Indian Stocks 1 march2016

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

[A]       Movement of Benchmark Index : 

Nifty50 opened with upward gap of 0.73% or 51 point at 7,038 and made Day's low at 7,035. Through out the session, Nifty50 steadily moved up to make day's high at 7,235; Nifty50 finally closed at  7,222 or 3.37 % Higher.

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

(i)         Future Contract :-

Near Month or March'16 Expiry Nifty50 Future, closed with Cost of Carry of 2.44 at 7,236 or 3.24% Higher. Open Interest Increased by 2.92%.

Increase in OI indicates Long Built up.

(ii)    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 Build up was seen 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 7,000 strike. 

(iii)     Implied volatility (IV)

IV  of Near month March'16 Expiry 7,200 strike Call Option was seen at 14.52, whereas
IV of Near month March'16 Expiry 7,200 strike Put Option was seen at 20.12.

(iv)     Put Call Ratio (PCR) :

PCR of Near month March'16 Expiry Options was recorded as.

1.00 (Vol), against previous sessions 0.79(vol) -- INCREASED.

0.96 (OI),  against previous session's 0.88 (OI) -  INCREASED.

2.0         Movement of India Volatility - Index INDIA VIX :-

          IndiaVix traded in RED Zone and finally closed at 18.6725 or 7.37 % LOWER.

3.0 Advance Decline Ratio(ADR) :-

NSE Advance Decline Ratio(ADR) opened near 5.55 and throughout the session ADR remained above 4. ADR finally closed at 6.46 i.e. on NSE, 1338 stocks closed in GREEN against 207 stocks closed in RED or in simple words, out of every 100 stocks 86 stock closed with gain.

4.0 Movement of Currency Future :-

At the end of session, USD-INR Near Month future(March'16 Exp) closed in RED at 68.195 INR 0r 0.83% LOWER.

5.0 Sectoral Indices - Closing:- 

At the end of session 

NiftyMetal Index closed 2.73% Higher.

NiftyPharma Index closed 1.13% Higher.

BankNifty Index closed 3.34% Higher.

Nifty Reality Index closed 4.87% Higher.

Nifty FMCG Index closed 5.38% Higher.

NiftyAuto Index closed 4.28% Higher.
Nifty IT Index closed 3.49% Higher.

6.0 Daily Movement of the  Front line  Stocks :-

At the end of session 

RELIANCE closed 1.82% Higher.

SBIN Closed  2.55%  Higher.

SUNPHARMA closed 1.77 % Higher. 
TATASTEEL Closed 3.37% Higher.
TATAMOTORS closed 5.11% Higher.
INFOSYS closed 4.12% Higher.
Hindustan Unilever closed 0.59% Lower.

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

           

JSW STEEL (+1.34%)

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. 

Godrej Industry (+4.11%)

Orissa Mines (+1,34%)

Naukari (+0.70%)

GSK Consumer( -2.33% )

9.0 Derivative Stock with Extra-ordinary price movement :

            (i)    ITC Limited :-

Stock prices of ITC Limited company were closed 30.85 INR or 10.43% Higher. Long Built up was seen in the near month future contract, which closed with cost of carry at 4.43. Highest OI was seen at 340 call strike and 290 Put strike. Implied Volatility of 325  strike Call Option was seen at 26.87 where as Implied Volatility of 325 strike Put Option was seen at 32.08.

             (ii)    DLF Limited :-

Stock prices of DLF Group's flagship company DLF Limited which is India's leading Real Estate company were closed 9.20 INR or 10.34% Higher. Long Built up was seen in the near month future contract, which closed with cost of carry at 5.76. Highest OI was seen at 100 call strike and 85 Put strike. Implied Volatility of 100  strike Call Option was seen at 47.89 where as Implied Volatility of 100 strike Put Option was seen at 51.62.

10.0 Daily Turnover on NSE :-

On NSE, Turnover in Equity segment was 19,399 Crore INR which was LOWER than previous session; Turnover in Derivative segment was 2,41,485 crore INR which was LOWER than previous session. 

11.0 FIIs/DIIs Daily Activity :-

As per EoD provisional statistics FII/FPIs BOUGHT equity worth 1,760 Crore INR (net), whereas DIIs Bought equity worth 317 crore INR(net).

12.0 Important Development during the Day :-

Earlier Major Asian Stock Markets closed in GREEN.
Later on Major European Stock Markets closed in GREEN.
Late Night, USA stock markets also Closed in GREEN.

In Indian stock market, today after long time, Foreign Institutional Investors (FII) / Foreign Portfolio Investors (FPI) BOUGHT Indian Equity. In today's Trade, Domestic Institutional Investors (DII) also BOUGHT Equity. On back of this institution buying Today Indian Stock Market out performed its Global peers.

13.0 Way Ahead :-

At the end of session, India Vix is placed in RED below 20. NSE ADR is placed at 6.46. Both these together indicates positive bias 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 :  2nd March 2016 02:30 Hrs (Indian Standard TIme).