Equity Alert: Nifty Sep at par to spot; open interest rises 4%
MUMBAI--1:25PM--Nifty September futures was almost at par to the
spot,
and open interest in the contract was up nearly 4% at 34.7 mln. Trade
was
choppy in line with the trend in overseas markets, dealers said.
--Nifty was at 4032.50, down 42.00 points, or 1%
--Nifty September was at 4032.00, down 61.45 points, or 1.5%
Traders should continue to stay light as call writing at strike
prices of
4100 to 4300 indicates selling pressure at every upside, Angel Broking
said.
September contracts of Reliance Industries, ICICI Bank, State Bank
of
India, Reliance Capital and Reliance Infrastructure were most actively
traded.
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