The Sensex rose 86 points to 38,614

(Gujarat News Correspondent) Mumbai, Ta. 19 August 2020, Wednesday

Index-based stocks surged in Indian stock markets today amid US President Donald Trump canceling talks with China and tightening controls on Chinese companies amid global tensions on the US-China front. However, the positive recovery of the monsoon in the country and the resumption of large-scale industrial units and the positive impact of the various stimulus-packages offered by the central government in the coming days, the economic recovery in the coming days, the market sentiment remained bullish. Banking-Finance stocks rose for the second day in a row as Reliance Industries announced its acquisition of NetMedes in the e-commerce sector for Rs 30 crore and now expects more acquisitions in the retail sector. Along with this, funds were also being sought in the real estate sector in anticipation of recovery. Profit booking was done in FMCG, Pharma-Healthcare, IT stocks. At the end of the day, the Sensex was up 2.3 points at 313.6 and the Nifty spot was up 3.06 points at 11,606.60.

Sensex plunges 3 points to 20

Trading started today with a gap up opening. The BSE benchmark Sensex opened at 2.4 against the previous close of 7.5. , Larsen, Mahindra & Mahindra, among others, reached an all-time high of 3.31. After hitting a high of 200 points for a long time, it dropped from a high of 20.5 to 20.5. At the end of the recovery with an increase of 3.6 points to close at 212.5.

Nifty plummeted to 1160 at the top and 114 at the bottom

The NSE's Nifty spot opened at 114.15 against the previous close of 114.9. Ltd., including State Bank, and Gail India, Bharti Airtel, IOC, UPL, Maruti Suzuki, Shree Cement, Ultratech Cement, BPCL, Hero MotoCorp, Infratel, Asian Paint, among others, rose to 1,130.15 per cent in the first quarter. Came up to .10. At the end of the last half hour, it rose by 8.05 points to close at 11,606.50.

Technically near Nifty bullish trend: 108 close stop loss loses near focus

Technically the chart is showing a near trend up-rally in the Nifty. According to the chart, the closing stop loss of 108 in the Nifty spot is showing signs of recovery.

August Nifty futures rise from 11.5 to 117 at the end of 11.2: Bank Nifty futures rise to 215

The Nifty August futures opened at 11,6.5 against 11,6.5, fell to 11,608.50 and reached 11,9.50, ending at 11,8. The Bank Nifty August futures opened at 9,620 against 9,17.50, fell to 2,812.50, reached 8,9.15 and closed at 7,615. In the weekly call-put options of August 30 expiry, the Nifty 11,600 call opened at 3 points against 19.50, fell to 8.30 and closed at 11.10.

Nifty 11,800 put down from 7.50 to 7.30: Nifty 11,800 put down from 7.50 to 7.10

The Nifty opened at 21.30 against the 30-day call of 11,400 at 11,400, fell to 6 at the top and fell to 6.5 at the end. The Nifty 11,600 put opened at 9 against 2.30, fell to 2.4 at the top and ended at 8.10. Bank Nifty opened at 105.05 against 9,600 calls at 2.15, fell to 31.5 and reached 120.5 at the end of the day. The Nifty 11,600 call opened at 3.05 against 7.5 and came down to 1.3 at 1.50.

Reliance Industries acquires NetMeds for Rs 20 crore

Shares of Reliance Industries rose by Rs 13.5 to Rs 512.50 yesterday after the acquisition of NetMeds in the e-commerce sector for Rs 20 crore and a major move in the medicine sector. Along with this, funds were also being taken in anticipation of further acquisitions in the retail sector by Reliance Industries. Futures Retail jumped Rs 15.50 to Rs 115.15.

Banking-Finance stocks rise: Federal Bank, ICICI Bank, CSB Bank, Shriram City Union, PNB How.

Banking-finance stocks maintained a pick-up trend today. Federal Bank rose by Rs 1.50 to Rs 2.50, ICICI Bank by Rs 4.5 to Rs 4.5, RBL Bank by Rs 4.5 to Rs 12.5, HDFC Bank by Rs 10.5 State Bank of India rose by Rs 5 to Rs 13.10, CSB Bank jumped by Rs 4.5 to Rs 4.5, Shriram City Union rose by Rs 2.50 to Rs 4.5, PNB Housing finance rose by Rs 19.5 to Rs 2.8, MCX by Rs 4.5 to Rs 1,205.5, LIC housing finance by Rs 4.5 to Rs 2.50.

Capital goods, consumer durables stocks rise: Finolex Cables, Grindwell, ABB, Orient, Voltas rise

Consumer durables stocks, along with capital goods-power stocks, were also the choice of funds today. Finolex Cables rose by Rs 11.50 to Rs 2.50, Graphite by Rs 2.50 to Rs 12.5, Grindwell Norton by Rs 15.5 to Rs 7.5, ABB by Rs 4.5 to Rs. 71.50. Among consumer durables stocks, Oriental Electric rose by Rs 2.50 to Rs 19.05, Voltas by Rs 3.15 to Rs 20 and TTK Prestige by Rs 4.5 to Rs 206.5.

Auto component, attraction in auto stocks: Cummins, Verok, Maruti Suzuki, Balakrishnan Industries, Hero MotoCorp

Shares of auto components companies rose sharply on demand for tax simplification by the industry with a fall of 11.5 per cent in FY2030, along with a decline in vehicle sales over the hard days of the automobile industry. Cummins India rose by Rs 11.5 to Rs 31.50, Balakrishna Industries by Rs 2.50 to Rs 19.50, Maruti Suzuki by Rs 100.5 to Rs 4.5, Hero MotoCorp by Rs 19.50. Rs 2.50, Verok Engineering jumped Rs 2.10 to Rs 21.5, Minda Industries rose Rs 2.50 to Rs 219.50, Mahindra CIE rose Rs 4.05 to Rs 15, Atul rose Rs 5. Rs 715, Force Motor by Rs 2.10 to Rs 105.15, LG Balakrishnan Brothers by Rs 3 to Rs 4.5.

Despite the poor results of Zee Enter. After 12, the highest volume of 4.5 crore shares jumped by Rs

Zee Entertainment Enterprises Ltd's net profit for the first quarter ended June 2030 fell 3 per cent to Rs 3 crore from Rs 20 crore and total revenue fell 4 per cent to Rs 4,118 crore. In addition, there were 2.3 lakh stocks on the BSE and more than 12.5 crore stocks on the NSE, a massive volume of 12.5 crore stocks on both the exchanges, which jumped by Rs 2.10 to Rs 19.05. Reliance's entry-acquisition in Zee Group was discussed in the market today.

Sensex declines include Bajaj Auto, ONGC, Nestle India, Bajaj Finserv, Kotak Bank

Among the Sensex decliners today, Bajaj Auto fell by Rs 4.5 to Rs 2,091.10, ONGC by Rs 1.10 to Rs 2.50, Nestle India by Rs 200.5 to Rs 15,9.50, Hindustan Unilever by Rs. Kotak Mahindra Bank fell by Rs 12.5 to Rs 12.5, Infosys by Rs 4.5 to Rs 2.50, Tata Steel by Rs 4.5 to Rs 21. .50, Bajaj Finserv was down by Rs.

૪૩૨ Only buyers in stocks bullish circuit: Small, mid-cap stocks broadly bullish: 12 stocks closed positive

Market breadth was extremely positive today as small, mid-cap, cash stocks, funds, high networth investors, players continued to take a wide storming today. Out of the total 6 scrips traded on the BSE, the number of gainers was 16 and the number of declines was 6. The only seller in 201 stocks was the lower circuit against the upper circuit of the only buyer in 6 stocks.

Boom in IRB Infra., PML, Kanpur Plast, Super House, GSTL, Jyoti Resins

In small, mid-cap and cash stocks, KM Sugar jumped Rs 4.05 to Rs 12.15 today, PML jumped Rs 20.9 to Rs 19.50, Super House rose Rs 12.50 to Rs 104.10, Kanpur. Plast rose by Rs 12.5 to Rs 4.5, GSTL by Rs 13.5 to Rs 113.50, Jyoti Resins by Rs 4.50 to Rs 4.5, RatanIndia Infrastructure-RTN Infrastructure Shares of more than 1.5 crore stocks rose by Rs 6.50, FluDoMate by Rs 10.8 to Rs 104.5 and IRB Infra by Rs 13.5 to Rs 131.50.

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

FIIs-foreign institutional investors, foreign portfolio investors made net purchases of Rs 3.01 crore in the cash segment today-Wednesday. A total of Rs 4.5 crore was sold against a total purchase of Rs 4.5 crore. On the other hand, DII-domestic institutional investors today saw a net sale of Rs 2.19 crore in cash. A total of Rs 4.5 crore was sold against a total purchase of Rs 4.5 crore.