The Sensex rose 316 points to a new record high of 43594

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(Gujarat News Correspondent) Mumbai, Ta. 11 November 2020, Wednesday

With the successful introduction of a vaccine by Pfizer to save the world from the Corona epidemic, Indian stock markets rallied alongside global markets in the hope that the world could now be brought out of the crisis. Of course, today, as the record-breaking rally seems to be about to break, the funds in Reliance Industries have called for a two-pronged crackdown by re-loading the controversy over futures retail. The funds boosted record growth as the Indian government approved a 20 billion stimulus package to boost manufacturing in the country. The market reached a new historic high today as banking, finance stocks, pharmaceuticals and IT and software services stocks rallied. International crude oil prices also rose sharply on hopes that the global economy would thrive due to the corona vaccine, pushing Brent to the ૪૫ 5 level. Foreign funds-FPIs continued to buy heavily today. Pharma, IT, banking-finance stocks along with automobile, metal-mining, oil-gas stocks as well as FMCG stocks were up. At the end of the day, the Sensex was up 216.05 points at 3.4 and the Nifty spot was up 116.05 points at 17.15.

Sensex plunges by 215 points to reach new highs

Trading started today at the expected strength. AXIS Bank, Kotak Mahindra Bank, HDFC Ltd, Metal-Mining stocks, Tata Steel, Pharma, Sun Pharma and FMCG stocks were among the gainers. . After the initial strengthening of the Sensex, offloading in Reliance Industries and selling in consumer durables stocks, including Titan, offsetting in IndusInd Bank, Hindustan Unilever, HDFC Bank, etc. At the end of making a new history, it increased by 313.05 points and closed at a new high of 7.5.

Nifty spot rises to 171, sets 17 new records, rises 114 points to 17 new record highs

NSE's Nifty spot opened at 120.50 against the previous close of 1912.10. Offloading in Reliance Industries fell to 121.10 after a rally in Reddy's Laboratories, Cipla and Sun Pharma. IT stocks, including TCS, Wipro, HCL Technology, rebounded from the downtrend, hitting a new high of 12.5 and closing at a new high of 116.05 points.

Bullish trade starts to ease: Nifty calls rise by 12,400 to 4.5: Bank Nifty futures rise by 7.5

In derivatives, Nifty-based funds rallied aggressively after a two-way rally today. Of course, the bullish trade was seen easing today. The Nifty 12,600 call opened at 5.15 against 8.05, went down to 5.30 and went up to 105, ending at 5.5. The Nifty 12,600 call opened at 20.15 against the low of 7.5, went down to 5.5, went up to 9 and ended at 5.5. The Nifty 12,600 put opened at 20 points against 8.30, fell to 5 at 11.5 and ended at 13.40. Bank Nifty November futures opened at 8.5.5 against 8,50.05, fell to 9,12, rose to 9,8 and closed at 9,8. The Nifty November futures opened at 12.5 against 10,8.10, fell to 13,9.5 and rose to 12,9.5, ending at 12,0.05.

Technically Nifty spot near trend positive: 1808 closing stops focus

Technically the near trend in the Nifty spot is showing positive. The closing stop loss of 1908 in the Nifty spot is the focus of attention.

Funds rise again in IT stocks: D-Link, Signity Techno, Coforge, Infosys, TCS, Wipro rise

After yesterday's offloading in IT-software services stocks yesterday, the BSE IT index jumped 4.5 points to close at 31.3.5 today as funds rose all round again. D-Link India rose by Rs 4.5 to Rs 105.50, Signity Technology by Rs 19.50 to Rs 4.5, Coforge by Rs 3.05 to Rs 5, Infosys by Rs 21.5 to Rs. 115.50, Tata Alexy up Rs. 3.50 to Rs. 1903.50, HCL Technology up Rs. 15.5 up to Rs. 3.05, Tech Mahindra up Rs. 18.50 up to Rs. 2.50, TCS up Rs. .50 increased to Rs. 3.8, Wipro increased by Rs. 2.50 to Rs. 3.50, MindTree increased by Rs. 12.50 to Rs.

Pharma stocks rise: Healthcare index rises 3 points: Laurus Lab, Apollo, Lupine, Torrent Pharma, Cipla rise

Shares of healthcare-pharmaceuticals companies rallied broadly today after offloading yesterday. The BSE Healthcare Index rose 2.4 points to close at 12.3.5. Laurus Lab increased by Rs 2.50 to Rs 3.10, Apollo Hospital increased by Rs 15.5 to Rs 316.50, Solara Active increased by Rs 2.50 to Rs 1031, Aurobindo Pharma increased by Rs 2.50 to Rs. 311.05, Lupine up Rs 3.15 to Rs 511, Torrent Pharma up Rs 19.10 to Rs 2.15, Stride Pharma up Rs 2.50 to Rs 4.5, Dr. Reddy's Lab up Rs 15 .50 increased to Rs. 4.5, Newland Lab increased by Rs. 2.50 to Rs. 1,102.5, Cipla increased by Rs. 2.50 to Rs. 3.10, Pfizer increased by Rs. 15.50 to Rs. Pharma rose by Rs 19.50 to Rs 303.10, Biocon by Rs 11.5 to Rs 314.5, Diviz Lab by Rs 2.15 to Rs 2.50.

Finance-banking stocks rise: Bajaj Holding, Axis Bank, Bajaj Finserv, Kotak Bank, Shriram Transport rise

Banking-finance stocks continued to rise. The BSE Finance Index rose 2.4 points to close at 206.5. Axis Bank rose by Rs 3 to Rs 205.50, JSW Holdings rose by Rs 19.10 to Rs 20, Magma Fincorp rose by Rs 1.5 to Rs 2.50, Bajaj Finserv rose by Rs 4.5 to Rs 30. 20, IIFL Finance increased by Rs. 2.5 to Rs. 2.50, Chaulamandalam increased by Rs. 11.5 to Rs. MCX was up by Rs 4.50, MCX was up by Rs 2.50 to Rs 12.5, Bajaj Finance was up by Rs 30.50 to Rs 3, Tata Investment Corp was up by Rs 2.50 to Rs 4.5.

Auto stocks rise: Eicher Motors up Rs 5, Hero MotoCorp up Rs 105, Bosch up Rs 5, Maruti up Rs 5

Funds also made big purchases today in automobile stocks. The BSE Auto Index rose by 316.8 points to close at 12,612.50. Eicher Motors up Rs 4.5 to Rs 4.5, Hero MotoCorp up Rs 105.5 to Rs 205.50, Tata Motors up Rs 4.5 to Rs 190.5, Motherson Sumi up Rs 2.50 Bosch was up by Rs 131.50, Bosch was up by Rs 4.5 at Rs 19.3, Maruti Suzuki was up by Rs 2.50 at Rs 2.50, Bajaj Auto was up by Rs 4.5 at Rs 206.5.

Tata Steel jumps Rs 5 to Rs 5: Hindalco, Sail, Hindustan Zinc, Jindal Steel, Vedanta rise

In metal-mining stocks, the BSE Metal Index jumped 216.50 points to close at 8.10 as funds rallied sharply today. Tata Steel rose by Rs 4.5 to Rs 2.50, Hindalco by Rs 11.5 to Rs 205.15, Sail by Rs 1.50 to Rs 4.5, Hindustan Zinc by Rs 4.5 to Rs. Jindal Steel rose by Rs 2.50 to Rs 319.60, Vedanta by Rs 2.50 to Rs 101.5.

Reliance Industries loses Rs 2,000: Rs 5 falls to Rs 19

Funds in Reliance Industries again lost Rs 5,000 today on a sell-off. The issue fell to Rs 19.50 a share, down Rs 4.5, from a major offloading today amid controversy over Amazon's opposition to a deal to acquire Future Retail by Reliance Retail.

Small, Mid Cap, Cash Stocks Re-Attract: 181 Stocks Positive Closed: Only Buyer's Circuit in 8 Stocks

Marketbread remained positive on the back of widespread buying by small, mid-cap, cash-strapped funds, high networth investors. Out of the total 6 scrips traded on the BSE, the number of decliners was 16 and the number of gainers was 121. The only seller in 4 stocks was the lower circuit against the upper circuit of the only buyer in 5 stocks.

FPIs / FIIs make a net purchase of Rs. 205 crore in cash: DIIs sell Rs.

FIIs - Foreign Institutional Investors - Foreign Portfolio Investors - FPIs made a massive net purchase of Rs 203 crore in cash today-Wednesday. Of this, a total of Rs 5 crore was sold against a total purchase of Rs 12.5 crore. While DII-domestic institutional investors had a net sale of Rs 3 crore in cash today. A total of Rs 303 crore was sold against a total purchase of Rs 3 crore.

Momentum trading session in the stock market

It will be held on Saturday at 4:15 p.m.

The Muhurat trading session of Vikram Samvat 207 in the stock markets will be held on Saturday, November 12, 2020 from 4:15 pm. Those who want to attend the event live will have to wear a mandatory mask and maintain social distance and may have to wait a while to enter the hall. As limited people are to be admitted, the exchange has to be informed in advance to join the program, the exchange said.


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