Today's Nifty Futures Updates 29 July, 2013

MID-SESSION

Market hits fresh intraday low

Key benchmark indices extended losses to hit fresh intraday low in mid-morning trade as weakness in Asian stocks dampened sentiment. The S&P BSE Sensex hit 2-1/2-week low. The 50-unit CNX Nifty hit its lowest level in almost three weeks. The Sensex was down 119.24 points or 0.6%, off close to 120 points from the day's high and up about 5 points from the day's low. The market breadth, indicating the overall health of the market, was negative.

IT major Wipro surged as the company issued upbeat revenue guidance for Q2 September 2013 at the time of announcing Q1 June 2013 results after trading hours on Friday, 26 July 2013.

The market edged lower in early trade on weak Asian stocks. The market extended initial losses to hit fresh intraday low in morning trade.

At 11:20 IST, the S&P BSE Sensex was down 119.24 points or 0.6% to 19.631.34. The index declined 122.93 points at the day's low of 19,625.26 in mid-morning trade, its lowest level since 11 July 2013.

The CNX Nifty was down 39.50 points or 0.67% to 5,846.70. The index hit a low of 5,843.95 in intraday trade, its lowest level since 10 July 2013. The index hit a high of 5,886 in intraday trade.

TCS rose 0.12%. TCS said during market hours today, 29 July 2013, that it has won a three year contract from the Zambia Revenue Authority (ZRA) for the modernisation of its domestic tax system.

Today's Nifty Options Updates 25 July,2013

FUTURES MARKET

Nifty August 2013 futures at premium

Turnover surges

Nifty August 2013 futures were at 6040, at a premium of 49.50 points over spot closing of 5990.50. Nifty July 2013 futures were at 6004.40, at a premium of 13.90 points over spot closing. Turnover on NSE's futures & options (F&O) segment jumped to Rs 244958.21 crore from Rs 175601.14 crore on Tuesday, 23 July 2013.

Yes Bank July 2013 futures were at 382.70, near spot closing of 381.7

State Bank of India July 2013 futures were at 1803.65, at a premium over spot closing of 1800.

Reliance Communications July 2013 futures were at 138.25, near spot closing of 138.

In the spot market, the 50-unit CNX Nifty shed 87.30 points or 1.44% to settle at 5,990.50, its lowest closing level since 17 July 2013.

The July 2013 derivatives contracts expire tomorrow, 25 July 2013.

Today's Nifty Futures Updates 24 July,2013

MID-SESSION

Nifty falls below 6,000

Key benchmark indices extended losses to hit fresh intraday low in mid-morning trade as the Reserve Bank of India's (RBI) latest measures to squeeze liquidity from the banking system to stem rupee's decline rattled investor sentiment. The S&P BSE Sensex hit its lowest level in almost one week. The 50-unit CNX Nifty hit one-week low below the psychological 6,000 mark as weakness in Asian stocks also dampened sentiment. The Sensex was down 277.93 points or 1.37%, up about 5 points from the day's low and off close to 230 points from the day's high. The market breadth, indicating the overall health of the market, was weak.

IT stocks edged higher, with TCS and HCL Technologies hitting record high and Tech Mahindra hitting 52-week high. Capital goods stocks edged lower on worries the ongoing slowdown in the economy could restrict new orders. Sterlite Industries extended intraday losses.

The market trimmed losses after a weak start. The intraday recovery proved short lived as the market weakened again in morning trade. The market extended losses to hit fresh intraday low in mid-morning trade.

The market may remain volatile in the immediate future as traders roll over positions in the futures & options (F&) segment from the July 2013 series to August 2013 series. The near month July 2013 derivatives contracts expire tomorrow, 25 July 2013.

The CNX Nifty was down 102.95 points or 1.69% to 5,974.85. The index hit a low of 5,968.40 in intraday trade, its lowest level since 17 July 2013. The index hit a high of 6,047.25 in intraday trade.

Infosys was up 0.63%.

HCL Technologies advanced 0.73% to Rs 906.30. 

Tech Mahindra was up 1.97% to Rs 1202.20.

Wipro gained 1.41%.

Today's Nifty Futures Updates, 22 July,2013

Sensex hits highest level in nearly 9 weeks

Key benchmark indices extended intraday gains to hit fresh intraday high in early afternoon trade as Asian stocks rose. The S&P BSE Sensex hit highest level in almost 9 weeks. The Sensex was up 113.72 points or 0.56%, up about 200 points from the day's low. The market breadth, indicating the overall health of the market, was positive.

Ambuja Cements dropped after a foreign brokerage firm downgraded the stock to neutral from outperform. IT stocks rose, with Tech Mahindra hitting 52-week high. Sun Pharmaceutical Industries and Hindalco Industries extended intraday gain.

A bout of initial volatility was witnessed as key benchmark indices trimmed losses after a weak opening. The Sensex reversed initial losses and moved into positive zone in morning trade. The market hovered in positive terrain in mid-morning trade. The Sensex extended intraday gains in early afternoon trade.
The market may remain volatile this week as traders roll over positions in the futures & options (F&) segment from the July 2013 series to August 2013 series. The near month July 2013 derivatives contracts expire on Thursday, 25 July 2013.

Foreign institutional investors (FIIs) bought shares worth a net Rs 252.26 crore on Friday, 19 July 2013, as per provisional data from the stock exchanges.

The CNX Nifty was up 32.65 points or 0.54% to 6,061.85. The index hit a high of 6,064.15 in intraday trade. The index hit a low of 6,004.25 in intraday trade, its lowest level since 18 July 2013.

The market breadth, indicating the overall health of the market, was positive. On BSE, 943 shares gained and 890 shares fell. A total of 123 shares were unchanged.

Today's Nifty Futures Updates. 19 July, 2013

FUTURES MARKET

Nifty July 2013 futures above 6000

Turnover rises

Nifty July 2013 futures were at 6060.20, at a premium of 22.15 points over spot closing of 6038.05. Turnover on NSE's futures & options (F&O) segment rose to Rs 161374.22 crore from Rs 149327.31 crore on Wednesday, 17 July 2013.

Hindustan Unilever July 2013 futures were at 691, near spot closing of 687.50.

Axis Bank July 2013 futures were at 1246, at a premium over spot closing of 1241.80.

State Bank of India July 2013 futures were at 1835.40, at a premium over spot closing of 1828.25.

In the spot market, the 50-unit CNX Nifty advanced 64.75 points or 1.08% to settle at 6,038.05, its highest closing level since 30 May 2013.

The July 2013 derivatives contracts expire on 25 July 2013.

Nifty Futures Update, 18 July, 2013

FUTURES MARKET

Nifty July 2013 futures at discount

Turnover rises

Nifty July 2013 futures were at 5969.45, at a discount of 3.85 points compared to spot closing of 5973.30. Turnover on NSE's futures & options (F&O) segment rose to Rs 149327.31 crore from Rs 147938.01 crore on Tuesday, 16 July 2013.

Hindustan Unilever July 2013 futures were at 681.10, near spot closing of 680.

Reliance Communications July 2013 futures were at 142.45, at a discount compared to spot closing of 142.90.

State Bank of India July 2013 futures were at 1811.35, near spot closing of 1811.

In the spot market, the 50-unit CNX Nifty advanced 18.05 points or 0.3% to settle at 5,973.30, its highest closing level since 15 July 2013.

The July 2013 derivatives contracts expire on 25 July 2013.

Today's Nifty Updates

Sensex hits fresh intraday high

The CNX Nifty was range bound, while the barometer index, the S&P BSE Sensex further trimmed losses to hit a fresh intraday high in afternoon trade. The Sensex was down 231.52 points or 1.16%, up 153 points from the day's low and off 24 points from the day's high.

The market breadth, indicating the overall health of the market, was weak.

Key benchmark indices dropped amid initial volatility as the yields on government bonds rose after the Reserve Bank of India (RBI) after market hours on Monday, 15 July 2013, announced a slew of measures to address exchange rate volatility. The BSE Sensex, fell below the psychological 20,000 mark. The 50-unit CNX Nifty fell below the psychological 6,000 mark.

The rupee was hovering at 59.37 versus dollar, against Monday's close of 59.89/90. In the debt market, the yield on the most traded 8.33 GS 2026 was hovering at 8.1903%.

Bharti Airtel (up 1.83%), ONGC (up 1.66%), ITC (up 1.29%), Sun Pharmaceutical Industries (up 1.07%), Hindustan Unilever (up 1.01%), NTPC (up 0.74%) and TCS (up 0.58%), edged higher from the Sensex pack.

Today's Nifty Reports

FUTURES MARKET

Nifty July 2013 futures above 6000

Turnover rises

Nifty July 2013 futures were at 6018.45, at a premium of 9.45 points over spot closing of 6009. Turnover on NSE's futures & options (F&O) segment rose to Rs 140236.64 crore from Rs 140202.75 crore on Thursday, 11 July 2013.

Infosys July 2013 futures were at 2811, at a premium over spot closing of 2804.45.

State Bank of India July 2013 futures were at 1904, at a premium over spot closing of 1894.80.

Reliance Communications July 2013 futures were at 144, matching spot closing of 144.

In the spot market, the 50-unit CNX Nifty advanced 73.90 points or 1.25% to settle at 6,009, its highest closing level since 30 May 2013.

The July 2013 derivatives contracts expire on 25 July 2013.

Nifty Futures Updates

Nifty July 2013 futures near spot price

FUTURES MARKET

Nifty July 2013 futures near spot price

Turnover jumps

Nifty July 2013 futures were at 5938, near spot closing of 5935.10. Turnover on NSE's futures & options (F&O) segment surged to Rs 140202.75 crore from Rs 109172.64 crore on Wednesday, 10 July 2013.

State Bank of India July 2013 futures were at 1916.50, at a premium over spot closing of 1911.90.

Infosys July 2013 futures were at 2543, at a premium over spot closing of 2535.35.

Reliance Communications July 2013 futures were at 141.75, at a discount compared to spot closing of 141.80.

In the spot market, the 50-unit CNX Nifty advanced 118.40 points or 2.04% to settle at 5,935.10, its highest closing level since 3 June 2013.

The July 2013 derivatives contracts expire on 25 July 2013.