Sensex jumps 403 points to 46666 new historical highs
(Gujarat News Correspondent) Mumbai, Ta. 16 December 2020, Wednesday
Foreign portfolio investors-FPIs continued to pour dollars into Indian stock markets, buying stocks on a daily basis, taking the Sensex-Nifty to a new record high today in search of a new peak. The funds continued their record-breaking rally despite the prevailing economic growth figures, amid expectations that the economic recovery will pick up speed in the coming days amid the concussion preparations for the corona vaccine against the growing corona transition. With rising unemployment in India, declining tax collection and deteriorating conditions on the export front, economic concerns on the one hand and preparations for the Union Budget on the other, this time the funds rallied on the expectation of stimulus with big reliefs in the budget. Funds in consumer durables, IT-software services, automobiles, capital goods-power, metal-mining, realty, healthcare-pharmaceuticals stocks led the global rally. The Sensex jumped 206.5 points to close at a new all-time high of 9,6.5 and the Nifty spot jumped 114.5 points to close at a new all-time high of 12,9.50. The US dollar had lost 7 paise to Rs 4.5 against the rupee.
Sensex breaks intra-day high of 5,308 new history, jumps 205 points to 5 new highs
Trading started strong today. The Sensex opened higher at 9,8.31 against the previous close of 7,9.15. IT-software stocks TCS, Infosys, HDFC Ltd, ONGC, Bharti Airtel, Titan Company, Mahindra & Mahindra, Mahindra & Mahindra, Attractions including Grid Corp, Asian Paints, HDFC Bank, Tata Steel, Hindustan Unilever, Sun Pharma, Nestle India and Maruti Suzuki, Reliance Industries, Kotak Mahindra Bank all rose to a new high of 7,304.5 at the same time. The point jumped to close at a new historic high of 3.2.5.
Nifty spot intra-day breaks new record at 14.2, jumps 115 points to new record high of 13.8
NSE's Nifty spot opened at 19,7.10 against the previous close of 12,9.5. Banking-finance stocks rose sharply from the outset in HDFC Ltd with metal-mining stocks including Hindalco, Coal India, JSW Steel and Tata Steel. Wipro, TCS, Larsen, HDFC Bank, Bajaj Auto, Nestle India, Bajaj Finance, among others, rose at the same time, setting a new record of 13.2.5 points and closing at a new high of 13,8.30 points, a jump of 114.5 points.
Technically Nifty spot uptrend: Bullish focus on 19130 closing stoploss
Technically the Nifty spot is showing a near trend rally. The Nifty spot is expected to remain bullish with a closing stop of 12,150.
Nifty 12,500 call up from 8.50 to 7.30: Nifty 12,500 put down from 2.08 to 7.30
Nifty-based funds in derivatives were bullish today. The Nifty 12,500 call opened at 8.30 against 8.15, rose to a low of 30 and reached 8.30, ending at 8.30. The Nifty 12,600 put opened at 9 against 7.5, fell to 20.8, fell to 7.5 and finally fell to 6.15. The Nifty 12,600 call opened at 9.8 against 31.40, fell to 20.50, closed at 105 and closed at 8. The Nifty 12,300 put opened at 8.30 against 8.05, fell to 7.5 and ended at 8.30.
December Nifty futures rise from 12.5 to 12.5: Bank Nifty futures rise from 20,305 to 20.2
The Nifty December futures opened at 12.5 against 14,6.5, fell to 16,612.50 and reached 12,315, ending at 12,0.05. Bank Nifty December futures opened at 20,5.50 against 30,205, fell to 30,9.50, reached 30,8 and ended at 30,0.05. The Nifty 12,600 call opened at 8.30 against 7.5, fell to 5 and reached 13.5 at the end of 5.30.
Consumer index jumps 3 times: CG Kanz rises by Rs 4, Bajaj Electricals by Rs 15, Titan by Rs 31, TTK by Rs 4
The BSE Consumer Durables Index jumped 3.15 points to close at 8,412.10 on the back of a tumultuous rise in funds in consumer durables stocks. CG Consumer jumped by Rs 2.50 to Rs 4.5, Bajaj Electricals by Rs 19.5 to Rs 303, Titan Company by Rs 21.50 to Rs 19.5, TTK Prestige by Rs 4.5 to Rs. 31.3, Blue Star rose by Rs. 3.5 to Rs. 2.30, Voltas by Rs.
Metal-mining stocks continue to rise: Jindal Steel rises Rs 15: Nalco, Sail, Hindalco, Coal, Vedanta rise
The BSE Metal Index rose 19.5 points to close at 11,40.9, as funds maintained a broad rally in metal-mining stocks today. Jindal Steel up Rs 12.50 to Rs 2.50, Nalco up Rs 1.50 to Rs 7.5, Sail up Rs 1.50 to Rs 30.15, Hindalco up Rs 5 to Rs 31.50 , Coal India up Rs 4.5 to Rs 12.5, Vedanta up Rs 2.05 to Rs 19.50, Tata Steel up Rs 2.15 to Rs 4.5, JSW Steel up Rs 2.50 20.5.
Power-Capital Goods Stocks Rise: Havells, Grindwell, ABB India, Honeywell Automation, Larsen, AIA
The BSE Capital Goods Index rose by 3.4 points to close at 12,9.41, as funds were widely traded in power-capital goods stocks today. Havells India jumped by Rs 2.50 to Rs 305, Grindwell Norton by Rs 3 to Rs 30, ABB India by Rs 21.05 to Rs 114.5, Honeywell Automation by Rs 203.5 to Rs 2,811. 30, AIA Engineering increased by Rs. 7.5 to Rs. 120.10, Larsen & Toubro increased by Rs. 21.50 to Rs. 18.50, Lakshmi Machine Works increased by Rs. 2.50 to Rs. 2.50, Adani Green by Rs. 1012.50, JSW NG: up Rs 4.5 to Rs 3.05, KEC International up Rs 2.15 to Rs 4.5, Tata Power up Rs 1 to Rs 3.15.
Funds continue to rise in IT-software services stocks: TCS, Emphasis, KPIT, Siant, Wipro rise
The BSE IT index rose 2.4 points to close at 8,9.15 on continued buying by stocks of IT-software services companies. KPIT Technology rose by Rs 4.5 to Rs 115.50, Cient rose by Rs 19.50 to Rs 2.50, Emphasis rose by Rs 20.50 to Rs 19.50, TCS rose by Rs 3.05 to Rs 515 2.7, FirstShores Solutions up Rs 1.50 to Rs 4.5, Wipro up Rs 4.5 to Rs 2.50, Infosys up Rs 11.5 to Rs 119.5, L&T Infotech up Rs 5 2.3 to Rs. 3.15, L&T Technology was up Rs.
Funds rise in finance stocks: Paisallo Digital, Indiabulls, HDFC Ltd., JMFi, HDFC AMC rise
Finance stocks had a wide takeover of funds today. HDFC Ltd rose by Rs 3.15 to Rs 3.05, HDFC AMC by Rs 4.5 to Rs 31.50, ICICI Lombard by Rs 21.5 to Rs 19.5, Paisalo Digital by Rs 2.50 Rs 5, Indiabulls Housing Finance increased by Rs 19.10 to Rs 305.50, JM Financial increased by Rs 3.50 to Rs 31.50, Nippon increased by Rs 4.5 to Rs 311.30, Mahindra Finance increased by Rs. HDFC Bank rose by Rs 4.5 to Rs 19.15, HDFC Bank rose by Rs 20.5 to Rs 1,310.5, Repco Home rose by Rs 2.50 to Rs 4.05.
Auto stocks fall again in value buying: Ashok Leyland, Tata Motors, Mahindra, MRF, Bajaj Auto, Maruti rise
Funds fell again today after profit booking in automobile stocks. Ashok Leyland has risen by Rs 2.50 to Rs 100.10, Tata Motors by Rs 2.50 to Rs 19.50, Mahindra & Mahindra by Rs 19.50 to Rs 21.5, TVS Motor by Rs 2.10 MRF rose by Rs 5, MRF rose by Rs 16.05 to Rs 2,810.05, Bajaj Auto rose by Rs 4.5 to Rs 305, Bosch rose by Rs 111.50 to Rs 15,31.30, Maruti Suzuki rose by Rs .0.05 increased to Rs.200.50.
Small, Mid-Cap Stocks Continue to Round All-Round Boundary Storm: 150 Stocks Positive Close: 7 Stocks Rise Circuit
Marketbroadth has been extremely positive with a steady all-round wide rally in small, mid-cap, cash stocks. Out of the total 215 scrips traded on the BSE, the number of gainers was 150 and the number of losers was 117. The only seller in 120 stocks was the lower circuit against the bullish circuit of 6 stocks.
FPIs / FIIs make net purchases of Rs 121 crore in cash: DIIs sell net worth of Rs 1212 crore in cash
FIIs - Foreign Institutional Investors - Foreign Portfolio Investors - FPIs made a net purchase of Rs 121.3 crore in cash today-Wednesday.
Of this, a total of Rs 4.5 crore was sold against a total purchase of Rs 206.5 crore. On the other hand, DIIs-domestic institutional investors had a net sale of Rs 1,312.5 crore in cash today. A total of Rs 2.10 crore was sold against a total purchase of Rs 7.5 crore.
Investors' asset-market capitalization rises by Rs 1.5 lakh crore to Rs 16.15 lakh crore
The accumulated market capitalization of companies listed on the BSE today increased by Rs 1.9 lakh crore to Rs 19.15 lakh crore from Rs 19.50 lakh crore.
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