The Sensex fell 65.66 points to 37,668

(Gujarat News Correspondent) Mumbai, Ta. 23 September 2020, Wednesday

With the steady rise in corona transition in the country, the global front is also considering re-imposing lockdown as corona cases escalate and the global economic situation is worsening on the economic front and US-China tensions escalate with recovery in futures in US markets. For the second day in a row, index-based volatility was observed. India's first major agricultural reform bill was passed in both Houses of Parliament amid opposition, but the bill, which now radically changes labor laws, was passed today, but the economic reforms have had a negative rather than a positive effect on the market today. Of course, the passage of the bill to meet the demand of investors to amend the Labor Act to attract foreign investment in the country, including manufacturing, is expected to lead to a huge increase in capital investment in India. However, selling of pharmaceuticals, telecom, oil-gas and IT stocks at the end of the day on the back of index-based funds today saw the Sensex fall 4.5 points to 3.7 and the Nifty spot down 21.20 points to close at 11,171. In two days, a huge net sale of Rs 5,000 crore worth of FII-FPI shares has taken place. Of this, Rs 415 crore was net sold on Wednesday and Rs 203 crore on Tuesday.

The Sensex fell by 3 points at the end of Fungolai in the 200-point range of 3150 to 315.

The trading started today with a deceptively strong. The Sensex had risen 311.5 in the pre-opening against the previous close of 8.05 to 4,160.05. Reliance Industries announces Rs 30 crore investment by US private equity giant KKR in Reliance Retail, a retail unit of Reliance Industries, led by Reliance, has launched a postpaid telecom plan by Geo to boost rivals Bharti Airtel and Vodafone Idea. FMCG stocks including Nestle India, Hindustan Unilever as well as Maruti Suzuki, Titan will be sold to Telecom stocks including Bharti Airtel after approaching 209 and Shapurji Palonji family in Tata Sons to hold holding mortgages in Tavati IndusInd Bank, Bajaj Finance, State Bank of India, ICICI Bank, Bajaj Finserv, Bajaj Finance, HDFC Limited, Sun Pharma, ONGC, NTPC, ITC, Tech Mahindra, UltraC. The point was down to 212.05. Frontline stocks rallied in the positive zone with short covering from the downtrend and fell into the positive zone again, falling 3.8 points to close at 7.5.

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

Technically Nifty is showing a near trend downward. It is being shown that the Nifty spot needs to close above 115 for a new rally in the near term.

Nifty spot down 5 points at 11171

NSE's Nifty spot opened at 114.5 against the previous close of 1113.5 and Reliance Industries, IT stocks rose sharply to 114.5. Telecom shares to be sold to Bharti Airtel, Infratel and Tata Steel, TCS, IndusInd Bank, Power Grid Corp, NTPC, Zee, ONGC, Adani Ports, Bajaj Finance, Tata Motors, Cipla, Dr. Reddys Labs, Sales of Bajaj Finserv, including BPCL, fell to 1,109.50 and ended at 21,171.9, down 31.50 points.

Sept. Nifty futures rise to 115, fall to 1107: Bank Nifty futures rise to 31,200

Nifty-based in derivatives saw extraordinary fluctuations for the second day in a row today. The Nifty September futures opened at 11,9.50 against 11,12.05, fell to 11,05.50 and ended at 11,12.50. The Bank Nifty September futures opened at 31,50.50 against 31,12.5, fell to 31,8.5 from the previous high of 30,50 and finally rose to 31,400.

Reliance Jio's lucrative postpaid plan erodes Vodafone-Idea, Bharti Airtel

Reliance Jio's offer of cheaper and attractive postpaid plans to its telecom customers and new customers compared to its rivals Vodafone-Idea and Bharti Airtel, and the offer of a smart phone at a price of Rs 5,000, ripped through rival telecom stocks today. Shares of Vodafone Idea fell 10 per cent, or Rs 1.05, to Rs 4.5. While Bharti Airtel fell by Rs 2.15 to Rs 3.50, Infratel fell by Rs 15.5 to Rs 19.05.

Healthcare stocks erode again: JB Chemicals breaks Rs 5 Jubilant, Laurus, plays down: Pfizer rises Rs 15

Shares of healthcare-pharmaceuticals companies traded higher again today. JB Chemicals & Pharma down Rs 2.50 to Rs 21.5, Jubilant down Rs 2.05 to Rs 5, Laurus Lab down Rs 4.5 to Rs 19.50, Natco Pharma down Rs 5 to Rs 20 .40, Torrent Pharma down Rs. 5 to Rs. 2.50, Lupine down Rs. 8 to Rs. 1013, Alchem ​​down Rs. 20.50 to Rs. 2.50, Diviz Lab down Rs. , Sun Pharma fell by Rs 2.50 to Rs 303.5. Of course, amid reports of good progress in testing of the corona vaccine by Pfizer, the stock has risen by Rs 15 to Rs 316.5, Sequential Scientific by Rs 3.05 to Rs 151, RPG Life by Rs 13.5 to Rs 4.5, Alembic Ltd. increased by Rs. 2.50 to Rs. 107.5, Apollo Hospital increased by Rs. 6.05 to Rs. 15, Sanofi increased by Rs. 12.5 to Rs. 2.50, Ipka Lab increased by Rs. .6 were.

ONGC, Petronet, HPCL, BPCL down on sell-off in crude oil prices

International crude oil prices continued to soften, with Brent crude hovering near 61.8 and Nymex crude hovering around ૫ 2.50. Oil-gas stocks continued to sell today. ONGC fell by Rs 1.2 to Rs 4.5, Petronet LNG fell by Rs 2.50 to Rs 219.50, HPCL fell by Rs 4.5 to Rs 12.5, BPCL fell by Rs 2.5 to Rs 5 .50 were.

Shares of GMM Fodler 10% lower circuit: Offer for sale result at Rs 500

Shares of GMM Fodler fell by Rs 41.50 to Rs 2.50 in a 10 per cent lower circuit for the second day in a row after rising 30 per cent in the last one year and 200 per cent so far. Panic selling took place when the company set the floor price for the offer for sale at Rs 200 per share, lower than the current market price of the company's shares.

Selective rise in consumer durables stocks: Crompton, Rajesh Exports, Titan, TTK Prestige rise

Consumer durables stocks were also the choice of funds today. Crompton rose by Rs 2.50 to Rs 5, Voltas by Rs 4.5 to Rs 2.50, Rajesh Exports by Rs 4.5 to Rs 2.50, Titan by Rs 10.8 to Rs 1116.5 , TTK Prestige rose by Rs 4.5 to Rs 212.5.

Reliance Industries rises Rs 15 to Rs 20: KKR invests Rs 20 crore in Reliance Retail

Reliance Industries' retail unit Reliance Retail Ventures had earlier invested Rs 500 crore in the unit, after US private equity giant investor KKR announced an investment of Rs 20 crore in the unit. Was. Along with this, Reliance Jio has introduced attractive postpaid plans in telecom for its customers.

FMCG stocks include Globus Spirit, Bajaj Consumer, Hindustan Unilever, Nestle India

FMCG stocks were again actively taking funds, experts today. Globus Spirit jumped by Rs 13.5 to Rs 7.5, Bajaj Consumer by Rs 4.5 to Rs 19.50, VST Industries by Rs 20.50 to Rs 20, Godfrey Philip by Rs 2.50 to Rs. 8, Advance Enzyme increased by Rs. 8 to Rs. 4.5, Vadilal Industries increased by Rs. 19.50 to Rs. 2.50, Hindustan Unilever increased by Rs. 2.50 to Rs. 206.5, Britannia increased by Rs. Nestle India rose by Rs 13.50 to Rs 13,8.5.

Despite selective rally in small, mid-cap stocks, only seller circuit in 213 stocks: 1917 stocks negative

Small, mid-cap, cash stocks, funds, operators, players' stocks of choice today, but many stocks continued to sell, but the market breadth deteriorated. Out of the total 6 scrips traded on the BSE, the number of gainers was 1913 and the number of decliners was 1913. The only seller in 211 stocks was the lower circuit, as opposed to the upper circuit of the only buyer in 131 stocks.

FPIs / FII's net sale of shares worth Rs 512 crore in cash: DII's cash purchase of Rs 15 crore

FIIs - Foreign institutional investors, foreign portfolio investors - FPIs today (Wednesday) saw a net sale of shares worth Rs 512.5 crore in the cash segment. A total of Rs 4,108.81 crore was sold against a total purchase of Rs 4,160.05 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 3.01 crore was sold against a total purchase of Rs 216.5 crore. Thus, in two days, a huge net sale of Rs 5,000 crore worth of FII-FPI shares has taken place.