NIFTY MORNING REPORT 10.06.2017

Morning report equity

       Asian stocks rose on Friday after optimism over US tax reform plans lifted Wall Street shares to new highs. The Nifty50 futures on the Singapore Stock Exchange were trading 17.50 points higher at 9938 indicating a flat opening for the domestic market.
                                                              

	Pivot	R1	R2	S1	S2
Nifty	9906	9929	9970	9865	9841
Bank Nifty	24093	24153	24248	23998	23938
Sensex	31642	31722	31722	31512	31432

                     
                                                                                                                     

                                  DERIVATIVE STATISTICS
                       

	Turnover(cr)	NSE &BSE(Total value)(Rs. Crore)
INDEX FUTURES	12,061.10	FII	-656.5
INDEX OPTIONS	7,89,983.57	DII	519.03
STOCK FUTURES	37,033.55
STOCK OPTIONS	22,438.91	Put Call Ratio 0.84

Market Volume (in Rs Crore)
NSE CASH	25,106.21
NSE F&O	861,517.14

Major news

 Fresh selling in the last hour of trade dragged frontline indices lower and led to the market ending on a subdued note. Nifty snapped the four-day gaining streak to close below 9900-mark.

 NTPC, Coal India, Aurobindo Pharma and Ambuja Cements were the top gainers, while ICICI Bank, Hero MotoCorp, Tech Mahindra and Bharti Infratel lost the most.

 Drug firm Zydus Cadila today said it has received final approval from the US health regulator to market capsules used in treating overactive bladder with symptoms such as urinary frequency.

 The company has received approval from the US Food and Drug Administration (USFDA) to market the fesoterodine fumarate extended release capsules in strengths of 4 mg and 8 mg, it said in a BSE filing.