Market ended near days high ahead of crucial Fed meeting

Market ended near days high ahead of crucial Fed meeting. Market rallies towards the second half to end day strong. Sensex went up 165 pts at 15669; Nifty up 52 pts at 4546.

 

CNX Midcap Index up 1.3%, BSE Small-cap Index up 1.6%. BSE Bank Index up 2.5%; ICICI Bank up 3.3%, SBI up 3%. BSE Oil & Gas Index up 1.5%; RIL up 1.5%, ONGC up 1.75%, GAIL up 3.6%. Index Gainers; Bharti Airtel up 2.2%, MTNL up 1.7%, Siemens up 3%. BSE IT, Healthcare Indices ended in the red.

 

Real Estate, Banking & cement stocks hogged the limelight in mid-cap stocks. Small/ Mid-cap metal stocks (Rohit Ferro, MSP Steel) continue to buzz. NSE Advance Decline ratio was at 8:3.

 

Total market turnover at Rs 61580.48 cr Vs Rs 49815.65 cr on Monday. New Listing: Nagreeka Capital closes at upper circuit of 20% at Rs 114 Vs listing price of Rs 114 (base price Rs 95)

 

PROFIT BOOKING/LOSERS
Neyveli Lignite
Aftek
Apollo Tyres
PNB Gilts
Hexaware
Info Edge
Andhra Sugar

 

CURRENCY MOVEMENT
Yen depreciates by 17 bps at 115.14; hits intra-day high of 114.7 and low of 115.22
Rupee depreciates by 10 bps at 40.51; hits intra-day high of 40.5 and low of 40.625

 

F&O SNAPSHOT
Nifty futures ends at marginal premium Vs 10 pts on Monday
Nifty futures add 18 lakh Vs 22.37 lakh shares yesterday in OI
Nifty futures turnover at nearly 28-30% of total FNO turnover
Banking/ Financial stocks lead the way from post noon rally
Oil & Gas saw fresh longs being initiated in the heavyweights
Telecom stocks: Bharti saw short covering, R Comm saw addition of long positions

 

Star Performers:
IndusInd Bank, Triveni Engg, Escorts, Reliance Capital

 

High Turnover (above 1000 cr)
Reliance Capital, SBI, REL, RIL

 

Fresh Longs
Banks/Financials: IndusInd Bank, SBI, BoB, Vijaya Bank, Indian Bank, ICIC Bank, IDBI, and Reliance Capital
Oil & Gas: ONGC, RIL, RNRL, RPL
Power: Tata Power, NTPC
Misc: Aban Offshore, Peninsula Land NIIT Tech, Bombay Rayon, United Phos, Dabur, Nagar Fert, IFCI, R Com

 

Fresh Shorts
Cipla, Mphasis, Ballarpur Ind, Wipro

 

Short Covering
Escorts (In F&O Curb), TTML (In F&O Curb), IVRCL Infra, GMR Infra, HCL Tech, Bongaigaon (In F&O Curb), Karnataka Bank

 

Long Unwinding
Neyveli Lignite ((In F&O Curb), Oswal Chem