Key indices marginally close in red

Profit booking, coupled with a weak rupee and outflow of foreign funds, pulled the Indian equity markets lower on Wednesday.

The key indices provisionally closed flat — marginally in the red — as heavy selling pressure was witnessed in IT, FMCG and capital goods stocks.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched down by 21.10 points or 0.26 per cent to 8,061.30 points.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 26,368.88 points, provisionally closed at 26,242.38 points (at 3.30 p.m.) — down 65.60 points or 0.25 per cent from the previous close at 26,307.98 points.

The Sensex touched a high of 26,396 points and a low of 26,213.51 points during the intra-day trade. The BSE market breadth was tilted in favour of the bears — with 1,387 declines and 1,201 advances. On Tuesday, the benchmark indices had crashed to their lowest level for the last two weeks on the back of weak global cues.

The barometer index had closed lower by 66.72 points or 0.25 per cent, while the NSE Nifty slipped by 21.95 points or 0.27 per cent.

Traded Value (Rs. In Crores)    14048.65
Traded Quantity (in Lakhs)    7127.33
Number of Trades    6691113
Total Market Capitalisation (Rs. Crores)    10349870

ADVANCES    693
DECLINES    904
UNCHANGED    78

In the cash segment FIIs were net sellers to the tune of Rs 1178 crores and DIIs net buyers to the tune of  Rs 1058 crores.

Today FIIs bought net 643 contracts of index futures, sold net 13951 contracts of index calls and bought net 12077 contracts of index puts

Now FIIs are holding net long 50363 contracts of index futures, net short 34918 contracts of index calls and net long 353907 contracts of index puts.

Retailers sold net 1693 contracts of index futures,  bought net 22222 contracts of index calls and sold net 3675 contracts of index puts

Pros bought net 1800 contracts of index futures, sold 8271  net  contracts of index calls and sold net 8403 contracts of index puts.

FII positions in Index puts, futures and calls.

Nifty Put Call Ratio (PCR) data shows support at 8000 and resistance at 8100