Bank Nifty Market Trend 2-June-2016

MM BANK NIFTY TREND -CONSOLIDATE

BANK NIFTY FUTURE LEVELS

SUPP 1: 16950

SUPP 2: 16550

RES 1: 17670

RES 2: 17850

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Top Companies Results

Gammon India’s board meeting re-scheduled on June 06, 2016

Gammon India has now informed that the meeting of Board of Directors of the Company which was scheduled to be held on May 31, 2016, to consider and approve the Audited Financial Results of the Company for the quarter and financial year ended March 31, 2016 stands postponed and is rescheduled to be held on June 06, 2016.

Hercules Hoists’ board meeting rescheduled on June 14, 2016

Hercules Hoists will consider the Audited financial results for the quarter / year ended March 31, 2016 and to recommend dividend, if any for the said period, in their Board Meeting to be held on June 14, 2016.

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F&O cues: Nifty 8500 Call adds 5.7 lakh shares in Open Interest

F&O cues

Nifty 8300 Call added 4.2 lakh shares in Open Interest on May 31

Nifty 8500 Call added 5.7 lakh shares in Open Interest

Nifty 8000 Put added 6 lakh shares in Open Interest

Nifty 8100 Put added 2.4 lakh shares in Open Interest

FIIs in F&O on May 31 (Provisional data from NSE)

FII net buy Rs 599 crore in Index Futures

FII net sell Rs 63 crore in Index Options

FII net sell Rs 254 crore in Stock Futures

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Indian ADRs: Tata Motors surges 12.3%, HDFC Bank, Wipro down

Indian ADRs ended mixed on Tuesday

Infosys shed 0.26 percent at USD 19.44

Wipro was down 1.31 percent at USD 12.01

ICICI Bank gained 0.14 percent at USD 7.19

HDFC Bank fell 0.74 percent at USD 64.36

Tata Motors surged 12.38 percent at USD 33.49

Dr Reddy’s Laboratories rose 1.88 percent at USD 47.16

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