The Sensex fell 97 points to 33,507 at the end of two-way volatility

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(Gujarat News Correspondent) Mumbai, Ta. 17 June 2020, Wednesday

As many as 100 Indian soldiers were killed on the Ladakh border between India and China and more than 50 Chinese soldiers were also retaliated against by the Indian army. Tensions between the two countries increased with the global front. At the same time, Indian stock markets saw a softening at the end of two-way volatility. The world is emerging from the first wave of the Corona epidemic. International crude oil prices jumped to ડો 70 a barrel yesterday amid widespread activity in industrial activity that has recently lifted the lockdown in many countries. Crude was close to 2.50. Global stock markets also had a mixed trend in Asian countries. While European markets saw a modest improvement. In the Indian stock market, profit-booking in banking-finance, FMCG, metal stocks against the attraction of automobile, consumer durables stocks, the Sensex fell by 3.50 points to 206.5 and the Nifty spot fell by 2.4 points to close at 31.15. The US dollar had lost 7 paise to Rs 6.15 against the rupee today.

Sensex intra-day high of 7 and lower of the end of the fall of 3 points to 205

Trading started cautiously today. The Sensex opened at 8.91 against the previous close of 206.5. Auto giant Maruti Suzuki took over and banking stocks with Bharti Airtel, Ultratech Cement, Axis Bank, IndusInd Bank, Bajaj Finance as well as Sun Pharma, Titan, Tech Mahindra, TCS, Infosys rose to Rs. . The sell-off of funds from the uptrend came close to a low of 7 and ended at 205.5, down 3.50 points.

The Nifty spot fell between 4 points below 100005 and then fell 3 points to 21.

NSE's Nifty spot opened at 8.30 against the previous close of 215. Initially, funds including Kotak Mahindra Bank, Bajaj Finserv, HDFC Bank and ITC, Vedanta, Hindalco went into a sell-off. Auto stocks including Airtel, Wipro, Britannia, Titan, Axis Bank, Maruti Suzuki, Tata Motors and Titan, Ultratech Cements rose to Rs 1,000,050. At the end of the day, the profit booking started again and fell by 4.5 points to close at 31.12.

In auto stocks, Maruti Suzuki jumps Rs 5 to Rs 5: Motherson, TVS, Amar Raja, Eicher, MRF rise

Funds were bought in auto stocks today in anticipation of a rise in demand for automobiles, despite a sharp rise in petrol and diesel prices to Rs 4 per liter in the short-term due to renewed industrial activity in the country. Motherson Sumi increased by Rs 2.50 to Rs 9.10, Maruti Suzuki partnered with Karur Vaishya Bank for a simple finance scheme for the sale of cars and also collaborated with IndusInd Bank to attract attractive fund prices. 30 increased to Rs. 2.50, TVS Motor increased by Rs. 2.15 to Rs. 3.10, Amarraja Batteries increased by Rs. 2.5 to Rs. 2.50, Cummins India increased by Rs. 4.5 to Rs. , Eicher Motors rose by Rs 115.50 to Rs 12,8.5, MRF rose by Rs 301.50 to Rs 2,8.50.

Banking-Finance stocks Kotak Bank, HDFC Bank fall: Axis Bank, GIC Housing rise

Banking-finance stocks also saw a mixed trend today. Kotak Mahindra Bank fell by Rs 3.5 to Rs 121, HDFC Bank fell by Rs 4.5 to Rs 30.50, HDFC AMC fell by Rs 19.15 to Rs 219.50, Maha Bank fell by Rs 10.50, Edelweiss Rs 1.10 down to Rs 21.5, AU Bank down Rs 15 to Rs 4.5, JM Financial down Rs 1.3 to Rs 20.5, Bajaj Finserv down Rs 20.15 to Rs 205. 30, HDFC Ltd fell by Rs 4.5 to Rs 19.05. While Axis Bank rose by Rs 3 to Rs 4.5, IndusInd Bank rose by Rs 10 to Rs 20.5, RBL Bank rose by Rs 1.10 to Rs 12.5, GIC Housing Finance rose by Rs 12.5 to Rs. 2.3, Chaula Fin increased by Rs 12.50 to Rs 12.50, Hudco increased by Rs 1 to Rs 2.50, Canfin Home increased by Rs 19.50 to Rs 3, LIC Housing Finance increased by Rs 4.5. 2.4.

Net sales of Rs 5 crore in FII cash: Net purchases of DIIs worth Rs 15 crore

FIIs-FPIs were to sell net worth of Rs 2.5 crore in cash today-Wednesday. A total of Rs 4.5 crore was sold against a total purchase of Rs 210.5 crore. On the other hand, DII-domestic institutional investors made a net purchase of Rs 12.05 crore in cash today. A total of Rs 21.5 crore was sold against a total purchase of Rs 7.5 crore. Market breadth remained positive today with small, mid-cap stocks being the preferred takers. Out of the total 20 scrips traded on the BSE, the number of gainers was 1,610 and the number of losers was 114. The only seller in 12 stocks was the lower circuit against the upper circuit of the only buyer in 5 stocks.

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