Indian Stocks 9 March2016

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

[A]       Movement of Benchmark Index : 

Nifty50 opened wth downward gap of 0.66% or 49 Point at 7,436 made Day's low at 7,424. Thereafter Nifty50 steadily gained to make Day's high at 7,539  and  finally closed at  7,531 or 0.62% 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 1.21 at 7,537 or 1.14% Higher.

Open Interest Decreased by 1.79% indicates Short Covering..

(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).Long Built up at 7,500 Call strike was seen .

Highest OI of Put Options was at 7,000 Put strike (no change). Long Unwinding was seen at 7,000 PUT strike.

Highest trading volume of Call options was recorded at 7,500 strike, whereas highest trading volume of Put options was recorded at 7,400 strike. 

(iii)     Implied volatility (IV)

IV  of Near month March'16 Expiry 7,500 strike Call Option was seen at 12.83, whereas
IV of Near month March'16 Expiry 7,500 strike Put Option was seen at 18.11..

(iv)     Put Call Ratio (PCR) :

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

1.01 (Vol), against previous sessions 1.09(vol)  - Decreased. 
1.16 (OI),  against previous session's 1.14 (OI) -  Increased.

2.0         Movement of India Volatility - Index INDIA VIX :-

IndiaVix TRADED in RED and finally closed 5.2% Lower at 17.5050.

3.0 Advance Decline Ratio(ADR) :-

NSE Advance Decline Ratio(ADR) opened above at 0.35. ADR finally closed at 1.23 i.e. on NSE, 843 stocks closed in GREEN against 687 stocks closed in RED or in simple words, out of every 100 stocks 55 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 67.4775 INR 0r 0.27% Lower.

5.0 Sectoral Indices - Closing:- 

At the end of session,

NIFTY BANK closed 0.88% Higher.
NIFTY AUTO closed 1.23% Higher.
NIFTY FMCG closed 0.18% Higher.
NIFTY IT closed 0.11% Higher.
NIFTY PHARMA closed 0.26% Higher.
NIFTY REALTY closed 1.58% Higher.
NIFTY METAL Closed  -0.88% Lower.

6.0 Daily Movement of the  Front line  Stocks :-

At the end of session 

SBIN  closed 0.05% Higher.
SUNPHARMA closed 0.38% Higher.
TATAMOTORS closed 0.49% Higher.
TATAMOTORS closed 0.49% Higher.
RELIANCE closed 1.45% Higher.
TATASTEEL closed 1.59% Higher.
HINDUNILVR closed 1.93% Higher.

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

           

Not Any

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

Not Any

9.0 Derivative Stock with Extra-ordinary price movement :

              Not Any

10.0 Daily Turnover on NSE :-

On NSE, Turnover in Equity segment was 18,248 Crore INR which was Higher Than .previous session; Turnover in Derivative segment was 2,29,287 crore INR which was Higher than previous session. 

11.0 FIIs/DIIs Daily Activity :-

As per EoD provisional statistics FII/FPIs BOUGHT equity worth 462 Crore INR (net),whereas DIIs Sold equity worth 823 crore INR(net) .

12.0 Important Development during the Day :-
As per latest data release, China's exports contracted sharply last month, deepening worries over slowing growth in the world's second-largest economy. February exports shrank 20.6% from a year earlier to 821.8 billion yuan ($126 billion), according to data from China's General Administration of Customs. That's a steeper drop than the 6.6% contraction the previous month. "Sluggish global demand is the main reason for China's disappointing exports rather than a general loss of export competitiveness," said HSBC China economists Jing Li and John Zhu.

Earlier, Japanese and Chines stock Market's Benchmark Index closed in RED. 
Later in the day, London and Germany Stock Market's Benchmark Index closed in GREEN. 
At the time of writing this blog, all 3 major Indices of US Stock markets were trading in GREEN.

13.0 Way Ahead :-

At the end of session, India Vix is placed in RED below 20. NSE ADR is placed at 1.23. Both these together indicates Positive bias for upcoming session at the opening. 

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 :  10th  March 2016 1:00 Hrs (Indian Standard TIme).