Here's the simplest explanation to what's been happening at the Markets today

The Nifty and the Sensex enjoyed a strong bounce in early Thursday deals after 4 days of relentless selling. But the indices are encountering selling pressure on every rise where traders are happy supplying deliveries. The parliament shut shop with convening any business in Monsoon session, adding a negative to an already weak market. Here is snapshot how stocks are trading with special emphasis on the futures and options market.

MAJOR INDICES: Nifty rose 0.5 percent to 8,391 points. Sensex gained 0.4% to 27,624 points.



Bank Nifty rose 0.7% to 18,187 points. CNX Pharma index added 1.2% to 12,923 points. CNX Auto rose 0.6% to 8,455 points CNX Energy up 0.2% to 8,294 points. CNX finance added 0.7% to 7,437 points. CNX PSU Bank up 0.8% to 3,337 points. CNX IT index rose 0.5% to 12,060 points.

while CNX Metal plunged 2.5% to 1,898 points.



TOP GAINERS Ceat Ltd Adani Ports SKS Micro



TOP LOSERS Vedanta Reliance Comm Jindal Steel

TOP OI GAINERS Havells Page Industries Jindal Steel

TOP OI LOSERS Biocon BPCL Oil India

TOP TRADED Tata Steel Yes Bank State Bank of India

ADVANCE DECLINE RATIOS: SENSEX: 18/12 NIFTY: 31/19 BROADER MARKET: 1,058/1,628 FUTURES & OPTIONS: 71/90

Image credit: Indiatimes