1066 points gap in the Sensex

(Gujarat News Correspondent) Mumbai, Thursday

As the second wave of Corona transition in the world started in European countries, global stock markets erupted today with the erosion in global markets as Europe declared a health emergency in London, Paris, Berlin and again announced a strict lockdown. The second-wave corona outbreak is expected to be more dangerous in Indonesia, with Indonesia being heavily infected with the corona in Southeast Asia and the first wave still raging in India, raising concerns about a resurgence of corona outbreaks in the coming cold days. With the country's economic situation deteriorating day by day and it is no longer easy to provide more stimulus, economists are worrying about the dire situation. Funds today booked huge profits in Reliance Industries along with off-loading of funds in banking-finance, IT-software services stocks. Was. Along with this, pharma, auto, power, FMCG and oil stocks fell by 104.5 points to close at 5.31 and the Nifty spot fell by 30.50 points to close at 1160.8. International crude oil prices also fell this evening, with Brent crude falling ૧ 1.6 a barrel to close at ૪ 61.8 and Nymex crude falling ૪૭ 1.6 to ૫૭ 2.3.

Sensex opens at 6,109, down 5 points, down 105 points

The trading started today with a deceptive gap up opening. The Sensex reversed from the previous close of 205.8 to open at 2105.05 against the previous close of 308.8 in banking-finance stocks in Bajaj Finance, Bajaj Finserv, IndusInd Bank, ICICI Bank, State Bank of India, HDFC Bank, Ekdoc Bank At a time when IT stocks such as Tech Mahindra, HCL Technology, TCS, Infosys were hit hard and Reliance Industries, Bharti Airtel, Sun Pharma, Larsen & Toubro, Maruti Suzuki and others were down, the Sensex plunged as low as 9.5 per cent. It was closed at 7.31.

Nifty spot reaches 1908 and also loses the level of 11200: finally fell 30 points to 1130

NSE's Nifty Spot Index opened at 1,409.8 against the previous close of 1,131.05 and returned to 1407.8 at the beginning. In Bharti Airtel, Tata Motors, Larsen, Shree Cement, off-loading and IT stocks including Tech Mahindra, HCL Technology, TCS, Wipro, Infosys fell by one point to 1171.50 and finally fell by 30.50 points to close at 1150.

Nifty October futures fall from 11.5 to 11.5: Bank Nifty futures fall from 9,51 to 8,05

Nifty based in derivatives crashed today. The Nifty October futures opened at 11,9.20 against 11,9.5, fell to 11,9.5 and fell to 11,9.50 and ended at 11,8. The Bank Nifty October futures opened at 8,040 against 9,51.05, fell to 7,120 and closed at 8,0.50, ending at 5,09.5.

Strong downward reversal in technically Nifty spot: 1160 Strong support: Closing above 1605 required for rally

Technically the near trend in the Nifty spot is a strong downward reversal. The Nifty will need to close above 19,05 to take a new bullish position nearby. The Nifty spot is showing strong closing support level of 1140. While technically the Bank Nifty spot is also showing a near trend downward reversal. For a technically new bullish long position, Bank Nifty Spot 2020 will need to be closed. While strong closing support 2100 is being shown.

Bankex index down 3 points: Bandhan Bank, IndusInd Bank, ICICI Bank, State Bank down

The BSE Bankex Index fell 3.4 points to close at 314.5 today on the back of an extraordinary crash in banking and finance stocks. Banking stocks were heavily offloaded in the coming days as banks were forced to waive interest on loans in the loan moratorium, with estimates that the condition of banks would worsen in the coming days and the central government's condition would weaken. Bandhan Bank fell by Rs 15 to Rs 205.50, Indind Bank fell by Rs 4.5 to Rs 2.50, ICICI Bank fell by Rs 19.50 to Rs 30.50, State Bank of India fell by Rs 2.50. HDFC Bank fell by Rs 21.50 to Rs 115.15, RBL Bank fell by Rs 2.50 to Rs 19.10, Kotak Mahindra Bank fell by Rs 4.5 to Rs 1,205, Federal Bank by Rs Axis Bank was down Rs 2.15 at Rs 2.8.

Repco Home Fi. Rs.11, Shriram Transport, Chaula Fin, Magma, Canfin, Mannapuram, Bajaj Finance, Bajaj Finserv broke.

There was a massive offloading in finance stocks today. Repco Home Finance fell by Rs 11.05 to Rs 19, Shriram Transport Finance fell by Rs 4.5 to Rs 4.5, Chaula Fin fell by Rs 19.50 to Rs 4.05, Magma fell by Rs 1.50 to Rs. 2.3, Canfin Home down Rs 4.5 to Rs 3.05, Bajaj Finance down Rs 19.50 to Rs 219.50, Mannapuram down Rs 2.50 to Rs 19, IDFC First Bank down Rs 1 Bajaj Finserv was down by Rs 20.50 to Rs 200.5, LIC Housing Finance was down by Rs 4.5 to Rs 4.5.

IT Index down 3 points: MindTree down Rs 15: Tech Mahindra, Coforge, HCL, TCS down

Shares of IT-software services companies rebounded on the back of a sell-off today. The BSE IT index fell by 3.08 points to close at 31,412.5. MindTree fell by Rs 12.5 to Rs 12.5, Tech Mahindra fell by Rs 2.50 to Rs 313.50, Coforge fell by Rs 4.5 to Rs 209.50, HCL Technology fell by Rs 20.5 to Rs. .3, TCS fell by Rs. 31.10 to Rs. 2.50, Infosys fell by Rs. 2.10 to Rs. 1,105, Wipro fell by Rs. 2.5 to Rs. 31.50, Emphasis fell by Rs. 20.15 to Rs. .50, L&T Infotech fell by Rs. 12.50 to Rs. The US dollar had gained 3 paise to Rs 4.5 against the rupee today.

Reliance Industries plunges after record highs

After a record rally in recent days in Reliance Industries, the stock fell by Rs 41.50 to Rs 303.5 today on a sell-off. Following the deal with Future Group, there was talk of Amazon now suing Future Group and reports that the deal with Reliance Retail had stalled in the retail sector.

Exit in Healthcare-Pharma stocks: Shelby down Rs 5 to Rs 21: VVMed Lab., Newland Lab., Thyrocare, Morpen, Wockhardt down.

Shares of healthcare-pharmaceuticals companies traded higher for the fourth day in a row on the BSE Healthcare Index, down 2.6 points to close at 12.5. Shelby down Rs 3.05 to Rs 21.50, VVMed Lab down Rs 19.50, Newland Lab down Rs 4.5 to Rs 1191.50, Thyrocare down Rs 20.5 to Rs 1,009.50, Morpen Lab Rs 1.5 fell to Rs 2.15, Hikal fell by Rs 2.10 to Rs 19, Wockhardt fell by Rs 19.50 to Rs 5, Unichem Lab fell by Rs 4.5 to Rs 4.5, Piramal Enterprises Cadillac Healthcare fell by Rs 3.15 to Rs 15.5, Cadila Healthcare fell by Rs 15.5 to Rs 314.5, Lupine fell by Rs 4.5 to Rs 1,005.5, Alembic Ltd fell by Rs 2.50 to Rs 4 3.9, Biocon fell by Rs. 18 to Rs. 2.3, Aarti Drugs fell by Rs. 2.15 to Rs.

Auto sales cut again: Motherson Sumi, Tata Motors, Exide, Maruti, Mahindra

Auto stocks were sold today on estimates that automobile companies would not get the expected response to vehicle purchases during the festive season. Motherson Sumi down Rs 2.50 to Rs 105.50, Tata Motors down Rs 2.50 to Rs 15, Exide down Rs 4.5 to Rs 19.50, Bosch down Rs 210.05 to Rs 11, 6.5, Maruti Suzuki fell by Rs 121.50 to Rs 2.50, Amarraja Batteries fell by Rs 13.5 to Rs 215, MRF fell by Rs 3.05 to Rs 2,20.50.

Market crashes as expected: Erosion in small, mid-cap stocks: 3 stocks bearish circuit: 12 stocks close negative

Market breadth continued to be weak as operators, players with funds in small, mid-cap, cash stocks continued to sell widely today, with the market expected to crash at any moment. Out of the total 20 scrips traded on the BSE, the number of decliners was 16 and the number of gainers was 218. The only seller in 8 stocks was the bearish lower circuit while the only buyer in 203 stocks was the upper circuit.

Net sales of Rs 303 crore in FII cash, net sales of Rs 303 crore in DII cash

FIIs-foreign institutional investors, FPIs-foreign portfolio investors had a net sale of Rs 206.04 crore in cash today-Thursday. A total of Rs 216.5 crore was sold against a total purchase of Rs 2.18 crore. On the other hand, DIIs-domestic institutional investors today saw a net sale of Rs 206.5 crore in cash. A total of Rs 303.50 crore was sold against a total purchase of Rs 41.11 crore.

Investors' asset-market capitalization fell by Rs 4.5 lakh crore to Rs 12.51 lakh crore

The accumulated market capitalization of companies listed on the BSE was washed away by Rs 4.5 lakh crore in a single day today to Rs 17.81 lakh crore with a massive crash in stocks.

Hang Seng down 302 points, Nikkei down 114 points: European markets erode

In global markets, Hong Kong's Hang Seng Index fell by 204.5 points to 314.5 and Japan's Nikkei Index fell by 114.60 points to 307.8. In European markets, London's Futsy 100 Index was down 115 points, Germany's Dex was down 30 points and France's Cake 20 Index was down 116 points. In the US, futures were down 41 points in the Dow Jones and 150 points in the Nasdaq.

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