Market PreSession 17 Feb: Market May Open Higher

        The Sensex and the Nifty, the benchmark indices of the Bombay Stock Exchange and the National Stock Exchange, are expected to open positive on back of strong global cues.

In Asia  Nikkei 225  at 200 Pts Up, Hangseng  at 366 pts up and SGX Nifty also at 4910 up 20 pts..

           The metal and financials counter will continue to remain in focus.

Market Internals (As on 16th February)
Markets see biggest point rise in 10 days
Nifty gains 75 pts, Sensex added 270 pts
Markets end near days high
Total turnover at Rs 78840, below 5 day average
Advance decline ratio at 7:5 on NSE
All sectoral indices end in green
Metal, Auto and IT index gain over 1.5%
Nalco, Hindalco up 4%, Sterlite up 3%
Tata Motors, M&M boost Auto pack
TCS, Infosys up 2% help IT index rise
Smallcap gains 0.5%, Midcap up 0.7%
Broader markets underperform Sensex
Only 3 stocks on Sensex end in red
Infosys, ICICI Bank, RIL contribute 80 pts to Sensex
India VIX at 29.68% vs 28.73%
Nifty Feb Futures ended at 9 pts premium vs 6 pts discount
Nifty Put Call Ratio at 1.09 vs 1.02 on previous day