On Monday, markets closed at all-time high. Sensex, Nifty and CNX Midcap indices closed up. Sensex closed above 16800, ended 1.7% higher at 16846 while Nifty closed above 4900, up 1.96% at 4932.20. CNX Midcap was up 1.18% and BSE Small Cap was up 0.77%. Oil & Gas and Power stocks lead the rally and BSE Oil and Gas was up 3.3%. RIL, REL, RPL, RNRL and Reliance Infra closed at new all-time highs. Rate sensitivesed the rally. BSE Bank, realty & auto indices ended up by over 2% each. BSE IT Index was down 1.8%.

In currency market, Rupee hits new 9-year high of 39.75/$. Market turnover was at all-time high of Rs 1.06 lakh crore while Stock futures turnover was at all-time high of Rs 52,187 crore.

In derivative market, total F&O turnover was of Rs 75,928 crore vs Rs 58,327 crore yesterday. Market wide rollover was at 33.6% and Nifty rollover was at 30%. Nifty September ended at premium of 31 points, added 24.8 lakh shares in OI. Nifty October ended at a 15-point discount, added 39.4 lakh shares in OI.

F&O Rollover
S Kumars 70%, JSW Steel 57%, Aban Offshore 56%, NTPC 49%
-Satyam 49%, Tata Chem 48%, TTML 48%, Indian Hotels 48%, BoB 48%

F&O Turnover
RNRL Rs 4,297 crore, RPL Rs 3,722 crore, REL Rs 3,128 crore, IFCI Rs 3,026 crore, RIL Rs 2,412 crore

F&O Snapshot
Fresh longs in RNRL, Bongaigaon, MRPL, RPL, Petronet, RIL
Fresh longs in Oswal Chem, Nag Fert, Alok Ind, S Kumars, Century Textiles
Fresh longs in ICICI Bank, HDFC Bank, Syndicate Bk, BoB, PNB
Fresh longs in Rel Comm, Bharti, Hotel Leela, Indian Hotels
Fresh longs in REL, Tata Power, PFC, DLF, Unitech, Parsvanath
Fresh shorts in Infosys, Polaris, Satyam Comp, Patni, TCS
Fresh shorts in NIIT Tech, Escorts, Omaxe, United Phos, Suzlon

Stocks In News
RNRL says strategic partners, foreign buyers to take stake in CBM blocks
HDFC cuts rates on new home loans by 50 bps
Wipro looking to acquire 2 firms this year: Sources
NTPC replaces Dabur in the Nifty from today
Jain Irrigation bd meet on Sep 25 to mull raising long term funds
Tata Tea eyes UK’s Liberty Tea: Media reports
SBI contemplating cutting home loan rates for new customers

Buzzing Stocks
TTML up 14% on buzz of private placement
Gujarat NRE Coke up 5.5%; Australian units to merge, valued at about $ 480 million
Reliance Energy up 8%, looking at bidding for Rs 15k-20k crore of projects
KS Oils up 9%, planning to set up a 500 tpd refinery in Haldia
Uttam Galva up 10.5%, in talks to form a JV with UK-based co
Petronet LNG eyes Rs 7,500 crore of revenues from spot cargo biz in FY08