Naughty boom again after aggressiveness: aggressive take off

Mumbai, Ta. 31 March 2020, Tuesday

As the world of Corona epidemic shook, conditions were deteriorating on a daily basis, including in the Americas, Spain, Italy, while international oil prices fell below $ 20 an 18-dollar mark in global markets yesterday as efforts to prevent falling prices from an agreement with Russia continued to fall. Rapid recovery was observed today after erosion. Despite the 21-day lockdown across the country, with clear signs of economic decline, efforts to curb oil prices by negotiating with crude oilsea and this economic turnaround led to a historic new sinking loan-NPA bank, despite the government's decision to create a bank. The fund has re-opened today with the possibility of providing new big concessions Banking-finance stocks led by e-gas stocks were short-listed with short cover and FMCG, IT-Software Services, Pharmaceuticals, Consumer Durables, Metal-Mining, Automobile stocks were short-sighted.

The US dollar against the rupee rose five paise to close at Rs 75.67 today. International crude oil prices were up 73 cents this evening at $ 23.49 a barrel and Brent crude rose 1.33 dollars to $ 21.47. Automobiles, power-capital goods, consumer durables, IT-software services, metal-mining, oil and gas stocks gained 1028.17 points at 29468.49 and Nifty spot was 316.65 points at 856.65 points.

Sensex jumps to 29000 levels again: rising to 29770 and finally jumping 1028 points to 29468

The start of the day began at the expected pace today. Indian stock markets also started trading with short cover, opening strong in Asian countries' markets today as global markets recovered from falling declines in US markets and rising crude oil prices. The Sensex opened up a gap of 29294.94 against the previous close of 28440.32, with the major short-covering Reliance Industries, ONGC, BPCL, HPCL, Gail India, among the major oil-gas stocks. Those IT-software stocks were bullish, including Tech Mahindra, HCL Technology, TCS, Infosys, and FMCG stocks today led by ITC, Hindustan Unilever, Nestlé India with large value-added funds, and Banking-Finance, Bank of India, Bank of India and Bank of India. Accommodation with Bank, Axis Bank including Short Covering and Auto Sherom Of Tata Motors, Mahindra & Mahindra and Sun Pharma stocks, UltraTech Cement, Asian Paint rose one point, including big levalie reached Sensex 29770.88. The high of 1028.17 points was closed at 29468.49.

Nifty spot ready to jump 8700 level again: up 8678, raised 217 points to 8598

Reliance Industries, led by ONGC, started aggressive rally in oil-gas stocks from the opening of 8529.35 against the NSE's Nifty spot next close at 8281.10. And Banking-Finance shares in State Bank of India, HDFC Limited Ed, HDFC Bank, ICICI Bank rose and metal-mining stocks including Hindalco, Coal India, Vedanta, Tata Steel, Teja Steel and IT stocks including Wipro, HCL Technology, Tech Mahindra, TCS, Rapid Emerging and Sun Synth, Sun Pharma, TCS. Nifty jumped higher at one stage, including Paints, Dr.Reddy's Laboratories, rising to 8678.30 and finally jumping 316.65 points to 859. 7.75 closed.

Call of Nifty 9000 jumped from 27.70 to 30.25 at 13.85: Nifty 8000 put down from 148.15 to 19.10

With the daily upheaval in the derivatives, the Nifty rose again with a big boom. Nifty 1, Nifty 9000 call of the Nifty 9000 in April Expiry fell to 30.25 at 9.40, opening at 30.20 against 27.70 in the 3,71,564 contracts, working 27.70 of Rs 25,123.48 crore. The Nifty 8500's call ended at 151.50, down 245 from the opening of 161.05 against 123.75 at a working price of Rs 20,837.32 crore in 3,21,138 contracts. The Nifty 8800's call was down 40.40 to 20.55, opening at 63.15 heading 48.15 against a working volume of Rs 20,161.79 crore in 3,03,895 contracts. The Nifty 8000 was down 19.84 at 12.30 to close at 12.30 at the opening of 80 heading against 148.15 at a function of Rs 19,420.36 crore in 3,22,560 contracts.

Nifty futures bounce up to 8,815 at 8589: Bank Nifty futures rise to 19500 at 18999

The Nifty April futures were down at 8,815 and reached 8,357 at 8,857 against an open interest of 82,993.75 crore against 8290.15 in April Future 2,91,903 contracts. Bank Nifty in April Future 2,71,543 contracts opened at 19,284.70 against 18,799.55 for a working turnover of Rs 10,402.04 crore, down from 19,500 at 18,817.65 to end at 18,999.95.

Crude Nyamax crosses 18-year-old bottom to $ 21: Reliance, ONGC rises: BPCL rises 15%

Brent crude rose 73 cents per barrel to $ 23.49 a barrel this evening, amid signs of negotiations with Russia's crude oil-producing countries to stop crude prices falling by 18 below the 18-year low of Naemax crude yesterday. $ 1.38, up $ 21.47. Oil-gas stocks also raised BPCL by Rs 41.40, up 15% to Rs.316.05, HPCL rose by Rs 22.05 to Rs.190.15, Gail India rose by Rs5.55 to Rs76.45, while Reliance Industries battled the epidemic of Corona. With the announcement that provision was made for giving Rs 500 crore in the fund and 100 bed hospitals were prepared, the stock rose by Rs 80.10 to Rs 1112.45, ONGC increased by Rs 4.85 to Rs 68.30, IOC increased by Rs 5.10 to Rs 81.65, e. Gas at the base rose by Rs 26.75 to Rs 387.30, Petronet LNG increased by Rs 9 to Rs199.85, Castrol India rose by Rs 4.70 to Rs 99.90. The BSE oil-gas index closed 10020.85, jumping 803.83 points.