The Sensex fell 20 points to 51,309

(Gujarat News Correspondent) Mumbai, Ta. 10 February 2021, Wednesday

For the second day in a row, the market closed in the negative zone for the second day in a row after local fund-institutional investors started booking big profits with a flurry of stocks, breaking a new round of bullishness that began with the central budget yesterday. Local funds increased offloading in stocks yesterday against continued buying figures in foreign funds stocks. At a time when Indian stock markets have been in an overbought position for a long time and a major correction-reduction is certain, the move has been visible in the stock markets since the beginning of this week, signaling that the time has come. After the Reserve Bank of India (RBI) projected India's economic growth to be positive at 10.7 per cent for the year 2021 after the Union Budget, there are no new factors or events to bolster market sentiment. Funds have started offloading stocks. Capital goods frontline stocks were softening as profit booking was made in banking stocks today. Of course, finance heavyweight stocks rallied, frontline IT and pharma stocks rallied, Reliance Industries, auto stocks strengthened, other banking, FMCG, IT heavyweight stocks offloaded and the Sensex fell by 12.5 points to 20.8 at the end of the two-way fluctuations. The points were down and closed at 19109.50.

The Sensex initially rose in strength to 31,215 and then fell 30 points to 30,030 at the end of the fall.

Trading started strong today. The Sensex opened higher at 219.05 against the previous close of 218.05, initially gaining momentum with TCS, HCL Technology, Reliance Industries, HDFC Ltd, Sun Pharma as well as Mahindra & Mahindra, Bajaj Finserv, Bajaj Finance, Mahindra, Bajaj Finance, Hind. Attractions, including auto and Asian paints, rose by 12.51 points to 21,512.5 at one point. It fell 4.3 points from the highs and 2.4 points from the previous close at one point to a low of 206.5. After recovering at the end of the recession, it fell by 14.5 points to close at 31,606.5.

Nifty spot rose intra-day till 1915, lost 15,000 and fell to 16 at the end of 19102

Bajaj Finserv, Bajaj Finance, SBI Life Insurance, HDFC Life and Reliance Industries, Mahindra & Mahindra, Mahindra & Mahindra, Mahindra & Mahindra, Mahindra & Mahindra, Mahindra & Mahindra, Mahindra & Mahindra Attractions including JSW Steel, Hindustan Unilever, HDFC Limited, Sun Pharma, Shree Cement, Titan Company rose to 1912.8 at one point. Returning from the highs, offloading in HDFC Bank, Eicher Motors, Bharti Airtel, Tata Steel, Britannia, ONGC, IOC fell to 19.40 and fell by 3.50 points to close at 12,109.50.

Consumer durables stocks rise: TTK Prestige rises by Rs 105, Dixon by Rs 1,050, Whirlpool by Rs 15

Funds in consumer durables stocks rebounded sharply again today. TTK Prestige jumped by Rs 1,081.50 to Rs 21.5, Dixon Technology by Rs 1,050.10 to Rs 19,205.50, Whirlpool of India by Rs 19.15 to Rs 4.5, Amber by Rs 4. 10 rose to Rs. 3.10, Blue Star rose by Rs. 2.50 to Rs. 219.50, Voltas rose by Rs. 10 to Rs.

Future Positive Against Spot: February Nifty Future Rises from 19109 to 1913: Bank Nifty Future Declines 2

Nifty-based in derivatives, funds showed a reversal rather than a spot on the upside at the end of the day. The Nifty February futures opened at 16,108 against 19,102.5, fell to 19,120 at the top and fell to 14 at the end of 1,412. The Bank Nifty opened at 20 points against the February futures 202.5, fell to 7 from 7.5 at the end of the day.

HDFC Bank, RBL Bank, Axis Bank, Spandana, DHFL, MCX, Can Fin Home declined

Banking-finance stocks saw a mixed trend today. HDFC Bank fell by Rs 4.5 to Rs 12.50, RBL Bank fell by Rs 3 to Rs 2.10, Axis Bank fell by Rs 2.50 to Rs 2.50, Citi Union Bank fell by Rs 1.2 to Rs. State Bank of India fell by Rs 4.5 to Rs 3.05 and IndusInd Bank fell by Rs 2.09 to Rs 105.15. While Spandana fell by Rs 2.10 to Rs 217.50, DHFL by Rs 19.5, MCX by Rs 2.50 to Rs 19.50, J&K Bank by Rs 1.10 to Rs 4.5, Canfin Home Finance fell by Rs 2.10 to Rs 30.50 and Motilal Oswal by Rs 10.10 to Rs 200.5.

Selective rally in auto stocks: Motherson Sumi, MRF, Cummins, Mahindra, Amarraja batteries rise

Automobile stocks were selling profitably in some stocks today against the attraction of selective stocks. Motherson Sumi rose by Rs 19.50 to Rs 19.50, MRF by Rs 4.5 to Rs 2007, Cummins India by Rs 21.5 to Rs 2.50, Mahindra & Mahindra by Rs 13.5 to Rs. 314.5, Amarraja Batteries rose by Rs 20.50 to Rs 4.5, Hero MotoCorp rose by Rs 21.50 to Rs 4.5. While Eicher Motors fell by Rs 4.5 to Rs 3.10.

Oil stocks rise by Rs 15 to Rs 15: ONGC, IOC, BPCL, Petronet fall

Oil-gas stocks were selling profitable funds today. ONGC fell by Rs 1.05 to Rs 4.5, IOC by Rs 1 to Rs 2.50, BPCL by Rs 4.5 to Rs 219.50, Petronet LNG by Rs 1.2 to Rs 20.5 Were living. While Gail India rose by Rs 4.5 to Rs 12.5, Reliance Industries rose by Rs 19.50 to Rs 19.5.

Pharma stocks decline in value buying: Sequent, JB Chemicals, Suven Pharma, Newland Lab., Granules, Cipla, Lupine Rise

Pharmaceuticals-healthcare stocks were the preferred choice today on declining funds. Sequential Scientific increased by Rs 11.5 to Rs 4.5, JB Chemicals by Rs 3.10 to Rs 105.50, Suven Pharma by Rs 20.5 to Rs 205.5, Newland Lab by Rs 4.5. 2018.05, Granules India increased by Rs. 11.50 to Rs. 4.5, Piramal Enterprises increased by Rs. 2.50 to Rs. 19.15, Cipla increased by Rs. 21.05 to Rs. 3.5, Lupine increased by Rs. 19.50 to Rs.

Attraction in Capital Goods stocks: Graphite India rises by Rs 2, Bharat Forge by Rs 11, SKF India by Rs 5

Capital goods stocks were the choice of funds today. Graphite India was up by Rs 4.5 to Rs 4.5, Bharat Forge was up by Rs 10.50 to Rs 4.5, SKF India was up by Rs 2.50 to Rs 4. While Kalpataru Power fell by Rs 4.5 to Rs 2.50, Vigard fell by Rs 4.5 to Rs 5, Larsen & Toubro fell by Rs 12.5 to Rs 19.50.

Bajaj Finserv, Bajaj Finance, IIFL, Muthoot, Indiabulls, ABI Life, Housing boom

Among other finance stocks, IIFL rose by Rs 4.5 to Rs 4.5, Magma by Rs 4.50 to Rs 4.5, Muthoot Finance by Rs 21.50 to Rs 19.50, Indiabulls Housing Finance by Rs. 15.8 increased to Rs. 31.50, IDFC Ltd. increased by Rs. 3.10 to Rs. 9.10, AU Bank increased by Rs. 2.5 to Rs. 1110, housing increased by Rs. 2.50 to Rs. Bajaj Finserv increased by Rs 2.50 to Rs 10,9.50, SBI Life increased by Rs 20.5 to Rs 206.5, HDFC Life increased by Rs 15.50 to Rs 316.5, Bajaj Finance increased by Rs 4. 20 to Rs. 3.5.

Funds, players' small, mid-cap stocks rebound selectively: 12 stocks negative: only buyer's circuit in 21 stocks

In small, mid-cap, cash stocks today, funds, players again made selective purchases, but continued selling in many stocks, with market breadth remaining negative. Out of the total 215 scrips traded on the BSE, the number of gainers was 16 and the number of losers was 16. Only 21 stocks had a bearish upper circuit while 30 stocks had a bearish lower circuit.

FPIs / FIIs net purchase of Rs. 12 crore in cash: Net sale of Rs. 204 crore shares in DII cash

FIIs - Foreign Institutional Investors - Foreign Portfolio Investors - FPIs made a net purchase of Rs 12.5 crore in cash today-Wednesday. Of this, a total of Rs 2.17 crore was sold against a total purchase of Rs 206.10 crore. On the other hand, DIIs-domestic institutional investors had a net sale of Rs 302.5 crore in cash today. A total of Rs 2.7 crore was sold against a total purchase of Rs 2.31 crore.