Banking stocks tumble at the start of the new year


Mumbai, Ta-01 Apr 2020, Wednesday

The new financial year 20202-21 begins today with Kadaka in the Indian stock markets. The corona epidemic is shaking the world, with the number of positive cases of Corona increasing daily and the Reserve Bank of India announcing further measures to support the financial crisis stemming from this epidemic, yet again in Indian stock markets.

One day, the other day, the fund started kamoka sports and again, the fund has again started hammering with banking-finance stocks, FMCG, IT-software services, oil-gas stocks. Against reports of foreign funds-FPIs' unprecedented sell-off in Indian stock markets, only a short cover in futures was seen yesterday after a large foreign fund raising huge sales behind the Kotak Mahindra Bank and launching a sell-off of the fundraising reports in markets around the world. Were lying.

In addition, automobile companies' sales figures for the month of March 2020 were expected to decline, with auto-emerging auto stocks selling in the US, Europe, IT-software services, FMCG, oil-gas, consumer durables shares, Sensex 285.35.35.35.35.35.35.38.33.35.38.33.35.85 and 825 General Chat Chat Lounge The stock markets will close on tomorrow, April 2, 2020, on the ninth anniversary of Ram.

Sensex ready to lose 28000: lost 1203 points at the bottom of 28073 at 28265

The day started with the precaution expected today. The Sensex next closed at 29,468.49, opening at 29,505.33 headlines, including Bajaj Auto, Hero MotoCorp, Bajaj Finance, Titan Company, against a showing of moderate strength. , HDFC Bank, HDFC Limited, IndusInd Bank with IT-Software Services Shares With Mahindra, TCS, Infosys, HCL technology hammering and poor sales of automotive vehicles, Tata Motors, Mahindra and Mahindra, along with Maruti Suzuki, offloading and Reliance Industries, UltraTeasySynton, NTroSynth, Until Sellers including India broke one point down to 28073.43 Su To close at 1203.18 points at the end of the third closed at 28,265.31.

Nifty spot lost again on intra-day 8200 level: 8198 at low, 344 points broken at 8253

NSE's Nifty spot opened at 8584.10 against the next closing 8597.75, opening 8588 in banking-finance stocks. Tech Mahindra, TCS, HCL Technology, FMCG shares with Infosys ITC, Hindustan Sales of non-Unilever, Nestlé India, Britannia, and offloading including Reliance Industries, Larsen & Toubro, UPL, Mr. Cement, Bharti Airtel, BPCL, and Maruti Suzuki, Mahruti Suhruti Mahinda, Mahindra, Mahinda Losing 8200 surface to 8198.35, losing 343.95 points and closing at 8253.80.

Bank Nifty breaks from April 19,135 to 18,123: Nifty futures down from 8620 to 8260

Nifty based in derivatives today, the fund's bearish trades were hit. Bank Nifty April futures closed at 18,996.05, up 18,996.05 from 19,135.50 against a working turnover of Rs 8,846.68 crore in 2,41,478 contracts, to end at 18,962.65. The Nifty April Futures closed at 8569 heading up to 8,851 and closed at 8,181 against 8,201 against 8620.95 at a function of Rs 16,153.49 crore in 2,58,919 contracts.

Foreign funds hammering banking stocks: Banks index breaks 1170 points: Kotak Bank breaks Rs114 to 1182

Banking-finance stocks were hit by a foreign fund today over big offloading. The BSE Banks index closed 1170.47 points, or 20879.55. Shares fell by Rs114.25 to Rs1182.10 in the wake of a massive sell-off of a foreign fund in Kotak Mahindra Bank today. Among other stocks, City Union Bank fell Rs 9.65 to Rs 1,120, Axis Bank fell Rs 20.85 to Rs 358.45, State Bank of India down Rs 10.35 to Rs 186.60, ICICI Bank to Rs 13.05 and Rs.311.45 to HDFC Bank. RBL Bank declined by Rs.4.30 to Rs.131.35, while Inside Bank declined by Rs.8.85 to Rs342.40.

MCX breaks down to Rs.107, breaks down to Rs.1023: Chaula Finn, Shriram Transport Fi, PNB, Motilal Oswal, Crisil

Finance stocks were also widely sold today. MCX down Rs.107.45 to Rs 1023.05, Chaula Finn down Rs 9.65 to Rs 143.30, Shriram Transport Finance down Rs 41.35 to Rs 621.65, Repco Home to Rs 5.70, to Rs111.65, Motilal Oswal to Rs23.15. Bonding Bank dropped Rs 8.80 to Rs 194.85, AU Bank dropped by Rs 19.40 to Rs 489.45, Crisil dropped by Rs 43 to Rs1212, RBL Bank dropped Rs4.30 to Rs131.35, HDFC Ltd. dropped Rs46.05 to Rs.1584.40, HDF to Rs. Life reduced by Rs 11.95 to Rs.429.65, Equitas dropped by Rs.10.10 to Rs41.50, Bajaj Finserve dropped by Rs 90.45. Rs .4499, JM Financial .1.30 per cent at Rs .63.05.

US $ 75.67 against rupee fixed: IT stocks tumble: Tech Mahindra, MindTree, TCS, Infosys broke

The US dollar was steady at 75.77 against the rupee today. In fact, due to the huge increase in corona cases from countries in the US, Europe, IT-software services stocks have plummeted. Tech Mahindra collapsed by Rs 52.05 to Rs 512.90, MindTree dropped Rs 74.85 to Rs 753.45, TCS lost Rs.1119.50 to Rs.1709.55, Infosys was down by Rs36.20 to Rs. .21.55 broke down to Rs. 415.20, Wipro declined by Rs.

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