The Sensex fell 81 points to 48093
(Gujarat News Correspondent) Mumbai, Ta. 07 January 2021, Thursday
For the second day in a row before the start of the December 2020 quarterly results season of Corporate India with the result of IT giant TCS, funds were offloading in IT stocks and profit booking in FMCG stocks was also on the rise for the second day in a row. Foreign portfolio investors (FPIs) continued to buy stocks in recent days, after which funds became net sellers from yesterday. Power-capital goods stocks as well as banking-finance stocks saw gains early in the day on the back of relentlessly aggressive buying of funds in metal-mining stocks today. But in the last hour, funds again sold off IT-software services stocks as well as FMCG frontline stocks. The US dollar weakened against the rupee today and rose sharply, rising by 3 paise to close at Rs 4.5.
Sensex bounces back to 205 in early trade, down 31 points
Trading started strong today. The Sensex opened at 8.5.5 against the previous close of 215.05, initially rising in funds in metal-mining stocks and in banking-finance stocks IndusInd Bank, Axis Bank, Bajaj Finserv, Bajaj Finance, HDFC Ltd , ONGC, Mahindra & Mahindra, Power Grid Corp. FMCG stocks returned to Nestle India, Hindustan Unilever, ITC and Titan, Kotak Mahindra Bank, ICICI Bank, Infosys, TCS, Bajaj Auto, Sun Pharma, Ultratech Cement. It fell 3 points to close at 202.5.
Nifty spot 18 made a new history, fell again till 1915, finally dropped by 3 points to 1917
NSE's Nifty spot opened at 19.3.5 against the previous close of 19,13.9. , Larsen & Toubro, Mahindra & Mahindra, Bajaj Finance, ONGC, BPCL, State Bank of India, Grasim, Shree Cements, among others, made a history of 12.5 new heights, returning to FMCG stocks in Nestle India, Hindustan Sales of Titan, HDFC Life, HCL Technology, Ultratech Cement, Hero MotoCorp, among others, fell by 19.20 points to close at 19,12.8.
January Nifty futures rise from 19,15 to 17,305: Bank Nifty futures rise from 21,305 to 8,05
Nifty-based funds in derivatives saw a strong rally today. The Nifty January futures opened at 19,400.10 against 17,12.5 and rose to a low of 12,171.10 and reached 13,8 to close at 12,203.50. The Bank Nifty January futures opened at 2105.05 against 31,303.10, fell to 8,09.05 and reached 8,6.5, ending at 8,05.
Nifty spot technically bullish trend: Closing stop loss of 17
Technically the Nifty spot is showing a near trend rally. The Nifty spot is expected to remain bullish with a closing stop loss of 12.5.
TCS declines before results: L&T Techno, Mastek, Coforge, Persistent, L&T Infotech decline
IT giant Tata Consultancy Services (TCS) continued to make profit bookings in IT stocks today ahead of its quarterly results to be released on Friday. As a result, the BSE IT index fell 2.6 points to close at 8,9.21. TCS down Rs 4.5 to Rs 4,050, L&T Technology down Rs 103.5 to Rs 4.5, Mastek down Rs 5 to Rs 1,312.5, Coforge down Rs 4.05 to Rs 2.50 First Shores solution fell by Rs 1.5 to Rs 2.50, Persistent fell by Rs 4.5 to Rs 1,312.5, L&T Infotech fell by Rs 4.5 to Rs 2.09, Infosys fell by Rs 15. 3 fell to Rs. 131.5, HCL Technology fell by Rs. While Intelligent Design increased by Rs 12.50 to Rs 30.9, Tanla Platforms by Rs 3.50 to Rs 2.50, Emphasis by Rs 7.5 to Rs 120.5, Indiamart by Rs 2 to Rs 5 .2, Ramco system was up by Rs.
Tata Steel jumps Rs 5 to Rs 5: Metal index jumps 3 points: Hind Zinc, Jindal rise
Funds in metal-mining stocks made consistently big purchases today. As a result of the increase in steel prices by steel companies, the companies continued to take funds in anticipation of rising profitability. Tata Steel rose by Rs 2.50 to Rs 4.5, Hindustan Zinc by Rs 3 to Rs 205.5, Hindalco by Rs 13.5 to Rs 4.5, Jindal Steel by Rs 19.50 to Rs 5 .02, NMDC increased by Rs. 3.5 to Rs. 18.05, Vedanta increased by Rs. 3.5 to Rs. 13.50, Sail India increased by Rs. 1.5 to Rs. 5, Coal India increased by Rs. 15.50, JSW Steel rose by Rs. The BSE Metal Index jumped 3.50 points to close at 12,9.31.
Finolex Cable jumps Rs 5 to Rs 303: V-Guard, SKF, Lakshmi Machine, Havells India
Even in capital goods-power stocks, funds, high networth investors were aggressive today. Finolex Cables rose by Rs 4.5 to Rs 206.5, V-Guard Industries by Rs 11.5 to Rs 313.50, SKF India by Rs 4.5 to Rs 12.5, Honeywell Automation by Rs 1113. ૬૫ Jumps up to Rs 2,31.5, Havells India rises by Rs 3.5 to Rs 31.5, Kalpataru Power rises by Rs 4.5 to Rs 2.50, Larsen & Toubro rises by Rs 2.50 to Rs 15 .3, Thermax increased by Rs. 19.50 to Rs. 4.5, Siemens increased by Rs. 11.50 to Rs. 121.5, Timken increased by Rs. 5 to Rs. 150, Lakshmi Machine Works increased by Rs. Were living.
Nestle loses Rs 20 in FMCG stocks: Hindustan Unilever falls: Globus Spirit rises Rs 5
FMCG frontline stocks saw a big sell-off of funds today. Nestle India fell by Rs 20.5 to Rs 19,12.5, Hindustan Unilever fell by Rs 4.5 to Rs 2.50, ATC fell by Rs 2.50 to Rs 209.5, AVT Natural fell by Rs 31.50. , EID Perry fell by Rs 4.5 to Rs 2.50. While Globus Spirit increased by Rs 4.5 to Rs 2.50, SH Kelkar increased by Rs 4.05 to Rs 13.5, Heritage Foods increased by Rs 12.5 to Rs 511, Varun Beverages increased by Rs 19.50. 20.15.
Funds rebound broadly in small, mid-cap stocks: 3 stocks rise circuit: 12 stocks close positive
Market breadth again became extremely positive today as small, mid-cap, cash stocks were again buoyed by funds, high networth investors, players. Out of the total 9 scrips traded on the BSE, the number of gainers was 16 and the number of losers was 114. The only seller in 19 stocks was the lower circuit against the bullish circuit of only buyers in 6 stocks.
Net purchase of Rs 5 crore in FPIs / FII cash: Net sale of Rs 3 crore shares in DII cash
FIIs - Foreign Institutional Investors - Foreign Portfolio Investors - FPIs made a net purchase of Rs 5 crore in cash today-Thursday. Of this, a total of Rs 308 crore was sold against a total purchase of Rs 21 crore. While DII-domestic institutional investors had a net sale of Rs 2 crore in cash today. A total of Rs 303 crore was sold against a total purchase of Rs 216 crore.
Comments
Post a Comment