Markets open in green: Sensex hit 14,300
Markets open in green: Sensex hit 14,300
The markets opened in green terrain on the back of buying seen in IT, banks and oil and gas stocks.

New Delhi: The superlative Q3 performance of Reliance Industries and Tech Mahindra has given further boost to the ongoing bull run and the markets opened in green terrain on the back of buying seen in IT, banks and oil and gas stocks.

At 9:56 am (IST), Sensex was up 83 points at 14300 and Nifty was up 25 points at 4134. Major gainers included RIL, Tech Mahindra, ICICI Bank, HLL, SBI, TCS, Hindalco, Hero Honda, HPCL, MTNL, ONGC, SAIL and Rel Comm. However, Ranbaxy, Cipla, Tata Steel and Reliance Energy were trading under pressure.

Asian stocks traded on a weaker note today, Japan's Nikkei was down 0.65 per cent or 112.51 points at 17,258.42, Taiwan's Taiwan Weighted plunged 0.40 per cent or 31.91 points at 7,863.27, South Korea's Seoul Composite fell 1.87 per cent or 25.89 points at 1,357.32.

However, Hong Kong's Hang Seng was up 0.15 per cent or 30.20 points at 20,307.71 and Singapore's Straits Times was flat at 3,061.77.

Market cues:

  • RIL results beat street expectations.
  • FIIs net buy $22.3 million in equity on January 17.
  • MFs net buy Rs 89 crore (Rs 890 million) in equity on January 17.
  • NSE F&O Open Interest down by Rs 135 crore (Rs 1.35 billion) at Rs 61,610 crore (Rs 616.10 billion).
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    F&O cues:

    • Open Interest down in late trade on profit booking.
    • Futures Open Interest down by Rs 605 crore (Rs 6.05 billion); Options Open Interest up by Rs 470 crore (Rs 4.70 billion).
    • Marketwide rollover at 13 per cent; Nifty rollover at 10.7 per cent.
    • Nifty Futures shed 2.3 lakh shares in total Open Interest.
    • Nifty January Fut at one-pt premium, February at five-pt premium.
    • Nifty Open Interest Put-Call ratio up to 1.79 from 1.73.
    • Nifty Calls add marginal Open Interest; Puts add 7.9 lakh shares.
    • Nifty February 4100 Put adds almost four akh shares in Open Interest.
    • Nifty January 4150 Put adds 3.7 lakh shares in Open Interest/
    • Nifty January 4100 Put adds 2.4 lakh shares in Open Interest.

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