Here's the simplest explanation to what's been happening at the Markets today
Major indices and derivatives managed to shake off the bears on Thursday after 4 days of relentless selling that saw the market hit a fresh 1-year low. It remains to be seen whether these gains will sustain or not, but for the moment, the entire market is bathed in a shade of green. Here is a snapshot of the latest moves in the futures and options space in late afternoon trade.
INDICES
Nifty futures up 105 points at 7,844
Bank Nifty Futures rose 317 at 16,600
CNX IT Futures added 37 at 11,672
TOP PRICE GAINERS
DLF
Tata Motors DVR
HDIL
I B Real Estate
TOP PRICE LOSERS
Amtek Auto
Kaveri Seed
Idea
Ceat
TOP OI GAINERS
Ceat
DLF
Just Dial
Amara Raja
TOP OI LOSERS
Castrol
IndusInd Bank
Canara Bank
A B Nuvo
TOP TRADED FUTURES
State Bank of India
Axis Bank
ICICI Bank
TOP TRADED CALLS
SBI 250 Sept
SBI 240 Sept
Reliance 900 Sept
TOP TRADED PUTS
SBI 230 Sept
DLF 100 Sept
DLF 110 Sept
Image credit: Indiatimes
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