19 August Morning Market Updates:

19 August Morning Market Updates:
Stocks that are in news today:

Results Today: Ballarpur Industries (BILT)
Bajaj Auto, DRL & Sesa Goa to be included in Nifty

ABB, Idea & Unitech excluded from Nifty
Changes to take place with effect from October 1
Cabinet and CCEA meet today
Agenda: Import duty on power equipment; direct taxes code bill ; proposal to impose 19% import duty on power equipment
SEBI
Revises norms for investment & disclosure by MFs in derivatives
Exposure to any counterparty in interest rate swap capped at 10% of net assets
Gati
Announced demerger of its shipping division into a wholly owned subsidiary
Company is also looking for a strategic or financial partner in the newly hived-off entity
Gillete India
Sales at Rs 252 crore versus Rs 184 crore (up 37% YoY)
PAT at Rs 19 crore versus Rs 38 crore (Down 50% YoY)
Other stocks and sectors that are in news today:
MIC bags orders worth Rs 20.64 crore
SREI Infra to buy 60% stake in Millicom’s tower assets for Rs 400 crore
Religare Technova acquires equity stake in forming strategic partnership with Chase Cooper
Mahindra Lifespace starts construction in Mahindra World City, Jaipur's Manufacturing Zone
Arshiya Int plans to raise Rs 7500 crore from stake sale for expansion
Greaves Cotton to set up Rs 100 crore plant in Aurangabad
Asyrazenace nears second outsourcing deal with Indian Co Intas – DNA
GVK’s Power biz to raise USD 280 million from PE Players 3i and Actis – BS
Board Meet -Royal Orchid Hotel: Fund Raising
Vardhman Textiles board meet on August 21 to consider various possibilities to raise funds in the Company.F&O cues:

Futures Open Int up by Rs 2320 crore
Options Open Int up by Rs 1598 crore

Nifty Fut shed 2.16 lakh in Open Int in August
Nifty Futures add 9.6 lakh shares in Open Int in Sep
Nifty Futures at 5 pts prem versus 10.8 pts prem
Nifty Open Int PCR at 1.57 versus 1.45
Nifty Puts add 46.5 lakh shares in Open Int
Nifty Calls shed 24 lakh shares in Open Int
Nifty Aug 5500 Put adds 13.5 lakh shares in Open Int
Nifty Sep 5400 Put adds 9.15 lakh shares in Open Int
Nifty Aug 5400 Put adds 7 lakh shares in Open Int
Nifty Sep 5300 Put adds 5.25 lakh shares in Open Int
Nifty Aug 5500 Call sheds 18.7 lk shrs in Open Int
Nifty Aug 5400 Call sheds 17 lk shrs in Open Int
Stock Futures add 4.55 cr shares in Open Int
FIIs in F&O on August 18
Net buy Rs 517 crore in Nifty Futures
Net buy Rs 135 crore in Nifty Options
Net buy Rs 194 crore in Stock Futures
Market cues:

FIIs were net buyers of USD 110.5 million on August 17
MFs were net sellers of Rs 170 crore on August 17

NSE F&O Open Int ws up by Rs 3918 crore at Rs 1.78 lakh crore
As per provisional data of August 18, FIIs were net buyers of Rs 674.5 crore; DIIs were net sellers of Rs 113.5 crore in cash markets. FIIs were net buyers of Rs 814 cr in F&O.
FIIs were net buyers to the tune of Rs 1054 crore in F&O; they were net buyers of Rs 161 crore in Nifty Futures and net buyers of Rs 1051 crore in Nifty Options.

Nifty Open Interest (OI) PCR stood at 1.45 versus 1.44. Nifty September 5300 Put added 4.5 lakh shares in OI while Nifty August 5500 Call adds 3.7 lakh shares in OI. Stock Futures added 6.2 crore shares in OI.
Speculative long buildup was seen in UCO Bank. The stock rose 5.5% and its OI was up 19%. Long buildup was seen in IFCI; the stock rose 2% and OI was up 10%. Delivered volume stood at 71 lakh shares versus 43 lakh.

Long buildup was also seen in India Infoline and ITC. India Infoline shot up 8% and its OI was up 8%. Delivered volume stood at 33 lakh shares versus 13 lakh.
ITC gained 1.2% and its OI was up 15%. Delivered volume stood at 36 lakh shares versus 20 lakh.
US Markets:
US markets ended with modest gains but the S&P was still below the key 1100 level. Consumer discretionary, telecom and technology gained while energy and utilities stocks ended lower.

In economic data, US mortgage applications soared last week on the strongest demand for home refinancing loans in 15 months. Meanwhile the US Government data showed crude inventories rose to the highest level since weekly records began in 1990. The data follows Tuesday's report from the American Petroleum Institute, which showed a surprisingly large build in supplies.
n key data to watch from US, the initial jobless claims would be announced later Today. Polls indicate that the claims may come in lower than the previous week at 480,000. Jobless claims for the august 7 week rose by 2,000 to 484,000, the highest level since February.

The August Philadelphia Fed survey is also going to be released today. Polls indicate that it may rise to 7 after easing to 5.1 in July indicating a slower rate of growth. But there is a possibility of decline in August as the new orders index fell to minus 4.3 to mark an end to a year long string of growth.
The July conference board's index of leading indicators is expected to rise to 0.1% after it fell 0.2% in June. Last month's decline was the second dip in three months.
In the currency space, it was a choppy run for the dollar. It gained as the euro failed to hold above a key psychological level of 1.29. However, the greenback came under fresh selling pressure against the yen, moving toward recent 15-year lows.
It was a volatile session for oil. Crude prices slipped after US government data showed inventories at record levels. But a bounce in US equity markets pulled crude futures well above intra-session lows.
Meanwhile, gold continued its upward rally rising nearly 3% in the last five sessions. Strong physical demand and the dollar's initial loss triggered technical buying in the yellow metal.
In the base metal space- copper saw buying on improved demand outlook but saw marginal losses in Asia trade this morning on the dollar's relative strength.