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A stock broker reacts during market hours in a dealing room in Mumbai (Photographer: Prashanth Vishwanathan/Bloomberg News)
Stocks To Watch: InterGlobe Aviation, Kesoram Industries, Lupin, Tata Motors
Indian equity benchmarks on Tuesday snapped their longest run of gains in four months on higher crude prices amid weakness in HDFC twins.
The S&P BSE Sensex fell 0.3 percent or 107 points to 36,134 and the NSE Nifty 50 Index declined 0.13 percent or 14 points to 10,869.
Here Are The Stocks To Watch Out For In Today’s Trade
Bulk Deals
- AVG Logistics: Sixth Sense India Opportunities Fund acquired 1.71 lakh shares at Rs 75.19 each (The company is listed in NSE Emerge)
Who’s Meeting Whom
- Mahindra Lifepsace Developers to meet Wellington Management on Dec. 5.
- Tata Steel to meet Abu Dhabi Investment Authority on Dec.11.
- Astral Poly Technik to meet Edelweiss AMC, Tata AMC and other investors on Dec. 5.
- Tata Global Beverages to meet Habrok Capital Managment, Jupiter AMC and other investors from Dec. 5-6
Insider Trading
- Alembic promoter group Nirayu acquired 1.54 lakh shares between Nov. 30 and Dec. 3.
- Confidence Petroleum India promoters acquired 1.07 lakh shares on Dec. 3.
- Axis Bank promoter United India Insurance sold 60,000 shares between Nov. 28-30.
- Skipper promoters acquired 41,000 shares between Nov. 30 and Dec. 3.
- MEP Infra Developers promoter group AJ Tolls acquired 6 lakh shares between Nov. 30-Dec. 3.
(As reported on Dec. 4)
Trading Tweaks
- Hotel Leelaventure price band revised to 5 percent.
Money Market Update
- The rupee on Tuesday weakened for the second straight day and closed at 70.50/$. It closed at 70.46/$ o Monday.
F&O Cues
- Nifty December futures closed trading at 10,908, premium of 38 points.
- Max open interest for December series at 11,000 call option, (open interest at 27.3 lakh shares)
- Max open interest for December series at 10,000 put option, (open interest at 39.8 lakh shares)
Put-Call Ratio
- Nifty PCR at 1.7 from 1.68.
- Nifty Bank PCR at 0.92 from 1.01.