The rise in pharma stocks boosted the healthcare index by 1450 points in four days


- Reliance, offloading in HDFC stocks Sensex down 19 points to 203: FPIs / FIIs net sales of Rs 5 crore net, DII cash net purchases of Rs 2 crore

(Gujarat News Correspondent) Mumbai, Friday

Despite worrying global economic downturn on the back of worrisome increase in Coro's transition around the world and better quarterly results than expected by Reliance Industries yesterday in the corporate results season on the other hand, the State Bank of India's expected results today outperformed State Bank of India's Eventually index-based softness continued. However, with the rise in Corona cases, the importance of pharmaceuticals-healthcare companies around the world is growing and companies are introducing new drugs and intensifying efforts to find vaccines. Today, for the fourth day in a row, the rise in funds There was a surge. It had gained 206.5 points in one day and closed at 12.5. At the end of the day, the Sensex was down 19.15 points at 206.5 and the Nifty spot was down 3.50 points at 1104.5.

Sensex IT stocks rebounded at the beginning of the day, bounced back to 9 and finally fell 15 points to 206.

Trading started strong today. The Sensex opened at 5.5 against the previous close of 7.05. Initially, IT stocks were led by Sun Pharma. The Sensex had risen to 7.5 on expectations of better results before the announcement. As a result, sales of Reliance Industries and HDFC Ltd, HDFC Bank and Kotak Mahindra Bank, Maruti Suzuki and Asian Paints fell to 31.8 and closed at 16.15 points.

Nifty spot in the initial rally fell from 11130 to 1103 at the end of 5 points fell to 1107

NSE's Nifty spot opened at 1112.30 against the previous close of 11103.15. And Tata Motors, Maruti Suzuki, Mahindra & Mahindra, State Bank of India, JSW Steel, Axis Bank, Shree Cement, Bajaj Finance, among others, rose to 11,150.50. Returning from the uptrend, Reliance Industries, HDFC Ltd and HDFC Bank fell from the outset to 1,109.5 and ended at 3.10 points, down 3.50 points.

Healthcare Index jumps 203 points: Laurus Lab., Newland, Sun Pharma, Unichem, Torrent, Ipka, Piramal

With the global demand for drugs rising amid the Corona epidemic, all eyes are on the ongoing expansion of funds in the stocks of healthcare-pharmaceuticals companies, which have been on the lookout for ongoing drug research and co-vaccine success. For the fourth day in a row, the BSE Healthcare Index jumped 206.5 points to close at 14.8 for the fourth day in a row. Which jumped 120 points in four days. In pharma stocks today, Lauris Lab jumped Rs 15.50 to Rs 2.50, Solara jumped Rs 105.50 to Rs 2.50, Newland Lab rose Rs 4.5 to Rs 3.05, Unichem Lab rose Rs 31. 30 increased to Rs. 7.5, Panacea Biotech increased by Rs. 19.50 to Rs. 319.50, Shilpa Medi increased by Rs. 2.5 to Rs. 31.50, Ajanta Pharma increased by Rs. 131.5 to Rs. Ipka Lab up Rs 13.10 to Rs 13.5, Piramal Enterprises up Rs 105.05 to Rs 19.10, Aurobindo Pharma up Rs 4.5 to Rs 4.5, Cadila Healthcare up Rs 4.5 Rs 4.5, Hikeal Rs 2.50 increased to Rs 12.5, Cipla Rs 4.5 increased to Rs 30.50, Sun Pharma Industries increased by Rs 31.50 to Rs 31.5, Wockhardt Rs. 16.5 up to Rs 4.5, Abbott India jumped Rs 20.50 to Rs 12,9.5, Lupine rose Rs 2.50 to Rs 4.5, RPG Life rose Rs 10.5 to Rs 5 .50 were.

Despite good results from Reliance Ind., Profit bookings fall by Rs 5 to Rs 305: HPCL, BPCL, Castrol down

Oil-gas stocks today outperformed Reliance Industries' BP BP Inc. However, despite the good performance of Reliance Jio, the overbought position in the stock was eased by Rs 31.50 to Rs 303.5. Among other oil and gas stocks, HPCL fell by Rs 2.10 to Rs 217, Castrol by Rs 2.15 to Rs 119.5 and BPCL by Rs 2.50 to Rs 219.50.

IT-software stocks continue to rise: Tata Comm., Indiamart, HCL Technology, Tech Mahindra, TCS strengthen

IT-Software Services, Telecom stocks were the fundraiser today. IndiaMart increased by Rs 3.50 to Rs 4.5, Tata Communications by Rs 3.15 to Rs 2.50, Just Dial by Rs 3.50 to Rs 4.5, HCL Technology by Rs 10.8 to Rs. Tech Mahindra rose by Rs 2.10 to Rs 8, Infosys by Rs 2.50 to Rs 4.5, TCS by Rs 2.50 to Rs 4.5.

State Bank of India's Encouraging Result: Profit Rises 31%: Shares Rise Rs.

Banking-finance stocks saw a mixed trend today. State Bank of India's net profit rose 21 per cent to Rs 217 crore in the first quarter ended June 2020 and net interest income rose 15 per cent to Rs 2,31.5 crore. Was. Among other stocks, Bandhan Bank rose by Rs 2.15 to Rs 4.5, Axis Bank by Rs 3.50 to Rs 31.50 and IndusInd Bank by Rs 4.5 to Rs 2.50.

IIFL, AU Bank, PNB Gilt rise Indiabulls, Edelweiss, IIFL CQ down

In finance stocks, IIFL Wealth rose by Rs 20 to Rs 105.50, AU Bank by Rs 4.5 to Rs 4.5, MCX by Rs 2.50 to Rs 19.15 and PNB Giltus by Rs 4.5. Rs 4.5, Ujjivan rose by Rs 2.15 to Rs 2.50. However, HDFC Ltd's quarterly net profit fell five per cent to Rs 19.15, its share price fell by 5.6 per cent to Rs 12.5, HDFC Bank fell by Rs 12.50 to Rs 109.5, Lakshmi Vilas Bank fell by Rs 13.5 to Rs 12.5. Chaula Fin fell by Rs 11.50 to Rs 305.50, Indiabulls Housing Finance fell by Rs 4.5 to Rs 120, Edelweiss fell by Rs 4.5 to Rs 2.10, IIFL Securities fell by Rs 1.05 to Rs. 2.3, IIFL was down Rs 1.2 to Rs 4.5.

Mixed trend in auto stocks: TVS, Eicher Motors, Bajaj Auto decline: Balakrishnan Industries, Mahindra, Amar Raja rise

Automobile stocks saw a mixed trend today. TVS Motor down Rs 15 to Rs 4.5, Eicher Motors down Rs 2.50 to Rs 30,0.05, Bajaj Auto down Rs 2.50 to Rs 2008.50, Hero MotoCorp down Rs 2.50 2.50. While Balakrishna Industries rose by Rs 3.05 to Rs 19.05, Mahindra & Mahindra by Rs 4.5 to Rs 205.50, Amarraja Batteries by Rs 4.5 to Rs 305.5, Bosch by Rs 4.5. The MRF rose by Rs 4.15 to Rs 21,050.50.

Continuing profit booking in small, mid-cap stocks: 8 stocks down, 20 stocks bullish circuit: 12 stocks close negative

Small, mid-cap, cash stocks remained the attraction among preferred stocks amid profit booking over the weekend. Of course, the market breadth was negative as the number of declining stocks increased. Out of the total 6 scrips traded on the BSE, the number of decliners was 16 and the number of gainers was 120. The only seller in 6 stocks was the bearish lower circuit while the only buyer in 20 stocks was the upper circuit.

FPIs / FII stocks sell net worth Rs 5 crore in cash, DIIs buy net worth Rs 5 crore

FIIs - Foreign institutional investors, foreign portfolio investors - FPIs today (Friday) saw a net sale of Rs 2.5 crore in the cash segment. Of this, a total of Rs 21.5 crore was sold against a total purchase of Rs 7.5 crore. On the other hand, DIIs-domestic institutional investors made a net purchase of Rs 4.5 crore in the cash segment today. Of this, a total of Rs 2,008.50 crore was sold against a total purchase of Rs 7.5 crore.

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