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Rollover Report India Research Aug 26, 2011 SEBI Registration No: INB 010996539 For Private Circulation Only 1 NIFTY & PCR Graph Indices Change INDEX Price Price Change (%) Rollover (%) 3 month avg. (%) NIFTY 4839.60 (11.81) 70.88 66.08 BANKNIFTY 9177.25 (15.25) 63.92 70.29 MINIFTY 4839.60 (11.81) 70.10 70.66 NFTYMCAP50 2119.60 (13.15) 0.00 NA CNXIT 5096.70 (19.19) 46.85 46.78 Monthly Gainers Scrip Price Price Change (%) Open Interest Ol Change (%) CHAMBLFERT 103.40 19.19 9316000 (4.47) BATAINDIA 729.55 17.32 2012000 8.64 GMDCLTD 179.35 11.50 646000 3.86 IDEA 98.65 9.55 15580000 20.22 TVSMOTOR 53.40 8.65 5784000 (12.73) Note: Stocks which have more than 1000 contract in Futures OI. Sector-wise Open Interest and Rollover Monthly Losers Scrip Price Price Change (%) Open Interest Ol Change (%) KSOILS 10.00 (46.09) 35120000 15.98 IVRCLINFRA 35.00 (44.79) 19096000 32.83 BFUTILITIE 435.50 (41.20) 308500 (2.83) EDUCOMP 203.80 (40.76) 4735000 (24.34) GTOFFSHORE 132.90 (40.04) 2049000 (12.85) Note: Stocks which have more than 1000 contract in Futures OI. Last we saw market closing below yesterday’s closing of 4839.60 was on 11-Feb-2010. August series has clearly witnessed significant shorting pressure which is reflected in rollovers in index futures. NIFTY (70.88%) has seen rollover which is inline with last months in percentage but unlike then this time it has added substantial open interest indicates short rollovers have taken place. BANKNIFTY (63.92%) despite lower rollover in percentage have added huge open interest thus clearly depicting rolling over of significant short positions. On options front, 4800 put has highest OI in puts but high IV of 26.36% suggests that not all of the built-up is writing and hence this level which did act as strong support in August series may be continuously challenged and probably breached for time being in September series. FIIs continue to sell in cash markets along with shorting in index futures. Quantum of short positions in system are more due to these strong hands formed shorts from higher levels so don’t expect massive short covering but we believe in this series markets may not fall substantially.

Rollover report aug sep 2011

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Indian Equity Market closed extermly weak on Friday. The Market appears to going on lower top lower bottom trend, FII's the Market sterioid getting out.

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Page 1: Rollover report aug sep 2011

Rollover ReportIndia Research

Aug 26, 2011

SEBI Registration No: INB 010996539 For Private Circulation Only 1

NIFTY & PCR Graph

Indices Change

INDEX Price

Price Change

(%) Rollover

(%) 3 month avg. (%)

NIFTY 4839.60 (11.81) 70.88 66.08

BANKNIFTY 9177.25 (15.25) 63.92 70.29

MINIFTY 4839.60 (11.81) 70.10 70.66

NFTYMCAP50 2119.60 (13.15) 0.00 NA

CNXIT 5096.70 (19.19) 46.85 46.78

Monthly Gainers

Scrip Price

Price Change

(%) Open

Interest

Ol Change

(%)

CHAMBLFERT 103.40 19.19 9316000 (4.47)

BATAINDIA 729.55 17.32 2012000 8.64

GMDCLTD 179.35 11.50 646000 3.86

IDEA 98.65 9.55 15580000 20.22

TVSMOTOR 53.40 8.65 5784000 (12.73)

Note: Stocks which have more than 1000 contract in Futures OI.

Sector-wise Open Interest and Rollover

Monthly Losers

Scrip Price

Price Change

(%) Open

Interest

Ol Change

(%)

KSOILS 10.00 (46.09) 35120000 15.98

IVRCLINFRA 35.00 (44.79) 19096000 32.83

BFUTILITIE 435.50 (41.20) 308500 (2.83)

EDUCOMP 203.80 (40.76) 4735000 (24.34)

GTOFFSHORE 132.90 (40.04) 2049000 (12.85)

Note: Stocks which have more than 1000 contract in Futures OI.

Last we saw market closing below yesterday’s closing of 4839.60 was on 11-Feb-2010. August series has clearly witnessed significant shorting pressure which is reflected in rollovers in index futures. NIFTY (70.88%) has seen rollover which is inline with last months in percentage but unlike then this time it has added substantial open interest indicates short rollovers have taken place. BANKNIFTY (63.92%) despite lower rollover in percentage have added huge open interest thus clearly depicting rolling over of significant short positions.

On options front, 4800 put has highest OI in puts but high IV of 26.36% suggests that not all of the built-up is writing and hence this level which did act as strong support in August series may be continuously challenged and probably breached for time being in September series.

FIIs continue to sell in cash markets along with shorting in index futures. Quantum of short positions in system are more due to these strong hands formed shorts from higher levels so don’t expect massive short covering but we believe in this series markets may not fall substantially.

Page 2: Rollover report aug sep 2011

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Banking and Financials

Unlike last month AXISBANK (82.36%) has seen high rollovers and significant addition of short positions. Counter if corrects to its strong support zone of 900-920 then its must buy for investors.

IDFC (81.99%) too has witnessed high rolls and pilling up of short positions. After filling gap between 99-104 levels there can be a short covering bounce in the counter.

Most of the mid-cap banks have reduced substantial open interest in last series viz. IOB (74.43%), DENABANK (84.92%), VIJAYABANK (81.30%), ANDHRABANK (73.89%), CENTRALBK (83.49%).

Oil and Gas

Metal & Mining

JSWSTEEL (95.27%) has seen highest rollover in this sector with significant addition of short positions as it corrected around 21% in last series. We don’t expect much of short covering here; avoid positional long positions in it.

TATASTEEL (80.75%) to our disbelief has also corrected with addition of short positions. Support zone of 395-410 is where we may see some of these shorts getting covered.

Unlike last month SAIL (79.89%) and NATIONALUM (70.22%) have witnessed low rollover with significant decline in OI. SAIL appears to be decent buy around 95 odd levels.

In this space, HINDZINC (68.09%) witnessed very

CAIRN (92.06%) has considerable short positions and rollover is also high. Stock is trading around its support. Thus, it is advisable to be cautious while trading in the stock.

RELIANCE (85.53%) is still not showing any kind of strength till now. Avoid forming long for the time being.

ONGC (83.20%) outperformed the market and it can reach around 290 levels. The level can be used to book profit in it.

After less rollover last month GAIL (75.82%) added considerable short positions during the month. It may give further correction.

Page 3: Rollover report aug sep 2011

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Auto and Auto Ancillary

Information Technology

Consumer Goods and FMCG

Among heavy weights HCLTECH (74.71%) added lot of short positions and underperformed while INFY (79.41%) had flat OI and TCS (82.61%) corrected due to long unwinding. We don’t expect any major short covering activity in them.

ROLTA (68.31%) has seen significant decline in open interest and rollover is also less. Short positions have not been rolled over. Keep eye on it.

Least affected counter in this space was FINANTECH (90.32%) and it did see highest rollover too. 680-820 is a broad range for it. Trade accordingly with positive bias.

One of the out performers in the sector and even in the market BAJAJ-AUTO (82.94%) witnessed around average rollover and stock is still showing strength. We may see a positive move up to 1575 levels.

TATAMOTORS (89.76%) and TATAMTRDVR (89.38%) are the biggest underperformer of the sector. TATAMOTORS still has considerable short positions and rollover is also higher then average. Small bounce due to short covering can be expected.

Few stocks where rollover is high in terms of open interest are APOLLOTYRE (89.19%), ASHOKLEYLAND (82.98%) and M&M (79.19%).

In the past few trading sessions, ITC (78.72%) and HINDUNILVR (81.89%) witnessed some long formation. We believe in such a volatile market these defensives may again reach around 210 and 335 levels respectively.

Long positions are still standing in TITAN (82.32%) though the stock witnessed considerable unwinding during the month. I don’t expect major correction till the stock is holding 193 levels.

Stocks where rollover is high are RUCHISOYA (97.96%), PANTALOONR (95.06%) and KSOILS (81.62%).

Page 4: Rollover report aug sep 2011

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Scrip Price

Price Change

(%) OI Futures

OI Change

(%) COC (%) PCR-OI Rollover

Average Rollover (3month)

AUTO & AUTO ANCILLARIES

APOLLOTYRE 55.65 (26.19) 8624000 (35.06) 4.68 0.11 89.19 73.94

ASHOKLEY 24.85 (2.17) 26936000 (19.31) (31.47) 0.14 82.98 73.74

BAJAJ-AUTO 1517.40 4.77 1299500 (0.76) 2.03 0.53 82.94 84.18

BHARATFORG 272.85 (17.36) 5064000 (1.82) 6.50 0.00 94.51 85.09

BOSCHLTD 7135.45 1.50 14375 (16.67) 6.09 0.00 73.91 72.91

ESCORTS 68.65 (31.14) 5338000 (16.02) 6.08 0.45 86.77 86.84

EXIDEIND 151.10 0.87 1648000 (35.12) 6.90 0.00 89.68 75.97

HEROMOTOCO 1902.20 4.30 2029000 (8.43) (0.08) 0.93 71.35 70.82

M&M 697.40 (2.61) 3153000 (9.37) 4.41 0.71 79.19 72.74

MARUTI 1110.80 (6.33) 2983750 (10.67) 4.74 0.71 86.28 83.23

MRF 6366.30 (10.36) 55750 (26.64) 2.65 1.33 54.04 87.44

TATAMOTORS 714.25 (24.87) 8114750 (3.93) 5.04 0.25 89.76 84.55

TATAMTRDVR 411.55 (24.56) 2251000 (2.83) 5.70 4.50 89.38 93.35

TVSMOTOR 53.40 8.65 5784000 (12.73) 4.88 0.67 92.53 77.16

BANKING & FINANACIALS

ALBK 173.70 (13.82) 2126000 (12.19) 2.10 0.16 76.25 82.11

ANDHRABANK 123.05 (10.08) 1938000 (35.44) (2.97) 0.49 73.89 79.77

AXISBANK 1019.25 (21.69) 4563750 69.23 4.25 0.35 82.36 74.64

BAJAJHLDNG 743.70 (3.65) 102000 12.09 9.75 0.00 68.14 77.41

BANKBARODA 714.25 (17.77) 1867750 34.18 1.31 0.15 66.52 80.82

BANKINDIA 307.15 (22.78) 3594500 (25.67) 5.26 0.07 72.74 71.84

CANBK 415.95 (12.84) 2668000 10.41 5.64 0.19 66.98 76.44

CENTRALBK 96.35 (18.62) 3658000 (32.11) 9.20 0.07 83.49 86.91

DCB 43.45 (23.37) 9400000 (29.05) 8.40 0.12 82.81 83.14

DENABANK 78.30 (2.97) 8724000 (37.17) 6.66 0.25 84.92 83.22

DHANBANK 72.95 NA 1478000 NA 5.72 0.00 78.08 NA

FEDERALBNK 349.50 (19.26) 1091000 90.40 2.83 0.00 61.87 71.84

HDFC 628.20 (8.74) 8061000 12.22 6.06 0.17 75.23 76.88

HDFCBANK 443.65 (8.96) 19831250 (0.29) 6.23 0.49 80.17 77.91

ICICIBANK 833.85 (18.05) 12653250 20.09 6.57 0.35 72.89 73.98

IDBI 108.10 (16.56) 18998000 0.07 (47.27) 0.28 80.91 86.75

IDFC 106.90 (17.10) 27294000 15.15 6.83 0.26 81.99 82.14

IFCI 37.75 (17.58) 87152000 1.50 (19.34) 0.19 92.21 91.15

INDIAINFO 72.80 (13.13) 5108000 (16.48) 5.73 0.00 52.94 88.95

INDIANB 194.05 (13.51) 906000 (12.63) 4.03 0.00 74.06 82.33

INDUSINDBK 234.60 (14.41) 3736000 6.71 5.11 0.00 67.08 84.09

IOB 108.55 (20.21) 1150000 (41.15) 11.05 0.17 74.43 75.32

Page 5: Rollover report aug sep 2011

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Scrip Price

Price Change

(%) OI Futures

OI Change

(%) COC (%) PCR-OI Rollover

Average Rollover (3month)

JINDALSWHL 609.60 (32.32) 550750 (10.52) 8.81 0.00 86.34 91.70

KOTAKBANK 422.95 (7.74) 4501000 4.96 4.56 0.61 77.26 79.53

KTKBANK 91.90 (20.64) 4888000 (17.38) 6.81 0.06 92.64 88.14

LICHSGFIN 205.70 (2.93) 14153000 (20.94) (3.80) 0.32 83.76 81.67

ORIENTBANK 307.60 (13.19) 1004000 2.45 (17.97) 0.11 56.87 72.24

PFC 136.70 (26.53) 9697000 10.80 (1.91) 0.18 89.07 62.98

PNB 960.80 (12.68) 4480500 19.30 (14.38) 0.61 78.37 83.55

RECLTD 175.05 (17.16) 5728000 (38.79) (26.51) 0.12 80.95 76.71

RELCAPITAL 391.25 (31.75) 4908000 8.13 (12.66) 0.26 89.15 86.54

SBIN 1959.75 (16.84) 6019250 37.05 5.06 0.31 80.26 78.77

SOUTHBANK 20.25 (13.83) 3393000 (15.09) 7.72 0.01 68.70 NA

SREINFRA 37.25 (22.96) 6248000 (13.89) 7.00 1.67 94.49 85.27

SRTRANSFIN 592.10 (11.10) 1285500 (25.97) 2.82 0.00 90.24 80.98

SYNDIBANK 93.35 (20.08) 2332000 (17.30) 2.79 0.42 80.36 82.21

UCOBANK 66.40 (22.02) 14388000 (21.07) 7.85 0.19 88.34 89.21

UNIONBANK 244.10 (15.08) 2704000 (2.91) (9.61) 0.00 64.13 72.41

VIJAYABANK 56.30 (11.27) 9068000 (35.69) (4.63) 0.20 81.30 82.39

YESBANK 267.35 (13.88) 4938000 (6.10) 5.46 0.24 87.69 81.20

CAPITAL GOODS

ABB 814.85 (5.63) 685000 9.42 (9.85) 0.00 81.53 81.87 APIL 519.65 (9.60) 581500 (28.34) 6.82 0.81 85.90 85.52 AREVAT&D 211.65 (14.83) 770000 1.05 0.49 0.00 83.38 84.12 BEL 1563.25 (10.03) 51875 4.80 5.67 0.00 73.98 77.37 BEML 446.45 (18.30) 279500 (34.39) 6.31 0.00 78.18 85.55 BGRENERGY 308.80 (24.27) 1336500 (16.94) (26.68) 0.30 88.70 89.11 BHEL 1749.25 (5.33) 2877250 (19.04) 4.35 0.29 83.38 85.13 CROMPGREAV 136.75 (20.82) 7605000 (30.28) 4.96 0.06 82.20 66.67 CUMMINSIND 591.50 (9.62) 251500 (23.56) 0.26 0.00 78.33 82.44 HAVELLS 325.90 (10.11) 682000 (29.40) 7.68 0.00 74.49 80.07 LT 1546.50 (11.13) 5333750 18.15 4.35 0.29 85.23 78.03 PRAJIND 69.20 (20.51) 8056000 (26.01) 7.54 0.07 83.61 83.97 SIEMENS 871.60 (5.56) 486750 (32.79) 6.10 0.83 76.58 68.65 VOLTAS 112.45 (20.59) 4454000 (9.91) 4.17 0.15 72.16 82.83

CEMENT

ACC 1014.75 (0.72) 1374500 15.58 4.11 1.08 78.25 76.81 AMBUJACEM 136.40 2.40 12472000 (5.84) (2.68) 0.97 81.80 84.52 GRASIM 2162.25 (2.02) 430875 (10.98) (3.16) 0.07 83.20 77.92 INDIACEM 64.70 (8.94) 5088000 (16.81) 6.45 0.10 81.21 91.42 ULTRACEMCO 1068.20 4.11 529500 (36.70) 2.88 0.00 86.07 75.46 ACC 1014.75 (0.72) 1374500 15.58 4.11 1.08 78.25 76.81

Page 6: Rollover report aug sep 2011

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Scrip Price

Price Change

(%) OI Futures

OI Change

(%) COC (%) PCR-OI Rollover

Average Rollover (3month)

CHEMICAL & FERTILIZERS

CHAMBLFERT 103.40 19.19 9316000 (4.47) 3.53 0.53 43.80 77.26

GUJFLUORO 484.80 NA 287000 NA 6.45 0.00 94.60 NA

NAGARFERT 26.35 (17.53) 9632000 (45.55) 3.96 0.09 64.53 85.29

TATACHEM 342.10 (5.65) 668000 (26.83) 5.03 0.46 68.41 85.48

UNIPHOS 134.15 (17.50) 6010000 (12.13) 7.00 0.30 88.12 82.08

CONSUMER GOODS & FMCG

ASIANPAINT 3264.80 4.61 175125 (38.93) 5.24 0.00 88.01 75.32

COLPAL 966.15 (1.43) 213250 (35.13) 1.62 0.00 68.35 80.57

HINDUNILVR 320.30 (0.79) 18038000 (7.39) 4.56 0.81 81.89 82.78

ITC 202.35 (1.89) 21550000 (4.58) 6.96 0.47 78.72 74.33

JUBLFOOD 937.50 8.58 404500 97.32 (2.00) 0.52 77.87 NA

KSOILS 10.00 (46.09) 35120000 15.98 5.21 0.20 81.62 85.93

MCDOWELL-N 902.90 (11.29) 1011250 (16.72) 6.53 0.00 83.19 88.15

MCLEODRUSS 233.55 (13.99) 6559000 (2.21) 6.70 0.00 96.74 95.10

RUCHISOYA 102.40 4.54 23668000 0.83 (2.55) 1.18 97.96 95.97

TATAGLOBAL 92.15 (14.68) 9316000 (21.50) 8.49 0.18 81.97 91.48

TITAN 206.10 (9.59) 12482500 (21.33) (2.02) 0.33 82.32 77.15

TTKPRESTIG 2559.25 (14.83) 68250 14.95 1.59 0.25 82.78 NA

HOTEL

HOTELEELA 38.40 (16.61) 4272000 (7.45) 6.79 2.40 90.45 84.33 INDHOTEL 72.95 (2.99) 8628000 0.98 8.58 0.20 89.29 92.40

INFRASTRUCTURES

GMRINFRA 26.40 (12.15) 41360000 (20.14) 7.90 0.13 88.84 90.76 GVKPIL 16.50 (8.84) 52440000 (24.25) 12.64 0.15 87.81 88.04 HCC 27.45 (11.02) 29608000 (30.28) (1.90) 0.07 90.79 89.22 IRB 146.75 (13.55) 3236000 (21.38) 5.33 0.58 87.27 80.47 IVRCLINFRA 35.00 (44.79) 19096000 32.83 (7.45) 0.09 78.55 85.74 JPASSOCIAT 59.30 (14.68) 51508000 (26.30) 0.88 0.19 85.52 85.59 LITL 15.75 (13.46) 60448000 (18.09) 9.93 0.19 82.48 87.62 MUNDRAPORT 140.40 (9.39) 4310000 (13.70) 5.20 0.00 80.32 81.26 NCC 53.20 (27.47) 4240000 (12.83) 8.82 0.64 86.42 82.20 PATELENG 95.55 (29.20) 3110000 (20.30) 8.19 0.05 77.11 87.73 PUNJLLOYD 54.55 (23.92) 23960000 (8.55) 6.69 0.10 76.94 87.48 RELINFRA 448.25 (17.50) 5712500 (23.21) (10.59) 0.25 83.73 88.24

INFORMATION TECHNOLOGY

3IINFOTECH 26.10 (35.95) 11616000 (14.64) 9.99 0.10 84.50 90.39

Page 7: Rollover report aug sep 2011

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Scrip Price

Price Change

(%) OI Futures

OI Change

(%) COC (%) PCR-OI Rollover

Average Rollover (3month)

COREPROTEC 314.60 4.38 5539000 71.43 (35.30) 0.00 19.05 78.77

EDUCOMP 203.80 (40.76) 4735000 (24.34) 3.84 0.14 88.93 87.70

FINANTECH 744.00 (8.97) 894000 (10.24) (0.28) 0.18 90.32 89.12

FSL 11.85 (32.67) 35940000 (11.63) 13.20 0.20 85.91 93.04

HCLTECH 372.35 (24.16) 3936500 26.72 5.60 0.48 74.71 81.95

HEXAWARE 71.20 (18.68) 8044000 (28.94) 4.39 0.12 89.26 86.91

INFY 2183.40 (20.64) 3609125 2.41 7.19 0.32 79.41 NA

MOSERBAER 24.25 (35.85) 6104000 (7.96) (12.90) 0.22 73.26 87.90

MPHASIS 367.25 (20.14) 1157500 (8.21) 4.26 0.31 81.43 81.18

OFSS 1745.10 (17.32) 371250 (7.85) 8.52 0.00 86.23 93.03

PATNI 266.40 (17.45) 751000 (17.92) 15.85 1.00 83.95 66.49

POLARIS 129.10 (26.54) 3720000 (14.05) (1.21) 0.14 88.55 84.93

ROLTA 98.80 (15.19) 2196000 (46.33) 6.33 0.19 68.31 81.14

STRTECH 37.25 (30.18) 3736000 (35.76) 1.40 0.00 80.73 86.96

TCS 950.40 (15.86) 6235500 (1.54) 4.99 0.49 82.61 75.48

TECHM 618.55 (21.14) 411000 (13.20) 4.47 0.00 74.94 73.65

WIPRO 328.20 (16.91) 4050500 (8.58) 5.24 0.52 77.97 74.35

LOGISTICS

ABGSHIP 343.65 (9.67) 3901000 17.96 3.49 0.00 87.08 92.62 EKC 69.80 (24.54) 3148000 (39.65) 10.46 0.00 81.58 83.21 GESHIP 226.85 (16.49) 482000 (18.31) 3.22 0.00 67.63 67.08 JETAIRWAYS 272.50 (39.91) 1544000 64.69 5.74 0.02 82.38 78.39 KFA 25.00 (28.77) 13944000 (5.37) 2.09 0.13 83.59 90.31 MLL 22.95 (37.47) 10744000 (16.89) 9.09 0.24 86.45 90.21 SCI 82.65 (20.26) 4634000 (12.07) (30.28) 0.11 90.12 91.88

MEDIA

DCHL 52.40 (25.62) 10484000 (37.16) 8.96 1.83 88.21 92.79 DISHTV 76.70 (9.98) 13936000 (25.20) 4.08 0.22 83.50 87.55 SUNTV 304.05 (10.67) 715000 (58.72) (8.75) 0.33 68.67 59.95 ZEEL 116.50 (13.74) 6818000 (28.25) 2.24 2.20 82.31 82.29

METAL & MINING

BHUSANSTL 321.85 (19.25) 686500 (27.08) (11.34) 0.33 76.69 72.38 COALINDIA 374.75 NA 3136000 NA 1.11 0.28 76.79 NA GMDCLTD 179.35 11.50 646000 3.86 (9.01) 0.67 61.30 79.19 HINDALCO 143.30 (14.68) 21934000 (2.39) (4.00) 0.39 86.61 84.11 HINDZINC 122.55 (13.64) 1604000 (18.50) 6.81 0.00 87.91 76.23

Page 8: Rollover report aug sep 2011

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Scrip Price

Price Change

(%) OI Futures

OI Change

(%) COC (%) PCR-OI Rollover

Average Rollover (3month)

JINDALSAW 115.00 (23.59) 1842000 (3.46) (0.91) 1.25 85.78 82.35 JINDALSTEL 470.40 (23.35) 5141500 10.87 3.66 0.30 79.05 82.80 JSWISPAT 14.20 (21.55) 55197000 (23.66) 3.67 0.14 90.82 88.58 JSWSTEEL 646.75 (21.06) 9559000 11.04 5.40 0.25 95.27 92.28 NATIONALUM 63.40 (16.08) 2136000 (27.74) 4.11 0.00 70.22 87.80 NMDC 217.55 (11.73) 1091000 20.15 (0.24) 0.00 73.42 81.74 SAIL 106.50 (16.60) 10194000 (33.44) 6.36 0.34 79.89 82.60 SESAGOA 217.80 (25.08) 9957000 (7.25) 5.03 0.28 86.25 85.73 STER 124.75 (23.54) 21366000 4.47 7.11 0.16 86.09 73.20 TATASTEEL 443.70 (21.97) 19079000 19.83 4.94 0.23 80.75 86.69

OIL & GAS

ABAN 366.25 (26.55) 2318500 (19.66) (10.11) 0.18 78.56 88.45 BPCL 688.90 5.27 1366000 7.56 (18.09) 0.42 73.76 80.49 CAIRN 261.75 (15.88) 15316000 7.87 7.57 0.28 92.06 93.55 ESSAROIL 85.60 (26.78) 7326000 (24.74) 7.92 0.04 84.08 89.93 GAIL 413.00 (10.03) 2124000 (17.00) 6.82 0.29 75.82 66.78 GSPL 97.05 (5.46) 5064000 (37.51) (2.15) 0.06 84.60 82.29 GTOFFSHORE 132.90 (40.04) 2049000 (12.85) 10.59 0.00 94.09 92.43 HINDOILEXP 116.80 (34.51) 3996000 (10.68) 8.04 0.01 82.93 88.64 HINDPETRO 374.85 (1.12) 4536000 (32.47) (32.13) 0.32 92.97 89.76 IGL 432.40 5.03 352000 (18.71) 7.72 0.00 80.11 70.33 IOC 308.05 (3.14) 3295000 (29.31) (24.71) 0.04 90.80 89.00 MRPL 60.60 (23.48) 5236000 (26.09) 5.16 0.20 85.26 87.70 OIL 1310.00 0.75 27500 (10.57) (4.30) 0.00 80.00 74.44 ONGC 282.30 1.84 10106000 (4.13) 0.37 0.51 83.20 80.15 PETRONET 170.90 (5.03) 5118000 (41.46) 5.49 0.27 67.45 64.40 RELIANCE 753.50 (10.01) 19086000 (14.70) 6.78 0.35 85.53 83.24 ABAN 366.25 (26.55) 2318500 (19.66) (10.11) 0.18 78.56 88.45

PHARMACEUTICAL & HEALTH CARE

AUROPHARMA 128.95 (24.83) 4732000 8.18 11.73 0.06 74.51 85.38 BIOCON 329.50 (9.40) 1290000 (23.85) 1.58 0.00 91.01 84.01 CIPLA 279.85 (9.14) 4439000 (16.32) 7.64 0.29 84.82 71.64 DABUR 107.20 0.70 4304000 (28.27) 0.97 0.75 84.94 81.71 DIVISLAB 698.85 (15.92) 1028500 (24.79) 8.28 0.29 80.60 80.73 DRREDDY 1456.05 (9.21) 981000 (15.41) 6.41 0.70 74.18 79.07 FORTIS 153.60 (8.16) 1370000 (29.38) 3.73 0.06 73.58 82.65 GLAXO 2104.70 (11.61) 17875 (32.86) 7.01 1.00 72.03 73.55 LUPIN 463.60 3.21 1620000 (17.77) 5.17 0.28 86.42 76.18 OPTOCIRCUI 267.45 (6.67) 901000 (31.59) (11.11) 0.00 86.02 78.61 ORCHIDCHEM 190.35 (14.45) 6104000 (8.07) 7.12 0.21 89.02 89.61

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Derivative Report | India Research

For Private Circulation Only SEBI Registration No: INB 010996539 9

Scrip Price

Price Change

(%) OI Futures

OI Change

(%) COC (%) PCR-OI Rollover

Average Rollover (3month)

PIRHEALTH 348.50 (8.92) 1765000 (2.67) 8.68 0.40 87.71 87.22 RANBAXY 465.05 (15.04) 2653000 27.55 3.14 0.31 78.99 67.09 SUNPHARMA 470.60 (9.40) 3329500 (0.34) (0.89) 0.54 84.89 80.05

POWER

ADANIPOWER 90.85 (19.17) 11178000 93.66 (0.57) 0.03 81.16 89.35 BFUTILITIE 435.50 (41.20) 308500 (2.83) 7.06 0.00 81.52 NA CESC 297.60 (13.65) 870000 (33.38) 3.68 0.00 85.17 83.83 JPPOWER 32.90 (24.71) 7424000 2.09 7.92 0.00 81.57 87.48 JSWENERGY 53.55 (26.24) 2168000 (4.24) 3.89 0.50 79.70 NA NEYVELILIG 81.30 (17.46) 1772000 (26.90) (22.45) 0.08 87.36 87.46 NHPC 24.00 (2.83) 50751000 (10.18) (19.55) 0.18 94.79 92.31 NTPC 170.05 (3.57) 18462000 (10.32) 1.84 0.25 89.86 86.37 POWERGRID 99.70 (5.54) 9348000 (23.78) (6.28) 0.24 74.41 72.82 PTC 69.50 (14.25) 6104000 (7.85) (14.25) 0.29 89.12 90.85 RPOWER 82.00 (27.43) 21798000 (4.13) 3.82 0.29 91.27 87.43 SUZLON 35.85 (31.71) 90928000 (3.00) 5.82 0.20 85.47 90.49 TATAPOWER 1045.85 (18.95) 1177500 8.60 5.78 0.19 81.06 73.84

REAL-ESTATE

DLF 187.10 (19.80) 21922000 (7.05) (3.07) 0.43 85.64 86.27 HDIL 100.50 (31.75) 19388000 (9.72) 5.71 0.17 87.49 84.23 IBREALEST 78.60 (22.29) 19604000 8.67 3.98 0.09 83.20 84.74 SOBHA 214.55 (17.64) 484000 (8.85) 0.73 0.00 83.06 82.82 UNITECH 26.35 (19.05) 64048000 (4.19) 1.98 0.31 80.83 84.71

SUGAR

BAJAJHIND 53.60 (22.21) 8232000 (9.62) 0.00 0.03 85.37 87.85 BALRAMCHIN 53.60 (10.07) 16092000 (3.29) 7.78 0.30 91.47 84.55 RENUKA 54.65 (22.32) 29308000 (15.67) 7.63 0.18 84.20 89.39 TRIVENI 21.25 (36.19) 2910000 (16.23) 7.36 0.00 85.70 82.73

TELECOM

BHARTIARTL 402.30 (6.62) 11987000 (20.77) 5.31 0.32 77.34 79.63 GTL 51.30 (24.56) 4987500 (12.84) 0.00 0.11 78.13 80.07 GTLINFRA 13.10 (4.73) 10320000 (43.62) (27.86) 0.05 NA 85.98 IDEA 98.65 9.55 15580000 20.22 (10.57) 0.50 75.07 81.53 MTNL 36.65 (23.08) 17424000 (14.45) 8.54 0.08 90.13 90.93

Page 10: Rollover report aug sep 2011

Derivative Report | India Research

For Private Circulation Only SEBI Registration No: INB 010996539 10

Scrip Price

Price Change

(%) OI Futures

OI Change

(%) COC (%) PCR-OI Rollover

Average Rollover (3month)

ONMOBILE 56.50 (39.60) 2828000 (14.30) 4.61 0.18 72.42 83.49 RCOM 81.00 (19.48) 27270000 (13.58) 0.64 0.28 91.14 86.94 TATACOMM 197.00 (10.74) 3361000 16.22 4.50 0.70 72.39 89.74 TTML 18.80 (15.88) 33992000 (18.88) 13.87 0.22 90.98 88.77 TULIP 146.90 (4.36) 1106000 (29.10) (9.58) 0.00 82.46 76.96

TEXTILE

ALOKTEXT 17.20 (30.65) 67100000 (14.33) (3.03) 0.20 92.94 93.65 ARVIND 76.30 (15.60) 2420000 (36.52) 2.05 0.24 77.69 NA BOMDYEING 301.25 (12.31) 647000 (40.15) 8.48 12.50 71.87 87.63 BRFL 277.85 (2.68) 2431000 37.03 (12.20) 4.20 71.37 67.51 CENTURYTEX 281.90 (18.34) 3108000 (17.52) 7.40 0.66 92.21 91.07 RAYMOND 344.45 (10.89) 1006000 (18.94) 6.66 0.00 87.77 78.26 SKUMARSYNF 44.20 (20.79) 21712000 7.83 (16.52) 0.20 94.14 88.05 WELCORP 123.85 (19.03) 6048000 5.15 7.58 0.29 89.78 89.73

MISCELLANIOUS

ABIRLANUVO 834.65 (11.73) 1037500 (16.16) 2.12 0.00 79.13 93.25 ADANIENT 531.15 (28.66) 3665500 230.23 7.17 0.09 70.92 91.01 BATAINDIA 729.55 17.32 2012000 8.64 3.57 0.88 75.00 75.31 DELTACORP 89.45 NA 3804000 NA 7.00 0.03 83.39 NA

GITANJALI 296.20 (8.74) 6321000 (25.37) 13.73 0.00 97.06 NA

GODREJIND 190.40 (13.38) 4384000 (35.05) 9.86 0.20 89.32 88.75 JISLJALEQS 176.40 0.11 2602000 (22.97) (4.73) 0.67 88.09 87.53 MAX 181.45 (0.66) 722000 21.14 2.01 6.00 74.52 65.47 PANTALOONR 274.30 (21.03) 5832000 (20.18) 7.98 0.13 95.06 94.41 SINTEX 143.55 (19.29) 3090000 (35.95) 4.36 0.19 86.08 78.28 VIDEOIND 183.45 (2.19) 5710000 (22.02) (0.28) 0.00 81.75 71.90 VIPIND 830.60 (0.84) 590000 132.74 (11.86) 0.33 75.68 0

Page 11: Rollover report aug sep 2011

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