Mkts open with decent gap up; bank, auto stocks up

New Delhi: The markets opened with decent gap up on Wednesday taking cues from the global peers. Auto, private banks and the power stocks were looking strong in the early trade. However, the capital good stocks were also attracting decent attention. Refineries were little subdued.

At 9:56 am, Sensex was up 189 points at 19316 and Nifty was up 35.95 points at 5734. Major gainers in the early trade were BHEL, RIL, SBI, ICICI Bank, HDFC Bank, Maruti, Bajaj Auto, Hindalco, NTPC, Infosys, Tata Steel and L&T.

Asian markets were trading weak. Hong Kong's Hang Seng tumbled 0.65 per cent or 176.35 points at 27,033.86, Japan's Nikkei plunged 0.29 per cent or 43.40 points at 15,179.45, Taiwan's Taiwan Weighted was down 0.22 per cent or 18.81 points at 8,356.95, Singapore's Straits Times declined 0.12 per cent or 4.02 points at 3,368.62 and South Korea's Seoul Composite dropped 0.16 per cent or 3.05 points at 1,856.74.

Market cues:

• FIIs net buy $16.6 million in equity on November 26.
• MFs net buy Rs 252.9 crore in equity on November 26.
• NSE F&O Open Interest up by Rs 1,424 crore at Rs 1,09,960 crore.

F&O cues:

• Futures Open Interest up by Rs 1,355 crore, Options Open Interest up by Rs 69 crore.
• Nifty November Fut shed 31 lakh, December Fut add 53 lakh shares in Open Interest.
• Nifty November at 32-pt premium, December at 14-pt premium.
• Nifty Open Interest PCR at 1 vs 0.98.
• Nifty Puts add 3.5 lakh shares in Open Interest.
• Calls shed 0.8 lakh shares in Open Interest.
• Nifty 5500 Put adds 1.42 lakh shares in Open Interest.
• Nifty 5700 Call adds 1.5 lakh shares in Open Interest.
• Nifty 6000 Call sheds 1.55 lakh shares in Open Interest.

(With moneycontrol.com)