Nifty contiues in the bear grip for the third continous day. At the opening bell Nifty was trading around 20+ points down. Some buying seen in banking and telecom sectors in the morning has give some support in the first half od the trading day. But it was offset by heavy selling in construction and energy stocks including Reliance. Nifty has slipped below the 5000 mark and closed 75 points (1.48%) down at 4988.
- HCLTech(2.21%), HindUnilever(1.96%), M&M(1.83%),ITC(1.68%) and Cairn(1.64%) were the top gainers among the Nifty stocks
- JPAsso(6.64%), Unitech(5.64%),DLF(4.63%), Ranbaxy(4.09%) and LT(3.83%) were the top losers among the Nifty pack
- Construction was the worst hit sector yesterday
- India VIX has reduced to 25.49
- Index options PCR is at 1.23
- Nifty Call options added 9.8 lac contracts in OI, while Put Options shed 5.25 lac contracts in OI.
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