INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Wednesday proved to be another rough day for the bulls
Jitters ahead of June series FO expiry, falling rupee and lingering trade war worries threw domestic stocks into an abyss.
The 30-share
Sensex pack took a 273-point tumble to settle at 35,217 while NSE's Nifty bled almost 100 points to end at 10,671.
The pain was worst in
after 21.3 lakh shares changed hands in a single block deal.
The Hot StockNDTV hit upper circuit limit of 20 per cent after reports Sebi
ordered Vishvapradhan Commercial to make an open offer for NDTV for indirectly acquiring control of up to 52 per cent stake
The stock settled at Rs 39 apiece on BSE
Call/Put writingOn the options front, maximum Put open interest stood at 10,700 followed by 10,600 while maximum Call OI was at 11,000
There was Put unwinding at all immediate strike prices, while significant Call writing was seen at 10,800 and 10,700, which could restrict
the upside momentum.
Varroc IPO fully subscribedThe initial public offering of Varroc Engineering got fully subscribed on the second day of
At 5 pm, total bids stood at 1,44,22,890 shares against the total issue size of 1,41,85,212 shares
Spurt in open interestMM Financial Services witnessed the biggest spurt in open interest at 62.16 per cent, followed by Britannia (55.06
per cent) and Hexaware (51.86 per cent).
MACD shows bearish crossover on NiftyTechnical indicator momentum indicator moving average
convergence divergence showed bearish crossover for Nifty50 index which means the index is likely to fall in the coming sessions.
