Foreign funds continue to rise: Sensex jumps 268 points to 38140: Small, mid-cap stocks rise

(Gujarat News Correspondent) Mumbai, Ta. 23 July 2020, Thursday

Despite the US order to close its consulate in Houston and China warning of retaliatory measures, relations between the two countries deteriorated on the global front and the acquisitions in corporate India were positive today. Following the investment of global investors in Reliance Industries' digital unit Geo Platforms so far, reports of Amazon buying holdings in Reliance Retail have now been positively impacted by the aggressive takeover of funds in Reliance Industries. Along with this, the Sensex surged by 9.5 points and the S&P 500 by 4 points on the back of sustained gains in banking and finance stocks and renewed borrowing in pharmaceuticals and healthcare stocks and attractions in automobile, consumer durables, metal and oil and gas stocks. The points were up and closed at 11,417.8. Even small, mid-cap stocks were aggressive in taking funds today. Of course, IT-software stocks saw rising profit bookings.

Sensex sees a storm in the last half an hour

Trading started cautiously today. After the Sensex opened at 216.5 against the previous close of 21.8 and initially dipped to 4.5, funds began to take over led by Reliance Industries. Shares of Mahindra & Mahindra, Maruti Suzuki, Levali and ITC have been strong for a long time. In the last hour, banking-finance stocks rebounded and gains in Reliance Industries, including Tech Mahindra, Titan, Nestle India, Sun Pharma, Asian Paints, rose 2.71 points at one point to 5.05. It had gained 3 points to close at 3140.8.

Nifty Spot Reliance, Banking, Pharma stocks rise 4 points to 11,412

NSE's Nifty spot opened at 1112 against the previous close of 1113.50 and initially fell to 11130.15 with modest caution. After a major takeover of funds in Reliance Industries, banking-finance stocks with State Bank of India, ICITI Bank, Maitro, ICITI Bank, Maitro. Suvuki, Mahindra & Mahindra, Bajaj Auto and Cipla, Dr. Reddy's Lab., Sun Pharma and other pharma stocks including Tazie and Nestle India, IOC, Vedanta, ITC, Asian Paints, Hindalco, BPCL, J1 At the end of the day, it had gained 2.4 points to close at 11,412.5.

Bank Nifty futures rise from 8,703 to 7,110

Nifty-based funds in derivatives today saw bearish sales cut again as funds rallied aggressively. The Bank Nifty July futures opened at 8,6.5 against 8,305.50, fell to 8,305.50, rose to 7,120 and closed at 7,110. The Nifty July futures opened at 11,191.5 against 11,110.5, fell to 11,07 and closed at 11,815.8. The Nifty was in the downtrend in recent days with a weekly settlement on July 8. In various call-put options of Nifty 30, July expiry, the call of Nifty 11,600 opened at 2.50 against 7.5 and ended at 12.5 at the top. The Nifty 11,000 put opened at 9 against 7.5, fell to 2.4 at the top and ended at 20 at 8.30.

Bankex up 3 points: State Bank, ICICI Bank, Kotak Bank, Motilal Oswal, Canfin Home up

In banking-finance stocks, the BSE Bankex Index rose by 3.31 points to close at 314.5 today, as funds took a fresh start. State Bank of India rose by Rs 2.50 to Rs 19.50, ICICI Bank by Rs 11.50 to Rs 2.50, Kotak Mahindra Bank by Rs 4.5 to Rs 120.5, Bandhan Bank by Rs 4 .05 increased to Rs. 20, RBL Bank increased by Rs. 3.5 to Rs. 12.15, HDFC Bank increased by Rs. 2.50 to Rs. 1160.50, Motilal Oswal jumped by Rs. Home increased by Rs 2.15 to Rs 301.50, Muthoot Fin by Rs 15.5 to Rs 21.5, PNB Housing Finance by Rs 10 to Rs 210.5, Edelweiss by Rs 2.50 to Rs 5 .02, ICICI Securities increased by Rs. 18.5 to Rs. 3.05, Geojit Financial by Rs. 3.5, Religare by Rs. 20.50, Ujjivan by Rs. 4.5 to Rs. 3.5, SBI Life by Rs. .50 increased to Rs. 2.50, HDFC Life increased by Rs.

Amazon will now buy holdings in Reliance Retail: Reliance sets a new record of Rs 303, jumps Rs 5 to Rs 5,021

Reliance Industries set a new record today with uninterrupted borrowing of funds. After Geo, reports of foreign investors' holding activity in Reliance Retail led to Amazon buying holdings in Reliance Retail, with aggressive fund-raising in stocks hitting a new high of Rs 309.50 and closing at Rs 8,050. Was.

Eicher Motors up Rs 1,000 to Rs 4,050 in auto stocks: Amarraja Batteries, TVS, Mahindra, Bajaj Auto up

The BSE Auto Index rose by 216.61 points to close at 14.8 today as automobile stocks rebounded amid expectations of increased demand for vehicles from rural and semi-urban areas with good monsoon across the country. Eicher Motors jumped Rs 1,000.5 to Rs 30,50, Amarraja Batteries rose Rs 12.5 to Rs 316.5, TVS Motor rose Rs 2.50 to Rs 305.5, Mahindra & Mahindra rose Rs 11.5. Bajaj Auto rose by Rs 205 to Rs 2091.40, Balakrishna Industries by Rs 19.15 to Rs 12.5, Maruti Suzuki by Rs 4.5 to Rs 206.5. .

Healthcare-Pharma stocks rise again: Sequent, Medicaman, Novartis, Diviz Lab., Abbott, Cipla, Dr. Reddy's, Pfizer rise

Amid the Corona epidemic, stocks of healthcare-pharmaceuticals companies again saw widespread takeovers of funds today. Sequent Scientific jumped by Rs 2.50 to Rs 115.10, Medicame rose by Rs 21 to Rs 5, Natco Pharma rose by Rs 2.10 to Rs 4.05, Novartis rose by Rs 21 to Rs 316.5, Laurus Lab Rs 2.10 increased to Rs 316.5, Diviz Lab increased by Rs 19.15 to Rs 4.5, FDC increased by Rs 19.10 to Rs 4.05, Wockhardt increased by Rs 12.5 to Rs 4. 30, Abbott India increased by Rs. 2.5 to Rs. 15,9.50, Pfizer increased by Rs. 18.50 to Rs. 2.50, RPG Life increased by Rs. 2.50 to Rs. 205.50, Dr. Reddy's Lab increased by Rs. The CIPLA was up Rs 4.5.5, the Cipla was up Rs 4.5 at Rs 21.5 and the Lupine was up Rs 11.50.

Continuing profit booking in IT stocks: L&T Infotech, Emphasis, Infosys, TCS decline

The US dollar had gained one paise to Rs 4.5 against the rupee today. IT-Software Services stocks witnessed consistent profit booking today. L&T Infotech down Rs 4.5 to Rs 30, Emphases down Rs 15 to Rs 2.50, Infosys down Rs 10.5 to Rs 205.5, TCS down Rs 19.50 to Rs 2120.5 , NIIT Technology fell by Rs 12.15 to Rs 19.50.

Oberoi Realty, Aditya Birla Fashion, Best Agrolife, BEL, Hindustan Aeronautics

Small, mid-cap, cash stocks continued to be attractive today. In Oberoi Realty, funds rose by Rs 2.50 to Rs 205.5, AU Bank jumped by Rs 3.50 to Rs 4.5, BEL rose by Rs 4.5 to Rs 105.50, Hindustan Aeronautics jumped by Rs 2.50. HNI, which has become the first Indian company to be licensed for the manufacture of super systematic insecticides, has risen by Rs. Funds in Indiamart, high net worth investors increased by Rs 131.5 to Rs 20.

3 stocks rise in BSE circuit: Small, mid-cap stocks rise: 12 stocks close positive

Market breadth was consistently positive in small, mid cap, cash stocks, high funds, high net worth investors, operators. Out of a total of 215 scrips traded on the BSE, the number of gainers was 1,314 and the number of losers was 16. The only seller in 4 stocks was the lower circuit against the upper circuit of the only buyer in 5 stocks.

FPIs / FIIs make a net purchase of Rs 150 crore in cash: DIIs make a net sale of Rs 5 crore in cash

FII-foreign institutional investors, foreign portfolio investors-FPIs made a net purchase of Rs 130.50 crore in the cash segment today-Thursday. A total of Rs 4.5 crore was sold against a total purchase of Rs 206.5 crore. On the other hand, DII-domestic institutional investors today saw a net sale of shares worth Rs 41.71 crore in the cash segment. Of this, a total of Rs 4.5 crore was sold against a total purchase of Rs 4.5 crore.