The Sensex fell 27 points to 34842

(Gujarat News Correspondent) Mumbai, Ta. Thursday, June 25, 2020

With the number of people infected with the corona virus rising again around the world and the growing number of cases in India worrying that economic growth will be hit harder for the second day in a row, experts in the derivatives took an overbought position at the end of the June trend. Along with this, the announcement of weak results in the fourth quarter of Corporate India's final results, including IOC and Canara Bank, also had a negative impact on the market. International crude oil prices have been softening on the back of declining global industrial-economic activity since the Corona crash, as well as rising inventories in the United States. Crude oil Brent was close to ડો 60 a barrel in the evening and Nymex crude was close to ૩૭ 4.50. The US ban on the issuance of H-1B visas is expected to hit Indian IT-software services companies hard, with heavy offloading in IT-software stocks and profit-booking in oil-gas, metal and power stocks. While FMCG, the attraction in banking stocks, the Sensex jumped twice to the level of 2000. But in the end, the Nifty spot was down 2.3 points at 9.10 and the Nifty spot was down 19.50 points at 105.50.

Sensex jumps back to 2000 twice: goes down to 2021

The stock market started trading with a soft start in Asian markets today as a result of yesterday's crash in US stock markets. The Sensex opened at 7.5 against the previous close, with IT-software stocks offloading in Infosys, TCS, HCL Technology from the outset and in ONGC, Larsen & Toubro, Mahindra & Mahindra, HDFC Ltd., Ind. Was bent. From the decline, the funds were taken in FMCG stocks including ITC, Hindustan Unilever, Nestle India and in banking-finance stocks including Kotak Mahindra Bank, Bajaj Finance, ICICI Bank, State Bank of India, Bharti Airtel. Which again came close to 50 in the resale. But in the last hour of offloading, it went up again to 2021.21 and finally dropped by 4.5 points to close at 8.10.

The Nifty spot came to a standstill at 1051 and down to 1012, finally falling 12 points to 103.

The NSE's Nifty spot opened at 103.8 against the previous close of 10,606.50, initially selling heavily in IT stocks, followed by metal-mining stocks and power-capital goods stocks. Which bounced back from the downtrend and reached the top at 1061.30. The sell-off in oil and gas stocks, including ONGC, along with Reliance Industries, and offloading in IT stocks, fell by 13.50 points to close at 104.50.

FMCG stocks rise again: ITC jumps above Rs 500: Dalmiya, Renuka Sugar, Futures consumer rises

FMCG stocks rallied again today as funds, experts became active. ITC Ltd jumped by Rs 10.8 to Rs 206.5, Dalmia Sugar rose by Rs 4.5 to Rs 105.50, Future Consumer rose by 3 paise to Rs 19.50, Renuka Sugar rose by 3 paise to Rs 4.5. Dwarkesh Sugar rose by Rs 1.15 to Rs 4.5, Parag Milk by Rs 2.50 to Rs 107.5, Godrej Agro by Rs 2.50 to Rs 30.5, Dhampur Sugar by Rs 2.50 Rs 12.5, Hindustan Unilever rose by Rs 4.5 to Rs 313.05. The BSEFMCG index was up 4.05 points at 114.5.

Promoter Nirmal Jain boosts holdings in IIFL Finance 10 per cent bullish circuit: Storm in IIFL group stocks

Shares of India Infoline-IIFL group companies witnessed a global rally today. The promoter Nirmal Jain raised its holdings in IIFL Finance by 0.15 per cent and today the share price was at Rs 2.50 in the 10 per cent upper circuit. The promoter's holdings in IIFL Finance stood at 8.4 per cent as on March 31, 2011. The stock rose today on reports that an open offer could be made if the holding by the promoter exceeds 5 per cent. However, the latter clarified that the voting rights of the promoter group in the company have increased by more than 5 per cent and the group does not intend to acquire or open offer more than 5 per cent voting rights in the company. Shares of IIFL Group and IIFL Securities jumped by Rs 2.50 to Rs 2.9, IIFL jumped by Rs 4.5 to Rs 2.50 and IIFL Wealth Management jumped by Rs 2.50 to Rs 1,050.50.

Choice attraction in banking-finance stocks: Kotak Mahindra Bank rises by Rs 5 to Rs 15: City Union Bank

Banking-finance stocks remained bullish despite profit-booking. Kotak Mahindra Bank rose by Rs 4.5 to Rs 12.5, Citi Union Bank by Rs 2.50 to Rs 19.05, RBL Bank by Rs 4.05 to Rs 19.50, Bandhan Bank by Rs 4. Indiabulls Housing Finance rose by Rs 20.5 to Rs 4.5, Geojit Financial rose by Rs 2.50 to Rs 4.5, Motilal Oswal rose by Rs 4.05 to Rs 4.5. Ujjivan rose by Rs 11.50 to Rs 31.8, JM Financial by Rs 2.50 to Rs 3.50, Chaula Fin by Rs 2.50 to Rs 305.50.

Small, mid-cap stocks re-emerge in 1917 stocks positive: Only buyers in 8 stocks bullish circuit

Funds in small, mid-cap, cash stocks, high networth investors, players' picks and market growth remained positive. Out of the total 20 scrips traded on the BSE, the number of decliners was 1181 and the number of gainers was 1913. The only buyer among the six stocks was the bullish upper circuit. The only seller in 120 stocks was the lower circuit.

Pharma stocks Newland Lab., Piramal, Alembic Ltd., Abbott India, Biocon rise: Unichem Lab., Shipla Medi fall

Pharmaceuticals-healthcare stocks saw a mixed trend today. Newland Lab down Rs 2.15 to Rs 5, Gufic Bio down Rs 2.15 to Rs 30.15, Piramal Enterprises down Rs 105.5 to Rs 12.5, Alembic Ltd down Rs 2.15 to Rs. 6.3, Abbott India fell by Rs 2.50 to Rs 12,9.50, Biocon fell by Rs 19.50 to Rs 303.50. While Unichem Lab fell by Rs 13.5 to Rs 12.5, Caplin by Rs 14.5 to Rs 21.50, Shilpa Medi by Rs 19.50 to Rs 301.50, Syngen by Rs 2.50 to Rs. .903.50, Novartis fell by Rs. 6.5 to Rs. 2.15, Ajanta Pharma fell by Rs. 18.15 to Rs. 13.5, FDC fell by Rs. 1.10 to Rs. 2.50, Diviz Lab by Rs. .50 was down to Rs.