The Sensex fell 58 points at the end of the day

(Gujarat News Correspondent) Mumbai, Ta. Wednesday 22 July 2020

Tensions between the US and China are rising again with the global rise in the Corona transition. After the US closed the Houston Consulate, China announced a retaliatory move to close the US Wuhan Consulate. The Indian stock markets also overbought today. The resumption of aggressive fund-raising in Reliance Industries has had a positive impact on the stock surpassing the Rs 4,000 level and the attraction in consumer durables stocks with selective buying in banking-finance stocks has halted index-based erosion. The market was also negatively impacted today by estimates that the overall economic growth will decline by as much as 3 per cent as a result of COVID-12 against the expectation of high growth in the agricultural sector due to good monsoon across the country. IT-Software Services, Automobile, Oil-Gas, FMCG, Consumer Durables stocks against profit booking as well as Reliance Industries, the Sensex fell 1.91 points at the end of the day. .50 were closed.

The Sensex plunged to a low of 201 and a high of 215, falling by 3 points to 9.

Trading started strong today. The Sensex opened at 219.05 against the previous close of 20.8, initially with funds in Reliance Industries, banking-finance stocks in Axis Bank, ICICI Bank and Titan Industries, ITC, Power Grid Corp, Mahindra & Mahindra, Mahindra & Mahindra It had risen 2.4 points to reach 314.5. FMCG giant Hindustan Unilever, including Nestle India, and Maruti Suzuki in auto stocks, Bajaj Auto in IT stocks with Infosys, TCS, Tech Mahindra in the stock, including Bank, Bank, Stanc, Bank, Stanc, Pharma, Bajaj Finserv, among others, were washed out by the sell-off, falling 3.11 points at one point to 201.1. At the end of the day, the gains, including Reliance Industries, fell sharply to 3.81 points and closed at 31.8.

Nifty spot initially rallied to 115 at the top and fell to 1103 at the end of the fall of 30 points to 1112

NSE's Nifty spot opened higher at 1191.50 against the previous close of 1113.5. In the initial rally, Reliance Industries, Titan, Axis Bank, ITC, NTPC, Vedanta, Infratel, Zee, Coal India, UPL, HDC1, etc. After reaching IT, automobile, power stocks, FMCG stocks were sold in Hindustan Unilever, Nestle India, Britannia and Hero MotoCorp, BPCL, Wipro, Tata Steel, Shree Cement, IOC. 1112.50 was closed.

Technically close to Nifty trend up: Closing stop loss of 1050 at Nifty spot

Technically the Nifty is showing a near trend up-rally. The closing stop loss of 1030 in the Nifty spot is showing a near bullish focus.

Call of Nifty 11,200 increased to 117.15 and fell to 30.8: Bank Nifty futures fell from 11,150 to 11,17

Nifty-based funds in derivatives today eased the overbought position in bullish caution. Among the various call-put options in the July expiry, the Nifty 11,600 opened at 2.8 against 9.15, fell to 117.15 from the top and fell to 6.5 at the end. The Nifty 11,100 put opened at 9 against 8.30, went down to 5.5 and went up to 20 and ended at 8.30. The Bank Nifty July futures opened at 9,12.5 against 8,612.5, fell to 5,13.5, fell to 7,9.50 and closed at 8,7. The Nifty July futures opened at 11,12.50 against 11,140.9, fell to 11,203.50 and fell to 10,303.50, ending at 11,17.

Hindustan Unilever down Rs 21 after results: Britannia, Nestle India down

FMCG stocks witnessed a sell-off of funds today. Despite Hindustan Unilever's better-than-expected quarterly results yesterday, profit-booking in the stock fell by Rs 20.50 to Rs 2.50 amid challenging time-outs for the company's future. VST Industries down Rs 2.10 to Rs 318.50, Dabur down Rs 10.8 to Rs 21.05, Britannia Industries down Rs 2.50 to Rs 205.5, Nestle India down Rs 3.05 to Rs Bajaj Consumer fell by Rs 1.5 to Rs 12.50, Radico fell by Rs 10.10 to Rs 4.5, Globus Spirit fell by Rs 6.15 to Rs 19, Marico Industries fell by Rs 2.50. Were Rs. While ITC Ltd attracted Rs 2.50 to Rs 19.5, Vadilal Industries rose by Rs 2.50 to Rs 210.50.

Reliance 2000 jumps by Rs 5 to new record high of Rs 2,000: quarterly results postponed to July 30

Shares of Reliance Industries jumped to a new record high of Rs 2,000 today, closing at a new all-time high of Rs 2,005.10, after the funds resumed trading today. With this, the market capitalization of Reliance Industries today has crossed Rs 12.5 lakh crore and reached Rs 19,50,60 crore. Meanwhile, the stock exchanges have been informed that Reliance Industries has decided to release its quarterly results for the end of June 2020, which will be released on Friday, July 4, and now on July 30, 2020. Of course, the company did not give a reason for the delay.

Banking-Finance stocks pick up: Axis Bank rises after results: IIFL Group stocks rise

Banking-finance stocks were the choice of funds today. Despite Axis Bank's first-quarter net profit falling 14 per cent yesterday, the stock rose Rs 4.5 to Rs 2.09 today. Federal Bank rose by Rs 2.50 to Rs 4.5, ICICI Bank by Rs 4.5 to Rs 31.10, Mahindra & Mahindra Finance by Rs 15.05 to Rs 12.5, IIFL Securities by Rs 4. 2 increased to Rs 2.50, IIFL increased by Rs 2.50 to Rs 3.10, IIFL Wealth increased by Rs 2.50 to Rs 4.5, Edelweiss increased by Rs 3.50 to Rs 4.5, Religare Rs Crisil was up Rs 2.50 at Rs 19.5, up Rs 1.5.

Bandhan Bank, Indusand, RBL Bank, State Bank, HDFC Bank, Kotak Bank, SBI Card, SBI Life declined

In banking-finance stocks, Bandhan Bank fell by Rs 2.50 to Rs 4.5, IndusInd Bank by Rs 4.5 to Rs 316.5, State Bank by Rs 4.5 to Rs 15, SBI Life Insurance by Rs. S&P card fell by Rs 4.5 to Rs 20, SBI card by Rs 4.05 to Rs 4.5, HDFC Life by Rs 19.50 to Rs 205.50.

IT stocks weaken: Wipro, Infosys, Oracle Finserv, TCS, Sterlite Technology, Tech Mahindra fall

IT-software services stocks also saw profit booking today. Sterlite Technology fell by Rs 2.50 to Rs 12.5, Tata Communications by Rs 13.5 to Rs 4.5, Wipro by Rs 2.15 to Rs 2.50, Infosys by Rs 19.50 to Rs. 215.50, Oracle Finserv fell by Rs. 5 to Rs. 2030, TCS fell by Rs. 2.5 to Rs. 313.5, Tech Mahindra fell by Rs.

Profit booking in automobile stocks: Hero MotoCorp, Tata Motors, Maruti Suzuki, MRF down

There was also widespread profit booking in automobile stocks today. Hero MotoCorp fell by Rs 4.5 to Rs 2.50, Tata Motors by Rs 4.5 to Rs 105.15, Maruti Suzuki by Rs 19.50 to Rs 2008.50, MRF by Rs 1100.5 to Rs. 4,600, Eicher Motors fell by Rs. 2.50 to Rs.

Balmer Lori, Tinplate, Aimco, Ionius Styro, Best Agrolife, Coromandel Engg., Tenfac

On the bad market, small, mid-cap, cash-strapped stocks were the main gainers today. Tenfac Industries jumped Rs 4.5 to Rs 316.5, Balmer Lori rose Rs 15.5 to Rs 131.10 and Tinplate Company rose Rs 17. 30 to Rs. 12.50, International Combustion to Rs. 15.50, Best Agrolife Ltd., one of India's leading companies in the manufacturing of agro inputs, acquires shares of Super Systematic Insecticide for the first time in the manufacturing of Indian Systematic Insecticide. Levali jumped Rs 11.5 to Rs 2.50 in the upper circuit, Ionius Styroolution rose by Rs 4.5 to Rs 4.5, AIMCO Alicon rose by Rs 4.5 to Rs 4.

Profit booking in small, mid-cap stocks: 181 stocks closed negative: only buyers in 4 stocks bullish circuit

Marketbroadth was negative as many small, mid-cap stocks traded profitably today. On the BSE, only stocks had a bearish lower circuit, while six stocks had a bearish upper circuit. Out of the total 201 scrips traded on the BSE, the number of gainers was 117 and the number of losers was 121.

FPIs / FII's net purchase of Rs 15 crore shares in cash: DII's net sale of Rs 114 crore

FIIs - Foreign institutional investors, foreign portfolio investors - FPIs made a net purchase of over Rs 12 crore in the cash segment today-Wednesday. Of this, a total of Rs 5 crore was sold against a total purchase of Rs 206 crore. On the other hand, DII-domestic institutional investors today saw a net sale of shares worth Rs 113 crore in the cash segment. A total of Rs 3 crore was sold against a total purchase of Rs 3 crore.