Research Reports
End of day derivatives commentary
Markets drift lower
Published on
Fri Aug 10, 2012 at 04:47 PM
Markets drift lower
It was yet another day of consolidation for the main indices on Friday. Veritas-Indiabulls tangle, tepid IIP numbers and substandard results from sectoral heavyweights like SBI, Bharti Airtel and Ranbaxy Labs dented investor sentiments in the last few sessions.
The Nifty Aug Fut finally closed 0.05pts or 0.001% lower at 5,350.0. The Nifty Aug Fut premium narrowed to 29.6pts from 35.05pts in the previous session. The biggest gainers in the F&O segment were IGL, Tech Mah, Jain Irrigation and Balrampur Chini. The biggest losers were BEML, PFC, SBI, Ranbaxy and Rel Capital.
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