INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Another day and another record closing high for BSE Sensex and NSE Nifty on Monday.
Firm global cues coupled with buying in bank
stocks kept bulls roaring on Dalal Street for a second straight session
The BSE Sensex closed 135.73 points, or 0.36 per cent, up at 37,691.89, while the NSE Nifty index added 26.30 points, or 0.23 per cent at
11,387.10.
Here’s a quick recap of the top newsmakers of the day:
Spectacular debutHDFC Asset Management Company made a robust listing on
The scrip closed 65 per cent up at Rs 1,816 against the issue price of Rs 1,100
Shares of the company listed at Rs 1,739 on the BSE and at Rs 1,726.25 on the NSE.
Who moved my SensexICICI Bank, Reliance Industries, State
Bank of India and Axis Bank contributed the most to the index gains
Other contributors included Mahindra Mahindra, Maruti Suzuki, Bharti Airtel and YES Bank
Spurt in open interestArvind witnessed the biggest jump in open interest contracts at 71.64 per cent, followed by Adani Ports (27.27 per
cent), Syndicate Bank (22.83 per cent) and Britannia (21.17 per cent)
Most active stocksHDFC AMC, Axis Bank, State Bank of India, ICICI Bank, Reliance Industries and YES Bank were the most active stocks in
Reliance Communications, Adani Power, Suzlon, Punjab National Bank, JP Power, State Bank of India and SAIL were among the most active scrips
in terms of volume.
Call/Put writingOn the options front, maximum Put open interest (OI) was seen at 11,000 followed by 11,200 strike while
maximum Call OI is at 11,500 followed by 11,400 strike
Put writing stood at 11,300 followed by 11,400 strike while call writing was seen at 11,500 followed by 11,600 strike.
Banking stocks
rallied Axis Bank, ICICI Bank and State Bank of India rallied more than 3 per cent each on Monday, whereas YES Bank gained 1.32 per cent
The BSE Bankex closed 1.11 per cent up at 31,423.47.
30 stocks set to gain, shows MACDTechnical indicator Moving average convergence
divergence (MACD) showed 30 stocks are likely to gain in the coming sessions
The list includes names such as Exide Industries, InterGlobe Aviation, Jubilant Foodworks, Mahindra Mahindra, Gruh Finance and JMC
Projects.
Stocks at 52-week highOver 45 stocks on the NSE scaled fresh 52-week high on Monday
The list includes stocks such as Abbott India, Aditya Birla Fashion, Borosil Glass, Electrosteel Steels, Endurance Technologies, GAIL
(India) and HB Stockholdings.
Stocks at 52-week lowLanco Infratech, Gayatri Highways, Gammon India, BS Limited, ABG Shipyard, Raj Rayon,
Sita Shree Foods and Sterling Biotech stood among the stocks that scaled their fresh 52-week low in today’s trade.
Bharti Airtel
climbedShares of the telecom major gained more than 3 per cent after it informed bourses that it has entered into strategic partnership with
Telecom Egypt, Egypt’s first integrated telecom operator, wherein, Airtel will get IRUs (Indefeasible Right of Use) on Middle East North
Africa Submarine Cable (MENA Cable) and TE North Cable Systems.
