Closing Index

 09 Oct 2020 

BSE CLOSED @ 40509.49 ✅ 326.82 Points 

NSE CLOSED @ 11914.20 ✅ 79.60 Points

BankNifty Closed 23846.80 ✅ 655.45 Points 

India VIX Closed 20.3800 😀 0.0000 Points.

Weekly 5th - 9th Oct 

BSE CLOSED @ 40509.49 ✅ 1812.44 Points 

NSE CLOSED @ 11914.20 ✅ 497.25 Points

BankNifty Closed 1600.80 ✅ 655.45 Points 

India VIX Closed 20.3800 ✅ 2.0300 Points.

Stocks to watch in trade today

Vedanta said that as per the listing regulations, public shareholders may submit their bid at any price at or above the floor price. Company stated that certain brokers registered with BSE are not allowing public shareholders to place their bid above the floor price.

Future Group Stocks: Amazon.com has initiated arbitration proceedings against Future Group before Singapore International Arbitration Centre. Amazon.com alleges violation of contractual obligations by Future Group. Amazon had acquired a 49% stake in Future Coupons in 2019.

Lakshmi Vilas Bank stated that it received indicative non-binding offer from Clix group. On Sept. 16, Bank had stated that substantial portions of the due diligence process is completed. Clix Capital had signed a preliminary non-binding letter of intent for investment in the Bank in June.

JK Cement has successfully commissioned 0.7 MTPA grey cement grinding capacity at Gujarat plant

and also commenced commercial despatches from Oct. 8

AIA Engineeering: Magotteaux International, AIA Engineering and its managing director Bhadresh Shah have agreed and entered into a full and final binding settlement of all claims made in, arising out of, or in connection, with the arbitration proceedings & challenge proceedings, including claims as to costs, with no liberty to reinstate any such claims in any forum.

Oil India has commenced seismic survey in Andaman Offshore and company plans for intensifying exploration efforts & exploration capex.

Container Corporation Sept. Update: Total physical volumes handled down 8.61% at 8,85,673 TEUs (twenty foot equivalents).

Ramco Cements: Cement grinding units gets commissioned on Oct. 8.

Future Lifestyle Fashion: Crisil downgraded company’s long term bank facilities and NCDs to CRISIL BBB- from CRISIL A, with outlook changing from stable to ratings watch with negative implications. This has been done on account of stretched liquidity position of the company due to slower than expected ramp-up in store revenues, non-availability of additional credit lines due to Covid-19 and increasing company's dependence on restructuring of its debt repayments.

GOCL Corporation’s arm received order worth Rs 187 crore for supply of bulk explosives from Telengana government.

Solar Industries received order worth Rs 447 crore for supply of bulk explosives and initiating systems from Telengana government.

Fno Analysis

 F&O Cues

Nifty October futures closed at 11,827; discount of 8 points vs premium of 17 points

Nifty October futures Open Interest up 6.5%, adds 6. 7 lakh shares in Open Interest

Nifty Bank October futures closed at 23,170; discount of 21 points vs premium of 46 points

Nifty Bank October futures Open Interest up 2%, adds 31,000 shares in Open Interest

Options

Nifty PCR at 1.50

Nifty Monthly Expiry: Oct. 15

Max Open Interest on call side at 12,500 (21.3 lakh shares)

Max Open Interest on put side at 11,500 (13.7 lakh shares)

Active options: 11,800 Put (8.5 lakh shares), 12,500 Call (18.5 lakh shares)

Nifty Monthly Expiry: Oct. 29

Max Open Interest on call side at 12,500 (20 lakh shares)

Max Open Interest on put side at 10,500 (35.3 lakh shares)