INSUBCONTINENT EXCLUSIVE:
NEW DELHI: After getting bruised badly in the previous session, the bulls made a stellar comeback on Friday and lifted the benchmark Nifty50
to a fresh lifetime peak of 11,360, up 116 points, or 1.03 per cent
The market witnessed solid buying in banking, metal and FMCG sectors
The SP BSE Sensex rallied 391 points, or 1.05 per cent, to settle at 37,556.
Volatility index India Vix declined 4.04 per cent to 12.04
unless cost-cutting measures are put in place
Who moved my SensexHDFC, Axis Bank, ICICI Bank and ITC contributed the most to the index gains
Other contributors included Kotak Mahindra Bank, Reliance, TCS and YES Bank
Spurt in open interestTorrent Pharma witnessed the biggest jump in open interest contracts at 60.14 per cent, followed by Jet Airways
(50.67 per cent), NIIT Tech (32.85 per cent) and Nestle India (29.67 per cent)
Solid earnings fails to lift TitanThe jewellery and watch maker reported 30.80 per cent YoY rise in standalone profit at Rs 349.20 crore
for June quarter, which was higher than Rs 310 crore projected by analysts in an ETNow poll
Revenue for the quarter rose to Rs 4,318.85 crore from Rs 4,026.64 crore in the year-ago quarter
The stock, however, ended flat at Rs 918.30 apiece on BSE, down 0.26 per cent.
New kid on the blockShares of HDFC AMC will list on the
The IPO, which was sold between July 25 and 27, saw huge response from investors and was subscribed a whopping 83 times
READ MOREBoM slides after reporting loss for Q1The public sector lender's June quarter net loss nearly trebled to Rs 1,119 crore as bad
loans spiked, resulting into higher provisioning coverage
The bank had reported a net loss of Rs 412.20 crore in the April-June period of 2017-18
The stock dropped 2 per cent to Rs 13.19 apiece after the result announcement
Most active stocksReliance Communications, Adani Power, PNB, Ashok Leyland, GMR Infra and Suzlon Energy were the most active stocks in
Axis Bank, Titan Company, Indiabulls Housing Finance and HDFC Bank were among the most active scrips in terms of value
Call/Put writingOn the options front, maximum Put OI is at 11,000 followed by 11,200 strike while maximum Call OI is at 11,500 followed by
Put Writing was seen at 11,300 followed by 11,200 strike whereas Call Writing is seen at 11,600 followed by 11,700 strike.
