DERIVATIVES NEWSLATER - 5-11-2012

·   Nifty future opened positive and gained momentum throughout the day to close near days high.

·   Nifty Nov futures made a high of 5747.9, low of 5700.0 and finally closed at 5739.5

·   Nifty spot closed at 5697.70 up by 52.6 points.

·   Bank Nifty closed at 11460.5 up by 145.5 points.

·   CNX IT closed at 6163.5 up by 61.7 points.

·   Nifty Nov futures closed with 41.85 point’s premium.

·   Nifty heavyweight stocks LT, ITC, GAIL and BAJAJ-AUTO witnessed long build-up.

·   Volatility India index VIX closed at 13.6 down by 3%.

·   PCR (Volume) is at 0.94.

·   Nifty Nov 5600 put strikes have witnessed OI build-up.

·   Nifty Nov 5700 call strike has witnessed some unwinding with OI shedding by 15%

·   Automobile sector closed up by 0.9%, major stocks that supported the move were BAJAJ-AUTO, ASHOKLEY AND HEROMOTOCORP.

·   Banking sector up by 1.9%, major gains were contributed by UNIONBANK, ORIENTBANK, CANBANK,  AND DENABANK.

·   Cement sector closed up by 1.3%, the major stocks that supported the move were CENTURYTEX, AMBUJACEM AND INDIACEM.

·   Banking, Technology and Capital Goods sector witnessed maximum OI action.

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