Sensex jumps 997 points to 33717

-


- Positive sign of covid drug trial, Chinese factory figures, US Federal Reserve maintaining zero rate ...

- IT, banking, auto, metal, oil and gas stocks rise: FPIs / FIIs buy Rs 15 crore in cash, DIIs buy Rs 5 crore in cash

(Gujarat News Correspondent) Mumbai Ta. 30 April 2020, Thursday

The April trend in derivatives ended today with a tumultuous rally in Indian stock markets. In the ongoing global fight against the corona epidemic, drug-vaccine research is reporting that the US-based Gelid company Remedisivir is healing corona patients at a faster rate of 21% and the US Federal Reserve yesterday maintained zero interest rates as well as China's factory output. With the boom in global markets, the Government of India is now packing economic stimulus Prompt stocks of public funds was also the fourth consecutive day of declines across the surface of the universal aggressively bullish the surface of Sensex 33000 and Nifty 9800. The Sensex jumped 3.6 points to 314.5 and the Nifty spot jumped 206.5 points to close at 8.30.

The Indian rupee strengthened by 3 paise to 9.11 against the US dollar for the second day in a row today. Investors' Assets in Shares: The accumulated market capitalization of companies listed on the BSE rose by Rs 2.31 lakh crore to Rs 16.5 lakh crore in a single day today. Foreign portfolio investors-FPIs, FIIs made a huge net purchase of Rs 13.50 crore in the cash segment today-Thursday. While DII-domestic institutional investors made a net purchase of shares worth Rs 3.08 crore.

Funds in IT-Software, Automobile, Banking-Finance, Oil-Gas, Metal-Mining, Consumer Durables stocks were on the rise with an aggressive rally in shares of Tata Group companies. The BSE IT index jumped 20.5 points to close at 12.05 on the back of an aggressive rally in IT-software stocks today, amid reports that the US Federal Reserve maintained a zero interest rate and the US company was successful in treating corona. HCL Technology jumped Rs 31.50 to Rs 2.50, TCS jumped Rs 104.5 to Rs 2017.8, Infosys rose Rs 2.50 to Rs 216.50, Wipro rose Rs 2.50 to Rs 150 Mastek rose by Rs 12.5 to Rs 2.50, Emphasis by Rs 2.50 to Rs 2.50, MindTree by Rs 2.50 to Rs 219.50.

China's factory output, the Purchasing Managers' Index (PMI), fell to 30.8 in April from a year earlier in March 2020, which was weaker than expected as metal-mining stocks continued to rally for the second day in a row.

Vedanta jumped by Rs 10.8 to Rs 2.50, Hindalco by Rs 13.5 to Rs 120.5, JSW Steel by Rs 15.5 to Rs 120.50, Jindal Steel by Rs 2.50 to Rs. 6.05, Tata Steel rose by Rs 12.5 to Rs 4.5.

Oil and gas stocks were bullish on the back of rising international crude oil prices, with Nymex jumping to ૬ 15 a barrel and the rupee strengthening against the US dollar. ONGC jumped by Rs 4.5 to Rs 4.5, Gail India by Rs 4.5 to Rs 4.5, HPCL by Rs 15 to Rs 20.50, BPCL by Rs 4.15 to Rs 20.5 Before the fourth quarter results were announced by Reliance Industries in the evening, the buyer jumped by Rs 20.5 to Rs 19.05.

Automobile stocks were hit hard by reports that a quick recovery in the automobile industry would be followed by a lockdown, with Tata Motors reversing 5 per cent production in Jaguar-Land Rover in China and Motherson Sumi resuming 30 per cent global production. . Tata Motors jumped Rs 13.5 to Rs 3.10, Hero MotoCorp jumped Rs 15.50 to Rs 313.50, Ashok Leyland rose Rs 2.50 to Rs 4.5, Motherson Sumi rose Rs 2.15. Rs 4.5, TVS Motor up Rs 30.5 to Rs 3.05, Maruti Suzuki up Rs 21.20 to Rs 30.50, Amarraja Batteries up Rs 20.50 to Rs 30.50, Bosch up Rs Mahindra & Mahindra rose by Rs 13.5 to Rs 2.50, Bajaj Auto by Rs 13.50 to Rs 4.5, MA F .1337.50 Rs Rs .60,520.70, Eicher Motors were .14,637.30 Rs .312.95 Rs.

Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro...
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja...
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se...
Read more