Mkt trades choppy; Cap goods, IT down

The markets are trading choppy on negative bias. Selling pressure is seen in capital goods, bank, IT, oil & gas and power space. However, the midcaps and smallcaps are trading with marginal gains.
At 10.28 hrs IST, the Sensex was down 59.84 points or 0.35% at 17066.14, and the Nifty was up 5.15 points or 0.10% at 5116.85.
About 1518 shares have advanced, 1335 shares declined, and 225 shares are unchanged.
SBI, Wipro, TCS, ABB and Siemens are the top losers on the bourses.
Mkt opens strong; Bank, metal surge
The markets have opened with strong gain and trading with modest gain. Bank, Teck, metal, stocks witnessing buying interest. ICICI Bank was up 8%.
At 09.56, the Sensex was up 145.58 points or 0.85% at 17271.56, and the Nifty was up 9.15 points or 0.18% at 5120.85.
About 1482 shares have advanced, 1388 shares declined, and 208 shares are unchanged.
Reliance Petroleum, Idea Cellular, HCL Technolofies, HDFC Bank were among major gainers.
Siemens, Sun Pharma were among major losers.
US market ended mixed. The Dow gained 43 points to close at 12,892 and the Nasdaq shut 6 points lower at 2,422. The S&P 500 closed almost 9 points higher at 1,397. On Friday leading the surge among financials was Fannie Mae and Freddie Mac.
Asian markets were trading firm. Japan's Nikkei advanced 0.75% or 104.63 points at 13,968.10. Hong Kong's Hang Seng 0.70% or 177.89 points at 25,694.67. Taiwan's Taiwan Weighted rose 0.415 or 36.87 points at 8,984.70. Singapore's Straits Times was up 0.62% or 19.71 points at 3,208.91. South Korea's Seoul Composite added 0.19% or 3.40 points at 1,828.08.
Market cues:
FIIs net buy $130.4 mn in equity
MFs net buy Rs 33.1 cr in equity
NSE F&O Open Interest up by Rs 4,921 crore at Rs 5,4172 cror

F&O cues:
Stock Futures add 6.5 cr shares in Open Interest on day 1 of new series
Futures Open Interest up by Rs 2,983 crore and Options Open Interest up by Rs 1938 crore
Nifty Futures add 11.7 lakh shares in Open Interest, at 14-point premium
Nifty Open Interest Put-Call ratio at 1.40 Vs 1.39
Nifty Puts add 18.5 lakh shares in Open Interest
Nifty Calls add 12.6 lakh shares in Open Interest
Nifty 5000 Put adds 4.5 lakh shares in Open Interest
Nifty 4900 Put adds 4.4 lakh shares in Open Interest
Nifty 5000 Call adds 2.4 lakh shares in Open Interest