Sensex 52516 fell 50 points to 52104 at a new history

(Gujarat News Correspondent) Mumbai, Ta. 16 February 2021, Tuesday

As the state of corona transition is deteriorating again in states including Maharashtra and Gujarat and positive cases of corona are on the rise by Maharashtra Deputy Chief Minister Ajit Pawar and the mayor of Mumbai, the situation is likely to worsen in the coming days. The bullish trade eased as trade showed caution. After the central government announced measures to push ahead with economic reforms in the budget, the country's four PSU banks Bank of Maharashtra, Indian Overseas Bank, Bank of India, Central Bank of India yesterday signaled privatization. After a new history of index-based gains in oil and gas stocks, profit-booking in IT-software services, consumer durables stocks washed out at the end of the day, the Sensex fell 4.5 points to 3109.15 and the Nifty spot was up 1.50 points.

Sensex jumps 3 points in early rally, sets new history

Trading started strong today. Reliance Industries, Maruti Suzuki, Larsen & Toubro, Kotak Mahindra Bank, ONGC, Power Grid Corporation of India, NTPC, ERZ ETZ, Sun Pharma & India, Etc. Including the boom jumped 6 points at a time, creating a new history of 214.5. Banking-Finance frontline stocks with offloading in Axis Bank, ICICI Bank, Infosys, IT stocks including TCS as well as Nestle India, Hindustan Unilever, Titan Company, State Bank of India, Bajaj Finserv, Doz. At the time of booking, ITC, HDFC Ltd, Mahindra & Mahindra fell sharply to 314.31 and closed at 3109.18, down 4.5 points.

Nifty spot 121 made a new history and came back to the bottom of the 19th.

Metal-mining stocks like Tata Steel, Hindalco, Coal India, JSW Steel have rallied from the outset and oil-gas stocks like Reliance Industries, ONGC, I.N.P. , NTPC, Adani Ports, Maruti Suzuki, Kotak Mahindra Bank, Grasim, Ultratech Cement, Larsen & Toubro, HDFC Bank, among others, rose to a new high of 191.5. Returning from the uptrend, Axis Bank, ICICI Bank, State Bank of India, TCS, Infosys, Nestle India, Eicher Motors, Tata Motors, Britannia, Diviz Lab., Bajaj Finserv, among others, fell to 14. Points fell to close at 1912.8.

Nifty February futures rise from 150 to 120: Bank Nifty futures fall from 203 to 6

Nifty-based funds in derivatives today eased bullish trading after the bulls initially started aggressively. The Nifty February futures opened at 13.8 against 19.30, went back to 120 at the beginning and came down to 19.10 at the end. The Bank Nifty February futures opened at 20 points against 206.5, moved back to the top 50 and came down to 6.30 at the end of the day.

Decision to privatize PSU banks raises Bank of Maharashtra, MR, MRM, Central Bank: Axis Bank, MMB

The funds were heavily bought in these bank stocks today amid government signals of privatization of four PSU banks. Bank of Maharashtra jumps Rs 2.15 to Rs 12.10, Indian Overseas Bank-IOB jumps Rs 2.50 to Rs 19.50, Bank of India jumps Rs 11.5 to Rs 20.5, Central Bank of India The BSE Bankex Index fell by 3.08 points to close at 314.05 as the front-line stocks of the fund traded higher in the banking-finance stocks today. Axis Bank down Rs 19.50 to Rs 2.50, ICICI Bank down Rs 19.50 to Rs 2.50, City Union Bank down Rs 2.50 to Rs 12.5, State Bank of India down Rs .3 was down to Rs. While Kotak Mahindra Bank rose by Rs 4.5 to Rs 2061.9, RBL Bank by Rs 4.5 to Rs 4.5, HDFC Bank by Rs 10.8 to Rs 19.50.

Fi. Shares of Capri Global, Centrum, JSW Holdings, Max Ventures fall: PNB Housing, PNB Gilts rise

Profit booking was made in finance stocks today. Capri Global fell by Rs 19.5 to Rs 5, Centrum Capital by Rs 1.10 to Rs 2.50, JSW Holding by Rs 15 to Rs 511, Max Ventures by Rs 1.50 to Rs 21.5, IIFL Finance fell by Rs 2.50 to Rs 21.5. While PNB Housing Finance jumped by Rs 2.50 to Rs 206.5, PNB Gilt by Rs 2.50 to Rs 2.50, GIC Housing Finance by Rs 2.50 to Rs 19.15, Magma Fincorp by Rs 4. Max Financial rose by Rs 10 to Rs 105.05, Max Financial rose by Rs 4.5 to Rs 3, AB Capital rose by Rs 4.5 to Rs 2.50 and Chaulamandalam rose by Rs 15.05 to Rs 4.

Metal-mining stocks rise: Jindal Steel up Rs 3, Tata Steel up Rs 5, Hindalco up Rs 11, Vedanta up Rs 5

The metal-based BSE Metal Index jumped 4.5 points to close at 17.8 today on aggressive buying by funds in metal-mining stocks. Jindal Steel rose by Rs 4.5 to Rs 2.50, Tata Steel by Rs 4.5 to Rs 2.50, Hindalco by Rs 11.05 to Rs 209.5, Vedanta by Rs 2.50 to Rs. 120.50, Sail increased by Rs. 3.10 to Rs. 7.5, Nalco by Rs. 1.50 to Rs. 20.15, Hindustan Zinc by Rs. 6.05 to Rs. 203.5, Coal India by Rs. 4 to Rs.

TCS, Infosys, Ramco Systems, Persistent decline: Tanla Platforms, Majesco, L&T Techno, Tata Alexi rise

IT-software services stocks saw a sell-off of funds today. Ramco system down Rs 4.5 to Rs 21.50, nuclear software down Rs 20 to Rs 2.50, persistent system down Rs 4.5 to Rs 150, 3moons technology down Rs 4.05 to Rs 5 .60, Indiamart down Rs. 2.5 to Rs. 3.5, Infosys down Rs. 19.50 to Rs. 120.10, TCS down Rs. 20.5 to Rs. 2109.50, Wipro down Rs. .2.5 were. While Tanla Platforms rose by Rs 2.50 to Rs 4.5, Majesco by Rs 2.50 to Rs 31.50, L&T Technology by Rs 4.5 to Rs 30.50, Tata Alexi by Rs 4. 20 to Rs 2.10, Tech Mahindra to Rs 2.50.

Crude oil Brent hits near ૬૩ 3: ONGC, Gujarat State Petro, Reliance, HPCL, IOC rise

PSU oil stocks also rallied today amid the central government's move to accelerate the disinvestment of PSU enterprises. Of course, international crude oil prices were hitting a narrow range today near Brent's ૬૩ 4. ONGC rose by Rs 4.5 to Rs 105.5, Gujarat State Petronet rose by Rs 2.50 to Rs 3.10, IOC rose by Rs 1.5 to Rs 2.50, HPCL rose by Rs 4.5 to Rs. 5.05, Reliance Industries rose by Rs.

Profit-booking rises again in small, mid-cap, cash stocks 130 stocks negative: only seller circuit in 3 stocks

Despite small, mid-cap, cash stocks being the preferred pick today, funds, players remained marketbroadth negative rather than profit booking in many stocks. Out of the total 215 scrips traded on the BSE, the number of decliners was 161 and the number of gainers was 1910. Of course, the only seller in 8 stocks was the lower circuit against the upper circuit of the only buyer in 4 stocks.

117 crore net purchase in FII / FPI cash: DII net sale of Rs. 12 crore

FIIs - Foreign institutional investors, foreign portfolio investors - FPIs made a net purchase of Rs 119.05 crore in cash today-Tuesday. A total of Rs 31.8 crore was sold against a total purchase of Rs 4.5 crore. On the other hand, DII-domestic institutional investors had a net sale of Rs 12.5 crore in cash today. A total of Rs 4,151.5 crore was sold against a total purchase of Rs 2.17 crore.