24 June 2010 Intraday Calls

24 June 2010 Morning Market Updates  08:50

Today market will open on lower side because of weak Asian markets.Nifty may corrects upto 5280-5285 levels.
Intraday Calls :
Buy Aban Abv 746 sl 740 T 756


Buy ACC Around 866 sl 858 T 876

Buy BPCL Abv 561 sl 553 T 573



Sell Bhel Bel 2423 sl 2436 T 2410

Sell HCLTech Bel 370 sl 375 T 363

Sell HDFCBank Bel 1988 sl 2005 T 1946 Positional

Sell M&M Bel 626 sl 632 T 616

Sell Rcom Bel 179 sl 184 T 170

Sell Relcapital Bel 754 sl 762 T 744

Sell SBIN Bel 2335 sl 2360 T 2270 Positional

Sell RNRL Bel 63 sl 65 T 59

Stocks in News ;
HCL Corp to sell 1 cr shares or 1.48% in HCL Tech Via Block Deal


Alert: HCL Corp is promoter company of HCL Tech

Block Deal to take place between Rs 354-360/sh today

ALERT: HCL Corp Owns 50.27% Stake in HCL Tech

Deutsche Bank likely to be one of the bankers



Sources Say:

ING Bank To Sell Its Entire Stake In Kotak Mahindra Bank

ING Bank To Sell Entire Stake In Kotak Bank Via Block Deal

Book Size: 70 Lakh Shares; Upsize Of 36 Lakh Shares

ING To Sell Stake For Rs 730- Rs 750/sh; CMP At Rs 783.20/sh

Book Opened To Institutional Investors

ING Bank Holds 3.07% Stake :: In Kotak Mahindra Bank

Ex-Dates Today


Yes Bank : Ex-Dividend Rs.1.5/shr

Union Bank of India : Ex-Dividend Rs.5.5/shr

Bank of Baroda : ex-Dividend Rs.15/shr


Other stocks and sectors in the news

Vishal Retail board approves MoU With TPG In Accordance With CDR

Balaji Telefilms receives notice from the Thane City Civil Court from RNA builders for 13,890sq mt dispute

Re-Listiing : Kirloskar Oil Engines ((Investment business , expected listing around Rs.450-500))

Board Meet Today: Edelweiss Capital : Stock Split/Bonus

Fortis : 3 Parkway Directors may vote against Malaysian bid : BL

Cable Corp to develop Rs.1000cr land :BL

Essar Shipping plans $250 m FCCB : DNA

F&O cues:




Futures Open Int up Rs 2321 crore, Options Open Int up Rs 2390 crore



Nifty futures add 35 lakh shares in total Open Int

Nifty July at 7-point premium, June at 2-point premium




Nifty Open Int PCR for all series at 1.84 versus 1.80



Nifty Open Int PCR for next series at 1.28



Nifty Puts add 34 lakh shares, Nifty Calls add 6.5 lakh shares in Open Int



Nifty July 5100 Put adds 18 lakh shares in Open Int



Nifty June 5300 Put adds 7 lakh shares in Open Int



Nifty July 5500 Call adds 10 lakh shares in Open Int



Nifty Jul 5400 Call adds 8.5 lakh shares in Open Int



Stock futures add 1.6 cr shares in Open Int



FIIs in F&O on June 23



Net buy Rs 141 crore in Nifty futures



Nifty Futures Open Int up 1.55 lakh contracts



Net buy Rs 1305 crore in Nifty options



Nifty Options Open Int up 52,560 contracts



Net sell Rs 473 crore in Stock futures



Stock Futures Open Int up 30,604 contracts