Nov. 5, 2009 (The Hindu Business Line) --

Higher writing activity happened in puts. Among them, 4700 saw huge writing activity indicating that Nifty could face strong support around that level. Among the calls, 5000–strike shed open position, suggesting that it could act as a strong resistance.
Stock futures

All momentum counters saw hectic activity in Thursday’s trading. Among them, Suzlon Energy futures, which jumped 13.6 per cent, added 49.11 lakh shares in open position. It ended at 62.95 against the spot price of 62.7.

HDIL (Housing Development and Infrastructure Limited) futures saw an accumulation of 12.36 lakh shares (or 34 per cent) and closed higher at 342 against the spot close of 341.25.

The other counters that witnessed higher accumulation were DLF and IFCI.

However, Bharti Airtel, Reliance Communications, Tata Steel (OOTC:TAELF) , ICICI Bank (NYSE:IBN) , Reliance Capital and Reliance witnessed a fall in open position, indicating short covering.