Indian Stocks 15-February2016

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

[A]       Movement of Benchmark Index : 

Nifty50 opened with huge 1.09% or 76 point of  Up ward gap at 7,057.  Throughout the session Nifty50 continued to rise to day's high at 7,182. Nifty50 finally closed at 7,163 or 2.63 % higher.

[B]         Near Month (Feb'16)Expiry Nifty50 Derivative Contracts:

(i)        At the end of session, Open Interest in near month Future contract of Nifty50 was decreased by 1.93%. Contract was closed at 7,161 or 2.4% Higher. That means Cost of Carry at the time of close was stood at -2.52, or Nifty50 future was trading in Discount. Decrease in OI also indicates that today's rise in Nifty50 was due to squaring up of Short Positions.

(ii)    At the end of session, Highest Open Interest(OI) of Near month Call Option contracts was stood at the strike at 7,500. ( same as in previous session) Highest OI of Put Option contracts was stood at strike of 7,000 (Same as in previous session) Highest trading volume of Call option contracts was recorded at 7,200 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 7200 strike Call Option was seen at 15.60, whereas IV of Near month 7200 strike Put Option was seen at 21.75.

(iv)     During the session, Put-Call Ratio(PCR) was increased. At the end of today's session, PCR was recorded as 0.79 (volume) which was at 0.71 (volume) at the end of previous session.  At the end of today's session, PCR  was recorded as 0.83( OI) which was at 0.77 (OI) at the end of previous session.

2.0         Movement of India Volatility - Index INDIA VIX :-

           Throughout the trading session, IndiaVix Traded in RED, hovered around 22.5 and finally closed at 22.3725 or 9.31 % Lower.

3.0 Advance Decline Ratio(ADR) :-

            NSE Advance Decline Ratio(ADR) opened near SEVEN and throughout the session market strength remained very strong around SEVEN.  ADR finally closed at 5.73 i.e. on NSE, 1,329 stocks closed in GREEN against 232 stocks closed in GREEN or in simple words, out of every 100 stocks  85 stock closed with gain.

4.0 Movement of Currency Future :-

          On NSE, USD-INR Near month currency future (Feb'16 expiry) OPENED in gap down; and traded in REDclosed 0.15% lower at 68.3725 INR. 

5.0 Sectoral Indices - Closing    :- 

At the end of session, all major sectoral Indices closed in GREEN. Bank Nifty closed 3.4% HIGHER. NiftyAuto Index closed 4.48 % HIGHER. NiftyMetal Index closed 9.84 % HIGHER. NiftyPharma Index closed 1.00 % HIGHER. NiftyIT Index closed 1.64% HIGHER. NiftyFMCG Index closed 1.00 % HIGHER. NiftyReality Index closed 6.70% HIGHER. 

6.0 Daily Movement of the  Front line  Stocks :-

TataSteel Closed 13.56% higher.Reliance closed 4.18 % higher; 

SBIN closed 8.14% Higher. TataMotor closed 5.93 % HIGHER.

Infy closed 0.40 % HIGHER: SunPharma closed 0.16% Higher. 
HUL closed 1.11% 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 and closed in RED. Figures in brackets shows the % difference of today's closing rate with respect to previous session closing rate. 

Orissa Mines (-0.3%)

Following front line stocks of Nifty50/ major sectoral Indices made 52 week low in today's trade but thereafter bounced to close in GREEN with gain,

BHEL (3.21%).

9.0 Derivative Stock with Extra-ordinary price movement :

              BANK OF BARODA (BoB):-

Share prices of Public Sector Bank- Bank of Baroda (BoB), HQ at Vadodara, were surged by 25% at 142.10 INR and finally closed at 139.35 INR with 22.56 % HIGHER.

In today's trade, Open Interest (OI) in Near month(Feb'16 expiry) Future increased by 16.41 %. At the end of session, Cost of Carry of Near month future stood at -7.83. 

At the end of session Put-Call Ratio (PCR) for near month Options was 1.15 ( Volume)  & 1.50 (OI).  During the session, Highest trading volume recorded for 140 strike of call options and 120 strike of Put options. At the end of session, Highest Open Interest (OI) of Near Month Call Option was at strike price of 130, AND highest OI of Put Option was ALSO SEEN at strike price of 130.  At the end of session, Implied volatility (IV) of Near month 140 strike Call Option was seen at 78.91, whereas IV of Near month 140 strike Put Option was seen at 85.79.

10.0 Daily Turnover on NSE :-

On NSE, Turnover in Equity segment was  18,107 Crore INR which was LOWER than previous session; Turnover in Derivative segment was 2,79,505 crore INR LOWER than previous session. 

11.0 FIIs/DIIs Daily Activity :-

As per EoD provisional statistics, FII/FPIs Sold equity worth 1,311 crore INR(net), whereas DIIs Bought equity worth 1,987 crore INR(net).

12.0 Important Development during the Day :-

Earlier, JAPANEES BENCHMARK Index Nikkei225 closed 7.2% Higher. Chinees BENCHMARK Index Hangsang closed 3.27% Higher. At the time of writing this, All European stock markets BenchMark Indices and U.S. Benchmark Indices, DOW30, S&P500 and Nasdek were trading in GREEN.     

13.0 Way Ahead :-

At the end of session, India Vix is placed in RED above 20. NSE ADR is placed above FIVE. Both these together indicates positive 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 :  15th-February 2016 22:00 Hrs.