INSUBCONTINENT EXCLUSIVE:
protectionist measures proved too hot to handle.
Volatility gained momentum and metals and IT packs declined the most
While ICICI Bank and Tata Motors did their bit to lift the benchmark index higher, heavy selling in Kotak Mahindra Bank, Infosys and HDFC
close below 10,800 level at 10,799.85.
Here's a lowdown on key market movements that you might have missed -IDFC Bank tanks on bulk
dealsShares of IDFC Bank ended 2.20 per cent lower at Rs 42.30 apiece on BSE after 24 lakh shares changed hands in a block deal.
Buzzing
stocksShares of Mumbai-based textile manufacturer Indo Count Industries closed 13.10 per cent higher on BSE
The trading volume surged 12 times to 3.37 lakh shares against the two-week average of 0.28 lakh shares on the BSE
Metal and mining major Vedanta ended nearly 3 per cent lower at Rs 232.30 apiece on BSE amid reports the company's parent company halted
operations at Zambia mine
Call/Put WritingOn the options front, maximum Put open interest stood at 10,700 and 10,600 while maximum Call OI was at 11,000 followed by
There was Put writing at 10,700 followed by 10,600 while Call writing was seen at 10,800 and then 10,900 levels
Options data suggested a broader trading range between 10,700 and 10,900 levels
Spurt in open interestBata India witnessed the biggest spurt in open interest at 37.36 per cent, followed by MRPL (20.63 per cent) and
Apollo Hospitals (20.55 per cent)
Insider tradingMax Ventures Investment Holdings, the promoter of Max Financial Services, revoked 10,000 pledged shares on June 12, showed
This apart, another promoter of the company Mohair Investment and Trading Company also revoked 42,755 pledged shares on the same date
@52-week lowAmber Enterprises, Bharati Defence and Infrastructure, Gammon India and Hindustan Aeronautics were among the 62 scrips that hit
one-year low in today's trade
On the contrary, 17 securities hit 52-week high
Stocks in the oversold zoneTechnical indicator RSI (Relative Strength Index) showed IVRCL, Manpasand Beverages, KSK Energy Ventures, NALCO,
Asian Granito India, Arrow Greentech and Empee Distilleries were among the stocks that slipped into oversold territory
