Stock Markets

Sensex touches 11,000-point mark for first time in 18 months

Sensex touches 11,000-point mark for first time in 18 months

Stock Futures Shed 1 Cr Shares In OI

Stock Futures Shed 1 Cr Shares In OIStock futures lost 1 crore shares in Open Interest, OI. FIIs remained net buyers to the tune of Rs 614 crore in Nifty futures, in which OI went up by 52,896 contracts.

They purchased Rs 235 crore in Nifty options, in which OI stood up by 49,134 contracts.

Nifty futures marked their closure with 13-point premium whereas OI PCR remained unaltered at 1.60 on Thursday.

Nifty 3300 Put appended 13 lakh shares in OI and Nifty 3400 Call added up 5.4 lakh shares in OI.

Above 3,400 Level, S&P CNX Nifty May Face Strong Resistance

Above 3,400 Level, S&P CNX Nifty May Face Strong Resistance Futures & options (F&O) traders On Thursday sold 3,300 strike put and 3,400 strike call options, pointing that they projected the Nifty to trade between 3,300 and 3,400 in the coming time.

A fresh writing of Nifty put or call options at certain strike prices hints support or resistance levels for the stock Index.

Nikkei ends morning lower ahead of USearnings report season

Nikkei ends morning lower ahead of USearnings report season Tokyo - Japan's key Nikkei 225 Stock Average ended morning trading lower Monday with investors in a wait-and-see mood ahead of US corporate earnings reports to be announced this week. The Nikkei index dipped 6.49 points, or 0.07 per cent, to 8,957.62 after briefly rising above the 9,000-points level during the morning session.

But the broader Topix index of all first-section issues was up 3.64 points, or 0.43 per cent, at 849.61.

Medium Term Buy Call – ITC Limited at 186

ITC Limited

Company is the largest manufacturer of cigarettes in India. It is a member of BAT Group of UK. ITC is rated among the World's Best Big Companies, Asia's 'Fab 50' and the World's Most Reputable Companies by Forbes magazine, among India's Most Respected Companies by BusinessWorld and among India's Most Valuable Companies by Business Today. ITC ranks among India's "10 Most Valuable (Company) Brands", in a study conducted by Brand Finance and published by the Economic Times. ITC also ranks among Asia's 50 best performing companies compiled by Business Week.

Products & services-

Long Term Buy Call – Nestle India Limited at current levels

Nestle India LimitedIncorporated in 1959 as Food Specialties

Pages