Indian Stocks 19 February2016

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

[A]       Movement of Benchmark Index : 

Nifty50 opened 20 point down-ward gap at 7,170, made Day's Low at 7,145 ; bounced to 7198 and hovered around 7,190; slipped to 7,157 and bounced back to make day's high at 7,226. Nifty50 finally closed at .7,210 or 0.26 % 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 4.98%. Contract was closed at 7,212.45  or 0.20% Higher. That means Cost of Carry at the time of close was stood at -4.85, or Nifty50 future was trading with DISCOUNT. Increase in OI indicates that today's Rise in Nifty50 was due to Squarring up of Short  Positions or Short Covering.

(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 10.74, whereas IV of Near month 7200 strike Put Option was seen at 15.87.

(iv)     At the end of today's session, PCR was decreased. At the end of today's session PCR was recorded as 0.85 (vol) which was at 0.88 (volume) at the end of previous session.  At the end of today's session, PCR  was recorded as 0.83(OI)  which was was at  0.85 ( OI)  at the end of previous session. 

2.0         Movement of India Volatility - Index INDIA VIX :-

           IndiaVix continuously traded in RED Zone and finally closed in RED  at 20.915 or 2.65 % LOWER.

3.0 Advance Decline Ratio(ADR) :-

            NSE Advance Decline Ratio(ADR) opened near 0.56. Thereafter, market strength Improved and ADR hovered around ONE. ADR finally closed at 1.18 i.e. on NSE, 823 stocks closed in GREEN against 700 stocks closed in RED or in simple words, out of every 100 stocks 54 stock closed with gain.

4.0 Movement of Currency Future :-

          Today Currency Derivative market was closed on account of Chhatrapati Shivaji Jayanti.

5.0 Sectoral Indices - Closing    :- 

At the end of session, 
Bank Nifty closed 0.32% HIGHER. 
NiftyAuto Index closed 0.92 % HIGHER. 
NiftyMetal Index closed 0.48 % HIGHER. 
NiftyReality Index closed 0.07% HIGHER. 

NiftyIT Index closed 0.62% HIGHER.
NiftyFMCG Index closed 0.03 % LOWER. 
NiftyPharma Index closed 0.26% Lower.

6.0 Daily Movement of the  Front line  Stocks :-

Infy closed FLAT 
TataMotor closed 1.29 % HIGHER; 
SBIN closed 3.22% Higher.
TataSteel Closed 0.96% HIGHER. 

HUL Closed 0.01% Higher. 

Reliance closed 0.36 % HIGHER; 

SUNPHARAM CLOSED 0.57% 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. 

HDFC(-0.88%)
BHEL (-1.93%)
ORISSA MINES(-1.91%)
SHOBHA DEVELOPER (-0.55%).

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  12,602 Crore INR which was LOWER than previous session; Turnover in Derivative segment was 2,92,290 crore INR LOWER than previous session. 

11.0 FIIs/DIIs Daily Activity :-

As per EoD provisional statistics, FII/FPIs SOLD equity worth 191 crore INR(net), whereas DIIs Bought equity worth 16 crore INR(net).

12.0 Important Development during the Day :-

Earlier, JAPANEES BENCHMARK Index Nikkei225 and Chinese BENCHMARK Index HangSang closed in RED. At the time of writing this, London stock markets BenchMark FTSE was in RED, whereas German Benchmark Index DAX was in RED At the time of writing this, U.S. Benchmark Indices, were hovering around yesterday's close.     

13.0 Way Ahead :-

At the end of session, India Vix is placed in RED near to 20. NSE ADR is placed at 1.18. 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 :  19th-February 2016 22:30 Hrs.