Profit booking Sensex fell 264 points to 48174

(Gujarat News Correspondent) Mumbai, Ta. 06 January 2021, Wednesday

Index-based in stocks today, the Sensex-Nifty finally broke the rally, setting a new record high. The relentless buying in the stocks of foreign portfolio investors is now limited to declining and the steady unprofitable selling of local funds has seen the boom stop. In the new phase of the Corona transition, the U.K. Funds eased their overbought position today in anticipation of a negative impact on the global economy, with a third nationwide long lockdown forced by the UK and the cancellation of a visit to India by UK Prime Minister Boris Jones rekindling global corona concerns. The initial rally in the Sensex-Nifty was washed away by the sell-off in IT-Software Services, FMCG, Automobile and Pharmaceuticals stocks. Initially, metal-mining stocks, as well as consumer durables and banking stocks, saw a gap-opening opening. After making a new history, the Sensex fell by 4.5 points to 316.05 and the Nifty spot fell by 2.4 points to close at 18.1. . The US dollar had lost 3 paise to Rs 5.10 against the rupee.

SENSEX GAP-UP OPENS ALSO HAVES NEW HIGH RELEASE

Trading started today with a strong gap up opening. The BSE benchmark Sensex opened at 418.3 against the previous close of 2.8. Attractions including Cement, Larsen & Toubro, Titan Company, NTPC created a new history of this strength. Profit booking initiated by the fund has led to massive offloading in Reliance Industries and reports that the government is introducing a new bill on cigarettes. , Mahindra, Maruti was washed out by the sell-off and came down to 6.15, finally fell 4.5 points to close at 314.05.

Nifty spot made 14 new history after gap up opening

NSE's Nifty spot opened at 19,40.8 against the previous close of 19,12.50. The boom in IOC, State Bank, Tata Motors, Diviz Lab., HDFC Life, Kotak Mahindra Bank, Hero MotoCorp, among others, set a new record of 19.15 at one point. Profit-booking in IT, auto, banking and pharma stocks fell to 1,307.50 from the previous sell-off in the sell-off of funds, ending at 4.15 points and closing at 1,612.5.

January Nifty futures rise to 14.2, fall to 13,12: Bank Nifty futures fall to 21,3 from 21,6

Nifty-based funds in derivatives today started to soften the overbought position as the bullish dot stopped. The Nifty January futures opened at 13,8.5 against 12,612.5, fell to 16,9.5 at the top and closed at 12,09.10, ending at 12,17. The Bank Nifty January futures opened at 31.3 against 31.3.5, fell to 8,09.50 and fell to 31,9.50, ending at 31,8.5. The Nifty 12,600 call opened at 21 points against 7.5, fell to 5 at 3.30 and ended at 8.30.

Profit booking in IT stocks: Oracle, L&T Infotech, Coforge, TCS, HCL decline: Mastek, Emphasis rise

The BSE IT index was down 2.31 points at 5,12.10 today after a two-day rally in funds in IT-software services stocks. KPIT Technology fell by Rs 4.5 to Rs 19.5, L&T Infotech fell by Rs 19.50 to Rs 30.50, Birla Soft fell by Rs 2.50 to Rs 4.5, Coforge fell by Rs 20.50. Oracle Finserv fell by Rs 2.10 to Rs 4.05, Synt fell by Rs 11.5 to Rs 2.50, Ramco System fell by Rs 11.5 to Rs 316.5, TCS on Friday. Ahead of the quarterly results, for-profit sales fell by Rs 4.5 to Rs 206.5, MindTree by Rs 21.5 to Rs 19, Infosys by Rs 11.50 to Rs 151.50 and Tech Mahindra by Rs 4. 30 fell to Rs. 2.50, persistent system fell by Rs. 11.5 to Rs. 121.50. While Mastek rose by Rs 4.5 to Rs 12.5, Emphasis by Rs 21.50 to Rs 1,415, Tanla Platforms by Rs 3.05 to Rs 2.50.

Profit booking in FMCG stocks: ITC, EID, ITC, Bajaj Cons., Godrej, Hindustan Unilever declined

FMCG stocks today saw a sell-off of funds. Amid a move by the government to introduce a stricter new bill for cigarettes, offloading at ITC today dropped by Rs 3.05 to Rs 209.5, Venkis by Rs 100.50 to Rs 19.5, Vishwaraj Sugar by Rs 2.50 to Rs 119, Everreddy Industries fell by Rs 2.50 to Rs 205.50, Bajaj Consumer by Rs 4.5 to Rs 2.15, Godrej Consumer by Rs 19.50 to Rs 3.10, ADF Foods by Rs 10.10. Rs 31.50, Hindustan Unilever fell by Rs 4.5 to Rs 313.05. While Bajaj Hindustan rose by Rs 4.5, AVT Natural by Rs 2.50 to Rs 2.50, Dwarkesh Sugar by Rs 1.2 to Rs 2.50, Vadilal Industries by Rs 2.50 to Rs 515, Dalmiya Sugar rose by Rs 4.5 to Rs 19.10, Gujarat Ambuja Exports rose by Rs 2.50 to Rs 13.5.

Consumer durables stocks rise: Voltas jumps Rs 31 to Rs 5: Dixon, Bajaj Ile., Amber Enter., Titan rises

Consumer durables stocks had an aggressive pick of funds today. Voltas jumped Rs 31.50 to Rs 2.50, Amber Enterprises rose Rs 2.50 to Rs 2.50, Dixon Technology rose Rs 4.5 to Rs 19,50.05, CG Consumer jumped Rs 2.8. Bajaj Electricals rose by Rs 2.50 to Rs 30.5, Titan Company by Rs 4.5 to Rs 19.50. While Whirlpool of India fell by Rs 2 to Rs 30.50, Blue Star by Rs 19.50 to Rs 205, TTK Prestige by Rs 4.5 to Rs 214.5 and VIP Industries by Rs 31.

Metal stocks rise on sharp rise in steel prices: Hindustan Zinc, Vedanta, Hindalco, Tata Steel, NMDC rise

Funds in metal-mining stocks continued to pick up today amid speculations of sharp rise in steel prices by steel companies in the short term. The BSE Metal Index rose by 2.15 points to close at 12,312.81. Hindustan Zinc rose by Rs 31.15 to Rs 4.5, Vedanta by Rs 11.15 to Rs 160.15, Hindalco by Rs 2.50 to Rs 5, Nalco by Rs 2.15, NMDC by Rs 4. JSW Steel rose by Rs 4.5 to Rs 4.5, Tata Steel by Rs 4.5 to Rs 4.5.

Selective rise in capital goods stocks: V-Guard, Kalpataru Power, Hindustan Arrow, Thermax, Honeywell, Havells, Adani Green

Capital goods-power stocks were also selectively bullish today. V-Guard up Rs 4.5 to Rs 303.5, Kalpataru Power up Rs 4.5 to Rs 4.5, Hindustan Aeronautics up Rs 4.5 to Rs 2.50, Finolex Cables up Rs 2.50 Rs 7.10, Thermax Rs 15 to Rs 30, Honeywell Automation Rs 211.50 to Rs 2,8.5, Havells India Rs 7.5 to Rs 7.5, Adani Green Rs 10 to Rs.

Balaji Amines, TBZ, Moldtech, JM Fi., Vikas Multicorp, Hercules Hoist, SBI Cards advanced

A number of small, mid-cap, cash stocks were also bought today. Aggressive purchases in TBZ jumped Rs 13.5 to Rs 4.5, Moldtech PAC rose Rs 4.05 to Rs 316.5, Zuari Global rose Rs 15.5 to Rs 4.50, Hercules Hoist rose Rs 19.50. Balaji Amines surged by Rs 19.50 to Rs 131.5, Suprajit rose by Rs 19.50 to Rs 219.30, SBI Card rose by Rs 4.5 to Rs 2.50, JM Financial Rs 2.7 crore to Rs 31.50 crore, RK Forging Rs 2.8 crore to Rs 210.5 crore, company quarterly results in Vikas Multicorp as well as consideration to examine various business opportunities including acquisitions in existing businesses. Percentage jumped to Rs 4.5, Vinti Organics rose by Rs 106.5 to Rs 19.50, Inox Leisure rose by Rs 19.50 to Rs 4.5, Emami Ltd rose by Rs 2.50 to Rs 20.5. Were.

Small, Mid-Cap Stocks Despite Profit Booking, 3 Stocks Rise Circuit: Market Broadth Negative: 15 Shares Decline

Market breadth turned negative again as profit bookings surged in small, mid-cap, cash stocks. Out of the total 6 scrips traded on the BSE, the number of gainers was 16 and the number of losers was 16. The only seller in 13 stocks was the lower circuit against the bullish circuit of only buyers in 6 stocks.

Net sales of Rs 5 crore in FPIs / FII cash: Net sale of Rs 20 crore in DII cash

FIIs - Foreign Institutional Investors - Foreign Portfolio Investors - FPIs today saw a net sale of Rs 4.5 crore in cash. Of this, a total of Rs 216.5 crore was sold against a total purchase of Rs 7.5 crore. On the other hand, DIIs-domestic institutional investors had a net sale of Rs 20.81 crore in cash today. A total of Rs 206.5 crore was sold against a total purchase of Rs 2.08 crore.


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