The Sensex jumped 364 points to 38799

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(Gujarat News Correspondent) Mumbai, Ta. 24 August 2020, Monday

Global markets today rallied behind Europe in hopes of a world-wide cure for the corona virus treatment and the positive development of China's vaccine. With US President Donald Trump taking a lukewarm stance on US companies doing business with Chinese companies in anticipation of improving US-China relations and rising global crude oil prices amid global industrial recovery, the stock market also rallied in Indian stock markets today. Did. Along with banking-finance stocks, the fund's power-capital goods, pharma-healthcare and consumer durables stocks were also favored, with the Sensex moving towards 7,000 and the Nifty moving towards 11,500. As the monsoon in India has been very successful this year, fund stocks rallied all round in anticipation of the country's economy picking up fast after coming out of the Corona era with high growth in the agricultural sector this year. Funds in small, mid-cap stocks, high networth investors, operators, giants continued the aggressive bullish storm and today put only buyers in 7 stocks in the bullish circuit. At the end of the day, the Sensex jumped 4.5 points to 2.08 and the Nifty spot rose 2.4 points to close at 114.5. The US dollar had lost 5 paise to a five-month high of Rs 4.31 against the rupee today.

Sensex banking stocks jumped 20 points intra-day to 4, up 5 points

Trading started strong today. The Sensex opened at 4.5 against the previous close of 7.5. From the outset, banking-finance stocks like Kotak Mahindra Bank, HDFC Limited, State Bank of India, IndusInd Bank, Bajaj Finance, ICICI Bank, Bajaj Finserv, Axis Bank, Reliance with Reliance Attractions including Bharti Airtel, Asian Paints, ONGC, Tata Steel jumped 20.8 points at one point to reach 6.5 at the end. Mahindra & Mahindra, Bajaj Auto, Power Grid Corp, NTPC, Hindustan Unilever, Infosys, The rise was limited to 7.5 points and closed at 2.08.

Nifty spot 11700 ready to jump: going up to 115 and finally increased by 3 points to 115

HDFC Limited, Kotak Mahindra Bank, IndusInd Bank, State Bank of India, ICICI Bank, Bajaj Finance, Bajaj Finserv, Temaj Rinsei Power Grid Corp, Adani Ports, Hindalco, Tech Mahindra, Mahindra & Mahindra, Cipla, Titan, Grasim, Heroco Moto, Bharti Airtel, UPL, Britannia, Eicher Motors, Tata Motors, among others. Cement was up 2.3 points at 119.5.

Technically Nifty uptrends: Closing Stop Loss at Nifty Spot 11030

According to the technical chart, the Nifty is showing a near-up trend. The closing stop loss of 11030 in the Nifty spot is expected to remain bullish for the foreseeable future.

Nifty futures jump from 117 to 117 in end-August trend: Bank Nifty futures rise to 7,800

As the August trend in derivatives ended this week on Thursday, the funds started shifting to Nifty-based aggressive bulls in September. The Nifty August futures opened at 11,610,08 against 11,9.50, fell to 11,710 and closed at 11,615, ending at 11,9.15. The Nifty September futures opened at 11.2.5 against 11,9.50, fell to 11,40.50, closed at 11,9.10 and ended at 11,8. The Bank Nifty August futures opened at 8,6.5 against 8,612.50, fell to 8,9.50 and reached 8,9.50, ending at 5,612.50. The Bank Nifty September futures opened at 8,9.20 against 9,8.5, fell to 8,9.50 and touched a low of 7,8.5 to close at 7,800.

Bankex jumps 618 points: Kotak Bank jumps Rs 5 to Rs 15: IndusInd Bank, HDFC Bank, ICICI rise

In banking stocks, the BSE Bankex Index jumped 216.31 points to close at 7.31 on aggressive buying by funds today. Kotak Mahindra Bank jumped by Rs 4.5 to Rs 12.50, IndusInd Bank rose by Rs 12.5 to Rs 3.10, HDFC Bank rose by Rs 21.10 to Rs 1113.50, ICICI Bank rose by Rs 4.05. State Bank of India was up by Rs 20.50, Axis Bank was up by Rs 2.50 to Rs 3.50.

Widespread rise in finance stocks: PTC Fi, Chaulamandalam, Muthoot Finn, HDFC, Edelweiss, IDFC First

The BSE Finance Index rose by 104.5 points to close at 7.5 today on the back of wide buying by funds and experts in finance stocks. PTC Financial Services jumped by Rs 1.5 to Rs 19.5, Chaulamandalam Holdings by Rs 21.50 to Rs 5, Muthoot Finance by Rs 2.50 to Rs 200.15, IIFL Securities by Rs 2.50. 6.3, Edelweiss jumped Rs 2.50 to Rs 2.10, IDFC First Bank rose Rs 1.2 to Rs 3.15, Bajaj Finance rose Rs 100.5 to Rs 20.5, ICICI Securities rose Rs. 19.10 increased to Rs. 2.50, HDFC AMC increased by Rs. 21.10 to Rs. 2.50, Bajaj Finserv increased by Rs. 12.5 to Rs. 205, HDFC Ltd. increased by Rs. , IIFL Wealth Management increased by Rs 10.50 to Rs 1140.50.

Eicher Motors shares rise to Rs 215 after split: Maruti jumps Rs 105 to Rs 2021: Exide, Amar Raja rises

The choice of funds in automobile stocks was taken today. Eicher Motors' Rs 10 paid-up stock rose by Rs 3 to Rs 216.5 today after splitting into Rs 1 paid-up. Maruti Suzuki rose by Rs 102.5 to Rs 2051.5, Exide by Rs 4.5 to Rs 19.50, Amarraja Batteries by Rs 2.50 to Rs 4.5, Balakrishna Industries by Rs 2.50 13, Cummins India was up Rs 1.5 at Rs 2.50.

Consumer durables stocks rise: Orient Electric rises Rs 11 to Rs 200: Blue Star, TTK Prestige, Whirlpool rise

Consumer durables stocks were also the choice of funds today. Orient Electric rose by Rs 11.15 to Rs 200.5, Blue Star by Rs 31.50 to Rs 2.50, TTK Prestige by Rs 200.5 to Rs 305.50, Whirlpool by Rs 2.50 to Rs. 6.50.

Selective aggressive rally in pharma stocks: Tech Solution, Newland Lab., Aarti Drugs, Pfizer, Laurus Lab., JB Chemicals

Reports of rising demand for drugs in the days of the Corona epidemic in the stocks of healthcare-pharmaceutical companies and good progress in the search for the elixir of life for Corona were aggressive in the choice of funds. Tech Solutions jumps up Rs 2.50 to Rs 2.50, Newland Lab jumps up Rs 105.10 to Rs 103, Aarti Drugs continues to attract bonus share issue 2.50 to Rs. 3.10, Laurus Lab to Rs. 2.50 to Rs. 1130.3, Suven Pharma to Rs. 205.5 to Rs. 8, JB Chemicals to Rs. , Thyrocare rose by Rs 13.5 to Rs 206.5, RPG Life rose by Rs 2.50 to Rs 20.5, Abbott India rose by Rs 114.50 to Rs 15.8.

Adani Group Shares Rise: Adani Greens, Adani Transmission Rise: Reliance Industries Rises Rs 15 to Rs 205

Shares of Adani Group companies traded higher today. The Adani Group has recently been aggressively taking on shares of group companies of funds provided by the government to handle the development operations of three more airports. Adani Greens jumped by Rs 4.5 to Rs 318.50, Adani Transmission by Rs 13.5 to Rs 2.50. Power-Capital Goods Among other stocks, GMR Infra rose by Rs 1.05 to Rs 2.50 and Bharat Forge by Rs 2.50 to Rs 3.15. In Reliance Industries, fund takers rose by Rs 19.50 to Rs 303.05.

Massive bullish storm in small, mid-cap stocks: Only buyer's circuit in 6 stocks: 16 stocks close positive

Small, mid-cap stocks were the only buyers on the BSE today, with a wide range of uninterrupted funds. The only seller in 6 stocks was the lower circuit. Out of the total 204 scrips traded on the BSE today, the number of gainers was 16 and the number of losers was 114.

Agrotech Food, Universe Cables, Ganesh Remedies, Deepak Nitrate, Best Agro, Enkei, Texmeco, Fine Organic

In small, mid-cap, cash stocks, Rakesh Jhunjhunwala's holdings in ATFL-Agro Tech Foods-ATFL today saw an aggressive takeover of funds by Rs 15.5, or 20 per cent, to Rs 21 billion. Shri Ganesh Remedies bounced Rs.191.50 to Rs.121.50, Fine Organic jumped Rs.2.05 to Rs.2.50, Elnet jumped Rs.2 to Rs.15.10, Deepak Nitrite Fund And HNI buyers jumped Rs 105.15 to Rs 3.05, NKE Wheels jumped Rs 4.5 to Rs 7, Best Agrolife new large expansion plan, high net worth takers jumped Rs 16.15 to Rs 4.5 in the upper circuit. Ashok Alco-Chem jumped Rs 2.50 to Rs 3, Elnet jumped Rs 3 to Rs 19.10, Texmaco Rail jumped Rs 4.5 to Rs 2.50.

Net purchase of Rs 512 crore in FII cash: DII's net sale of Rs 5 crore

FIIs - Foreign institutional investors, foreign portfolio investors - FPIs made a net purchase of Rs 412.04 crore in the cash segment today-Monday. A total of Rs 3.01 crore was sold against a total purchase of Rs 2.09 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 20.8 crore was sold against a total purchase of Rs 4.5 crore.


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