Profit booking Sensex fell 433 points to 37877

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(Gujarat News Correspondent) Mumbai, Ta. 14 August 2020, Friday

The Sensex lost 7,000 points and the Nifty lost 11,700 points over the weekend on global markets as funds-booking in banking-finance and automobile stocks led to massive profit booking and sell-off in oil-gas and FMCG stocks. On the international front, corona cases are on the rise again, with European countries issuing guidelines to control travelers, adding Britain to the list of 12-day mandatory quarantine countries for travelers, including France, the Netherlands and Malt. And second-quarter weak results in the US today. The softening had a negative effect on futures before it was announced. The decision by the board to transfer Rs 2,17 crore as surplus dividend to the central government by the Reserve Bank of India and despite the good monsoon in India, the stock has been booming for the past few days today as funds, investors started booking huge profits in banking and auto stocks. . The sell-off in automobile, banking-finance stocks, FMCG, oil-gas stocks as well as IT and power stocks saw the Sensex fall 2.15 points to 3.7 and the Nifty spot fell 13.05 points to close at 1,118.40.

Sensex goes up to 20 in early strengthening, falls to 9, finally falls 3 points to 9

Trading started strong today. The Sensex opened at 7.5 against the previous close of 210.3, taking a rise in shares of pharma giant Sun Pharma, including Infosys, Tata Steel and Titan, which rose by 20.05 points to 30.5 at one point. State Bank of India, Axis Bank, Bajaj Finance, HDFC Bank, IndusInd Bank, Kotak Bank, ICICI Bank, Bajaj Finserv and Mahindra & Mahindra, HCL Techno, HCL Techno. Including the sell-off, it fell 4.5 points to close at 6.5 at around 8.30 am. After booking profit with partial short covering from the fall, the stock partially digested the decline and fell by 2.15 points to close at 7.5.

Nifty spot increased from 11208 to 115 and fell to 11111 and finally decreased by 12 points to 1113

NSE's Nifty spot opened higher at 1190.50 against the previous close of 11,607.50. Initially, pharma stocks rose in Sun Pharma, Cipla, Dr. Reddy's Laboratories and JSW Steel, Coal India, Tata Steel, Infosys. It had increased by 9 points to reach 114.5. Returning from the uptrend, Eicher Motors, Tata Motors, Mahindra & Mahindra saw heavy offloading in auto stocks and oil and gas stocks, including banking and finance stocks, including BPCL, IOC, Reliance Industries, fell by 11,111.5 per cent to 11,118.5. .50 was closed.

Nifty August futures fall from 11,715 to 1118 Bank Nifty futures fall from 9,15 to 21,8

Nifty based in derivatives crashed today. The Nifty August futures opened at 11,31.5 against 11,312.5, went up to 11,9.50 and bounced back to 11,111, ending at 11,12.15. Bank Nifty August futures opened at 7,600.10 against 8,17.50, fell to 5,415 from 31,815 and ended at 31,9.5.

Banks down 3 points: RBL Bank, Axis Bank, State Bank, HDFC Bank, IndusInd Bank, Kotak Bank down

The BSE Bankex Index fell by 2.15 points to close at 4.5 today on heavy selling of funds in banking-finance stocks. RBL Bank fell by Rs 4.5 to Rs 12.5, Axis Bank fell by Rs 19.50 to Rs 4.5, State Bank of India fell by Rs 2.50 to Rs 12.5, Federal Bank by Rs 1. 3 fell to Rs 2.50, IndusInd Bank fell by Rs 11.50 to Rs 305.5, Kotak Mahindra Bank fell by Rs 2.50 to Rs 1,305.10, ICICI Bank fell by Rs 4.5 to Rs 21.5. , Magma down Rs 1.2 to Rs 30.50, Indiabulls Housing Finance down Rs 4.5 to Rs 205.5, AB Capital down Rs 2.10 to Rs 4.5, SBI Life down Rs 2.50 Bajaj Finance fell by Rs 2.50 to Rs 20.50, IDFC Ltd fell by Rs 1.50 to Rs 2.50.

Profit booking after rise in auto stocks: Eicher drops Rs 151 to Rs 30,15: Balakrishnan, Tata Motors, Bosch break

Automobile stocks rose sharply in recent days after heavy rains across the country. Eicher Motors fell by Rs 151.5 to Rs 30,12.5, while Balakrishna Industries' quarterly net profit fell by 7.5 per cent to Rs 151.5 crore. BHOS fell by Rs. 18.5 to Rs. 18.50, Bosch fell by Rs. 21.50 to Rs. 18,9.50, MRF fell by Rs. 301.5 to Rs. 313.50, Maruti Suzuki fell by Rs. 18.5 to Rs. 2.50, Bajaj Auto fell by Rs.

Crude Oil Brent ૪૪ 5: BPCL declines despite good results: IOC, Petronet, ONGC, HPCL decline

International crude oil prices fell again to ૪૪ 6 a barrel, and BPCL's weak quarterly results helped sell funds in oil and gas stocks today. IOC fell by Rs 1.2 to Rs 4.5, Petronet LNG fell by Rs 2.50 to Rs 20, BPCL's quarterly net profit doubled to Rs 209 crore, but shares fell by Rs 4.5 to Rs 216.5. ONGC fell by Rs 1.3 to Rs 2.15, HPCL by Rs 2.50 to Rs 205.50, Reliance Industries by Rs 2.50 to Rs 5,116.10.

Offloading in FMCG stocks: ATFL, Nestle, Godrej Cons., GM Breweries, ITC, EID decline

FMCG stocks also saw profit booking today. ITC fell by Rs 5 to Rs 12.50, ATFL by Rs 15 to Rs 2.50, Globus Spirit by Rs 4.05 to Rs 19.50, GM Breweries by Rs 19.50 to Rs 210.15, Godrej Consumer fell by Rs 4.5 to Rs 4.5, EID Perry fell by Rs 2.50 to Rs 31.50, Hindustan Unilever fell by Rs 2.50 to Rs 219, Nestle India fell by Rs 14.5 to Rs. 13,8.5.

Selective rise in pharma stocks: Lupine rises by Rs 8 to Rs 1,015: Novartis, Wockhardt, Cadila Health, Glenmark, Newland Lab rise

Healthcare-pharmaceuticals stocks saw a re-selective take on the funds today. Lupine rose by Rs 4.5 to Rs 1,013.5, Marksons by Rs 2.15 to Rs 4.5, Wockhardt by Rs 10 to Rs 2.50, Novartis by Rs 19.50 to Rs 2.50, Cadillac Healthcare rose by Rs 4.5 to Rs 4.5, Newland Lab by Rs 15.5 to Rs 205.50, Glenmark by Rs 10.8 to Rs 2.50, Sun Pharma by Rs 10.5 to Rs .91.5, Sanofi was up by Rs.

Wide sell-off in small, mid-cap stocks: Only buyer's circuit in 6 stocks despite negative closure

Marketbroadth turned negative today as small, mid-cap, cash stocks turned out to be profitable sell-offs in several stocks. Out of the total 9 scrips traded on the BSE today, the number of gainers was 16 and the number of decliners was 1061. However, the only seller in 20 stocks was the lower circuit against the upper circuit of the only buyer's uptrend in 6 stocks.

Net purchase of Rs 3 crore shares in FPIs / FII cash: DII net sale of Rs 5 crore

FIIs and foreign institutional investors, foreign portfolio investors, made a net purchase of Rs 2.5 crore in the cash segment today-Friday. A total of Rs 316.04 crore was sold against a total purchase of Rs 316.05 crore. On the other hand, DII-domestic institutional investors today saw a net sale of Rs 2.09 crore in cash. A total of Rs 206.5 crore was sold against a total purchase of Rs 7.5 crore. In European markets, London's Futsy 100 Index was down 3 points at 203, Germany's Dex Index was down 120 points at 16 and France's Cake 30 Index was down 4 points at 9.

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