Wednesday, April 07, 2010

Suzlon, Andhra Bk, Videocon see fresh long positions

The Nifty futures ended at 1-point premium versus 4-point discount. The Nifty's Open Interest PCR increased to 1.29 versus 1.27.

Nifty 5300 Put added 9 lakh shares in Open Interest and Nifty 5400 Put added 7 lakh shares in Open Interest while Nifty 5400 Call added 7 lakh shares in Open Interest. Stock futures added 1.2 crore shares in Open Interest.

Fresh long positions were seen in Suzlon Energy, Andhra Bank and Videocon Industries while fresh short positions seen in HCL Tech and Cipla.

Suzlon Energy gained 2.3% and its futures Open Interest was up by 5%. Andhra Bank rose 4% and its futures Open Interest was up by 30%. Videocon Ins went up 3% and its futures Open Interest was up by 24%.

Source : http://www.moneycontrol.com/news/fo-cues/suzlon-andhra-bk-videocon-see-fresh-long-positions_450356.html

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