Long positions seen in Financial stocks

IFCI: adds 58.4 lakh shares in OI
Dena Bank: adds 16.6 lakh shares in OI
Vijaya Bank: adds 7 lakh shares in OI
IDFC: adds 5.2 lakh shares in OI
Kotak Mah Bank: adds 2.7 lakh shares in OI




GMR Infrastructures July 2007 futures most active

The July 2007 futures settled at 4290.50, a discount of 27.80 points compared to spot closing of 4,313.75.

GMR Infrastructures July 2007 futures settled at premium, at 769.90, compared to the spot closing of Rs 765.40.

SBI July 2007 futures settled at a premium, at 1538.50, compared to the spot closing of Rs 1528.50.

IFCI July 2007 futures settled at a premium, at 1538.50, compared to the spot closing of Rs 1528.50.

Reliance Industries July 2007 futures settled at a premium, at 1699.50, compared to the spot closing of Rs 1685.30.

In the cash market, the S&P CNX Nifty declined 4.55 points to 4,313.75. It had struck an all time high of 4,362.95, on 4 June 2007.





F&O Action (2 July):

-Turnover at Rs 34,061.14 cr vs Rs 35,463.65 cr on Friday

-Top traded: GMR Infra, Rel Cap, Rel Comm, SBI, IFCI, Divi's

-Nifty futures discount at 12 points

-IFCI adds 58.4 lakh shares in OI

-Dena Bank adds 16.6 lakh shares in OI

-Vijaya Bank adds 7 lakh shares in OI

-IDFC adds 5.2 lakh shares in OI

-Kotak Mah Bank adds 2.7 lakh shares in OI

-GMR Infra adds 6.8 lakh shares in OI

-IVRCL cuts 9 thousand shares in OI

-Ansal adds 69.5 thousand shares in OI

-Punj Lloyd adds 3.9 lakh shares in OI

-Divi’s Lab adds 77 thousand shares in OI

-Nagarjuna Cons adds 7.3 lakh shares in OI

-Gujarat Alkalies adds 84 thousand shares in OI

-Bata India adds 1.73 lakh shares in OI