The Sensex jumped 420 points to 36472

(Gujarat News Correspondent) Mumbai, Ta. 16 July 2020, Thursday

Despite the encouraging figures of China's economic growth in the face of ongoing US efforts to isolate China amid the global Corona epidemic, fears of a US-China trade war and the European Central Bank's (ECB) meeting are still lingering in Europe, Asia. Today, the market again showed a tumultuous rise with intra-day deceptive shocks. The erosion in stocks behind Reliance Industries was halted today after the statement of Reliance Industries Chairman Mukesh Ambani at its 7th AGM yesterday that the deal with Saudi Arabia's Aramco was delayed. With Reliance's digital revolution now revealing the complete indigenous Five-G telecom technology by Geo and the allure of IT-software companies' quarterly results, funds led the IT stocks for the second day in a row today. With better results than expected by Infosys yesterday and the attraction of funds in IT stocks, the attraction in pharma, automobile, banking-finance, oil-gas stocks, the Sensex has digested the initial shock and finally jumped 216.5 points to 31.8 points. .3 were closed.

Sensex hits 307 after initial strength, jumps 30 points in last hour's rally

Trading started strong today. The BSE benchmark Sensex opened at 201.50 against the previous close of 2021.21. In IT stocks, led by Infosys and HCL Technology, the Sensex surged 200 points to cross the 200 mark. In the sudden shock, offloading in Reliance Industries, ITC, Bharti Airtel, Tech Mahindra, ITC, Titan, Power Grid Corp, ICICI Bank, ONGC, among others, came down to 203.31. But again, with the fund's massive buying in IT stocks and large purchases in FMCG stocks including Nestle India, Hindustan Unilever and sales cuts in Reliance Industries, banking-finance stocks include IndusInd Bank, Kotak Bank, Bajaj Finance, Mahindra and State Bank of India. Lavali, including Maruti Suzuki and Larsen & Toubro, Asian Paint, rose by 2.7 points to close at 21.8, up 217.5 points.

Nifty spot jumps 15 points between 105 and 103

After NSE's Nifty spot opened at 10,094.50 against the previous close of 10,412.50 and bounced 15 to 150 points in the initial rally, Bharti Airtel, Infratel and Shree Cement, Coal India, IOC, ITC, Tech Mahindra sold out. . FMCG stocks including Nestle India, Britannia, Hindustan Unilever rose with aggressive turnover in IT stocks in the last hour and oil and gas stocks with aggressive gains in BPCL with auto, pharma stocks including Cipla, Dr. Reddy's Laboratories and Sun. Banking stocks including Steel, Bajaj Finserv, Bajaj Finance, IndusInd Bank and Axis Bank rose by 101.50 points to close at 104.5, up 171.5 points.

Nifty July Futures jumps below 10,0 from 10,8 to 10,9: Bank Nifty Futures

Nifty-based funds in derivatives today rebounded aggressively on the decline. The Nifty July futures opened at 10,40.50 against 10,9.5, fell to 10,40.50, reached 10,8 and ended at 10,9.50. The Bank Nifty July futures opened at 31,800 against 31,50.3, fell to 31,05 and reached 31,9.50, ending at 31,800.

IT index rises 3 points: Infosys rises Rs 5 to Rs 211: Oracle Finserv, L&T Infotech rises

The BSE IT index closed at 1,212.5, up 3.01 points, as funds bought aggressively in IT-software services stocks for the second day in a row. Infosys's first-quarter results, which were released yesterday, boosted net profit by 12 per cent on expectations. Aggressive fund takers today jumped another Rs 4.5 to close at Rs 310.50. While Oracle Finserv jumped by Rs 19.50 to Rs 313.50, L&T Infotech jumped by Rs 4.5 to Rs 21.5, Emphasis rose by Rs 4.5 to Rs 105.50, MindTree jumped by Rs 2.50. HCL Technology rose by Rs 15.5 to Rs 1,005.5.

Aggressive rally in pharma-healthcare stocks: Newland Lab, Ipka Lab., Cipla, Natco Pharma, Lupine, Dr. Reddy's Lab., Cipla Rise

The BSE Healthcare Index jumped 206.5 points to close at 19.18 as pharmaceuticals-healthcare stocks rallied again amid a flurry of funding for the Covid-12 epidemic. Newland Lab jumped Rs 2.50 to Rs 4.5, Ipka Lab jumped Rs 16.15 to Rs 19.15, Thyrocare rose Rs 4.5 to Rs 205.10, Cipla rose Rs 4.5 to Rs. 2.50, Ajanta Pharma jumped Rs. 4.5 to Rs. 1310.5, Natco Pharma increased by Rs. 4.5 to Rs. 4.5, Lupine rose by Rs. 2.5 to Rs. 105.50 up to Rs. 217, APL Ltd. up Rs. 5 to Rs. 20.50, AstraZeneca up Rs. 2.50 to Rs. 20, Abbott India up Rs. 2.50 to Rs. 1905.05, Cadila Healthcare up Rs. Glenmark rose by Rs 4.5 to Rs 20.8 and Glenmark by Rs 4.5 to Rs 2.50.

Auto stocks rebound after good rains: Mahindra, Hero MotoCorp, Ashok Leyland, Maruti, Eicher Motors rise

Funds were selected in automobile stocks today in anticipation of an increase in demand for vehicles in the coming days as a result of good rains across the country. Mahindra & Mahindra rose by Rs 20.5 to Rs 30.50, Hero MotoCorp by Rs 2.50 to Rs 316.5, Ashok Leyland by Rs 20.50, Maruti Suzuki by Rs 2.15 to Rs 2.50 Cummins India rose by Rs 4.5 to Rs 2.50, Eicher Motors by Rs 20.5 to Rs 19,9.50.

Continued erosion in telecom stocks: Idea Vodafone, Bharti Airtel, Infratel, Tata Communications, Vindhya Tele

The sell-off in telecom stocks was boosted by the announcement of Reliance Jio's five-G solution in the telecom sector, which is likely to lead to more crises for rivals in the coming days and TDSET's suspension of orders on Idea Vodafone's premium plan. Idea Vodafone today fell 3 per cent, or 3 paise, to Rs 4.5, Infratel fell by Rs 12.50 to Rs 19.50, Tata Communications by Rs 4.05 to Rs 2.10, Vindhya Tele by Rs 19.50. Bharti Airtel was down Rs 1.5 at Rs 205.50 and Rs 2.50.

Crude oil prices soften: Brent falls to ૪૩ 2.3: BPCL divestment preparations jump Rs 5

Oil-gas stocks saw a mixed trend today. International crude oil prices fell as much as 6 cents a barrel to Brent crude to close at ૪૭ 2.4 and Nymex crude fell 3 cents to close at ૭૩ 20.8 a barrel. Shares of BPCL rose by Rs 2.50 to Rs 3.05, HPCL by Rs 4.5 to Rs 206.5 and GSPL by Rs 1.3 to Rs 205.50 on reports of disinvestment preparations.

Wide Profit Booking Again in Small, Mid Cap, Cash Stocks: 15 Shares Negative Closure: 31 Stocks Down Circuit

Market breadth remained negative today as small, mid-cap, cash stocks saw widespread selling again today. Out of the total 20 scrips traded on the BSE, the number of gainers was 104 and the number of losers was 12. The only seller in 21 stocks was the bearish lower circuit while the only buyer in 20 stocks was the bullish upper circuit.

Net sales of Rs 1,041 crore in FPIs / FII cash, net purchase of Rs 150 crore in DII cash

FIIs - Foreign Institutional Investors, Foreign Portfolio Investors - FPIs today saw a net sale of shares worth Rs 1,081.04 crore in the cash segment. Of this, a total of Rs 20.8 crore was sold against a total purchase of Rs 2.18 crore. On the other hand, DIIs-domestic institutional investors made a net purchase of Rs 12.51 crore in the cash segment today. A total of Rs 4.5 crore was sold against a total purchase of Rs 2.50 crore.

Finance-banking stocks rise again: Bajaj Finance, Bajaj Finserv, Federal Bank, IndusInd Bank, Kotak Bank rise

Finance-banking stocks saw a resurgence of funds today. Federal Bank rose by Rs 2.50 to Rs 3.05, IndusInd Bank rose by Rs 15 to Rs 319.50, Kotak Mahindra Bank rose by Rs 21.5 to Rs 19.10, Axis Bank rose by Rs 2.15 to Rs. .8.5, Max Financial increased by Rs. 2.5 to Rs. 31.5, Muthoot Finance increased by Rs. 2.5 to Rs. 115.10, Mahindra Finance increased by Rs. 2.50 to Rs. 201.50, Mannapuram by Rs. Bajaj Finance rose by Rs 2.50 to Rs 205.50, Bajaj Finserv rose by Rs 7.5 to Rs 2.50, Motilal Oswal rose by Rs 15.5 to Rs 4. Were living.