Carnage on Dalal Street

Carnage on Dalal Street continues

Sensex hits a new 2008 low of 10239.7; Nifty hits a new 2008 low of 3198.9

Worst weekly performance for sensex & Nifty ever; Sensex ends down 15.5% or 1950 points and nifty ends down 14% or 550 points for the week

Sensex ends down 800 points to close at 10527; Nifty ends down 233 points to close at 3279

CNX Midcap Index down 7%, BSE Small-cap Index down 7.3%

Bse Realty Index dn 11.3%, Dlf dn 8.7%, Unitch dn 12.1%, Akruti city 7.2%, Hdil dn 18.8%, Ib Real Estate dn 19.4%

Bse Metal Index dn 9.2%; Tata Steel dn 15%, Hindalco dn 11%, Sail dn 7.2%, Sterlite dn 6.1%

Bse Cap goods dn 9.2%; Punj Lloyd dn 18%, Bhel dn 8%, L&T dn 7.8%, Abb dn 7.4%, Siemens dn 9.4%

Bse Bankex dn 7.8%; Icici Bank dn 19.8%, Yes Bank dn 20.1%, Axis Bank dn 14.6%, Hdfc down 8.8%

Bse Oil & Gas dn 6.7; Reliance Ind dn 7.3%, Cairn dn 11.9%, Rnrl dn 11.7%, Essar Oil dn 12.7%

Index Losers : Rcom dn 20.3% , Rel Infra dn 19.5%, Suzlon dn 17.6%, Rpower dn 9.8%

Relentless selling in midcap stocks : Core Proj dn 42.4%, India Infoline dn 24.9%, Nagar Const dn 24.2%, Bajaj Jind dn 22.3%

Relentless selling in midcap stocks: Welspun Guj dn 22%, United Spirits dn 21.1%, Bajaj Finserve dn 20%, India Bulls Sec dn 20%, Guj Nre Coke dn 19.7%

Horrible NSE Advance:Decline Ratio at 1:11

Total market turnover at Rs 68100.82 crore vs Rs 75587.35 crore

Nse F&O Turnover at Rs 48279 crore vs Rs 57666.95 crore

F&O Snapshot:

Nifty futures adds 36 lakh shares in OI; ends at a premium of nearly 23 points on back of cash based selling

Aggressive short build up in Private Sector banking stocks

Metal, Infra, Telecom and Oil & Gas stocks continues to see short build up

Nifty PCR slips to 0.74 in today’s trade

Aggressive short build up in stock fut ; more than 30 stocks adds more than 10% OI build up

Liquid mid cap stocks butchered with selling in cash market

Unwinding in 3400 put continues

Call writing continues in 3400-3600 call options

Options Activity:

Nifty 3600 call adds 7.9 lakh shares

Nifty 3400 call adds 6.1 lakh shares

Nifty 3500 call adds 6.1 lakh shares

Nifty 3400 put adds 5.2 lakh shares

Stock Options:

RPL 110 put adds 1.3 lakh shares

Chambal Fert put adds 51 thousand shares

OI Addition :

Axis Bank 45%

India Infoline 41%

Kotak Bank 32%

Icici Bank 29%

Fresh short:

Banks : Icici bank , Axis Bank , Kotak Bank , Yes Bank

Metals : Hindalco , Tata Steel

Misc : RCom , JP associates , Punj Lloyd , ONGC , R power ,

Long Unwinding : Rnrl , Chambal Fert, Naga Fert , Arvind Mill