The Sensex jumped 226 points to 55555

-


Mu. Extraordinary Erosion of Capital in Small, Mid Cap Funds: Massive Redemption

(Gujarat News Correspondent) MUMBAI: Despite concerns over the global corona transition, China has managed to stem the transition to local corona and the recent regulatory measures by China have led to a rapid recovery in erosion of technology stocks. The market rebounded. The erosion, which started last week with the end of bullishness in small, mid-cap, sugar stocks and cash segments, which had been seen in Indian stock markets for a long time despite the Sensex and Nifty-based gains, continued to rise on the first day of the week. Panic was seen as funds, operators, players, high networth investors continued to sell stocks at all-time prices, continuing to sell stocks for the safety of their capital. With the performance of small, mid-cap funds and schemes likely to deteriorate in the coming days, redemption of investors from mutual funds is on the rise and large-scale redemption is likely to come in the coming days. The benchmark Sensex rose 4.5 points to 3.8 and the Nifty spot rose on the back of strong buying in IT-software services, technology stocks and oil-gas stocks, including Reliance. It had risen to close at 12.5. International crude oil prices also rose sharply again today after the biggest weekly decline since 2014. Brent crude was up ૯૪ 1.8 a barrel at 2.15 an ounce and Nymex crude was up ૭૮ 1.3 a barrel to close at ૯૨ 4.5. The US dollar had lost 15 paise to Rs 5.31 against the rupee.

The Sensex initially rose from 7 to 21, fell to 20 and finally rose by 3 points to 9.

Trading started strong today. The Sensex opened at 4.5 against the previous close of 7.5, with new takers rising to 31.15 from the outset. At the end of the day, the fund's sell-off fell to 20.5 points, while the fund's IT, banking and FMCG stocks rose 3.6 points to close at 7.5.

Nifty spot increased from 150 to 16, came down to 12 and finally increased by 3 points to 16.

The Nifty spot on the NSE opened at 17.8 against the previous close of 120.90, rising sharply from the beginning to 17.30 and then selling again.

In IT stocks, MindTree jumped Rs 15 to Rs 300, HCL Tech jumped Rs 3, L&T Infotech jumped Rs 15.

IT-software services, technology stocks also rallied in Indian markets today with a rapid recovery after the erosion in IT stocks in China. The BSE IT index rose by 2.15 points to close at 311.8. MindTree jumps up Rs 16.05 to Rs 200.5, HCL Technology announces benefits to its employees on good performance, including Mercedes 30 jumps to Rs 206.5, TCS rises by Rs 2.50 to Rs 4.5, L&T technology rises by Rs 2.50 to Rs 5, Coforge rises by Rs 4.5 to Rs 2.50, Wipro rises by Rs Infosys rose by Rs 3.50 to Rs 4.5 and Infosys by Rs 3.05 to Rs 19.50.

Selective rise in oil and gas stocks on rising crude oil: Adani total rises by Rs 5 to Rs 1,117: ONGC, Reliance rise

International crude oil prices rebounded sharply, with Brent crude jumping as high as ડો 2 to ૬૭ 8 a barrel today in the fund's preferred oil and gas stocks. Adani Total Gas rose by Rs 4.5 to Rs 1,114.5, ONGC by Rs 1.50 to Rs 111.50 and Reliance Industries by Rs 19.50 to Rs 218.50. While Gujarat Gas fell by Rs 13.5 to Rs 2.50, BPCL fell by Rs 4.5 to Rs 21.50.

Attractions in finance stocks: Bajaj Finserv, New India Assurance, SBI Card, Kotak Bank, IndusInd Bank rise

Even in finance-banking stocks, the funds made a choice today. Kotak Mahindra Bank rose by Rs 13.5 to Rs 1915.50, IndusInd Bank rose by Rs 2.50 to Rs 4.5, HDFC Bank rose by Rs 3.15 to Rs 19.50, State Bank of India rose by Rs 5. .9 increased to Rs. Along with this, New India Assurance jumped by Rs 4.5 to Rs 181, Paisalo Digital by Rs 19.5 to Rs 5, ICICI Prudential by Rs 19.50 to Rs 21.5, Bajaj Finserv by Rs 206.5 .160, SBI Card increased by Rs. 18.5 to Rs. 3 to Rs.

Wide gaps in small, mid-cap, cash stocks: 203 stocks close negative: only sellers in 203 stocks bearish circuit

Sensex, Nifty-based funds show gains. Out of the total 6 scrips traded on the BSE, the number of gainers was only 4 and the number of decliners was 203. The only seller in 203 stocks was the lower circuit against the bullish circuit of only buyers in 20 stocks.

FPIs / FIIs sell net worth Rs 15 crore in cash: DII sells net worth Rs 15 crore in cash

FII-foreign institutional investors, foreign portfolio investors-FPIs were to sell net worth of Rs 12.5 crore in cash today-Monday. A total of Rs 4.5 crore was sold against a total purchase of Rs 20.8 crore. On the other hand, DIIs-domestic institutional investors made a net purchase of Rs 12.51 crore in cash today. A total of Rs 4.08 crore was sold against a total purchase of Rs 4.5 crore.

Investors' asset-market capitalization fell by Rs 2,000 crore to Rs 2.5 lakh crore in one day

The accumulated market capitalization of companies listed on the BSE, the assets of investors fell by Rs 2,000 crore in a single day to Rs 4.5 lakh crore today.

Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro...
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja...
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se...
Read more