13 July 2010 Morning Market Updates

13 July 2010 Morning Market Updates  08:41
Infosys Q1 result may disappoint the street expectations.Infosys declared Net Profit of Rs.1488 against Rs.1617 QoQ.Street expectations were Rs.1564 Cr.
Stocks in News :
IRDA

-IRDA gives R3 license to L&T
-L&T General Insurance Company Ltd is 24th insurance firm
Ruchi Soya
-SEBI passes consent order on Ruchi Soya
-Ruchi Soya to pay Rs 1 crore towards consent
-Company allegedly did not disclose shareholding pattern regularly
Pfizer Q2
-Net profit at Rs 34.7 crore versus Rs 31.3 crore (YoY)
-Net sales at Rs 212 crore versus Rs 186 crore (YoY)
CMC ((Q1FY11 QoQ consolidated))
-Revenues at Rs 245.15 crore versus Rs 234.24 crore
-Net profit at Rs 46.44 crore versus Rs 44.3 crore
-Margins at 22.06% versus 22.37%
Board Meet
-SEL Manufacturing : Fund Raising
-Hotel Leela : Issue equity shares to the promoter + results
Other stocks and sectors that are in news today:
-VC Circle Exclusive: BGR Energy to raise Rs 350 cr by diluting 5-6% stake
-Bhushan Steel okays 5-for-1 stock split
-RCF plans Rs 1100 crore FPO – Mint
F&O :
Futures Open Int up Rs 1973 crore
Options Open Int up Rs 1595 crore

Nifty Futures add 7 lakh shares in Open Int
Nifty Futures at 2-point discount
Nifty Open Int PCR at 1.33 versus 1.31
Nifty Puts add 15 lakh shares in Open Int
Nifty Calls add 3.7 lakh shares in Open Int
Nifty 5300 Put adds 10 lakh shares in Open Int
Nifty 5400 Put adds 7 lakh shares in Open Int
Nifty 5500 Call adds 7 lakh shares in Open Int
Nifty 5300 Call sheds 6.6 lakh shares in Open Int
Stock Futures add 2.4 cr shares in Open Int
FIIs in F&O on July 12
Net buy Rs 609 crore in Nifty Futures
Net buy Rs 394 crore in Nifty Options
Net buy Rs 590 crore in Stock Futures
FIIs were net buyers to the tune of Rs 609 crore in Nifty futures and FIIs’ Nifty futures Open Interest was down 17,942 contracts.
FIIs were net buyers to the tune of Rs 590 crore in Stock futures. Nifty futures ended at 2-point discount. Nifty Open Interest PCR increased to 1.33 versus 1.31.

Nifty 5300 Put added 10 lakh shares in Open Interest and Nifty 5400 Put added 7 lakh shares in Open Interest. Nifty 5500 Call added 7 lakh shares in Open Interest. Stock futures added 2.4 crore shares in Open Interest.
Fresh long positions were seen in Rolta, Polaris and Dena Bank. Rolta India gained 4.7% and its futures Open Interest was up 28%.
Polaris shot up 9% and its futures Open Interest was up 21%. Dena Bank rose 5.3% and its futures Open Interest was up 27%.
Idea Cellular rallied 5% and its cost of carry was down. Its futures Open Interest was up 15%. NSE delivered volume was at 81 lakh shares.
Profit booking was seen in Balrampur Chini. The stock was down 3% and its futures Open Interest was down 3%.
US Markets :
US markets ended Monday's trade flat.The Dow closed at 10,216.27 with just 18.24 points gain and the Nasdaq closed at 2,198 by gaining 1.91 points.