MARKET WRAP: Sensex slips 240 points as IAF strikes Pakistan terror camps

All that happened in the markets today

10:05 AM

NEWS ALERT | Meeting of Cabinet Committee on Security underway

10:03 AM

MARKET CHECK

9:59 AM

Arvind Kejriwal on India-Pak tension

9:55 AM

NEWS ALERT| Indo-Pak geopolitical tension

9:54 AM

Top losers on BSE500

COMPANY	PRICE(rs)	CHG(rs)	CHG(%)	VOLUME
KIOCL	125.10	-7.10	-5.37	136
DEWAN HSG. FIN.	130.30	-6.40	-4.68	306555
PRESTIGE ESTATES	201.70	-9.00	-4.27	1729
INDIABULLS INTEG	250.00	-10.70	-4.10	562
SUNDARAM CLAYTON	2523.55	-105.65	-4.02	45

9:49 AM

Oil check

Source: MCX

9:47 AM

Rollover stats

Nifty rolls were near 24.43%, higher than 3M average of 14.38%

 

Market wide rolls were at 20.43%, higher than 3M average of 22.2%

 

High rollover was seen in Adani Enterprises (61%), Voltas (46%), UBL (44%), Ramco Cement (44%) and Century Textiles (44%)

 

Rollover activity is significantly low among CESC, Apollo Hospitals, Kajaria Ceramics, Escorts and Tata Global

 

Among index stocks, JSW Steel (58%), Yes Bank (57%) and Infosys (52%) are witnessing high rolls into the next series while GAIL (12%), NTPC (14%) and BPCL (16%) are seeing low rollover into the March series

 

Rollover activity in the Nifty found some momentum in the last session as mid-month open interest in Nifty swelled over 5 million shares. In the last session February series shed 2.2 million shares against addition of more than 2.4 million shares in the March series.

The roll spread in Nifty increased marginally to 40 points. Considering the expected dividend of almost 22 points in March series, the current spread of 62 points seems to be on a higher side. We expect the spread to decline gradually towards settlement.

(Source: ICICI Securities report)

9:45 AM

Rahul Gandhi on Indo-Pak tension

9:42 AM

Rupee check

Source: Bloomberg

9:41 AM

Sectoral trends on NSE

9:40 AM

NEWS ALERT | PM Modi meeting Arun Jaitley, Nirmala Sitharaman and Sushma Swaraj

9:30 AM

Indo-Pak tensions

9:30 AM

Nifty PSU Bank index is trading over 1.5% lower

9:18 AM

Sectoral trend on NSE

9:17 AM

Opening gainers and losers on S&P BSE Sensex