Mkts open strong; power, cap goods stocks

New Delhi: The markets opened in green with heavy gains on the back of buying interest witnessed across the sectors.

Cues from the global markets were also favourable. At 9:56 am, Sensex was up 318 points at 18,844 and Nifty was up 103 points at 5623. Major gainers in the early trade were NTPC, BHEL, L&T, Power, Maruti, ACC, PNB, SBI, ICICI bank, Infosys, Wipro and Siemens.

Asian markets were trading mixed. Hong Kong's Hang Seng surged 2.47 per cent or 642.53 points at 26,647.45, Singapore's Straits Times was up 0.58 per cent or 19.26 points at 3,332.14, However, Taiwan's Taiwan Weighted was down 0.16 per cent or 13.71 points at 8,485.66 and South Korea's Seoul Composite declined 1.05 per cent or 18.84 points at 1,780.18.

Market cues:

FIIs net sell $ 550.9 million in equity on November 21.
MFs net sell Rs 151 crore in equity on November 21.
• NSE F&O Open Interest down by Rs 200 crore at Rs 1,05,611 crore.

F&O cues:

• Futures Open Interest down by Rs 506 crore, Options Open Interest up by Rs 306 crore.
• Nifty November futures shed 8.8 lakh, December futures add 12.4 lakh shares in Open Interest.
• Nifty Open Interest PCR at 0.94 vs 0.97.
• Nifty Puts Open Interest unchanged, Calls add 5 lakh shares in Open Interest.
• Nifty 5500 Put sheds 1.6 lakh shares in Open Interest.
• Nifty 5600 Call adds 3.17 lakh shares in Open Interest.
• Stock futures shed 3.3 cr shares in Open Interest.

(With moneycontrol.com inputs)