The Sensex gained 86 points to 43,443
(Gujarat News Correspondent) Mumbai, Ta. 13 November 2020, Friday
The central government yesterday announced a self-reliant India 7.0 stimulus package, incentives to many industries and sectors, as well as incentives for farmers in the agricultural sector. Foreign funds reassured India Growth Story and continued to buy stocks over the weekend. . After a softening in early trading, the funds rallied in banking-finance stocks as well as stocks of metal-mining and pharmaceuticals companies, pushing the market from negative to positive. With the BJP-led victory in the Bihar Assembly elections at home and the Modi government's commendable stimulus measures as well as a resurgence of buying in the people's markets during the festive season and a change of power on the global front, Joe Biden's market is set to rise. Shares of banking-finance, metal-mining and pharmaceuticals companies rallied after the initial decline, after which the Sensex rose by 3.31 points to close at 9 and the Nifty spot rose by 2.15 points to close at 16,312.5.
The Sensex initially touched a low of 203, reached a high of 7 and finally rose 3 points to 7.
Trading started cautiously today. The Sensex opened at 8.5.5 against the previous close of 7,9.15, with IT stocks TCS, Tech Mahindra, banking-finance stocks including HDFC Bank, HDFC Ltd, IndusInd Bank and Sun Pharma, Larsen & Toubro, Bharti. , Including Mahindra & Mahindra, fell sharply to a low of 202.5. The decline took place in finance-banking stocks of the funds, including Bajaj Finserv, Bajaj Finance, State Bank of India with ICICI Bank, Axis Bank and Tata Steel, Ultratech Cements, Titan Company, Bajaj Auto, Reliance Industries, ONGC, ONGC, ONGC. , Including Asian Paints, rose 2.7 points to close at 2.4, up 2.31 points.
Nifty spot initially rose to 19,205 from 12,505 to 13,8
Tata Motors, Larsen & Toubro, HDFC Ltd, HDFC Bank, SBI Life Insurance, UPL, AdiCl, Adani Port, NSE's Nifty spot opened at 17,9.50 against the previous close of 12,20.50. Sales in Mahindra, ITC, Wipro fell to a low of Rs 12,205.50 and rebounded in finance-banking stocks including Bajaj Finserv, Bajaj Finance, ICICI Bank, Axis Bank and Coal India, Tata Steel, JSNW On the back of gains, Ultratech Cement, Reliance Industries, Grasim, Hero MotoCorp, Eicher Motors, among others, rose by 19.19.5 points to close at 13,612.8.
Nifty 12,600 call up 13.5 to 161.30: Nifty futures up 12,205 to 12,9
Nifty-based funds in derivatives rebounded today. Of course there was still talk of some funds easing bullish trading. The Nifty 12,600 call opened at 5.50 against 12.5, fell to 7.5 and reached 120, ending at 131.40. The Nifty 12,300 put opened at 105.60 against 9.30, fell to 115.50 and came down to 8.30 at the end of the day was 70.30. The Nifty 12,600 call opened at 7.5 against 4.5, fell to 20.8, went up to 8 and ended at 30.50. The Bank Nifty November futures opened at 5,12.5 against 8,412.50, fell to 8,412.50, reached 8,7.5 and closed at 8,50.8. The Nifty November futures opened at 16,9.10 against 17,205, fell to 17,612.10 and reached 12,9.30, ending at 12,9.50.
Nifty spot technically bullish trend: Focus on closing at 19130
Technically the Nifty spot is showing a near trend rally. At the Nifty spot, the closing stop loss of 12,150 has been noticed.
Bankex up 3 points: ICICI, City Union, New India Assurance, Motilal Oswal up
Banking-finance stocks were bullish again this weekend after profit-booking yesterday. The BSE Bankex Index rose 2.4 points to close at 8,412.5. Citi Union Bank rose by Rs 2.10 to Rs 12.10, ICICI Bank by Rs 2.10 to Rs 2.50, Axis Bank by Rs 10.5 to Rs 210.5, RBL Bank by Rs 2.50 It had risen by Rs 203.50, SBI by Rs 4.5 to Rs 4.5 and Kotak Mahindra Bank by Rs 11.50 to Rs 19.5. Among finance stocks, New India Assurance rose by Rs 2.50 to Rs 117.5, Repco Home Finance rose by Rs 19.15 to Rs 3.7, Indiabulls Housing Finance rose by Rs 11.05 to Rs 19.10 and Motilal Oswal rose by Rs. Citi Union Bank increased by Rs 3.50 to Rs 5.50, Citi Union Bank increased by Rs 3.10 to Rs 19.10, Care Ratings increased by Rs 30.50 to Rs 3.50, PNB Gilt increased by Rs 1.2 to Rs 5 .6 were.
Fundraiser in pharma stocks: Healthcare index rises 3 points: Apollo Hospital rises Rs 5, P&G rises Rs 5
The BSE Healthcare Index rose by 3.11 points to close at 12.3.5 as stocks of healthcare and pharmaceuticals companies were re-selected today. Apollo Hospital jumps Rs 14.5 to Rs 3.15, Fermenta rises Rs 15.5 to Rs 4.5, Procter & Gamble rises Rs 2.50 to Rs 2017.50, Fortis Healthcare rises Rs 2.50 Rs 131.5, Aarti Drugs increased by Rs 4.5 to Rs 2.50, Piramal Enterprises increased by Rs 4.5 to Rs 15, Unichem Lab increased by Rs 10.50 to Rs 4.50, Torrent Pharma increased by Rs. 106.5 increased to Rs 2.50, Syngen increased by Rs 12.50 to Rs 2.50, Biocon increased by Rs 10.50 to Rs 4.5, Diviz Lab increased by Rs 3.10 to Rs 31.15, Metropolis was up by Rs 2.50 to Rs 1,505.
Metal-mining stocks rise: Metal index rises 150 points: Vedanta, Tata Steel, Coal India rise
Even in metal-mining stocks, the BSE Metal Index rose by 12.5 points to close at 5.30 on the back of selective funds. Vedanta rose by Rs 3.10 to Rs 105.50, Coal India by Rs 2.50 to Rs 19.50, Tata Steel by Rs 15.5 to Rs 2.50, Nalco by Rs 4.5, JSW Steel Hindalco was up by Rs 4.5 to Rs 4.5, Hindalco was up by Rs 2.50 to Rs 310.5.
Festive season attracts consumer durables stocks: VIP, TTK Prestige, Titan, Blue Star, Whirlpool rise
The festive season saw a steady selection of consumer durables stocks today. VIP Industries up Rs 2.50 to Rs 301.5, TTK Prestige up Rs 2.15 to Rs 4.5, Titan Company up Rs 11.05 to Rs 19.50, Blue Star up Rs 2.50 Whirlpool rose by Rs 2.50 to Rs 205.50, Voltas by Rs 2.3 to Rs 9.50.
Tata Steel PP, Sera, Brigade Enterprise, Kajaria Ceramic, MRF, Adani Greens, Care Rating
Small, mid-cap, frontline stocks were the aggressive takers of funds today. Sera Sanitaryware jumped Rs 4.5 to Rs 2,000, SH Kelkar jumped Rs 11.5 to Rs 115.50, Tata Steel PP jumped Rs 4.5 to Rs 3.50, Somani Ceramic jumped Rs 20. 30 increased to Rs. 3.50, JSL Hisar jumped by Rs. 5 to Rs. 119.50, Jubilant Food increased by Rs. Delta Corp rose by Rs 2.50 to Rs 13.5, Kajaria Ceramic rose by Rs 2.50 to Rs 303, Adani Greens rose by Rs 2.05 to Rs 3.15, Care Rating rose by Rs. 30.50 up to Rs. 2.50, Dalmia India up Rs. 20.15 to Rs. 5, Petronet LNG up Rs. 10.50 up to Rs. 2.50, MRF up Rs. Were living.
Over the weekend, small, mid-cap, cash stocks continued to rise: 19 stocks closed positive: 415 stocks in the buyer's circuit
The market bread remained positive as the Sensex-Nifty-based rally continued with small, mid-cap, funds in cash stocks, high net worth investors' preferred buying. Out of the total 6 scrips traded on the BSE, the number of decliners was 104 and the number of gainers was 12. The only seller in 21 stocks was the lower circuit, while the only seller in 19 stocks was the lower circuit.
Comments
Post a Comment