FDI dips 38% to $1.09 billion in July
NTPC to invest Rs41,000 cr in 4 projects in MP, Chhattisgarh
IIFCL, LIC, IDFC sign MoU on takeout financing
Alfa Laval India to consider delisting today
Wisdomtree Trust buys 8.78 lakh shares of Uflex
Wisdomtree Trust buys 30 lakh shares of HDIL
ONGC's Rs 12000 cr FPO put on hold: FinMin
SRS ends 44% lower on Day 1
Jet Airways raises airfares
Axis Bank approves Enam deal; to get $57 mn from unit
BGR Energy lowest bidder in $761 mn contract
India's GVK in $1.2b coal deal with Hancock
Nifty View-The Options data is skewed in favour of bearish bias with higher increase in open interest of Put Options. The put call ratio of the Index Options decreased marginally to 1.09 (previous day 1.13).
Avoid long positions in Nifty.One can consider going short when Nifty Future trades below 5040 with stop loss of 5090. The fall will accelerate when Nifty Future trades below 5000. On the down side, it will find support at 4950. Consider long only above 5110 with a SL of friday's closing.
