The Sensex jumped 453 points to 46,006

(Gujarat News Correspondent) Mumbai, Ta. 22 December 2020, Tuesday

Amid reports of a resurgence of corona outbreaks around the world and reports of a rapid spread of corona in a new form in the UK in particular, the UK The short-covering rally was witnessed today after a slump in global markets yesterday amid fears that the global economy would be further shaken by the closure of several airlines and the spread of corona to more countries. Funds today showed a deceptive rise in short covering after yesterday's big crash in Indian stock markets. In the current scenario for IT-software services companies, the market has recovered from the initial decline, led by a rally in funds in IT stocks, on the back of strong business prospects. After the index-based initial shock, the market closed in the positive zone on attractions in consumer durables, automobiles, metal-mining, oil-gas stocks as well as FMCG, power-capital goods stocks along with IT stocks. At the end of the day, the Sensex jumped 3.6 points to close at 2006.2 and the Nifty spot rose 17.4 points to close at 19,50.8.

Sensex plummets to 8,114, rises to 5,050

Trading started today with the expected shock. The Sensex opened at 7,8.51 against the previous close of 7,8.5. Had come. In the last two hours, IT stocks including HCL Technology, Tech Mahindra, Infosys, TCS have rallied and Sun Pharma, Nestle India, Larsen & Toubro, Titan Company, Bharti Airtel, Power Grid Corp, Bharti. Mahindra & Mahindra, Dr. Reddy's Lab, Asian Paints and State Bank, ICICI Bank, Axis Bank, Bajaj Auto, among others, rose sharply to 2030.15 and closed at 8,004.5, up 3.8 points.

Nifty spot went down to 19,15 and up to 12,8 and finally rose 15 points to 12,9

Bajaj Finance, Kotak Mahindra Bank, HDFC Ltd, IndusInd Bank along with Reliance Industries, Hindalco and others in Hindalco. , Came up at 12.30. After a long run, IT stocks rose sharply, with pharma-healthcare stocks including Sun Pharma, Diviz Lab., Cipla as well as Adani Ports, Gail India, JSW Steel, Eicher Motors and HDFC Life reaching 17.8 per cent. It had gained 19.40 points to close at 13,9.50.

Call of Nifty 12,500 increased from 7.5 to 8.30: Put of Nifty 12,000 dropped from 7.5 to 9

Nifty-based in derivatives saw a short covering in the rally at the end of the day. Among the various call-put options for the December expiry, the Nifty 12,600 opened at 7.5 against 3.8, hitting a low of 31.5, reaching 6.15 and closing at 8.30. The Nifty 12,000 put opened at 9 against 7.5, fell to 8.50 at the top and fell to 6.5 at the end. The Nifty 12,600 call opened at 8.05 against 4.5, fell to 13.50, reached 8.30 and ended at 30.50.

December Nifty futures fall to 14,205 from 17,505: Bank Nifty futures rise from 8,715 to 8,9

The Nifty December futures opened at 16,9.50 against 17,9.5, fell to 17,9.5 and reached 12,205, ending at 12,9.5. The Bank Nifty December futures opened at 7,615 against 7,412.5, fell to 8,000.10, went up to 8,20 and ended at 8,9. The Nifty 12,800 call opened at 20.40 against 8.30, fell to 8.30 and reached 8, ending at 12.5.

Technically close trend in Nifty spot downward reversal: closing above 12.5 for new long position required

Technically the Nifty spot now has a near trend downward reversal. Technically, the new long position should be taken only after the Nifty spot closes above 12.5.

IT index jumps 3 points: Birla Soft, KPIT, Coforge, Mastek, Mindtree, TCS rise

Funds surged in IT stocks today on expectations that the results of IT companies will also be encouraging this time around in anticipation of a further downturn in the work-from-home and consequent growth in the IT business as the lockdown situation re-emerges on the global front. The BSE IT index rose 2.4 points to close at 8,302.5. Birla Soft rose by Rs 20.50 to Rs 3, KPIT Technology by Rs 19.50 to Rs 120.50, Coforge by Rs 13.5 to Rs 3.50, Datametics by Rs 2.50 to Rs 105. Mastek rose by Rs 4.5 to Rs 105.50, MindTree rose by Rs 7.5 to Rs 19.50, NIIT rose by Rs 11 to Rs 19.50, Tata Alexi rose by Rs 2.50 to Rs 151. 2.3, Ramco System increased by Rs. 3.50 to Rs. 4.5, L&T Infotech increased by Rs. 19.50 to Rs. 2.50, HCL Technology increased by Rs. 2.50 to Rs. Technology rose by Rs 2.50 to Rs 7.5, Infosys by Rs 4.5 to Rs 120.5, Wipro by Rs 2.50 to Rs 5, TCS by Rs 21.5 to Rs 30. The US dollar had gained 3 paise to Rs 4.5 against the rupee today.

Attraction in Consumer Durables Stocks: Titan Company, Whirlpool, Voltas, Rajesh Exports, Blue Star Rise

Consumer durables stocks had a selective rally today. The BSE Consumer Durables Index rose by 311.8 points to close at 8.2.5. Titan Company rose by Rs 2.09 to Rs 1,201.50, Whirlpool of India rose by Rs 2.50 to Rs 710, Voltas rose by Rs 15.5 to Rs 3.50, Rajesh Exports rose by Rs 4.5 to Rs. 2.30, Blue Star rose by Rs. 3.5 to Rs. 2.50, Bajaj Electricals rose by Rs. 3.5 to Rs.

Oil-gas stocks fall in value-buying: Indraprastha Gas, Gail India, Petronet, BPCL, IOC, ONGC rise

Oil-gas stocks also saw a drop in value-buying today. The BSE Oil-Gas Index rose by 12.5 points to close at 12,612.8. Indraprastha Gas rose by Rs 2.50 to Rs 31.50, Gail India by Rs 4.5 to Rs 114.5, Petronet LNG by Rs 2.15 to Rs 2.50, BPCL by Rs 4.5 to Rs 7.50, IOC rose by Rs. 1.05 to Rs. 8, ONGC was up by Rs.

Metal-mining stocks strengthen: Vedanta, Sail, JSW Steel, Coal India, NADC, Tata Steel rise

Metal-mining stocks were also bullish today. Vedanta rose by Rs 4.5 to Rs 12.5, Sail by Rs 1.3 to Rs 2.50, JSW Steel by Rs 10.50 to Rs 4.5, Jindal Steel by Rs 4.5 to Rs. 4.5, Coal India rose by Rs 4.5 to Rs 12.50, NMDC by Rs 1.2 to Rs 111.5, Nalco by Rs 4.5, Tata Steel by Rs 3.10 to Rs 301. 6 were living. The BSE Metal Index was up 12.5 points at 10,961.

Healthcare index rises 30 points: Syngen, Sequent, Sun Pharma, Granules, Suven Pharma, Torrent Pharma rise

Shares of healthcare-pharmaceuticals companies also rose by 20.5 points to close at 31,09.3, up from the value-buying by funds today. Sun Pharma rose by Rs 19.50 to Rs 2.50, Lupine by Rs 3.10 to Rs 2.50, Biocon by Rs 11.50 to Rs 21.5, Torrent Pharma by Rs 2.50 to Rs. 4.50, Apollo Hospital increased by Rs. 2.5 to Rs. 206.5, Syngen International increased by Rs. 3.5 to Rs. 203.5, Granules India increased by Rs. 18.5 to Rs. 31.50, Indoco Remedies by Rs. 10.9 to Rs. 20, Suven Pharma by Rs. 18.5 to Rs. 2.50, Cadila Health by Rs. 12.5 to Rs. 5, Aarti Drugs by Rs.

Profit booking of funds in small, mid cap stocks: 12 stocks closed positive: only seller circuit in 8 stocks

In small, mid-cap, cash stocks today, the market breadth turned positive rather than the bearish choice. Of course in many stocks funds, players' profit booking continued. Out of the total 205 scrips traded on the BSE, the number of gainers was 16 and the number of losers was 16. The only seller in 21 stocks was the bearish circuit while the only buyer in 21 stocks was the bullish upper circuit.

Net purchase of Rs 113 crore in FPIs / FII cash: Net sale of shares worth Rs 21 crore in DII cash

FIIs - Foreign Institutional Investors - Foreign Portfolio Investors - FPIs made a net purchase of Rs 119 crore in cash today-Tuesday. Of this, a total of Rs 2.7 crore was sold against a total purchase of Rs 216.5 crore. On the other hand, DIIs-domestic institutional investors had a net sale of Rs 41.51 crore in cash today. A total of Rs 2.50 crore was sold against a total purchase of Rs 206.15 crore.