The Sensex fell 149 points to 40,558 on profit-booking of local funds

(Gujarat News Correspondent) Mumbai, Ta. Thursday, October 22, 2020

Corona cases in the US, European countries rise again and tensions between the US and China escalate due to delays in economic packages, US and European markets softening corona cases in India and recovery rate rises to close to 30 per cent. And despite signs of more stimulus measures by the central government, banking-finance stocks saw a softening today. With local funds booking profits in banking-finance stocks today, IT-software services and healthcare-pharma stocks continued to sell off and cautiousness in automobile stocks saw a decline in the index-based market from the start. However, oil-gas stocks, metal-mining stocks and power-capital goods stocks, as well as FMCG stocks, attracted the market. The Sensex fell by 12.5 points to 206.3 and the Nifty spot by 31.50 points to close at 1. Were.

Sensex falls 4 points intra-day to 20,505, down 15 points to 303

Trading started today with the expected softness. The Sensex opened at 2031.81 against the previous close of 30,096.31 and remained soft from the start. IT stocks including Infosys, Tech Mahindra, TCS, HCL Technology and Vendali Of India, Kotak Mahindra Bank, HDFC Limited and FMCG stocks, Nestle India as well as Reliance Industries, Sun Pharma, Titan, Asian Paints, Bajaj Auto, after the result, the sell-off fell by 7.5 points at one point to 203. Attendance by Bajaj Finance, NTPC, Larsen, ONGC, Tata Steel, Hindustan Unilever, ITC, Power Grid Corp, Mahindra & Mahindra fell by 12.5 points to close at 203.8.

Nifty spot loses 11,400 again: falls to 115, finally loses 21 points

NSE's Nifty spot opened at 1140 against the previous close of 119.3. Maruti Suzuki, Shree Cement, among others, fell to 117.5.

October Nifty futures fall from 11.5 to 11.5: Bank Nifty futures fall to 7.5

Nifty-based in derivatives There was talk today that funds had partially eased their bullish trading in caution. The Nifty October futures opened at 11,9.50 against 11,9.5, fell to 11,9.20 at the top and ended at 11,9.5. Bank Nifty opened at 8,600 against the October futures level of 9,6.5, fell to 8,40 from the previous close of 8,405.5 and ended at 8,9.5.

Profit booking in banking-finance stocks: SBI Cards, IndusInd Bank, Bandhan Bank declined

Banking-finance stocks saw a profit booking of funds today. IndusInd Bank fell by Rs 19.50 to Rs 205.50, Bandhan Bank by Rs 4.5 to Rs 210.5, ICICI Bank by Rs 2.50 to Rs 216.5, HDFC Bank by Rs 19.10. SBI Cards' quarterly net profit fell 5 per cent to Rs 206 crore and total revenue rose 5 per cent to Rs 216.5 crore. 14 fell to Rs. 2.50, Canfin Home fell by Rs. 18.5 to Rs. 2.15, PNB Housing Finance fell by Rs. 18.50 to Rs. 2.50, Motilal Oswal fell by Rs. 12, Chaula Holding fell by Rs 2.09 to Rs 5, Bajaj Holding fell by Rs 2.50 to Rs 205.5, IIFL fell by Rs 1.10 to Rs 4.5, Bajaj Finserv fell by Rs 2.50 to Rs. 6.50.

IT stocks continue to erode: Infosys, Coforge, Tech Mahindra, HCL fall

The BSE IT index fell 19.20 points to close at 5,140.5 as funds continued to sell in IT-software services stocks. Infosys fell by Rs 19.15 to Rs 1,150.15, L&T Infotech fell by Rs 2.50 to Rs 305, Coforge fell by Rs 2.50 to Rs 30, Tech Mahindra fell by Rs 2.50 to Rs 4. 10, HCL Technology fell by Rs 2.50 to Rs 3.10, TCS fell by Rs 4.5 to Rs 30.50.

Small-Mid Cement Stocks Rise: Sagar Cement, Cactus Cement, Deccan Cement, Sanghi Rise

Shares of small, mid-size cement companies were widely traded today. Kakatiya Cement jumped by Rs 19.50 to Rs 19.10, KCP Ltd jumped by Rs 2.50 to Rs 3.10, Udaipur Cement jumped by Rs 1.3 to Rs 19.10, Sagar Cements jumped by Rs 100.5 Andhra Cement rose by 3 paise to Rs 4.5, Sanghi Industries jumped by Rs 2.50 to Rs 4.5, Deccan Cements jumped by Rs 21.50 to Rs 5.

Metal stocks rise: Vedanta attracts Rs 103

Metal-mining stocks were the choice of funds today. Shares of Vedanta rose by Rs 4.5 to Rs 105.50 on Saturday, October 3, on the back of a dividend announcement. Hindustan Zinc rose by Rs 4.5 to Rs 2.50, Tata Steel by Rs 4.05 to Rs 206.5 and NMDC by Rs 1.50 to Rs 4.5.

Globus Spirit jumps Rs 5 to Rs 21: FMCG stocks rise: Britannia rises

FMCG stocks were selective again today. Globus Spirit jumped Rs 2.50 to Rs 21.10, DFM rose Rs 21.5 to Rs 2.50, Godfrey Phillip rose Rs 20.5 to Rs 200.50, Britannia rose Rs 2.50 to Rs. 2.3, Awadh Sugar rose by Rs 4.5 to Rs 150, Tata Coffee by Rs 2.50 to Rs 105.50, EID Perry by Rs 4.5 to Rs 4.5.

Selective rise in small, mid-cap stocks of funds: Only buyers in 3 stocks bullish circuit

Marketbroadth was positive today as small, mid-cap, cash-strapped funds, high networth investors continued to pick up today. Out of the total 6 scrips traded on the BSE, the number of gainers was 16 and the number of losers was 1,407. The only seller in 203 stocks was the lower circuit against the upper circuit of the only buyer in 6 stocks.

FIIs buy Rs 1,112 crore in cash, DIIs sell Rs 2,050 crore

FIIs-foreign institutional investors, foreign portfolio investors made a net purchase of Rs 1,114.5 crore in cash today-Thursday. Of this, a total of Rs 206.5 crore was sold against a total purchase of Rs 4.5 crore, while a net sale of Rs 5,012.5 crore was made in the cash of DII-domestic institutional investors. 2.7 crore.