The Sensex rose by 230 points at the end of 604 points
(Gujarat News Correspondent) MUMBAI: Global stock markets rallied in Asia and Europe today after the US Federal Reserve signaled a rise in interest rates in the coming days following concerns over inflation last week. The rise in international crude oil prices to close at ૭૪ 6 a barrel for Brent crude and ય 5 a barrel for Nymex crude was seen earlier today. Long-time overbought funds in Indian stock markets, experts today re-indexed traders in the stock market after initially calling for a fall of 206 points in the Sensex and 15 points in the Nifty after recovering the market with short covering. Funds rallied in banking-finance stocks, consumer durables, metal-mining, healthcare, oil-gas stocks and gave the market a U-turn. The central bank's selection of Indian Overseas Bank today as part of the central government's disinvestment of PSU banks led to a rise in funds in banking stocks and a decline in futures in US markets, with support in global markets rising. The Nifty spot rose by 2.7 points and closed at 131.30.
Sensex fell 205 points to 5,150, bounced back to 9 and finally rose 30 points
Trading started today with the expected bang. The Sensex opened at 313.5 against the previous close of 2.8, initially offloading automobile stocks including Maruti Suzuki, Mahindra & Mahindra and selling IT stocks with TCS, Infosys, Tech Mahindra, FMCG stocks including Nestle India, ITC and LDR. However, the Sensex fell by 204.5 points to 3140.15 at one point. State Bank of India, Bajaj Finserv, IndusInd Bank, HDFC Ltd., Kotak Mahindra Bank, HDFC Bank, Bajaj Finance, Axis Bank Cement, Reliance Industries, Tata Steel, among others, recovered from the downtrend to 8.15 and closed at 8.4, up 20.01 points.
Nifty Spot fell 14 points in the initial crash to 1908 and finally rose 3 points again.
NSE's Nifty spot opened at 17.8 against the previous close of 12.5. Initially, metal stocks including Hindalco were sold in the erosion and IT stocks including TCS, Infosys, Wipro, Tech Mahindra with Larsen & Toubro, auto stocks like Eicher Motors, Mahindra & Mahindra, Mahindra & Mahindra Sales including motors at a time 12. The point was broken and came down to 1904.5. State Bank of India, Bajaj Finserv, IndusInd Bank, HDFC Life, HDFC Ltd. and Adani Ports, NTPC, Titan Co., Hindustan Unilever, Hindustan Unilever, Tata Steel, Ultratech Digestive reached the top at 12.15 and finally rose by 3.15 points to close at 19.30.
In the last week of June trend, Nifty June futures fell from 16 to 1708 and finally rose to 16.
In the current week of the June trend in derivatives, players were caught in a recession by calling a flurry today before the end on Thursday. Of course in today’s short covering there was talk of the last experts easing the bullish trade further. The Nifty opened 16 points higher against the June futures at 19.20, dipped to a low of 1908.50 and returned to 120.50, ending at 13.8. Bank Nifty June futures opened at 9 points against 7.5, fell to 8.10 and reached 9, ending at 8.30.
Central Bank, IOB's selection for disinvestment: Jammu and Kashmir Bank, Union, Bandhan Bank emerge
Banking-finance stocks rose sharply today amid news that the central government has selected Central Bank of India and Indian Overseas Bank for disinvestment. Central Bank of India jumps Rs 3.05 to Rs 3.50, Jammu and Kashmir Bank jumps Rs 4.5 to Rs 4.5, Indian Overseas Bank jumps Rs 2.50 to Rs 4.50, South Indian Bank Shree Infra Finance jumped Rs 1.5 to Rs 12.5, Shree Infra Finance jumped Rs 1.3 to Rs 12.5, Bandhan Bank jumped Rs 3 to Rs 21.10, Union Bank of India jumped Rs 3 to Rs 5 Bank of India increased by Rs 4.5 to Rs 5, Bank of Maharashtra by Rs 1.5 increased to Rs 3.5, PNB by Rs 1.50 to Rs 31.50, Canara Bank by Rs 4. Bank of Baroda rose by Rs 30 to Rs 12.5, Bank of Baroda by Rs 2.50 to Rs 4.5, IDBI Bank by Rs 1.05 to Rs 4.5.
Bankex jumps 4 points: AU Small Bank, State Bank, Crisil, IndusInd, Centrum Capital rise
The BSE Bankex Index was up 3.01 points to close at 7.5. AU Small Finance jumped by Rs 2.50 to Rs 1,050, Federal Bank by Rs 1.50 to Rs 4.5, State Bank of India by Rs 4.5 to Rs 219.5, IndusInd Bank by Rs 19.50 Citi Union Bank increased by Rs. 1.15 to Rs. 19.50, Kotak Mahindra Bank increased by Rs. 16.05 to Rs. 13.5, HDFC Bank increased by Rs. , BF Investment up Rs 2.50 to Rs 4.5, Crisil up Rs 13.50 to Rs 2.50, Reliance Capital up Rs 1.50 to Rs 4.5, Magma Fincorp up Rs 4.5 Rs 15, Max Financial increased by Rs 2.15 to Rs 1,050.5, CSB Bank increased by Rs 11.5 to Rs 20, Centrum Capital increased by Rs 2.50 to Rs 4.5, AB Money increased by Rs 1. 30 rose to Rs. 4.5, Paisalo Digital rose by Rs. 18.5 to Rs. 219.50.
Crude oil forecast to reach 100: Oil-gas stocks rise: Reliance rises ahead of AGM
With rising international crude oil prices reaching ૭૪ 6 a barrel for Brent crude and ૭૨ 5 a barrel for Nymex crude, the Bank of America now predicts crude prices to reach ૧ 100, and oil and gas stocks rise today on record domestic petrol and diesel prices. Was. The BSE Oil-Gas Index rose by 12.5 points to close at 1,307.15. In Reliance Industries, before the June 8 AGM, the attraction had risen by Rs 13.5 to Rs 2.50. Adani Total Gas increased by Rs 2.50 to Rs 121, Gujarat Gas increased by Rs 20.5 to Rs 4.5, HPCL increased by Rs 4.5 to Rs 205.50, Petronet LNG increased by Rs 3.05 to Rs. 4.5, BPCL rose by Rs. 4.5 to Rs. 3.5 and ONGC by Rs.
Consumer durables stocks rise, led by Titan: Titan rises Rs 3 to Rs 150: Dixon rises
The BSE Consumer Durables Index rose by 2.15 points to close at 8.4 as consumer durables stocks rallied today, led by Titan. Titan Company rose by Rs 31.50 to Rs 120.5, Vaibhav Global by Rs 4.5 to Rs 2.50, Dixon Technology by Rs 19.50 to Rs 21.5, Blue Star by Rs 2.15 Rs 3.5.
Short covering in metal-mining stocks: Tata Steel, NMDC, Sail, Vedanta, APL Apollo surge
The BSE Metal Index rose by 12.5 points to close at 1,212.5 today on short-covering in selected stocks as metal-mining stocks declined. APL Apollo increased by Rs 20.50 to Rs 19.50, NMDC by Rs 2.50 to Rs 13.5, Sail by Rs 3.50 to Rs 19.50, Tata Steel by Rs 19.50 to Rs. 1,102.50, Vedanta has been allotted coal mines in Orissa to increase its price by Rs 3.50 to Rs 4.5, Hindustan Zinc has increased by Rs 4.5 to Rs 21.5, Coal India has increased by Rs 12.50, JSW Steel has increased by Rs 1. 2.4 to Rs.
Adani Group stocks rise again: Adani Ports, Adani Enterprises, Adani Total Gas, Adani Power rise
Amid reports of three FPIs' demat accounts being blocked last week in shares of Adani Group companies, it has become clear that no account has been frozen in the clarification made by NSDL in this regard and Adani Group has reduced shares in Adani Green Ngia and Adani Port Infinite. Funds in stocks rebounded today on reports of promoters buying. Adani Ports up Rs 4.05 to Rs 30.5, Adani Enterprises up Rs 4.5 to Rs 120.5, Adani Power up Rs 3.50 to Rs 120.50, Adani Transmission up Rs 21.5 Adani Green NG rose by Rs 2.10 to Rs 1,128.5, Adani Total Gas rose by Rs 2.50 to Rs 151.
Profit booking in auto stocks: Tube Investment, Balakrishna Industries, MRF, Cummins, Maruti Suzuki decline
Auto stocks of the funds traded higher today amid reports of automobile companies hitting vehicle sales as petrol and diesel prices continue to hit record highs. Tube investment fell by Rs 2.50 to Rs 114.5, Balakrishna Industries fell by Rs 4.5 to Rs 2.50, MRF fell by Rs 5 to Rs 319.05, Tata Motors fell by Rs 2.50 to Rs 4. Cummins India down Rs 4.5 to Rs 4.5, Maruti Suzuki down Rs 2.50 to Rs 301.50, Bosch down Rs 2.50 to Rs 19,110.05, Mahindra & Mahindra down Rs 5 Eicher Motors was down Rs.
Profit booking in IT stocks: Wipro, Birla Soft, Indiamart, TCS, Tech Mahindra, Infosys down
IT-software services, technology stocks were selling profitably today. Birla Soft fell by Rs 11.5 to Rs 4.5, Vakrangi by Rs 1.3 to Rs 4.5, Wipro by Rs 2.50 to Rs 2.50, Indiamart by Rs 4.5 to Rs 305 20, TCS fell by Rs. 2.5 to Rs. 3.5, Tech Mahindra fell by Rs. 3.5 to Rs. 105.50, Infosys fell by Rs. 2.15 to Rs. While Quick Hill Technology jumped Rs 4.5 to Rs 20.10, Signity Tech jumped Rs 4.5 to Rs 5, D-Link India rose Rs 19.50 to Rs 19.50, Hinduja Global jumped Rs 115. 30 rose to Rs. 2.15, Majesco rose by Rs. 3.5 to Rs. 4.5, 3 Moons Technology rose by Rs. 2.5 to Rs.
Small, Mid Cap Rise Again: 203 Stocks Positive: 7 Stocks Rise Circuit: 21 Stocks Down Circuit
In small, mid-cap, cash stocks, funds, operators, players today, the market breadth became more positive than the decline. High networth investors, experts re-valued their preferred stocks. Out of the total 8 scrips traded on the BSE today, the number of gainers was 203 and the number of losers was 16. The only seller in 21 stocks was the lower circuit against the upper circuit of the only buyer in 5 stocks.
FPIs / FII stocks sell net worth Rs 15 crore in cash, DII sells net worth Rs 12 crore in cash
FPI-foreign portfolio investors had a net sale of Rs 12.51 crore in the cash segment on Monday. A total of Rs 20.18 crore was sold against a total purchase of Rs 4.5 crore. On the other hand, DIIs-domestic institutional investors made a net purchase of Rs 19.09 crore in the cash segment today. A total of Rs 30.7 crore was sold against a total purchase of Rs 206.51 crore.
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