordinary price movement :

             Not Any in today's trade.

10.0 Daily Turnover on NSE :-

On NSE, Turnover in Equity segment was 18,482 Crore INR which was HIGHER than previous session; Turnover in Derivative segment was 5,95,639 crore INR HIGHER than previous session. 

11.0 FIIs/DIIs Daily Activity :-

As per EoD provisional statistics, FII/FPIs SOLD equity worth 1,465 Crore INR (net), whereas DIIs Bought equity worth 806 crore INR(net).

12.0 Important Development during the Day :-

Earlier in the day, 
Japanes Stock Market closed in GREEN. 
Chines Stocks markets witnessed heavy selling and closed in RED. 
Later on, 
major European closed in GREEN.
USA stock markets closed in GREEN. 
In Indian stock market, today Foreign Institutional Investors (FII) / Foreign Portfolio Investors (FPI) intensified their SELLING and offloaded huge chunk of equity. In today's Trade, Domestic Institutional Investors (DII) tried to absorb that SELLING.

For Indian Stock market, current week is important because, 

    (a) this is the last week before Union Budget for next financial year 2016-17 in Next week. 

    (b) Today, February'16 or Near Month Expiry Derivative contracts Expired.

  (c) Today,on 25-02-2016 during the trading hours, Union Rail Budget proposals was  presented in Indian Parliament, which failed to cheer up market mainly the huge shortfall in achieving last year's target could not generate enthusiasm.

13.0 Way Ahead :-

At the end of session, India Vix is placed in RED well above 20. NSE ADR is placed at 0.53. Both these together indicates NEUTRAL view for upcoming session.  

Important Disclaimer :-

Writer may have position in market/s as per risk profile and market condition. Reader/s must consult financial adviser/s, while acting on provided information. Writer may have discussed similar things with friends in group.

Written on :  26th-February 2016 02:30 Hrs (Indian Standard TIme).

Indian Stocks 24 February2016

1.0      National Stock Exchange (NSE) Benchmark Index Nifty50 :-

[A]       Movement of Benchmark Index : 

Nifty50 opened with 0.48% or 34 point downward gap at 7,075; slipped to 7,033 ; bounced to make Day's high at 7,090.
Nifty50 resumed sliding to and made Day's low at 7,009. 
Nifty50 finally closed at .7,018 or 1.28 % Lower.

[B]         Movements in Derivative Contracts of Bench Mark Index Nifty50 :

(i)        At the end of session, Open Interest in near month (Feb16 Expiry) Future contract of Nifty50 was decreased by 20.8%. Contract was closed  at 7,023  or 1.28% Lower. Decrease in OI indicates Long Unwinding.

Next session is last session before expiry of near month contracts.

March'16 expiry Nifty50 Future was closed with Cost of Carry of 3.90 at 7,041 or 1.23% lower. Open Interest was increased by 38.73%. Increase in OI indicates fresh Short Built up.

(ii)    At the end of session, 

(a) Near month Expiry Option Contracts:-

Highest Open Interest(OI) of Near month Call Option contracts was at 7,200 strike( No Change). Fresh Built Short up at 7,200 Call strike and 7,000 Call Strike was seen.

Highest OI of Put Option contracts was at 7,000 Put strike (no change). Fresh Long position was built up at 7,000 put strike, whereas Short covering was seen at 7,200 PUT strike,

Highest trading volume of Call option contracts was recorded at 7,100 strike, whereas highest trading volume of Put option contracts was recorded at 7,000 strike. 

(b) Next month Expiry (March16 Expiry) Option Contracts:-

Highest Open Interest(OI) of Near month Call Option contracts was at 7,700 strike( No Change). Fresh Built Short up at 7,200 Call strike and 7,700 Call Strike was seen.

Highest OI of Put Option contracts was at 7,000 Put strike (no change). Fresh Long position was built up at 7,000 PUT strike,

Highest trading volume of Call option contracts was recorded at 7,400 strike, whereas highest trading volume of Put option contracts was recorded at 7,000 strike. 

(iii)      At the end of session, 

Implied volatility (IV) of Near month (February'16 Expiry) 7,000 strike Call Option was seen at 22.21, whereas IV of Near month 7,000 strike Put Option was seen at 22.22.

Implied volatility (IV) of March'16 Expiry 7,000 strike Call Option was seen at 18.26, whereas IV of Near month 7,000 strike Put Option was seen at 23.88..

(iv)      At the end of today's session, 

Near Month Expiry (Feb16 Expiry)  options

Put Call Ratio (PCR) was recorded as 0.89(Vol), against previous session's 0.82 (volume).  At the end of today's session, PCR  was recorded as 0.58(OI), against previous session's 0.69(OI) .

Next Month options (March16 Expiry)  options,

Put Call Ratio (PCR) was recorded as 0.89(Vol), against previous session's 1.04 (volume).  At the end of today's session, PCR  was recorded as 0.87(OI), against previous session's 0.84 (OI) .

2.0         Movement of India Volatility - Index INDIA VIX :-

           IndiaVix  traded in RED Zone and finally closed at 22.955 or 3.7 % LOWER.

3.0 Advance Decline Ratio(ADR) :-

            NSE Advance Decline Ratio(ADR) opened near 0.30. Thereafter, market strength slightly strengthened. ADR finally closed at 0.37 i.e. on NSE, 409 stocks closed in GREEN against 1102 stocks closed in RED or in simple words, out of every 100 stocks 27 stock closed with gain.

4.0 Movement of Currency Future :-

USD-INR Near Month future(Feb'16 Exp) closed with slight loss of 0,05% at 68.5925 INR.

5.0 Sectoral Indices - Closing:- 

At the end of session, 

BankNifty Index closed 1.53% Lower.

NiftyAuto Index closed 1.23%Lower

NiftyIT Index closed 1.26% Lower.
NiftyMetal Index Closed 2.12% Lower.

NiftyReality Index closed 0.3% Lower

NiftyPharma Index closed 1.95% Lower

NiftyFMCG Index closed 1.26% Lower.

6.0 Daily Movement of the  Front line  Stocks :-

Infosys closed 0.10 % Higher.

Reliance closed 0.56% Higher

Hindustan UniLever closed 0.26 % Higher

SunPharma closed 2 % Lower. 
SBIN closed  1.17% Lower.
TATA Steel closed 2.52% Lower.
TataMotor closed 3.77% Lower, 

7.0 New 52 Week High made by front line  stocks during the Day :-

In today's trade - no stock from Nifty50 / major Sectoral  Index made fresh 52 week High.

8.0 New 52 Week Low made by front line  stocks during the Day :-

Following  front-line stocks of Nifty50 / major Sectoral  Index made fresh 52 week low in today's trade. Figures in brackets shows the % difference of today's closing rate with respect to previous session closing rate. 

CANARA BANK(+0,4%)
BHEL(-5.13%)

HDFC(-2.67%)

ICICIBANK (-2.60%)

ITC(-2.08%)

CIPLA (-1.09%)

PNB(-1.03%)

Orissa Mines (-1,11%)

SHOBHA DEVELOPER (-0.64%)

9.0 Derivative Stock with Extra-ordinary price movement :

             Not Any in today's trade.

10.0 Daily Turnover on NSE :-

On NSE, Turnover in Equity segment was 13,095 Crore INR which was LOWER than previous session; Turnover in Derivative segment was 5,34,332 crore INR HIGHER than previous session. 

11.0 FIIs/DIIs Daily Activity :-

As per EoD provisional statistics, FII/FPIs SOLD equity worth 730 Crore INR (net), whereas DIIs Bought equity worth 615 crore INR(net).

12.0 Important Development during the Day :-

Earlier, Asian Stock Market closed RED. 
Later on, major European closed in RED and at the time of writing this, USA stock markets closed in GREEN. 
FIIs continued to SELL and DIIs seems to absorb that SELLING.

For Indian Stock market, current week is important because, 

    (a) this is the last week before Union Budget for next financial year 2016-17 in Next week. 

    (b) February'16 or Near Month Expiry Derivative contracts will expire on 25-February16.

  (c) Tomorrow on 25-02-2016 Union Rail Budget proposals will be presented in Parliament.

13.0 Way Ahead :-

At the end of session, India Vix is placed in RED well above 20. NSE ADR is placed at 0.37. Both these together indicates NEUTRAL view for upcoming session.  

Important Disclaimer :-

Writer may have position in market/s as per risk profile and market condition. Reader/s must consult financial adviser/s, while acting on provided information. Writer may have discussed similar things with friends in group.

Written on :  25th-February 2016 02:00 Hrs (Indian Standard TIme).