The Sensex fell 1115 points to 36554

(Gujarat News Correspondent) Mumbai, Ta. 24 September 2020, Thursday

The September trend in derivatives in Indian stock markets ended with a bang today. Indian markets, which have long been overbought, were on the brink of global turmoil today. Corona epidemic shakes the world Corona's new wave has raised concerns in many countries, with the US Federal Reserve warning of the need for more support for economic recovery as the world deteriorates on the economic front, with US stocks trending in Europe today. But the bang was spoken. The US dollar also rose sharply against the rupee today, with a sharp rise in the value of the US dollar against global currencies. With the state of the home economy deteriorating day by day, the government is forced to borrow from the Reserve Bank of India and the banks are in a state of disarray, with the Shapoorji Palonji Mistry family exiting the Tata Sons and parting ways with Tata today. The next day, TCS, Tata Steel followed by Tata Group stocks and all-round offloading in other stocks pushed the Sensex by more than 1,100 points and the Nifty by more than 4 points. In the end, the Sensex fell 1,118.5 points to close at 9.30 and the Nifty spot fell 2.50 points to close at 10,304.5.

Erosion of investors' wealth by Rs 2.5 lakh crore in one day: Rs 11.5 lakh crore erosion in six days

Market capitalization-investors' wealth on a consolidated basis in the stocks of companies listed on the BSE today was washed away by Rs 2.7 lakh crore in one day to Rs 17.5 lakh crore due to widespread all-round selling in stocks. It had laundered Rs 11.5 lakh crore in six days against Rs 120.05 lakh crore on September 15, 2020.

Sensex down 3 points in six trading days: down 1112 points in one day

Trading started today with the expected gap down. The Sensex opened more than 200 points higher at 6.15 against the previous close of 7.5, after funds from the US were hammering in Asian markets and stocks of Tata Group, including IT giant TCS and metal giant Tata Steel. Banking-Finance stocks include IndusInd Bank, Bajaj Finance, ICICI Bank, Bajaj Finserv, State Bank of India, Axis Bank, Kotak Bank as well as IT stocks including Infosys, Tech Mahindra and Mahindra & Mahindra, Bharti Airtel, Bajaj Otto, Bajaj Otto. With the ITC, Reliance Industries and others offloading and hammering up in the last half hour, the Sensex fell by 114.5 points to a low of 5.5 at one point and finally fell by 1,129.5 points to close at 8.30. Thus, the Sensex has declined by 3.4 points in the last six days from the level of 304.5 on September 19, 2020.

Nifty spot breaks 200 points in six days: Intra-day falls to 1140

NSE's Nifty spot opened at 11,011 against the previous close of 11,131.5, with IT giant TCS, Tech Mahindra, Infosys, HCL Technology as well as metal stocks including Tata Steel, Coal India, Hindalco and Tata Motors, Mahindra & Mahindra, Mahindra & Mahindra. Shares and Bajaj Finance, Bajaj Finserv, ICICI Bank, Axis Bank, State Bank of India, IndusInd Bank, including offloading and all-round selling in Grasim, IOC, Reliance Industries, Gail India at one stage Nifty103. At the end of Khabki, it fell by 2.50 points and closed at 10,606.9. Thus, in the last six trading days, the Nifty has broken 6 points from the level of 11204.5.

September Nifty futures fall from 115 to 10,507 settlements: Bank Nifty futures fall from 21.20 to settle at 20.8

Nifty-based in derivatives were the equivalent of many players' bullish lines in today's crash. The Nifty September futures opened at 11,018.50 against 11,12.5 and fell to 11,050 and settled at 11,203.8. The Nifty October futures opened at 11,09.50 against 11,12.5 and fell to 11,030 and closed at 10,612.5, ending at 10,40. The Bank Nifty September futures opened at 30,31.15 against 31,50.3, fell to 20,8.50 and settled at 30,8.10 and finally settled at 30,9.10. The Bank Nifty October futures opened at 20.8 against 31.3.5, fell to 20,8.50 and fell to 30,8.5 at the end of 30,60.

Technically down trend near Nifty: Nifty spot needed to close above 114 for new rally

Technically Nifty is showing a near trend downward. The Nifty needs to close above Nifty Spot 114 for a new rally in the near term.

IT index down 3 points: TCS down Rs 15, Emphases down Rs 5, Infosys down Rs 5

The BSE IT index fell 3.4 points to close at 1,307.05, as funds overloaded heavily behind TCS in overbought IT-software services stocks today, despite the US dollar jumping 3 paise to Rs 2.50 against the rupee. Emphasis down Rs 2.50 to Rs 150, Tech Mahindra down Rs 2.50 to Rs 5, TCS down Rs 19.5 to Rs 41.50, Infosys down Rs 2.50 to Rs 4.5, MindTree HCL Technology down Rs 4.50, HCL Technology down Rs 2.50 to Rs 3.05, Wipro down Rs 2.50 to Rs 205.50, Oracle Finserv down Rs 4.5 to Rs 20 .50 were.

Uninterrupted gaps in banking stocks: IndusInd Bank loses Rs 5: Federal, ICICI, Axis fall

In banking stocks too, the BSE Bankex Index fell by 31.5 points to close at 8.5.5 today, with funds hammering all-round. IndusInd Bank fell by Rs 4.5 to Rs 30.50, Federal Bank fell by Rs 2.50 to Rs 4.5, RBL Bank fell by Rs 4.5 to Rs 19.50, ICICI Bank fell by Rs 12.50. Rs 2.50, Bandhan Bank down Rs 11.50 to Rs 3.10, Axis Bank down Rs 19.50 to Rs 209.50, Kotak Mahindra Bank down Rs 4.5 to Rs 12.50, HDFC Banks fell by Rs 19.50 to Rs 104.5.

Erosion in finance stocks: Indiabulls down Rs 15 to Rs 15: Shriram Transport, Bajaj Finance tumble

Even in finance stocks, the BSE Finance Index fell by 19.15 points to close at 7.5 today as funds and experts offloaded all round. Indiabulls Housing Finance fell by Rs 19.5 to Rs 12.5, Shriram Transport Finance fell by Rs 2.50 to Rs 4.5, Bajaj Finance fell by Rs 214.5 to Rs 209.50, IDFC Ltd fell by Rs 4. Rs 4.5, L&T Finance down Rs 2.50 to Rs 4.5, Edelweiss down Rs 2.50 to Rs 3.05, LIC Housing Finance down Rs 19.50 to Rs 21.50, Bajaj Finserv fell by Rs 4.5 to Rs 2.50, Tata Investment by Rs 2.50 to Rs 314.50, Canfin Home by Rs 15 to Rs 209.5, PNB Gilt by Rs 1.50 to Rs. 8.30.

Big gaps in auto stocks: Ashok Leyland, Tata Motors, Mahindra, Maruti, Cummins, MRF, Eicher

Despite the monsoon being very successful in the country, hammering in automobile stocks caused huge gaps as the demand for vehicles is likely to slow down amid rising lockdown cases and worsening economic conditions. Ashok Leyland fell by Rs 2.50 to Rs 2.50, Tata Motors by Rs 4.5 to Rs 19.50, Mahindra & Mahindra by Rs 4.05 to Rs 4.5, Motherson Sumi by Rs 4.5 Down to Rs 105.50, Maruti Suzuki down Rs 206.5 to Rs 4.5, Balakrishna Industries down Rs 21.5 to Rs 1,305.50, Bosch down Rs 20.50 to Rs 15,60, Bajaj Auto down Rs 31.50 to Rs. 219.05, MRF fell by Rs. 18.5 to Rs. 2,50, Eicher Motors fell by Rs. 2.50 to Rs. The BSE Auto Index fell by 313.8 points to close at 161.15.

Continuous offloading in pharma-healthcare stocks: Haykal, Narayan Hudalya, Laurus, Cipla, Alembic fell

Even in pharma-healthcare stocks, the funds continued to sell big today. Hikeal fell by Rs 11.10 to Rs 151.50, Narayan Hudalya fell by Rs 15.5 to Rs 205.50, Nectarlife fell by Rs 1.2 to Rs 20.5, Laurus Lab fell by Rs 2.50 to Rs. 161.50, Aurobindo Pharma down Rs. 4.5 to Rs. 3.5, Cipla down Rs. 3.10 to Rs. 2.50, FDC down Rs. 15.5 to Rs. 2.15, Diviz Lab Rs. 30 fell to Rs. 2091.9, Piramal Enterprises fell by Rs. 2.50 to Rs. 117.50, Biocon fell by Rs. 18.50 to Rs.

Reliance down Rs 5 to Rs 4,151: IOC, Indraprastha Gas, Gail, BPCL, HPCL down

Funds were also selling in oil and gas stocks today. Reliance Industries fell by Rs 2.50 to Rs 4,191.15, IOC by Rs 3.05 to Rs 21.5, Indraprastha Gas by Rs 19.05 to Rs 2.50, Gail India by Rs 4.5 to Rs 2.3, BPCL fell by Rs 10.8 to Rs 4.5, HPCL fell by Rs 4.5 to Rs 19.50, ONGC's Hazira in Surat fell by Rs 1.2 to Rs 2.50. .

Erosion in metal-mining stocks: Tata Steel down Rs 15: Jindal Steel, Sail, Nalco, NMDC down

With the erosion in global markets, the softening on the London Metal Exchange also saw metal-mining stocks sell out today. Jindal Steel fell by Rs 11.5 to Rs 19.15, Sail by Rs 5 to Rs 2.50, Nalco by Rs 1.3 to Rs 20.10, NMDC by Rs 4.5 to Rs 4.5 , Tata Steel down Rs 14.50 to Rs 4.5, Coal India down Rs 4.5 to Rs 115.50, Hindalco down Rs 2.50 to Rs 19.05, JSW Steel down Rs 4.5 2.8.

Small, mid-cap stocks tumble: 31 stocks bear bearish only seller's circuit: 203 stocks close negative

Funds, operators, players in small, mid cap, cash stocks continued to sell in many stocks today and the market breadth remained bad. Out of the total 215 scrips traded on the BSE, the number of gainers was 9 and the number of losers was 203. Only 16 stocks had a bearish upper circuit while 21 stocks had a bearish lower circuit.

FPIs / FIIs sell net worth Rs 15 crore in cash: DII sells net worth Rs 12 crore in cash

FIIs - Foreign institutional investors, foreign portfolio investors - FPIs today (Thursday) saw a net sale of Rs 13.5 crore worth of shares in the cash segment. A total of Rs 212.31 crore was sold against a total purchase of Rs 301.5 crore. On the other hand, DIIs-domestic institutional investors made a net purchase of Rs 12.5 crore in cash today. A total of Rs 20.8 crore was sold against a total purchase of Rs 2.08 crore. Thus, in three days, a huge net sale of FII-FPIs worth Rs 3 crore has taken place.

Hang Seng down 3 points, Nikkei down 2 points in global markets: US markets soften

In global markets, the Hang Seng Index of the Hong Kong Stock Exchange fell by 31.8 points to 311.05, the Nikkei of the Tokyo Stock Exchange of Japan fell by 7.5 points to 2,04.5 and the London Stock Exchange fell by 5 points. In US markets, the Dow Jones Industrial Average was down 116 points and the Nasdaq was down 106 points.