The Sensex rose 99 points to 36,694
(Gujarat News Correspondent) Mumbai, Ta. 13 July 2020, Monday
Corporate India's quarterly results for the end of June 2020 will now be released this week, along with Wipro and Infosys, as well as Google's plans to invest Rs 5,000 crore in India over the next five to six years, Reliance Industries said in a statement on Wednesday. The same IT stocks led the aggressive rally. The current downturn is expected to create huge opportunities for IT-software services companies in the country and abroad, as well as the steady influx of foreign investment in Reliance's Geo Platforms venture. With this, the US dollar had lost one paise to Rs 3.15 against the rupee. Brent crude traded lower by 21 cents to ૪૨ 2.8 a barrel and Nymex crude fell by 3 cents to close at ૯ 2.50 this evening on the back of lower international crude oil prices. Attractions in IT-software services stocks as well as Reliance Industries, FMCG, auto and metal stocks pushed the Sensex above 2,000 at the start of the day. Were living.
The Sensex jumped 20 points to 307 in a tumultuous rally at the beginning of the day, but profit-booking rose 3 points to 3.
Trading started today with a stormy rally. Tech Mahindra, HCL Technology, Infosys, Bharti Airtel, Hindustan Unilever and INCLE, E.N.L.E., Hindustan Unilever and I.N.L.A., Reliance Industries with aggressive take-up of funds. At Sun Pharma, Tata Steel, Titan, Maruti Suzuki, Bajaj Auto, Mahindra & Mahindra, Lavali jumped 2.3 points at one point to reach 204.50. In banking-finance stocks, HDFC Bank, HDFC Limited, Bajaj Finance, ICICI Bank, State Bank of India, Kotak Mahindra Bank, Bajaj Finserv and others were down 2.3 per cent. .
Nifty spot initially rallied from 104 to 104 and finally rose by 5 points to 10,412
NSE's Nifty spot opened at 10,31.5 against the previous close of 105.05, with Reliance Industries, IT stocks including Infosys, Tech Mahindra, Infosys, Wipro taking over and metal stocks with Tata Steel, Hindalco, JSWndel and JSW , ITC, Britannia, Nestle India as well as Sun Pharma, Maruti Suzuki, BPCL, IOC, among others, rose to 106.05. Off-loading in banking-finance stocks fell to 105.05 from the previous high, ending at 3.15 points to close at 10,412.50.
Technically close to Nifty trend up: Nifty spot 10415 closing stoploss up close attention
Technically the Nifty is showing a near trend up-rally. The closing stop loss of 10,417 in the Nifty spot is showing a bullish focus.
Call of Nifty 10,200 increased from 31.05 to 61.30 and ended at 31.30: Bank Nifty futures fell from 7.5 to 7.15
Nifty-based bulls in derivatives were the talk of the day as funds eased their bullish trade. Nifty 10, the July expiry of call-put options in the Nifty 10,600 call opened at 9 points against 21.05, fell to 31.50 from the top of the head was closed at 31.50 at the end of 31.20. The Nifty 10,400 opened at 9.30 against the low of 12.5, fell to 115.50 from the previous close of 8.30 and ended at 5.5. The Nifty July futures opened at 10,6.20 against 10,9.5, fell to 10,9.50 and fell to 10,8.05, ending at 10,412.8. The Bank Nifty July futures opened at 4.5 against 2.4.5, fell to 2.3.50 from 8,05 and closed at 8,09.70.
Google plans to invest Rs 2,000 crore in India: IT stocks rise: Tech Mahindra, Infosys, HCL rise
Google's Sundar Pichai in a virtual meeting with Prime Minister Narendra Modi today announced that Google plans to invest Rs 2,000 crore in India in the next five to seven years in the IT sector and IT companies including Wipro and Infosys today announced their quarterly results in IT stocks today. Was booming. The BSE IT index was up 2.4 points at 12.5. Tech Mahindra rose by Rs 31.5 to Rs 200.10, HCL Technology by Rs 20.5 to Rs 205.50, Wipro by Rs 4.5 to Rs 4.5, Oracle Finserv by Rs 4.5 to Rs Infosys rose by Rs 19.50 to Rs 2.50.
Credit Suisse sets Rs 200 target: Reliance Industries jumps Rs 5 before AGM on Wednesday to hit a new record high of Rs 15
As Reliance Industries continues to make new strides, it continues to receive new foreign investment in the company's digital platforms, and now the stock is expected to rise in anticipation of a major announcement at the company's first virtual 9th AGM on Wednesday, July 12, 2020. Credit Suisse has also raised its target price for shares of Reliance Industries from Rs 15 to Rs 150, while in good condition it has set a price target of Rs 200. With this, the share price of Reliance Industries has risen by Rs 2.50 to Rs 19.50. Reaching historic highs, the company's market capitalization also crossed the Rs 13 lakh crore mark and reached a high of Rs 15,8,31.01 crore. The company's latest rights issue saw the partially paid-up share price rise by Rs 2.50 to Rs 107.50, adding Rs 2,8.5 crore to a new high of Rs 15,50,8.5 crore.
FMCG stocks rise: Bajaj Consumer, Emami, Colgate, Hindustan Unilever, ITC, Nestle, Britannia rise
FMCG stocks had a wide takeover of funds today. Bajaj Consumer jumped by Rs 19.5 to Rs 19.5, Emami Ltd by Rs 19.50 to Rs 2.50, DFM by Rs 2.50 to Rs 300.50, Future Consumer by 20 paise to Rs 11. 30, Colgate Palmolive rose by Rs 20.10 to Rs 121.5, Britannia Industries rose by Rs 20.5 to Rs 2.50, Hindustan Unilever rose by Rs 20.5 to Rs 2.50, ITC rose by Rs 2.15. Nestle India rose by Rs 13.50 to Rs 13,9.50, Vadilal Industries by Rs 1.2 to Rs 214.5.
Automobile stocks pick up: Bosch jumps Rs 205 to Rs 15: Exide, Maruti, Eicher Motors rise
Automobile stocks were the favorites today. Rising petrol and diesel prices are expected to slow down demand for vehicles on the one hand and demand for agricultural vehicles on the other hand due to good rains. Bosch up Rs 203.50 to Rs 12,9.5, Exide Industries up Rs 1.50 to Rs 12.5, Balakrishna Industries up Rs 12.5 to Rs 13.5, Eicher Motors up Rs 12.20 Maruti Suzuki rose by Rs 2.50 to Rs 4.5.
Attraction in metal-mining stocks: Hindalco, Hindustan Zinc, JSW Steel, NMDC rise
Metal-mining stocks were also the attraction of funds today. Hindalco rose by Rs 2.50 to Rs 19.15, Hindustan Zinc by Rs 4.5 to Rs 19.50, JSW Steel by Rs 3.05 to Rs 13.5, Vedanta by Rs 2.10 to Rs. 116.5, NMDC was up Rs.
Profit booking in banking stocks: HDFC Bank, HDFC Ltd., Bajaj Finance, Geojit, Ujjivan Small Bank declined
The BSE Bankex Index fell 4.5 points to close at 7.5 today on broad profit-booking in banking and finance stocks. Citi Union Bank fell by Rs 2.50 to Rs 12.50, HDFC Bank fell by Rs 4.5 to Rs 1,050.50, Federal Bank fell by Rs 1.10 to Rs 2.10, ICICI Bank fell by Rs 2.50. RBL Bank down Rs 2.15, RBL Bank down Rs 2.15 to Rs 12.50, State Bank down Rs 3.05 to Rs 19.50, Geojit Financial down Rs 2.50 to Rs 20.10, Ujjivan Small Bank fell by Rs 2.50 to Rs 4.5, IDBI by Rs 2.15 to Rs 21.50, Motilal Oswal by Rs 2.50 to Rs 4.5, Bajaj Finance by Rs 4.5 to Rs. .2.5, HDFC Ltd. fell by Rs.
Profit booking in small, mid-cap stocks: 4 stocks bearish lower circuit: 12 stocks close negative
Marketbroadth was negative today as profit booking was taking place in a number of small, mid-cap and cash stocks. Out of the total 9 scrips traded on the BSE, the number of decliners was 16 and the number of gainers was 104. The only seller in 4 stocks was the bearish lower circuit while the only buyer in 8 stocks was the bullish upper circuit.
FPIs / FII futures sell Rs 5 crore in index futures, Rs 40 crore in stock futures
FIIs - Foreign Institutional Investors, Foreign Portfolio Investors - FPIs today (Monday) saw a net sale of Rs 2 crore in index futures and a net sale of Rs 30 crore in stock futures.
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