Market opens flat amid negative cues
Market opens flat amid negative cues
The markets opened flat amid some negative cues from markets across the globe.

New Delhi:The markets opened flat amid some negative cues from markets across the globe.

The initial trade was extremely choppy. The news from across the border of Pakistan's former Prime Minister Benazir Bhutto's assassination has been very disturbing for the markets.

At 1002 hrs IST Sensex was trading at 20247 up 30 points and Nifty was up eight points at 6089.

On the primary market front, Transformers and Rectifier after listing at Rs 813 is hovering at Rs 690 levels.

Among the top gainers were Reliance Energy, NTPC, Tata Power, Bharti Airtel, ITC, Satyam.

Top laggards were Hindalco, BHEL, ICICI Bank,Wipro, Infosys, TCS, HDFC Bank.

The fall is seen in markets across the globe. Asian stocks are trading weak on Japan's Nikkei 225 lost 1.65 per cent or 257 points to 15,307.78. Shanghai Composite was down 0.41 per cent or 21.78 points at 5,287.11.

Hong Kong's Hang Seng dipped 1.08 per cent or 300 points at 27,543.27. Jakarta Composite was down 0.20 points or 0.01per cent to 2,739.50.

Straits Times fell 21.43 points or 0.62 per cent at 3,455.77. (Kospi) Seoul Composite was down 5.88 points or 0.31 per cent to 1,902.74. Taiwan Weighted lost 0.26 per cent or 22 points to 8,292.08.

The Dow fell 192.08, or 1.42 per cent, to 13,359.61. Broader stock indicators also fell. The Standard & Poor's 500 index declined 21.39, or 1.43 per cent, to 1,476.27, and the Nasdaq composite index fell 47.62, or 1.75 per cent, to 2,676.79.

Market cues:

  • FIIs net buy $600 million in equity on December 26.
  • January F&O starts with OI of Rs 95,407 crore versus Rs 77,353 crore in December series.
  • Lower derivative lots in select stocks from Friday.
  • NSE F&O cues

    • Marketwide rollover at 85 per cent vs 83 per cent.
    • Nifty rollover at 81 per cent vs 76 per cent.
    • Nifty Fut at 39-pt premium vs 48-pt premium at start of December series.
    • Nifty OI PCR at 1.21 vs 1.44 at the beginning of December series.
    • Nifty 5900 Put adds over six lakh shares in Open Interest.
    • (With moneycontrol.com inputs)

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