Mumbai, Jul 29: The benchmark Nifty ended with positive bias on settlement day for the month of July 2010. It has been witnessing a consolidation around 5400 mark for the third consecutive week.
Marketwide rollover was around 70-75pc (provisional). Nifty 5,300 Put and 5,600 Call added highest Open Interest, which suggests the range for next series. High rollover was seen in Cairn, McLeod Russel, Godrej and Core Projects.
The top gainers On Thursday,Jul 29, private financial, FMCG and select metal companies' shares along with Tata Motors, HCL Tech, Hero Honda, Ambuja Cements, GAIL and ABB
The market was dragged by telecom, oil & gas, power and healthcare companies' shares along with SAIL, TCS, DLF, L&T, JSPL and Siemens witnessed selling pressure, which capped the gains to major extent.
The 30-share BSE Sensex closed at 17,992, up 34.63 points and the 50-share NSE Nifty rose just 11.35 points to settle at 5,408.90. The Nifty August futures ended at 14 points premium, as per provisional data.
In the month of Jul the benchmarks rallied around 1.5pc in which Telecom and oil marketing companies' were the major gainers; Bharti & Idea Cellular surged 20% each. HPCL and BPCL shot up 17-14pc.
Mkts up; HDFC, HUL gain
At 13:26 pm, the Sensex was at 17966, up 9.5 points and the Nifty was at 5398, up 0.7 points. The Nifty July future was trading at 3 points premium and August future at 11 points premium.
The market was dragged by heavyweight Reliance Industries down 0.7pc. The other losers were PSU financial, telecom and private power companies' shares along with SAIL, L&T, Sun Pharma, Jindal Steel, Infosys, M&M and ACC
The gain stars were HDFC and HUL 2-2.4pc.including ICICI Bank, ONGC, HDFC Bank, Sterlite, Maruti, ITC, BHEL, Hero Honda, Wipro, NTPC and Hindalco .
The top gainers were HDFC at Rs 2,968, up 2.50pc; IDFC at Rs 188.90, up 2.25pc; HUL at Rs 257.75, up 2.14pc; HCL Tech at Rs 380.50, up 2.13pc; GAIL at Rs 452.95, up 1.74pc; Maruti Suzuki at Rs 1,209.05, up 0.54pc; ICICI Bank at Rs 914.05, up 0.54pc and Hero Honda at Rs 1,864, up 0.50pc.
The top losers were SAIL at Rs 203.65, down 2.35pc; Suzlon Energy at Rs 57.25, down 2.14pc; Idea Cellular at Rs 68, down 2.09pc; Reliance Comm at Rs 183.60, down 1.42pc; Bharti Airtel at Rs 317.85, down 1.29; ACC at Rs 830, down 1.18pc; DLF at Rs 308.25, down 1.15pc and SBI at Rs 2,447.05, down 0.96pc.
The active exchangers were Aster Silicates, ARSS Infra, Monsanto India, Aban Offshore, Reliance and HDFC
BSE advanced 1582 shares and declined 1581 shares. Nearly 187 shares were unchanged.
Sensex and Nifty dip; metal, telecom drag
At 10:29 am, the benchmark Sensex was consolidating ahead of expiry month of Jul 2010 while the Nifty was trading 5400 down.
The markets were dragged by metal, telecom, technology FMCG companies, ONGC, SBI, BHEL, DLF, Reliance Industries, Tata Motors, M&M and L&T.
The gainers were HDFC, Sun Pharma, HCL Tech, HDFC Bank, Axis Bank, Unitech, Hero Honda, Hindalco, Maruti, Cipla and Reliance Infrastructure.
Sensex was 17924, down 33 points and the Nifty was at 5387, down 10 points. The Nifty August future was trading at 10 points premium and July future at 1.5 points premium.
The top losers were DLF at Rs 307.60, down 1.36pc; Reliance Communications was at Rs 183.50, down 1.1pc; Bharti Airtel was at Rs 318.20, down 0.89pc; Reliance was at Rs 1,012, down 0.88pc; SBI was at Rs 2,449, down 0.88pc; Idea Cellular was at Rs 67.50, down 2.81pc; SAIL was at Rs 204, down 2.18pc and Suzlon Energy was at Rs 57.70, down 1.37pc
The active exchangers were Aster Silicates, Monsanto India, Aban Offshore, MMTC, Reliance Industries, HDFC and L&T
In the midcap space, 3M India, Bata India, UB Holdings, Monsanto India and Info Edge was by 3.5-6pc while EID Parry, Wockhardt, Lakshmi Machine, Alfa Laval and S Kumars Nation was down 2-3.5pc
The smallcap space, Andhra Cement, Halonix, Bhagwati Banquet, Kalyani Steels and OCL Iron was up by 6.5-10 pc while LGS Global, ITD Cementation, Subhkam Capital, Emco and JBF Industrieswas down 4-10pc.
Mkts open on flat note ahead of F&O expiry
Ahead of F&O expiry for the month of July on Thursday, Jul 29, the markets opened the day on a flat note.
At 9:01 am, BSE Sensex was trading at 17945, down 12 points and NSE Nifty was at 5392, down 5.5 points.
The Indian indices were also responding to the mixed cues from Asian markets.
Selling pressure was seen in frontliners such as Bharti Airtel, Idea Cellular, Reliance Communications, Sterlite Industries, ONGC, Hero Honda, Infosys, ICICI Bank and SBI.
On disappointing numbers, Tata Communiations, DLF and JSPL lost over 2 per cent. Ahead of its numbers, SAIL was down 1.6 per cent.
Kotak Mahindra Bank, HDFC, Maruti, ABB and Sun Pharma were the early gainers and HCL surged 5.5 per cent after posting better-than-expected numbers.
Among the midcaps and smallcaps, Aban Offshore was up 1 per cent ahead of numbers and SPARC rose 3 per cent. However, MTNL lost 3.5 per cent.
New entrant Emami Infra slipped 2.5 per cent. However Aster Silicates gained 1 per cent.