The Sensex fell 59 points to 38,310

-

(Gujarat News Correspondent) Mumbai, Ta. 13 August 2020, Thursday

Global markets today softened for the second day in a row as index-based shocks rebounded in Indian stock markets today, despite strength in Asian markets against erosion in European markets. The sell-off in banking-finance frontline stocks and healthcare-pharma stocks was washed out at the end of the index-based initial rally in stocks. Of course, with the monsoon succeeding across the country and Prime Minister Narendra Modi's new initiative to make tax payments easier for honest citizens in the country, the market has seen a partial positive impact. The offloading of funds in banking-finance, power-capital goods, consumer durables stocks against selling in healthcare stocks prevented a major erosion. Along with this, automobile and metal-mining stocks were also the favorites. At the close of trading, the Sensex was down 2.15 points at 310.3 and the Nifty spot was down 3.3 points at 11,200.5. Today, of course, small, mid-cap, cash stocks continued to rise broadly.

Sensex rises 518 points in early trade, down 6 points to 310

Trading started strong today. The Sensex opened at 7.5 against the previous close of 7.5, initially led by Larsen & Toubro led by capital goods-power stocks including NTPC, Power Grid Corp and consumer durables stocks including Titan, including HCL Technologies, HCL Technologies At Unilever, ICICI Bank, Kotak Mahindra Bank, the all-time high rose 12.5 points to 216.5. The upheaval shook European markets and led to massive offloading of telecom stocks, including Bharti Airtel, as well as continued selling in pharma stocks, including Sun Pharma, including ITC, State Bank of India, HDFC Limited, Axis Bank, Axis Bank and HDFC Bank. In India, Tata Steel softened sharply to a one-time low of 19.5 points to 314.05 and closed at 310.5, down 3.15 points.

Nifty spot came up to 115 and down to 114 and finally dropped 3 points to 11,200.

NSE's Nifty spot opened higher at 114.5 against the previous close of 11,605.60, with auto giant Tata Motors, including Hero MotoCorp, and Larsen & Toubro led by Capital Goods-Power stocks at Hindalco, UPL: Reached. Returning from the uptrend, Bharti Airtel, HDFC Life, ITC, Sun Pharma, Nestle India, Gail India, Infosys, Shree Cement, Reliance Industries were among the sellers who fell to 116.5 and closed at 8.5 points.

Technically Nifty uptrends: Nifty spot 108's closing stoploss rises

Technically the Nifty is showing a near bullish trend. Technically, the Nifty spot is focusing on a closing stop loss of 108.

Nifty August futures rise to 115 from 11,417 at 115: Bank Nifty futures rise to 7,215

Nifty-based in derivatives today saw a bullish trade easing at the end of two-way volatility. The Nifty August futures opened at 11,9.50 against 11,312.50, fell to 11,9.50 and closed at 11,9.5.50. The Bank Nifty August Futures opened at 8,601 against 8,412.50, fell to 8,7.5 from 8,97.50 and closed at 8,412.15.

Banking-Finance stocks continue to sell: Bandhan Bank, RBL, Citibank, State Bank, HDFC

Banking-finance stocks continued to sell today. Bandhan Bank down Rs 4.5 to Rs 30.50, RBL Bank down Rs 4.5 to Rs 19.10, City Union Bank down Rs 1.15 to Rs 119.50, State Bank of India down Rs 1 Axis Bank fell by Rs.50 to Rs.0.05, HDFC Bank fell by Rs.2.50 to Rs.104.5, IndusInd Bank fell by Rs.1.5 to Rs.212.5, Satin Finance down Rs 2.10 to Rs 30, Indiabulls Housing down Rs 4.5 to Rs 313.50, MCX down Rs 2.15 to Rs 19.10, HDFC Life down Rs 2.50 .2, HDFC Ltd. fell by Rs. 2.50 to Rs. 1903.05.

Continuing profit booking in pharma-healthcare stocks: Aurobindo Pharma, Sun Pharma, Eris, Marksons, Shilpa Madi decline

Pharmaceuticals-Healthcare stocks continued to sell profitable funds today. Aurobindo Pharma fell by Rs 2.50 to Rs 31.50, Aries fell by Rs 3.05 to Rs 4.05, Natco Pharma fell by Rs 2.50 to Rs 219.50, Shelby fell by Rs 2.50 to Rs. 30.10, Marksons down Rs 1.50 to Rs 2.10, Shilpa Medi down Rs 12.5 to Rs 310.5, Sun Pharma down Rs 11.50 to Rs 30.50, Hikeal down Rs 5. 20 was down to Rs 12.50.

Hindustan Aeronautics jumps Rs 15 to Rs 1,200: Larsen, Bharat Forge, BHEL, Bharat Il.

In capital goods-power stocks, the BSE Capital Goods Index jumped 206.5 points to close at 12.5 today, as funds took a wide all-round gain. Hindustan Aeronautics jumped by Rs 19.05 to Rs 1,200.5, Bharat Forge by Rs 3.05 to Rs 205.50, BHEL by Rs 2.50 to Rs 4.5, NBCC by Rs 1.50 to Rs. 3.10, Larsen & Toubro up Rs 20.50 to Rs 30.9, Bharat Electronics up Rs 2.50 to Rs 119.50, Finolex Cables up Rs 2.50 to Rs 5, Grindwell Norton Rs 5 .02 increased to Rs. 20.50, Thermax increased by Rs. 10.9 to Rs. 20.50, Tata Power boosted quarterly result increased by Rs. 2.15 to Rs. 2.15, KEC increased by Rs. 10.5 to Rs. 206.05, CESC was up by Rs 12.50 to Rs 4.05.

Choice attraction in consumer durables stocks: Titan rises by Rs 5: Voltas, Symphony rise

Consumer durables stocks were also the favorites today. Shares of Titan rose by Rs 4.5 to Rs 105.50, Voltas by Rs 19.05 to Rs 319.50 and Symphony by Rs 19.05 to Rs 5. 30, VIP Industries rose by Rs 4.5 to Rs 3.10.

Auto stocks continue to rise: Ashok Leyland jumps Rs 5 to Rs 21: MRF jumps Rs 3 to Rs 2,50

Even in the good rains in the country, automobile stocks continued to receive funds, experts said. Ashok Leyland jumped Rs 2.10 to Rs 21.05, Tata Motors jumped Rs 2.50 to Rs 131.10, MRF jumped Rs 2.50 to Rs 2,50.5, Motherson Sumi jumped Rs 2.50. Cummins India was up by Rs 120.5 to Rs 3.8, TVS Motor was up by Rs 19.10 to Rs 30.5.

Wide boom in small, mid-cap stocks: Only buyer's circuit in 3 stocks

Small, mid-cap, cash stocks continued to rally broadly today. Out of the total 9 scrips traded on the BSE today, the number of gainers was 1,217 and the number of declines was 1,317. The only seller in 209 stocks was the lower circuit against the upper circuit of the only buyer in 6 stocks.

FPIs / FII Cash Net Purchase of Rs. 216 Crore Shares: DII Net Sell of Rs. 5 Crore

FIIs and foreign institutional investors, foreign portfolio investors, made a net purchase of Rs 216.5 crore in the cash segment today-Thursday. A total of Rs 2.18 crore was sold against a total purchase of Rs 2.15 crore. On the other hand, DII-domestic institutional investors had a net sale of Rs 2.5 crore in cash today. A total of Rs 2.50 crore was sold against a total purchase of Rs 4.5 crore.

Comments

Post a Comment

Popular posts from this blog

Covid-19 effect: Significant increase in demand for second hand cars in the country

-
Image
Mumbai, May 26, 2020, Tuesday As lockdowns are being phased out across the country, the use of private vehicles using public transport to reach their destinations is on the rise. The increasing use of private vehicles has also increased the demand for cars, especially secondhand cars. Demand for second-hand cars is unprecedented. Inquiries for second-hand cars have almost doubled during the lockdown period compared to the time before the lockdown, according to a survey of about 100 dealers and car buyers. Demand for used cars at dealers has been strong in the last few weeks, and is expected to grow as the lockdown eases. Consumers are increasingly interested in buying second-hand cars, especially smaller ones, due to lower income levels and health-related safety, said an organized second-hand car dealer. Inquiries for a particular vehicle, which used to be around 15 per cent before the lockdown, have now doubled to 5 per cent. Inquiries for new vehicles have fallen from 21 per cen...
Read more

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro...
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja...
Read more