Corona Crisis: Sensex intra-day 2155 points plunged 581 points to 28288 after hitting 38-month low of 26714

(Gujarat News Representative) Mumbai, Ta. 19 March 2020, Thursday

Stimulus packages were announced by governments and central banks of different countries in the wake of the Corona epidemic, and to save their economy in the crisis, the situation is going out of control. In global markets, yesterday, US markets dropped 2000 points to Dow Jones's international prices and crude crude oil. Brent breaks down amid price war Olarani going to its lowest in 18 years Indian stock markets initially fell Speech third biggest market in March. The central government and state governments are taking various steps to prevent the infestation on the basis of the war on the rise of positive cases in India over the Corona crisis. Prime Minister Narendra Modi addressed the nation at 8 pm on Friday night. The situation was getting serious before the fund raised the issue. General Chat Chat Lounge Of course, fund-short sellers have seen a bigger recovery than big short cover after the market's 38-month low in the initial Sensex-Nifty-based bracelet. But again, last fall, the fund's hammering saw erosion rising. The Indian rupee had lost 84 paise to a historic low of 75.10 against the US dollar today. Sensex jumped 2155 points to end the 38-month low at 26714.46, after falling offshore at 58.28 at the end of a 38-month low on banking-finance, FMCG, automobiles, capital goods-power, consumer durables stocks. Nifty spotted 28288.23, and the Nifty spot started at 636.25, breaking the 38-month low of 7832.55. Covering aphadataphadina close at 205.35 points at the close of 8263.45.

Sensex breaks down 2155 points, opening 1096 points gap down 26714

The day began with the anticipated hit today. Sensex opened higher in other Indian markets today after opening up 2000 points on the Dow Jones Index in the US stock market today, with a 1096.15 gap down 27773.36 heading against the previous close of 28869.51. The short cover, which started this fall, attracted special banking-finance stocks including HDFC Bank, Kotak Mahindra Bank and fast recovery including ITC Ltd, Power Grid Corp. Infosys, reaching a full bounce of 501.02 points at 501.02 points. Returning from the boom, the two-way major fumble broke off and finally closed at 28288.23, losing 581.28 points. Thus, the Sensex saw 7500 points volatility during the day.

Nifty started with 636 points at the bottom of 7832 at 8575 and ended 2075 points at 8753.

The NSE's Nifty spot opened at 8638.80 against the previous close of 8468.80, hitting a 38-month low of 626.25 points at 7832.55. Bajaj Auto jumped 106.65 points to reach 8575.45 at one point after overcoming the decline. The rise, which was again approaching 8200 in Kadaka and showing two-sided closure, finally closed 8263.45, breaking 205.35 points. Thus, in the Nifty today, 2500 points was traded.

Technically Nifty Short Term Trend Down: Needed to Close 10812 in Nifty Spot for Speed

Technically a trendy nifty based trend is showing below. Technically, the Nifty boom seems to require closing at Nifty spot 10812.

Nifty march futures crash to 7816 end at 8211: Bank Nifty futures crash to 18,787 at 10,960

In the derivatives today, there was talk of a fund raising big short cover in the expiry of the call-put options in the expiry. The Nifty March Futures, which opened at 8111.05 headline against 8433.70 against a working volume of Rs 33,711.10 crore in 5,51,142 contracts, rose to 1,816.45 and reached 8531 at the end. Bank Nifty March futures closed at 19,499 headings against 20,517.95 at Rs 16,416.77 crore traded in the Futures 4,14,017 contracts, falling back to the bottom 18,787.65 and finally falling to 19,960.

Big slowdown in auto industry: Ashok Leyland breaks down 25% to Rs 48: Maruti breaks Rs 527: Mahindra, Amar Raja break

With the global epidemic caused by the Corona, the automobile industry has plunged into severe major recession, as automobile crisis worsened. Ashok Leyland was down 25.25 percent, or 16.25, to Rs 48.10. Maruti Suzuki breaks down 9.85 percent, or Rs.527.25, to Rs 4826.05, Mahindra and Mahindra to Rs32.20, to Balakrishna Industries broken down by Rs69, Rs.759.40 to Amar Raja batteries and Rs36.44 to Rs. Rs 9558.30, Eicher Motors down Rs 913.25, Rs 15,045.35, Cummins India breaks down Rs 22.65, MRF drops Rs 2,189.40, Rs 57,814.80, Apollo Tire drops Rs3.20 to Rs. .72.95, Bajaj Auto was down Rs.76.60 to Rs.2167.20. The BSE auto index closed at 7,711.98, breaking 7 points.

Banking-finance stocks begin to cover the oversold position, but City Union Bank, Yes Bank, Axis Bank, State Bank break out.

Banking-finance stocks were seen to cover the oversold position after the initial crackdown. Of course, again, the fund had a big hammering in some stocks. City Union Bank broke Rs 19.30 to Rs 146.50, Yash Bank lost Rs 6.90 to Rs 53.90, Axis Bank lost Rs 44.90 to Rs 427.75, State Bank of India collapsed by Rs 10.80 to Rs 203.85, ICICI Bank to Rs 16.85. .339.15, Federal Bank fell by Rs.25 to Rs. 522.20, IndusInd Bank declined by Rs.14 to Rs.443.85. While Kotak Mahindra Bank increased by Rs 34.75 to Rs.1207.75, RBL Bank increased by Rs.10.25 to Rs176.80, HDFC Bank increased by Rs 16.30 to Rs894.80.

Indiabulls breaks Rs 46, breaks Rs 90: Repco home breaks Rs 32, breaks Rs 159: IDFC Bank, AU Bank, Bajaj Finance breaks down

Among other finance-banking stocks, Indiabulls Housing Finance today lost Rs 46.50 to Rs 90.25, Repco Home Finance was down Rs 31.90, IDFC First Bank was down Rs3.20, Rs. 20.65, Care rating was reduced to Rs. 42.15. Bank fell Rs 23.60 to Rs 200.55, Bajaj Finance collapsed to Rs.33.50.50, DCB Bank collapsed to Rs.30.30, Mahindra Finance collapsed by Rs.30, Rs.119.40, GIC revs down to Rs. 11.45 and Ad103.45 to Rs. Rs.4.65 down to Rs.44.30.30, MCX Rs. 96.55 breaks down to Rs 941.70, IDFC Ltd. down Rs.1.70, Bajaj Finserv down Rs.522.85, L&T Finance holding down Rs4.65 to Rs58.20, AB Capital down to Rs345.80, Rs. Rs.6.35 down to Rs 91.35, Ujjivan declined Rs.12.60 to Rs 183.80, PNB Housing Finance declined by Rs.1220 to Rs. General Chat Chat Lounge

ITC dividend payout stops slowing: Heritage, EID, Britannia, Hind Uni, Uttam, KRBL broken

Shortcovering the downturn, short cover rose to Rs 1,606 amid reports that the company had raised dividend payouts in ITCs in FMCG shares today. Among other FMCG stocks, Heritage Food broke down by Rs 48.75 to Rs201.55, EID perry fell by Rs.115.85 to Rs114.35, KRBL to Rs19.90, to Rs. 163.20, to Avadh Sugar from Rs. .49.10, Tasty Bite dropped Rs.846.65 to Rs.8886.40, CCL dropped to Rs.115.45, Britannia dropped by Rs.1184.05 to Rs2315.55, Advanced Enzyme to Rs8.35 and Rs.109.65 to Balrampur. , ATFL down Rs 23.30 to Rs 425.90, Hindustan Unilever down Rs 90.70 to Rs 1836.65. Gillette dropped by Rs 175.25 to Rs 4809, while Godrej Consumer dropped Rs 34.35 to Rs 483.25.

Global Crisis Breaks BEL, Finolex, HEG, Bharat Forge, Graphite, Larson, Thermax, Havels, Grindwell, NBCC

Capital goods-power stocks were hit hard in the midst of a major recession in India amid the global depression. BEL lost Rs 9.60 to Rs 64.75, Phenollex cables to Rs 29.70, to break Rs 207.20, HEG to Rs 74.50 to Rs.542.35, Bharat Forge to Rs. 41.50 to Rs. 304.85, Graphite India to Rs. 14.30 to Rs. .1.65 down to Rs.15.50, Larsen & Toubro down 60.80 to Rs.843.25, Thermex to Rs. 48.20 to Rs.690.75, Kalpatru Power to Rs. 10.75 to Rs. 207.15, Grindwell to Rs. Adani Power down Rs 227.4, KEC Rs 21.35 to Rs 228.40, CESC to Rs 22.60. Of .1.15 to Rs 27, Tata Power's Rs 1 to Rs .34.20.

Consumer Durables Continuous Marks in Shares: VIP, Symphony, Blue Star, Voltas, Crompton, Titan, TTK Prestige Broken

Consumer durables stocks were also bullish today. VIP Industries collapsed by Rs. 38.65 to Rs. 226.70, Symphony dropped by Rs. 96.45 to Rs. 950.55. Blue Star was reduced by Rs. 58.30 to Rs. 579.80, Voltas by Rs. 28.80 and Rs. 30.60 down to Rs.899.80, Whirlpool down Rs.5720 to Rs 1852.05, TTK Prestige down Rs132.20 to Rs.4603.90.

Rupee break 84 paise against dollar at historic low of 75.10: MindTree, NIIT, Oracle

The rupee had lost 84 paise against the US dollar today to a historic low of 75.10. MindTree fell Rs 85.80 to Rs 721.25, NIIT Technology down Rs 85.40, Oracle Finserve down Rs 141.25 to Rs 1774.05, HCL Technology down Rs 24.44.8 to Rs 24.44.80, while IT-software services stocks dropped by Rs 85.80. While Tech Mahindra declined by Rs 48.85 to Rs 530.45, TCS declined by Rs 14.85 to Rs 1636.10.

Big Emergency Fuel: Small, Mid Cap stocks hit: 1866 stocks negative off: 422 stocks recession circuit

Sensex-Nifty after recovery from short cover after the opening bounce today, investors have become more susceptible to selling small, mid cap, cash stocks, funds and sports. Market breadth was consistently bad. Of the 2561 scrips traded in the BSE, the increase was only 549 and the decrease was 1866. The only circuit with a downward circuit of 422 stocks was against the only circuit of 689 stocks.

Investors' wealth plummets to Rs 3.77 lakh crore in just one day: market cap plummets to Rs109.76 lakh crore

After the initial crackdown in Indian stock markets today, the accumulated market capitalization of the listed companies in the BSE, which was Rs 3.77 lakh crore, was washed away to Rs 109.76 lakh crore in a single day. That was Rs112.53 lakh crore yesterday. In comparison to the Rs.160.57 lakh crore as of the last 17th January, 2020, Rs.50.81 lakh crore has been washed in 42 days so far.