The US markets eased off their session lows but still ended in the red, with the S&P 500 snapping a six-day winning streak, amid fears of a global economic slowdown. The CBOE volatility index fell below 14 to its lowest level in almost five years.- Dow Jones Industrial Average was down 0.29% or 38.52 points at 13169.43. Nasdaq Composite was up 0.05% or 1.66 points at 3022.52. Standard & Poor’s 500 was down 0.13% or 1.76 points at 1404.11.
- In key data to watch out for in the US today, the producer price index for the month of July is expected to edge up 0.2%. And retail sales may see a 0.3% growth in July.
- In the currency space, the euro holds on to its yesterday gains ahead of the GDP data due from Germany and France.
- In commodities, Brent crude prices retreat to USD 113 levels after touching an intraday high of USD 115 levels yesterday.
- Indian ADRs ended lower on Monday. In the IT space, Infosys was down 0.93% at USD 41.4, Wipro was down 0.61% at USD 8.1 and Patni was down 0.58% at USD 18.6505.
- In the Banking space, ICICI Bank was down 1.52% at USD 34.39 and HDFC Bank was down 0.93% at USD 35.25. In the Telecom space, Tata Communication was down 1.97% at USD 8.42 and MTNL was up 1.33% at USD 1.216.
- In the other space, Dr Reddys was down 1.57% at USD 29.41, Tata Motors was down 1.09% at USD 20.81 and Sterlite was up 0.5% at USD 8.09.
F&O cues:
- Nifty options suggest market range of 5200-5400
- Total Puts add 15.4 lakh shares in Open Interest
- Total Calls shed 3.6 lakh shares in Open Interest
- Highest OI buildup seen in 5000 Put & 5500 Call
- 5000 Put sheds 1.75 lakh shares in Open Interest
- 5500 Call adds 29K shares in Open Interest
- 5300 Put adds 8.82 lakh shares in Open Interest
- 5200 Put adds 5.25 lakh shares in Open Interest
- 4900 Put adds 4 lakh shares in Open Interest
- 5400 Call sheds 5.95 lakh shares in Open Interest
- 5300 Call adds 22K shares in Open Interest
- Total Nifty Futures added 10.4 lakh shares in OI
- Stock Futures adds 1.7 cr shares in OI
- Nifty PCR rose to 1.2 from 1.17
- India VIX closed at 16.01 down by 0.37%
- FIIs in F&O on August 13
- FIIs net sell Rs 28 cr in Index Futures; Index Futures Open Int Contracts up by 22065
- FIIs net sell Rs 410 cr in Index Options; Index Options Open Int Contracts up by 17193
- FIIs net sell Rs 442 cr in Stock Futures; Stock Futures Open Int Contracts up by 5226