Apr 25, 10:01 AM (IST)
Nifty Rollovers near 58.06% versus 3-month Average of 54.81%

Marketwide rollovers were at 66.32 percent against the 3-month average of 68.35 percent, ICICI Securities said, adding highest rollover was seen in Vodafone Idea, Adani Enterprises, Century Textiles, Kaveri Seeds and Glenmark Pharma.

All futures & options contracts will expire today and traders will roll over their positions to next month.

Rollover activity was relatively low in Nestle India, Bhel, Indiabulls Housing Finance, NIIT Technologies and DLF, the brokerage said.

Rollover activity in the Nifty improved significantly on the back of significant fresh additions in the next series. In the last session, the April series shed almost 2 million shares versus addition of more than 4.2 million shares in May series. The current Nifty open interest of almost 9.1 million shares is relatively low compared to the open interest seen in the last series near settlement.

Apr 25, 09:56 AM (IST)
Oriental Hotels Shares Gain

Shares of Oriental Hotels added more than 2 percent intraday after the hotelier announced plans to raise funds via Non-Convertible Debentures or other debt securities on a private placement basis for FY20.

The company in its BSE release said that the board will take the decision on the same on April 25.

The share touched its 52-week high of Rs 57.50 and 52-week low of Rs 33.65 on 25 April 2018 and 1 October 2018, respectively.

Apr 25, 09:53 AM (IST)
Titan Company Hits All-Time High

Titan Company hit a record high and crossed Rs 1 lakh crore in market cap.

Apr 25, 09:52 AM (IST)
Market Update

Benchmark indices continued to consolidate in morning with the Sensex falling 5.47 points to 39,049.21. The Nifty50 gained 10.40 points at 11,736.60.

But the broader markets outperformed frontliners as the Nifty Midcap and Smallcap indices added half a percent amid positive breadth.

About two shares advanced for every share rising falling on the BSE.

Apr 25, 09:19 AM (IST)
Market Opening:

Benchmark indices opened flat after a big move seen in previous session.

The 30-share BSE Sensex gained 25.62 points at 39,080.30 and the Nifty50 rose 0.70 points to 11,726.90.

UltraTech Cement, Grasim Industries, Power Grid, HDFC Bank and HCL Technologies were gainers in early trade.

Apr 25, 09:15 AM (IST)
Crude Update:

Oil prices fell on Thursday as record US output and rising crude stockpiles dampened the impact on markets of tighter US sanctions on Iran and producer club OPEC’s continued curbs on supply.

Brent crude futures were at $74.35 per barrel, down 22 cents, or 0.3 percent, from their last close.

US West Texas Intermediate (WTI) crude futures were at $65.60 per barrel, down 29 cents, or 0.4 percent, from their previous settlement. (Source: Reuters)

source: moneycontrol.com