Lockdown again in Europe: Sensex fell by 812 points to 38034
(Gujarat News Correspondent) Mumbai, Ta. 21 September 2020, Monday
As the world struggles to recover from the outbreak of coronavirus, no concrete vaccine has yet been discovered. Global markets rallied behind European countries today amid reports of a resumption of lockdowns in the UK capital, London. With the closure of Indian Air India's services from Hong Kong and Gulf countries, shares of HSBC and Stanchart have also been traded in Asia-Pacific amid reports of suspicious funds being manipulated by these banks. As the Indian economy continues to deteriorate due to the Corona era, governments have to borrow heavily to the tune of Rs 4,000 crore. Foreign funds, in anticipation of massive offloading of stocks, today raised the market capitalization of investors by Rs. 20 lakh crore was eroded. Pharmaceuticals-Healthcare, Banking-Finance, Consumer Durables, FMCG with hammering in automobile stocks, Metal-Capital Goods, Off-loading in Oil-Gas stocks. 11,9.50 were closed. The US dollar had lost 7 paise to Rs 4.5 against the rupee today. International crude oil prices softened today to close at ન્ટ 6.5 for Brent crude and. 70.15 for Nymex crude.
Sensex loses 206 points intra-day to close at 6,000
Trading started strong today. The 30-share barometer Sensex opened higher at 218.5 against the previous close of 7.5 and rose to 30.8 after showing cautious volatility. Banking-finance stocks like IndusInd Bank, ICICI Bank, Axis Bank, Bajaj Finance, Bajaj Finserv, State Bank of India, HDFC Bank, HDFC Ltd., Reliance India, Sun Pharma, Hindustan Unilever, Larsen, Bharti Airtel, among others, started falling by 203.5 points to close at 5.5, falling 311.5 points to close at 203.18.
Nifty spot preparing to lose 11,800 levels: down 11 points
NSE's Nifty spot opened at 11,606.50 against the previous close of 11,606.9, showing narrow fluctuations in the beginning. Banking-Finance, Metal stocks Hindalco, Tata Steel, JSW Steel as well as Cipla in pharma stocks, Dr Reddy's Lab, Sun Pharma with Offloading and FMCG shares in F-VCG Auto stocks Mahindra, Maruti Suzuki, Tata Motors offloaded and Bharti Airtel, Infratel and other stocks fell to 11,712.50 and closed at 119.30, down 3.8 points.
Technically close trend down: Nifty spot needs to close above 114 for a new rally
The technically Nifty based close trend is now showing down on the chart. For a new rally, the Nifty spot will need to close above 115.
3-point crash in Bangkok: IndusInd, Bandhan, Axis, ICICI fell
With the government losing GST revenue, the state government will now be forced to borrow up to Rs 2,000 crore from the RBI or the open market, and the Koro epidemic has crippled industries-corporate India, a clear indication of more defaulters in loans. There were gaps in the stocks today. The BSE Bankex Index fell 2.4 points to close at 7.5. IndusInd Bank fell by Rs 2.15 to Rs 20.50, Bandhan Bank by Rs 21.5 to Rs 4.5, RBL Bank by Rs 11.5 to Rs 19.10, ICICI Bank by Rs 19.05 Rs 30.9, Axis Bank fell by Rs 20.05 to Rs 2.7, State Bank of India fell by Rs 2.50 to Rs 19.50, HDFC Bank fell by Rs 2.50 to Rs 105.50. Were.
Healthcare stocks break: Suven, Alembic, Glenmark, Piramal, Cipla, Dr. Reddy's fall
The health of healthcare-pharma suite companies deteriorated today and the funds sold all round. Hikeal fell by Rs 12.5 to Rs 120.5, Suven by Rs 2.50 to Rs 30.9, FDC by Rs 4.5 to Rs 30.50, Sequence by Rs 11.05 to Rs 150. 07, Glenmark fell by Rs 2.50 to Rs 2.15, Newland Lab fell by Rs 4.5 to Rs 1111.50, Torrent Pharma fell by Rs 121.5 to Rs 301.5, Lalpath Lab fell by Rs 119.50. Decreased to Rs. Piramal Enterprises fell by Rs 4.5 to Rs 12.5, Biocon by Rs 4.5 to Rs 4.5, Cipla by Rs 2.15 to Rs 2.50, JB Chemicals by Rs 21.5 to Rs. 15, Metropolis fell by Rs 101.5 to Rs 19.50, Lupine fell by Rs 5 to Rs 105.50, Sun Pharma fell by Rs 19.50 to Rs 206.5, Ipka Lab fell by Rs 21.50 to Rs. 2031.9, Abbott India Rs. 15,200, Dr. Reddy's Lab Rs. 14.50 fell to Rs. 219.50, Pfizer fell by Rs. 18.5 to Rs.
Erosion in finance stocks: Indiabulls, Centrum, DCB Bank, MCX break
Funds were to sell all round today in finance stocks. Indiabulls Housing Finance fell by Rs 4.5 to Rs 12.50, Centrum fell by Rs 1.5 to Rs 19.10, Shriram City Union fell by Rs 4.5 to Rs 5, DCB Bank fell by Rs 2.50 to Rs. .2.5, Birla Money fell by Rs. 4.5 to Rs. 20.05, AB Capital fell by Rs. 3.50 to Rs. 4.5, MCX fell by Rs. 114.5 to Rs. 18.05, Edelweiss fell by Rs. 2.3 to Rs. 4.5, IIFL fell by Rs. 3.5 to Rs. 4, Bajaj Finance fell by Rs. 18.50 to Rs.
Lockdown in UK again: Tata Motors down Rs 11: Ashok Leyland, Maruti, Gabdaya
Auto stocks plunged today amid a resurgence of corona virus cases in the UK and preparations for another lockdown in other European countries. Tata Motors fell by Rs 10.50 to Rs 19.50, Motherson Sumi fell by Rs 4.5 to Rs 114.15, Balakrishna Industries fell by Rs 4.5 to Rs 1,307.5 and Ashok Leyland fell by Rs 2.50. Rs 2.50, MRF fell by Rs 4.5 to Rs 5,105.
Reliance Industries down Rs 20 to Rs 5: ONGC, IOC, BPCL down
Oil and gas stocks were expected to sell higher today on the back of a slowdown in global crude oil prices. ONGC down Rs 2.10 to Rs 21.15, Gail India down Rs 4.5 to Rs 2.15, IOC down Rs 9 to Rs 4.5, GSPL down Rs 2.50 to Rs 205.10 BPCL fell by Rs 10.3 to Rs 310.5 and Reliance Industries by Rs 20.5 to Rs 3.15.
FPIs / FIIs to sell Rs 50 crore worth of shares in cash: DIIs to sell Rs 216 crore in cash
FIIs - Foreign institutional investors, foreign portfolio investors - FPIs today (Monday) saw a net sale of shares worth Rs 4.31 crore in the cash segment. A total of Rs 30.81 crore was sold against a total purchase of Rs 20.50 crore. On the other hand, DIIs-domestic institutional investors today saw a net sale of Rs 216.5 crore in cash. A total of Rs 21.15 crore was sold against a total purchase of Rs 4.5 crore.
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