28th July Morning Market Updates:

28th July Morning Market Updates:
Stocks that are in news today:

Results Today: DLF, JSPL, Sun Pharma, HCL Tech, M&M, Tata Comm, Alfa Laval, Chennai Petroleum, Corporation Bank, EID Parry, Essel Propack, Havells India, Kirloskar Oil, Lakshmi Machine, Lupin, Marico, Merck, MMTC, MRF, Neyveli Lignite, Patni Computer, Sobha Developer, Sun TV Network, Trent, Voltas.
Board Meet

NRB Nearing: Board Meet for Bonus
Lakshmi Machine Work: Buy-Back
ABB to be deleted from MSCI Index w.e.f today
ABB open offer: Sources
ABB open offer over-subscribed
LIC & ICICI Pru Life tender part of their holding
LIC tendered 50% of its holding
ICICI Pru tendered 70% of its holding
Godrej Industries
To join Godrej Properties for developing Vikhroli land
Godrej Ind to get 40% profit from Vikhroli property development
Unitech
Unitech considering possible offer for UCP
Alert: UCP is Unitech Corporate Park
Alert: UCP is AIM-listed company
Alert: UCP owns majority stake in corporate park assets
Unitech may offer 31 pence per share for UCP
Unitech may offer 25% premium over CMP for UCP
Alert: Unitech holds 4.52% stake in UCP
Other stocks and sectors that are in news today:
Oil Secretary says: ONGC Videsh to submit offer for BP Assets in Vietnam
HCC receives Rs 126.225 crore contract from Hindalco
Redington to raise the FII ceiling limit and NRIs to 100% from 24%
Emami Infrastructure lists today
SKS Microfinance IPO opens Today
Cummins Inc. (Parent) raises India sales growth guidance to 49% (versus 41% a quarter earlier)
F&O cues:

Futures Open Int up Rs 267 crore, Options Open Int up Rs 566 crore
Bazaar

Excerpts from Bazaar on CNBC-TV18 Watch the full show »
Nifty futures net Open Int unchanged, rollover of 58 lakh shares yesterday
Nifty July at 4-point premium, Aug at 13-point premium
Nifty Open Int PCR at 1.48 versus 1.47
Nifty Puts add 6 lakh shares, Calls add 1.6 lakh shares in Open Int
Nifty Aug 5400 Put adds 8.2 lakh shares in Open Int
Nifty Jul 5400 Put sheds 9 lakh shares in Open Int
Nifty Aug 5500 Call adds 5.7 lakh shares in Open Int
Nifty Jul 5400 Call sheds 7.8 lakh shares in Open Int
Stock futures add 2 cr shares in Open Int
Marketwide rollover at 47%, in line with June expiry
Nifty rollover at 45% versus 40% in June expiry
FIIs in F&O on July 27
Net buy Rs 248 crore in Nifty Futures
Net buy Rs 1281 crore in Nifty Options
Market cues:

RIL Q1 Results in line with estimates, GRM At $7.3/bbl
FIIs were net buyers of USD 101 million in equities on July 26

NSE F&O Open Int was up by Rs 833 crore at 1.69 lakh crore
As per provisional data of July 27, FIIs were net sellers of Rs 23 crore; DIIs were net sellers of Rs 222 crore in cash markets. FIIs were net buyers of Rs 1508 crore in F&O.
US Markets:
In the US markets, it was a flat close for the benchmark indices after consumer confidence retreated to a five-month low.

Nasdaq Composite was down 0.36% or 8.18 points at 2288.25. Standard & Poor's 500 was down 0.10% or 1.17 points at 1113.84. Dow Jones Industrial Average was up 0.12% or 12.26 points at 10537.69.
n economic data, the conference board delivered the latest sign that consumers are getting weary: their gauge of consumer confidence fell to 50.4 in July from 54.3 in June; economists had expected it to drop to 51.

In important data to watch out for today-- weekly mortgage applications, advance report on durable goods and the Fed's Beige book will be all out later today.
In the forex market, the dollar gained versus the euro as investors became more risk-averse. Earlier, the euro traded at an 11-week high against the dollar but the single currency erased its advance.
In the commodity universe, crude prices fell nearly 2%, reversing an earlier rally as investors were prompted to sell off riskier assets including oil and equities. It is currently trading at USD 77.
In base metals, copper is down for the first time in 7 sessions. Others like lead, nickel and zinc all fell more than 1.5% each.
In precious metals, gold dropped 2% to a near three-month low under 1,160 dollars.