Indian Stocks 18 February2016

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

[A]       Movement of Benchmark Index : 

Nifty50 opened with 1% or 69 point upward gap at 7,177, made Day's high at 7,215 ; slipped to make day's low at 7,127 ;  bounced again to 7,205 ; and finally closed at .7,191 or 1.17 % 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 increased by 2.48%. Contract was closed at 7,190.85  or 0.87% Higher. That means Cost of Carry at the time of close was stood at -6.38, or Nifty50 future was trading with DISCOUNT. Increase in OI indicates that today's Rise in Nifty50 was due to Building up of Fresh Long Positions or Long Built up.

(ii)    At the end of session, Highest Open Interest(OI) of Near month Call Option contracts was stood at the strike at 7,400. ( same as 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 7,100 strike. 

(iii)      At the end of session, Implied volatility (IV) of Near month 7200 strike Call Option was seen at 13.14, whereas IV of Near month 7200 strike Put Option was seen at 19.62.

(iv)     At the end of today's session, PCR was increased. At the end of today's session PCR was recorded as 0.88(Vol) which was at 0.82 (volume) at the end of previous session.  At the end of today's session, PCR  was recorded as 0.85(OI)  which was was at   0.81 ( OI)  at the end of previous session. 

2.0         Movement of India Volatility - Index INDIA VIX :-

           IndiaVix Flip-flopped between GREEN Zone and RED Zone and finally closed in RED  21.485 or 1.59 % LOWER.

3.0 Advance Decline Ratio(ADR) :-

            NSE Advance Decline Ratio(ADR) opened near NINE. Thereafter, market strength deteriorated to 1.1 and started to improve.  ADR finally closed at 1.54 i.e. on NSE, 923 stocks closed in GREEN against 599 stocks closed in RED or in simple words, out of every 100 stocks  61 stock closed with gain.

4.0 Movement of Currency Future :-

          On NSE, USD-INR Near month currency future (Feb'16 expiry) closed FLAT at 68.5375 INR. 

5.0 Sectoral Indices - Closing    :- 

At the end of session, Bank Nifty closed 1.26% HIGHER. NiftyAuto Index closed 0.72 % HIGHER. NiftyMetal Index closed 1.07 % HIGHER. NiftyPharma Index closed 2.00 % HIGHER. NiftyIT Index closed 1.90% HIGHER. NiftyFMCG Index closed 1.52 % HIGHER. NiftyReality Index closed 0.34% HIGHER. 

6.0 Daily Movement of the  Front line  Stocks :-

Infy closed 2.14 % HIGHER; SunPharma closed 1.61% Higher. 
TataMotor closed 0.64 % HIGHER; SBIN closed 0.03% Higher.
HUL Closed 1.53% Higher. 
Reliance closed 1.62 % LOWER; TataSteel Closed 0.3% 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. 

McDOWELL (-1.44%)

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  15,895 Crore INR which was LOWER than previous session; Turnover in Derivative segment was 3,40,623 crore INR LOWER than previous session. 

11.0 FIIs/DIIs Daily Activity :-

As per EoD provisional statistics, FII/FPIs BOUGHT equity worth 418 crore INR(net), whereas DIIs Bought equity worth 712 crore INR(net).

12.0 Important Development during the Day :-

Earlier, JAPANEES BENCHMARK Index Nikkei225 and Chinese BENCHMARK Index HangSang closed in GREEN. At the time of writing this, London stock markets BenchMark FTSE was in RED, whereas German Benchmark Index DAX was in GREEN. At the time of writing this, U.S. Benchmark Indices, DOW30, S&P500 and Nasdek were in RED ZONE.     

13.0 Way Ahead :-

At the end of session, India Vix is placed in RED above 20. NSE ADR is placed at 1.54. 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 :  18th-February 2016 23:00 Hrs.