MARKET SUMMARY FOR 19 JUNE 2015

Sensex extended its gain for sixth day in a row on Friday and rose 200 points to close at 27,316. The Nifty gained 50 points to 8,247.It was a day of real display of strength by the bulls for they showed the guts to build up major positions in the options as well as in futures! Not just that, they forced the bears to cover the short sold calls for strike prices of 7900 through 8100 for the June series in a big way: nearly 1.9 million units of call options for these strike prices were covered among which just 8100-strike saw a reduction of over 1.3 million units. On the put side, the bulls wrote around 5 million units for strike prices starting from 7900 through 8200. This only suggests that there would, most likely be, a serious attempt to get past the 200-day EMA at 8195 in the day’s session breaching it decisively. Equity benchmarks rallied for the sixth consecutive session Friday with the Nifty effortlessly conquering the 8200-mark, supported by banking & financials, oil and select auto stocks. Good monsoon start and upmove in global markets kept the investor mood positive.A strong trend at other Asian markets following a record closing at US markets yesterday despite the Greek stalemate helped.

A day after it surged more than 280 points, a barometer index of the Indian equities markets continued its upward trajectory and gained more than 250 points during the late-afternoon session on Friday.

TOP GAINERS AND LOSERS ARE:

TOP GAINER/LOSERS COMPANY	CHANGE %
M&M	3.0
HDFC	2.5
WIPRO	2.5
ONGC	1.6
HINDALCO	1.5
TATAMOTORS	-2.5
HIND UNILEVER	-0.5
TATA POWER	-0.4
GAIL	-0.2