Overseas Stock Market – Stock Market Quotes

Posted on August 30, 2012 by Sree Lakshmi Reddy

As per overseas market view, the US markets eke out marginal gains following the Fed’s beige book report, but trading was thin and muted throughout most of the session as investors remained cautious ahead of Chairman Bernanke’s speech tomorrow. The CBOE volatility index rose more than 3% to above 17.
Dow Jones Industrial Average was up 0.03% or 4.49 points at 13107.48. Nasdaq Composite was up 0.13% or 4.05 points at 3081.19. Standard & Poor’s 500 was up 0.08% or 1.19 points at 1410.49 in New York stock exchange
On economic data front, the US economy fared slightly better than expected in the second quarter, expanding at a 1.7-percent annual rate. Pending home sales in July jumped to their highest level in more than two years.
According to the Fed’s latest beige book, the economy continues to show improvement in July and early August, but manufacturing activity has weakened in many areas of the country. The Fed also says that retail activity, including auto sales, has picked up since its previous report.
In key data to watch out for in the US today, weekly jobless claims are expected to dip slightly to 370,000.
In the currency space, the euro stays near the 7-week high versus the dollar. The dollar index towards the 81.50 mark.
In commodities, Nymex crude prices decline following a rise in US crude stockpiles. Brent crude stays above USD 112 levels.
From the precious metals space, gold price trade around USD 1655 levels.
Indian ADRs ended mixed on Wednesday. In the IT space, Wipro was up 0.25% at USD 8.03, Patni was unchanged at USD 18.66 and Infosys was down 0.77% at USD 42.75.
In the Banking space, HDFC Bank was up 0.62% at USD 34.11 and ICICI Bank was down 0.33% at USD 33.14. In the Telecom space, Tata Communication was up 0.37% at USD 8.15 and MTNL was down 1.95% at USD 1.51.
In the other space, Sterlite was down 5.47% at USD 7.26, Dr Reddys was down 0.59% at USD 30.3 and Tata Motors was up 0.62% at USD 21.1.

F&O CUES:

Nifty options suggest market range of 5200-5400
Total Puts shed 37.6 lakh shares in Open Interest
Total Calls adds 33.4 lakh shares in Open Interest
5400 Call adds 15.25 lakh shares in Open Interest
5300 Put sheds 19.2 lakh shares in Open Interest
Sept 5400 Call adds 6.7 lakh shares in Open Interest
Sept 5300 Call adds 3.9 lakh shares in Open Interest
Sept 5200 Put adds 3.5 lakh shares in Open Interest
Sept 5100 Put adds 2.8 lakh shares in Open Interest
Total Nifty Futures shed 3.1 lakh shares in OI
Stock Futures sheds 58.4 lakh shares in OI
Nifty PCR fell to 1.13 from 1.23
India VIX closed at 16.74 up by 2.39%
FIIs in F&O on August 29

FIIs net sell Rs 7 cr in Index Futures; Index Futures Open Int Contracts down by 19355
FIIs net sell Rs 772 cr in Index Options; Index Options Open Int Contracts up by 12916
FIIs net sell Rs 579 cr in Stock Futures; Stock Futures Open Int Contracts up by 5755

Overseas Market View – US Markets

Posted on August 22, 2012 by Sree Lakshmi Reddy

The US markets ended lower, on a late day reversal dragged by techs, as investors took profits. The Nasdaq erased 9 points to close at 3,067. Earlier, the Nasdaq hit an intraday high of 2,799 its highest level since December 2000. The S&P 500 to rose to fresh 4 year highs in intraday trade, but ended the day down 0.35%. The CBOE volatility index jumped 7% to above 15 levels.
Dow Jones Industrial Average slipped 0.51% or 68.06 points at 13203.58. Nasdaq Composite was down 0.29% or 8.95 points at 3067.26. Standard & Poor’s 500 shed 0.35% or 4.96 points at 1413.17.
In key data to watch out in the US today, investors will be looking ahead to the release of the Federal Reserve’s latest minutes from its July meeting. Also watch out for existing home sales data that may rise to 4.5 million annual rates.
In the currency space, the euro rises to a 6-week high ahead of euro zone regional leaders meet this week to discuss Greece’s fiscal adjustment program. The dollar index slips below the 82 mark.
In commodities, crude prices gain with Brent just shy of the USD 115 mark after a report showed that stockpiles declined the most in three weeks in the US.
From the precious metals space, gold prices gain more than a percent on further stimulus talks. Platinum too hit a three and a half month high.
Indian ADRs ended higher on Tuesday. In the IT space, Wipro was up 2.13% at USD 8.16, Infosys was up 1.92% at USD 43.49, and Patni was up 0.76% at USD 18.5.
In the Telecom space, Tata Communication was up 1.81% at USD 8.46 and MTNL was up 0.84% at USD 1.2. In the Banking space, ICICI Bank was up 0.69% at USD 35.18 and HDFC Bank was down 0.68% at USD 34.97.
In the other space, Sterlite was up 4.87% at USD 8.19, Tata Motors was up 1.38% at USD 22.04 and Dr Reddys was up 1.81% at USD 29.89.

Overseas Market View – Asian Markets, US Markets

Posted on August 17, 2012 by Sree Lakshmi Reddy

Asian markets were trading mixed. Hong Kong’s Hang Seng rose 0.62% or 123.25 points at 20,086.20.
Japan’s Nikkei advanced 0.64% or 58.17 points at 9,150.93.
Singapore’s Straits Times was up 0.14% or 4.37 points at 3,067.26.
South Korea’s Seoul Composite shed 0.51% or 9.91 points at 1,948.
China’s Shanghai Composite was down 0.14% or 3.01 points at 2,109.19.
Taiwan’s Taiwan Weighted was flat at 7,495.14.
The US markets have their best session in nearly two weeks as German Chancellor Angela Merkel reiterates her support for the ECB’s plans to fight the euro zone crisis and as the Dow component Cisco systems hiked its dividend 75%. The CBOE volatility index slipped to just above 14, a five-year low.
Dow Jones Industrial Average gained 0.65% or 85.33 points at 13250.11. Nasdaq Composite added 1.01% or 31.46 points at 3062.39. Standard & Poor’s 500 rose 0.71% or 9.98 points at 1415.51.
In economic data, weekly jobless claims rose last week to a seasonally adjusted 366,000, in line with expectations. Factory activity in the mid-atlantic area contracted for the fourth-straight month in August. And housing starts unexpectedly fell in July to a seasonally adjusted annual rate of 746,000.
In the currency space, the euro gains versus the dollar, above 1.23 as Chancellor Angela Merkel reiterates her support for the ECB’s plans to fight the euro zone crisis.
In commodities, Brent crude prices at 3 month peak following weakness in dollar and comments from German Chancellor Angela Merkel.
In the precious metals space, gold prices gain on further stimulus hopes.
Indian ADRs ended mixed on Thursday. In the IT space, Infosys was up 1.69% at USD 42.08, Patni was down 0.11% at USD 18.38 and Wipro was down 0.37% at USD 8.02.
In the Telecom space, Tata Communication was up 1.68% at USD 8.47 and MTNL was up 0.33% at USD 1.21. In the Banking space, HDFC Bank was up 0.74% at USD 35.27 and ICICI Bank was down 0.89% at USD 34.44.
In the other space, Tata Motors was up 1.93% at USD 21.15, Dr Reddys was up 1.43% at USD 29.73 and Sterlite was down 0.88% at USD 7.88.

Overseas Market View – F&O, Market Cues

Posted on August 16, 2012 by Sree Lakshmi Reddy

The US markets ended another session flat in lackluster trade as investors digested a string of mixed economic data and earnings reports. It was a day of extremely anemic volumes. The Dow traded within a 55 point range through the day as bluechips dragged. It was only the Nasdaq that managed to eke out a half percent gain.
Dow Jones Industrial Average was down 0.06% or 7.36 points at 13164.78. Nasdaq Composite was up 0.46% or 13.95 points at 3030.93. Standard & Poor’s 500 was up 0.11% or 1.6 points at 1405.53.
Also better economic data is now raising doubts that the Fed would launch any fresh bond buying programme next month. The CBOE volatility index slid below 15.
On economic data front, consumer prices were flat for a second-straight month in July. Meanwhile US homebuilder sentiment rose in August to its highest level in more than five years. New York Fed Reserve empire state index of manufacturing activity fell unexpectedly into negative territory in August for the first time since last October.
In key data to watch out for in the US today, weekly jobless claims are expected to rise marginally to 365,000. The Philadelphia Fed survey is expected to come in at minus 6.5, after a 12.5 decline last month. Also watch out for
housing starts data.
In the currency space, the dollar firm versus the euro after the US economic data boosted treasury yields and cut expectations of more monetary easing from the Federal Reserve.
In commodities, crude prices gain with Brent above USD 116 levels, the highest level in more than three months following a sharp drawdown in US crude stockpiles.
Indian ADRs ended mixed on Wednesday. In the IT space, Infosys was up 0.56% at USD 41.38, Wipro was up 0.5% at USD 8.05 and Patni was down 1.08% at USD 18.4.
In the Telecom space, MTNL was up 0.5% at USD 1.206 and Tata Communication was up 0.12% at USD 8.33. In the Banking space, ICICI Bank was down 0.49% at USD 34.75 and HDFC Bank was down 0.65% at USD 35.01.
In the other space, Sterlite was up 0.51% at USD 7.95, Dr Reddys was down 0.37% at USD 29.31 and Tata Motors was down 0.91% at USD 20.75.

F&O cues:

Nifty options suggest mkt range of 5300-5500
Total Puts add 5.7 lakh shares in Open Interest
Total Calls add 1.5 lakh shares in Open Interest
Highest OI buildup seen in 5000 Put & 5500 Call
5000 Put adds 1.3 lakh shares in Open Interest
5300 Put adds 10.2 lakh shares in Open Interest
5400 Put adds 5.8 lakh shares in Open Interest
5200 Put sheds 1.5 lakh shares in Open Interest
4900 Put sheds 13.5 lakh shares in Open Interest
5500 Call adds 4.1 lakh shares in Open Interest
5400 Call sheds 6.95 lakh shares in Open Interest
5300 Call sheds 4.2 lakh shares in Open Interest
Total Nifty Futures added 8.3 lakh shares in OI.
Stock Futures adds 50.6 cr shares in OI
Nifty PCR rose to 1.21 from 1.2
India VIX closed at 15.64 down by 2.31%
FIIs in F&O on August 14
FIIs net buy Rs 289 cr in Index Futures; Index Futures Open Int Contracts up by 7560
FIIs net buy Rs 411 cr in Index Options; Index Options Open Int Contracts up by 46491
FIIs net sell Rs 428 cr in Stock Futures; Stock Futures Open Int Contracts up by 7153

Market cues:

FIIs net buy USD 65 million in cash market on August 13
MFs net sell Rs 66 crore in cash market on August 13
As per provisional data of August 14, FIIs were net buyers of Rs 258 cr in cash market. FIIs were net buyers of Rs
160 cr in F&O. DIIs were net buyers of Rs 76 cr in cash market.

FII sells 323 Contracts of Nifty, worth 21.28 cores with net OI increasing by 7909 contracts.
As Nifty Future was down by 5 points and OI has increased by 7909, FII have started shorting the index futures in small quantity. As FII average traded price comes at a weird number of 13179 which shows they are trading in fewer volumes and mostly doing day trading.
Nifty Spot closed at 5320 after making a high of 5330 and low of 5294 ,nifty has closed above 5300 but it has formed lower high and lower lows .As discussed earlier the range of 5350-80 is supply zone, cannot be broken in single attempt. Bulls are trying from past 2 days to close Nifty above 5350 but are failing each time suggesting weakness in price and eventual dip till 5260 can come in next 2 days.
Resistance for Nifty has come up to 5350 and after that 5380 which needs to be watched closely ,Support now exists at 5286 ,Below 5260 gap filling will start till 5216 .Trend is still buy on Dips till 5213 is not broken on closing basis.
Nifty August OI is at 2.43 cores with an addition of 3.7 Lakh in OI, shorts were added by Retailers and HNI.
Total Future and Options turnover was 0.93 lakh Cores with total contract traded at 1.8 lakh.
5400 CE saw an unwinding of 2.5 lakhs and total OI stands at 75 lakhs making immediate ceiling for market, 5500 CE still having highest OI of 85 lakhs, 5300 CE also saw an addition of 1.1 lakhs with total OI now standing at 41 lakhs, 4900-5500 CE saw an unwinding of 2 lakhs in OI suggesting weak bears have unwounded the position as Nifty is unable to close below 5300.
Lying on Put side 5000 PE saw an addition of 1 lakhs, immediate support of Nifty as total OI at 1.05 core.4900-5500 PE added total of 10 lakhs in OI. 5200 PE added 6 lakhs in OI suggesting market participants are not showing nifty closing below 5200 for coming week.
FII bought 83 cores and DII sold 536 cores in cash segment.INR closed at 55.41 Live INR rate @ FII has sold 634 in stock futures namely in SBI and PSU banks.
Nifty Futures Trend deciding level is 5265, Trend Changer at 5266 Nifty Above this Level Bulls will rule Nifty Below this levels Bears have superior hand.

Overseas Market View – F&O Cues

Posted on August 14, 2012 by Sree Lakshmi Reddy

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

Overseas Market View – FII Data

Posted on August 10, 2012 by Sree Lakshmi Reddy

The US markets ended narrowly mixed in lackluster trading, with the Dow breaking a four-day winning streak, as investors digested a better-than-expected jobless claims report against waning optimism over the ECB to tackle the region’s debt crisis. Nevertheless, the 5 day rally on the S&P 500 has helped it move nearly 10% higher from the lows of early June.
Dow Jones Industrial Average was down 0.08% or 10.45 points at 13165.19. Nasdaq Composite was up 0.25% or 7.39 points at 3018.64. Standard & Poor’s 500 was up 0.04% or 0.58 points at 1402.8.
On economic data front, weekly jobless claims unexpectedly fell last week, slipping 6,000 to a seasonally adjusted 361,000. Trade deficit narrowed in June as lower oil prices curbed imports. And wholesale inventories in June posted their steepest decline since September.
In key data to watch out for in US today, data may show that export prices declined by 0.1% versus the 1.7% plunge in June. Meanwhile, import prices could see a 0.2% rise for the month of June.
In the currency space, the euro slips below 1.23 to the dollar as traders booked profits on recent gains.
In commodities, crude prices gain with Brent above USD 113 levels lifted by stronger-than-expected economic data in the US and a lower outlook for North Sea Brent production.
From the precious metals, gold prices gain on fresh stimulus hopes in China.
Indian ADRs ended mixed on Thursday. In the IT space, Patni was up 0.79% at USD 18.6, Infosys was up 0.34% at USD 41.59 and Wipro was up 0.25% at USD 8.07.
In the Telecom space, MTNL was up 2.54% at USD 1.21 and Tata Communication was down 1.49% at USD 8.58. In the Banking space, HDFC Bank was up 0.06% at USD 35.32 and ICICI Bank was down 0.4% at USD 34.97.
In the other space, Sterlite was up 3.1% at USD 7.99, Dr Reddys was down 0.73% at USD 29.9 and Tata Motors was down 3.57% at USD 21.34.

F&O cues:

Nifty options suggest market range of 5200-5400

Total Puts add 6.7 lakh shares in Open Interest
Total Calls add 17.6 lakh shares in Open Interest
Highest OI buildup seen in 5000 Put & 5500 Call
5000 Put sheds 94K shares in Open Interest
5500 Call sheds 3.7 lakh shares in Open Interest
5400 Call adds 6.3 lakh shares in Open Interest
5300 Put adds 1.8 lakh shares in Open Interest
5100 Put adds 1.1 lakh shares in Open Interest
Total Nifty Futures added 3.3 lakh shares in OI.
Stock Futures adds 93.3 lakh shares in OI
Nifty PCR fell to 1.15 from 1.17.
India VIX closed at 16.33 down by 0.24%
FIIs in F&O on August 09
FIIs net buy Rs 27 cr in Index Futures; Index Futures Open Int Contracts up by 15419
FIIs net buy Rs 438 cr in Index Options; Index Options Open Int Contracts up by 42998
FIIs net sell Rs 331 cr in Stock Futures; Stock Futures Open Int Contracts up by 24381

Overseas Market View

Posted on August 8, 2012 by Sree Lakshmi Reddy

European shares rose to their highest level in more than four months on Tuesday, as firmer oil stocks and a surge in telecoms group Nokia offset a slump in UK bank Standard Chartered after becoming embroiled in a scandal.

As a result, The FTS Euro first 300 index closed up 0.8 percent at 1,094.19 points, while the Euro STOXX 50 index rose 1.7 percent to 2,440.24 points. Spain’s benchmark IBEX stock market index rose 1.4 percent, while France’s CAC and Germany’s DAX closed up 0.8 per cent and 0.5 per cent respectively.

On the flip side, U.S. stocks surged for a third straight day on Tuesday, pushing the S&P above 1,400 for the first time since early May, on growing optimism the European Central Bank would act soon to contain the euro zone’s debt crisis. Hopes for fresh policy actions to help debt-market strugglers Spain and Italy buoyed the market sentiment. Since then, good news from Greece and declines in borrowing costs for Spain and Italy from peaks above 7 percent have kept sentiment positive.

However, summer holidays have added to light trading volume, which has contributed to volatility. Tuesday’s advance was led by stocks in cyclical sectors like energy, materials and consumer discretionary, while defensive sectors like telecoms and utilities edged lower.

Cheering the news, the Dow Jones Industrial Average gained 51.09 points, or 0.39 percent, at 13,168.60 at the close. The Nasdaq Composite Index ended up 25.95 points, or 0.87 percent, at 3,015.86 and Standard & Poor’s 500 Index rose 7.12 points, or 0.51 percent, to 1,401.35.

Overseas Market – FII Activity for Indian Equity & Debt Market

Posted on August 7, 2012 by Sree Lakshmi Reddy

European shares closed at four months high on Monday, with shares driving gains on the back of recent U.S. economic data and hopes for fresh policy actions to help debt-market strugglers Spain and Italy.

Stronger-than-expected U.S. jobs data also lifted sentiment towards equity markets. As a result, the FTSEurofirst 300 index ended 0.4 percent higher at 1,085.79 points. Spain’s benchmark IBEX stockmarket index which was halted for several hours due to a technical glitch, rose 4.4 percent, while Italy’s FTSE MIB gained 1.5 percent on expectations that any support from the ECB to lower borrowing costs will help the economy.

On the flip side, U.S. stocks surged on Monday on ECB Speculation as German Chancellor Angela Merkel’s government backed the European Central Bank’s bond-buying plan. Hopes for fresh policy actions to help debt-market strugglers Spain and Italy buoyed the market sentiment as a result Spanish and Italian notes increased, while commodities reversed declines. The nonfarm payrolls report put traders in a good mood, after four days of being in a bad mood, of the market’s best session in more than a month. Sentiment brightened further with U.S. economic data. Among the individual stocks, Knight Capital Group Inc., the firm driven to the brink of bankruptcy by trading losses last week, tumbled 24 percent.

The three main indices closed in green after sentiments were brightened by better-than-expected July job date and improving economic date. Cheering the news, the Dow Jones Industrial Average gained 21.34 points, or 0.16 percent, to 13,117.51 at the close. The Nasdaq Composite Index ended up 22.01 points, or 0.74 percent, to end at 2,989.91 and Standard & Poor’s 500 Index rose 3.24 of a point, or 0.23 percent, to 1,394.23.

Crude oil opened the week with a 1.0 per cent gain at USD 92.30 per barrel. Natural gas also closed in positive terrain with 1 per cent gain at USD 2.91 per MMBtu as the weaker dollar gave them a boost.

Following the crude’s footsteps, Gold closed the day’s trading with 0.4 per cent gain at USD 1616.00 per ounce. However, Silver settled 0.3 per cent higher at USD 27.87 per ounce.

FII ACIVITY

Gross equity purchased stood at Rs. 1,509.60 Crore and gross debt purchased stood at Rs. 179.00 Crore, while the gross equity sold stood at Rs. 1,341.90 Crore and gross debt sold stood at Rs. 139.60 Crore.
Therefore, the net investment of equity and debt reported were Rs. 167.70 Crore and Rs. 39.40.