New history before the end of 2020: Sensex jumps 380 points to new high of 47354

(Gujarat News Correspondent) Mumbai, Ta. 28 December 2020, Monday

The calendar year 2020 has been a historic year for investors in the Indian stock market, despite the economic and health woes of the Corona epidemic. As the end of 2020 draws to a close, the Sensex hit a new high of Rs 2,000 and the Nifty hit a new high of Rs 150 today as foreign portfolio investors (FPIs) continue to buy heavily in the stock market. With the central government taking steps to bring a faster recovery to the Indian economy and now expecting big stimulus in the central budget, the funds maintained a record all-round rally and set new highs. Along with banking-finance stocks, buying in consumer durables, IT-software services, automobile stocks and metal-mining, oil-gas stocks, the Sensex crossed the 2000 level, setting a new history of 206.5 and ending at 20.81 points. The spot closed at a new all-time high of 13,9.30, jumping 13.5 points to a new historic high of 12,9.30.

Sensex hits 30 new highs, jumps 30 points to close at 8 new highs

Trading started strong today. The BSE benchmark Sensex opened at 518.3 against the previous close of 7.8, rising sharply to close at 8 from the start. Profit bookings and Hindustan Unilever, Sun Pharma, Dr Reddy's Laboratories, Bajaj Finserv and others softened to close at 3130. Banking-finance stocks including State Bank of India, IndusInd Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, HDFC Bank and Titan Company, Larsen & Toubro, Ultratech Cement, Bajaj Auto, Bharti Power Grid Corp, including ONGC, rose sharply, hitting a new high of 202.5 and closing at a new high of 9,6.5, jumping 20.61 points.

Nifty spot 17 breaks new record, jumps 14 points to close at new record high of 14.8

The Nifty spot of NSE opened at 19,312.15 against the previous close of 12,9.5. After an initial rally, the sell-off in Shree Cement, Hindustan Unilever, Sun Pharma, Cipla, Tech Mahindra came back to 1911.3 with modest profit booking. All-round gains include Tata Motors, Titan, HDFC Life, JSW Steel, State Bank of India, Larsen & Toubro, Ultratech Cement, Gail India, Tata Steel, Kotak Mahindra Bank, IndusInd Bank and IOC. Reaching a new historic high of 30, it jumped 13.6 points to close at a new record high of 13,9.50.

Nifty futures rise to 14.2 from 14.5 before end of December trend: Bank Nifty futures rise to 20.8

Nifty-based funds rallied aggressively ahead of the end of the December trend in derivatives on Thursday. The Nifty December futures opened at 12.5 against 14,9.5, fell to 17,303.15 and reached 13,203.5 at the close of 12,9.50. The Nifty January futures opened at 19.3.5 against 19,204.5, fell to 17.8.5 and reached 13.50, ending at 12.5. Bank Nifty December futures opened at 20,0.05 against 30,9.50, fell to 20,0.05, reached 30,0.20 and ended at 30,40.05. The Bank Nifty January futures opened at 30,303.8 against 30,312.50, fell to 30,303.8 and reached 31,04.5, ending at 31,09.50.

Technically bullish trend near Nifty spot: Closing stop loss of 120

Technically the near trend in Nifty is showing positive. The Nifty spot is showing signs of recovery with a closing stop loss of 19.20.

Bankex jumps 4 points: RBL, Federal, State Bank, Axis, ICICI Bank rise

The BSE Bankex Index jumped 3.6 points to close at a high of 8.4.5 as funds rose sharply in banking-finance stocks today. RBL Bank jumped by Rs 2.50 to Rs 2.15, Federal Bank by Rs 3.15 to Rs 4.5, State Bank of India by Rs 2.50 to Rs 3.15, Citi Union Bank by Rs 5 20 to Rs. 16.05, IndusInd Bank to Rs. 18.5 to Rs. 4.5, ICICI Bank to Rs. 4.5 to Rs. 20.50, Kotak Mahindra Bank to Rs. 10, Axis Bank rose by Rs 2.50 to Rs 318.5, HDFC Bank rose by Rs 15 to Rs 1913.50.

Finance stocks include SBI Life, Paisalo Digital, Balmer Inv., Pilani Invest, Indiabulls

Funds were also widely traded in finance stocks today. Paisallo Digital jumped by Rs 105.50 to Rs 2.50, Balmer Investment rose by Rs 4.5 to Rs 21.10, Pilani's investment rose by Rs 3 to Rs 5, Indiabulls Housing Finance rose by Rs 15.5 to Rs 515. .40, Hudco up Rs. 3.05 to Rs. 20.50, Ujjivan Small up Rs. 1.50 to Rs. 3.5, L&T Finance Holdings up Rs. 7.5 to Rs. 2.50, IDFC First Bank PNB rose by Rs 1.15 to Rs 3, PNB by Rs 1 to Rs 4.5, SBI Life Insurance by Rs 2.50 to Rs 301.50.

Metal-mining stocks rise: Sail, JSW Steel, Nalco, Tata Steel, Hindalco rise

Metal-mining stocks also witnessed a sharp rise in funds today. The BSE Metal Index jumped 3.4 points to close at 11,9.18. Sail India rose by Rs 4.5 to Rs 4.5, JSW Steel by Rs 20.50 to Rs 2.50, Nalco by Rs 1.50 to Rs 4.5, Jindal Steel by Rs 2.10 to Rs. 2.50, NMDC up Rs. 4.5 to Rs. 117.50, Tata Steel up Rs. 10.3 to Rs. 2.50, Hindalco up Rs. 2.15 to Rs. 20.5, Vedanta up Rs. 10 to Rs 12.5, Coal India was up Rs 1.8 to Rs 13.5.

Conz. Durables Index jumps 30 points: Dixon Techno. Rs 7 rises: Titan, Whirlpool rises

The BSE Consumer Durables Index jumped 20.61 points to close at 8,0.05 as funds took aggressive action in consumer durables stocks today. Dixon Technology jumped by Rs 2.50 to Rs 19,312.5, Titan Company by Rs 2.15 to Rs 19, Amber Enterprises by Rs 30.50 to Rs 217.50, Whirlpool by Rs 2.50 to Rs. 2.50, TTK Prestige rose by Rs 115 to Rs 2,105, VIP Industries rose by Rs 4.5 to Rs 4, Voltas rose by Rs 4.5 to Rs 216.5.

Capital goods stocks rise: Carborandum, BHEL, Larsen, Timken, Siemens, SKF India rise

The BSE Capital Goods Index rose by 3.4 points to close at 12.3.5 today on the back of aggressive fund-raising in power-capital goods stocks. Carborundum increased by Rs 2.50 to Rs 318.50, Grindwell Norton increased by Rs 2.50 to Rs 30, BHEL increased by Rs 1.50 to Rs 4.50, Larsen & Toubro increased by Rs 4.5 to Rs 15 Timken rose by Rs 4.5 to Rs 115.50, Siemens by Rs 2.50 to Rs 12.5, Havells India by Rs 11.50 to Rs 209.50. Along with this, Adani Power rose by Rs 4.5 to Rs 30.15, Reliance Infra by Rs 1.05 to Rs 2.50, Tata Power by Rs 2.50 to Rs 2.50.

Tata Motors jumps Rs 10 to Rs 12: Bosch, Bajaj Auto, Maruti Suzuki, Exide, Eicher Motors rise

Automobile stocks were also the favorites today. Tata Motors up Rs 10.50 to Rs 19.50, Motherson Sumi up Rs 2.50 to Rs 120.50, Exide Industries up Rs 5 to Rs 19.50, Bosch up Rs 13.50 , 31.8, TVS Motor up Rs 2.10 to Rs 2.50, Bajaj Auto up Rs 4.5 to Rs 315, Eicher Motors up Rs 15.50 to Rs 30.10, Maruti Suzuki up Rs 5 .3 increased to Rs.

Attraction in oil-gas stocks: Gujarat State Petro, Petronet, IOC, BPCL, HPCL rise

Oil-gas stocks remained the attraction of funds. Gujarat State Petronet increased by Rs 10.10 to Rs 2.50, Petronet LNG increased by Rs 4.5 to Rs 31.50, Gail India increased by Rs 3.50 to Rs 19.50, IOC increased by Rs 1.5 At Rs 31.5, BPCL rose by Rs 2.50 to Rs 2.50, HPCL by Rs 1.50 to Rs 316.5, Reliance Industries by Rs 4.5 to Rs 2,008.5.

Wide sell-off in small, mid-cap stocks: 2018 stocks close negative: 7 stocks bullish circuit

Funds in small, mid-cap, cash stocks today, marketbroadth was positive rather than broadly bullish by players. Out of the total 215 scrips traded on the BSE, the number of gainers was 2012 and the number of losers was 1000. The only seller in 211 stocks was the lower circuit against the bullish circuit of only buyers in 6 stocks.

FPIs / FIIs make a net purchase of Rs. 12 crore in cash

FIIs - Foreign Institutional Investors - Foreign Portfolio Investors - FPIs made a net purchase of Rs 12.5 crore in cash today-Monday. Of this, a total of Rs 12.5 crore was sold against a total purchase of Rs 7.5 crore. Meanwhile, DIIs-domestic institutional investors had a net sale of Rs 12.5 crore in cash today. A total of Rs 4,100.5 crore was sold against a total purchase of Rs 412.05 crore.

Investors' asset-market capitalization rises by Rs 1.5 lakh crore to Rs 16.04 lakh crore

The market capitalization-investors' wealth accumulated in the stocks of companies listed on the BSE today rose from Rs 19.15 lakh crore to Rs 16.04 lakh crore in a single day.