Budget-boosting market: Sensex jumps 2315 points to 48,600

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(Gujarat News Correspondent) Mumbai, Ta. 01 February 2021, Monday

The presentation of the fantastic Union Budget to Finance Minister Nirmala Sitaram today was hailed by the Indian stock markets as an extraordinary surge in stocks. After the Finance Minister had earlier signaled to present a historic budget this time around, the budget today includes a provision to promote the Self-Reliant India program, raising the FDI limit in the insurance sector from 5 per cent to 5 per cent and massively increasing government spending to bring rapid recovery to the economy. Therefore, when the reforms were introduced, the market skyrocketed the budget and led to a tumultuous rise in banking-finance stocks. Along with this, large buying in consumer durables, power-capital goods stocks as well as metal-mining, oil-gas stocks became more aggressive. The Sensex was up 216.9 points at 200.31 and the Nifty was up 3.50 points at 121.50.

Sensex moves back to 30,000: Reaches 9, jumps 215 points to 200

Trading started today at the expected strength. IndusInd Bank, ICICI Bank, State Bank of India, Bajaj Finserv, Axis Bank, Bajaj Finance, HDFC Bank, Kotak Mahindra and Kotak Mahindra are among the banking and finance stocks that have rallied from the outset. , ITC, Larsen & Toubro, Ultratech Cement, Bharti Airtel, ONGC, Bajaj Auto, Maruti Suzuki, Power Grid Corp, Infosys, Asian Paints, HCL Technology, TCS, Sun Pharma, among others. It jumped 3 points to close at 200.81.

Nifty spot jumps back to 15,000 from 15,000 to 5

NSE's Nifty spot opened at 16.30 against the previous close of 12.50. , HDFC Ltd., Axis Bank, Bajaj Finance, HDFC Bank, Kotak Mahindra Bank along with Shree Cement, Ultratech Cement, Cement including Grasim as well as Larsen & Toubro, Reliance Industries, Tata Motors, Hindalco, Tata Steel, Tata Steel, Including, the attraction increased to 12.5 and finally increased by 4.50 points and closed at 161.30.

Incentives in the banking sector Bankex jumps 3 points: IndusInd, Aimbhaibhain, RBL, State Bank, Axis surged

Banking-finance stocks today were aggressively seeking funds in the central budget with a number of provisions-incentives for the financial sector. The BSE Bankex Index jumped 3.4 points to close at 6.15. IndusInd Bank jumped by Rs 19.5 to Rs 21.10, ICICI Bank by Rs 4.5 to Rs 206.5, RBL Bank by Rs 3 to Rs 4.5, State Bank of India by Rs 4.05 Rs 711.10, Axis Bank up Rs 4.5 to Rs 310.5, Federal Bank up Rs 2.50 to Rs 2.50, HDFC Bank up Rs 2.50 to Rs 19.50, Kotak Mahindra Banks rose by Rs 2.50 to Rs 1,201.3.

Ainikhan Finance, Shriram City, Chaulamandalam, Bajaj Finserv, Bajaj Finance, LIC Housing, HDFC

Even in finance stocks, there was a massive takeover of funds behind the budget provision today. The BSE Finance Index jumped 304.5 points to close at 206.5. IIFL Finance rose by Rs 4.5 to Rs 12.5, Shriram City by Rs 13.5 to Rs 114.5, Chaulamandalam by Rs 2.50 to Rs 5, Bajaj Finserv by Rs 2.50 to Rs 5 With the announcement of LIC Housing Finance's IPO in FY2017 and the FPI limit in the insurance sector has been increased from 5 per cent to 5 per cent, the share price has gone up by Rs 2.15 to Rs 4.5 and New India Assurance by Rs 11. .12.50, Indiabulls Housing Finance increased by Rs. 12.5 to Rs. 206.15, AU Small Finance increased by Rs. 2.50 to Rs. 4.5, Credit Access increased by Rs. 2.50 to Rs. 2.50, Bajaj Finance rose by Rs 4.5 to Rs 205.50, L&T Finance rose by Rs 4.5 to Rs 21.5, AB Capital rose by Rs 3 to Rs 4.5, Power Finance rose by Rs 2.50 to Rs. .114.50.

Storm in consumer durables stocks: Dixon Rs 105, Blue Star Rs 5, Titan Rs 21, Voltas Rs 5

The BSE Consumer Durables Index closed at 31,116.9, up 1013.5 points, as funds took aggressive action in consumer durables stocks today. Dixon Technology rose by Rs 102.5 to Rs 1,412.5, Blue Star by Rs 2.50 to Rs 30, Voltas by Rs 3.05 to Rs 4.5, VIP Industries by Rs 4.5 to Rs 5 30, Bajaj Electricals rose by Rs 12.50 to Rs 2.50, Amber Enterprises rose by Rs 21.5 to Rs 21.5.

Capital Goods jumps 104 points: Larsen jumps Rs 115, Timken jumps Rs 5, Siemens jumps Rs 104, Honeywell jumps Rs 15

The BSE Capital Goods Index jumped 106.15 points to close at 203.50 as funds rose sharply in power-capital goods stocks. Larsen & Toubro rose by Rs 114.5 to Rs 12.5, Timken by Rs 2.50 to Rs 12.5, Siemens by Rs 105.50 to Rs 19.05, Carborundum by Rs 2.50. 7.50, Honeywell Automation increased by Rs. 12.50 to Rs. 203.50, SKF India increased by Rs. 2.50 to Rs. 1215.5, Grindwell Norton increased by Rs.

In auto stocks, Ashok rose by Rs 15, Tata Motors by Rs 15, Mahindra by Rs 4, Bosch by Rs 205, Sikh by Rs 205 and Eicher by Rs.

Automobile stocks also saw an aggressive take on funds today as the budget announced a policy of scrapping voluntary vehicles. Ashok Leyland rose by Rs 11.50 to Rs 12.5, Tata Motors by Rs 19.15 to Rs 4.5, Mahindra & Mahindra by Rs 2.10 to Rs 5, Motherson Sumi by Rs 4.5 to Rs. 15.3, Bosch up by Rs. 206.5 to Rs. 1915, MRF up by Rs. 206.5 to Rs. 200.50, Eicher Motors up by Rs. 8 to Rs. 3.5, Maruti Suzuki up by Rs. .7, Balakrishna Industries increased by Rs. 4.5 to Rs. 12.50, TVS Motor increased by Rs. 18.50 to Rs. 2.50, Bajaj Auto increased by Rs. 105 to Rs. 3111.10, Hero MotoCorp increased by Rs. Increased to Rs.

Provision in Infra-Road Construction Sector: Sail, Hindalco, Vedanta, Jindal Steel, Tata Steel, Hindustan Zinc, Nalco

Funds were being raised in metal-mining stocks today as large provisions were made in the budget in four states for infrastructure-road construction. Sail rose by Rs 3 to Rs 2.50, Hindalco by Rs 19.50 to Rs 21.7, Jindal Steel by Rs 10.05 to Rs 131.5, Tata Steel by Rs 2 to Rs 3.15, Hindustan Zinc rose by Rs 13.5 to Rs 2.50, NMDC by Rs 2.50 to Rs 105.50, JSW Steel by Rs 12.5 to Rs 30.5, Nalco by Rs 1.2 to Rs. 6.5, Coal India rose by Rs. 3.05 to Rs. 12.10.

Budget stimulus gains in small, mid-cap stocks: 16 stocks positive: Only buyers in 215 stocks bullish circuit

Marketbroadth turned positive again today with small, mid-cap, cash stocks, funds, players buying again today. Out of the total 215 scrips traded on the BSE, the number of gainers was 16 and the number of losers was 1,016. The only seller in 4 stocks was the lower circuit against the upper circuit of the only buyer in 219 stocks.

Net purchases of Rs 12 crore in cash from foreign investors

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 3.08 crore was sold against a total purchase of Rs 1,013.5 crore. Meanwhile, DIIs-domestic institutional investors had a net sale of Rs 30.5 crore in cash today. A total of Rs 4.5 crore was sold against a total purchase of Rs 206.5 crore.

Investors' wealth market rises by Rs 4.5 lakh crore to Rs 12.5 lakh crore

The market capitalization accumulated in the total traded stocks on the BSE today rose by a whopping Rs 4.5 lakh crore to Rs 12.5 lakh crore.

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