The Sensex jumped 403 points to 55958


Selling of foreign portfolio investors against the rise in stocks of local funds

(Gujarat News Correspondent) MUMBAI: The government on Monday announced plans to monetize various government properties worth Rs 3 lakh crore, including raising a lot of assets and leasing them to raise money for the country's exchequer. Funds stormed sharply today ahead of the end of the August trend in F&O due to various positive factors with reports that direct investment will be allowed. On the global front, crude oil prices continued to rise in anticipation of a recovery in China and global economic recovery in the face of growing corona transition in the United States and in European countries. The funds made aggressive purchases with short covering in stocks as they approached à«­à«« 4.5. The Sensex, Nifty-based funds today made profit-booking in FMCG, IT-software services, technology stocks against an aggressive rally in banking-finance, power-capital goods, automobile, metal-mining stocks. Along with this, small, mid-cap and cash segments also saw a sharp decline in stocks today. But small, mid-cap, local funds in a number of cash stocks, mutual funds continued to offload the stocks on the back of the possibility of NAV turmoil in the coming days and consequent massive redemption pressure from investors. The Sensex again jumped above the level of 2000 to reach 203.5, rising 202.15 points to 3.7 and the Nifty spot reached a high of 19.10, closing at 19.30, up 19.15 points. The US dollar had lost two paise to Rs 2.15 against the rupee.

Sensex rises 3 points to 205, rises 209.15 points

Trading started cautiously today. The Sensex opened at 5.11 against the previous close of 7.5, after selling in FMCG stocks and IT stocks. With the aggressive purchase of funds by SEBI to allow Bajaj Finserv to start mutual fund business, the attraction includes Bajaj Finance, HDFC Bank, State Bank of India, ICICI Bank, IndusInd Bank, Axis Bank and Tata Steel, Mahindra & Mahindra, LTB. Dr. Reddy's Laboratories, Ultratech Cement, Reliance Industries, Power Grid Corp, among others.

In Nifty caution, it rose to 19 and reached 13. In the end, it rose 16 points to 16

NSE's Nifty spot opened at 121.30 against the previous close of 12.5. Profit bookings, including Titan, Hero MotoCorp and Asian Paints, fell to 12.50. With Bajaj Finserv, HDFC Bank, SBI Life Insurance, State Bank of India, ICICI Bank and Adani Ports as well as Metal-Mining stocks including Hindalco, Tata Steel, Coal India and Dr. In UPL, Larsen, Mahindra & Mahindra, Lavali rose to 19.10 points and closed at 12.50 points, up 19.15 points.

Bajaj Finserv Mu. Approval to start fund business jumps up to Rs 1,505: Ujjivan Small, AB Money jumps

Funds bought heavily in finance stocks today. Bajaj Finserv was allowed to start mutual fund business by the Securities and Exchange Board of India (SEBI). Bajaj Finance rose by Rs 2.50 to Rs 7.5, Ujjivan Small by Rs 1.50 to Rs 30.5, Satin Credit by Rs 2.15 to Rs 8, AB Money by Rs 4.5 to Rs. 4.50, Motilal Oswal jumps by Rs. 6.05 to Rs. Finance rose by Rs 4.5 to Rs 12.50, JM Financial rose by Rs 7.5 to Rs 20.8, JSW Holding rose by Rs 21.50 to Rs 2.50, Religare Enterprises rose by Rs 4.05 to Rs. JK Bank up Rs 1.5 to Rs 3.10, Centrum Capital up Rs 1.5 to Rs 4.5, Care Ratings up Rs 4.5 to Rs 21.50 31.3 to Rs. 1111.05, IDFC Ltd. rose by Rs.

Funds rise in banking stocks: AU Small Fin, HDFC Bank, State Bank, ICICI Bank

The BSE Bankex Index rose 4.5 points to close at 203.8, on a broader rally in banking stocks. AU Small Finance rose by Rs 4.5 to Rs 12.5, Federal Bank by Rs 1.50 to Rs 20.15, HDFC Bank by Rs 4.5 to Rs 12.5, State Bank of India by Rs 5 ICICI Bank rose by Rs. 5 to Rs. 513.5, ICICI Bank by Rs. .

Short covering in metal-mining stocks: NMDC, Vedanta, Sail, Hindalco, Tata Steel rise

In metal-mining stocks, the BSE Metal Index rose 20.5 points to close at 12.5 today on a short-term rally by funds. NMDC rose by Rs 2.50 to Rs 19.50, Vedanta by Rs 11.5 to Rs 2.50, Sail by Rs 5 to Rs 115.50, Hindalco by Rs 15 to Rs 31, Tata Steel by Rs. Jindal Steel rose by Rs 4.5 to Rs 4.5, Hindustan Zinc by Rs 2.50 to Rs 218.50, Coal India by Rs 4.5 to Rs 13.5. Were.

Power-capital goods stocks rise: BHEL, Honeywell Automation, Graphite India, Larsen rise

Funds also rallied broadly today in power-capital goods stocks. The BSE Capital Goods Index rose by 206.5 points to close at 8.30. Hindustan Aeronautics up Rs 5.05 to Rs 115.05, BHEL up Rs 1.50 to Rs 4.5, Honeywell Automation up Rs 115.5 to Rs 4.5, Graphite India up Rs 15.15 .903.50, Grindwell Norton increased by Rs. 4.5 to Rs. 12.5, Adani Green increased by Rs. 3.5 to Rs. 3.50, Lakshmi Machine Works increased by Rs. Larsen & Toubro rose by Rs 4.5 to Rs 1,505.5, Carborundum Universal by Rs 10.8 to Rs 2.50.

Fraudulent rise in small, mid-cap stocks: Funds, operators surge

The Sensex and Nifty-based funds rallied sharply today, with small, mid-cap and cash stocks also showing signs of recovery. Of course, there was talk of funds, operators today easing the rally by consistently selling in several small, mid-cap stocks. Out of the total 6 scrips traded on the BSE, the number of gainers was 3111 and the number of decliners was 104. The only seller in 8 stocks was the lower circuit against the bullish circuit of 202 stocks.

TD Power Systems jumps Rs 5 to Rs 5: HOCL, EIS, Caprihans, Kabra, speeds up

The small, mid-cap, cash segment was witnessing an aggressive rally of funds today. HOCL jumps up Rs 4.5 to Rs 3.10, EIS jumps Rs 9 to Rs 150, TD Power Systems jumps Rs 2.50 to Rs 4.5 Kelton Technology jumped by Rs 2.10 to Rs 4.5, Gati Ltd rose by Rs 13.5 to Rs 19.50, Thirumalai Chemicals by Rs 19.50 to Rs 19.5, Sahyadri Industries by Rs 3 to Rs. 4.5.

FPIs / FIIs sell net worth of Rs 15 crore in cash: DIIs buy Rs 30 crore in cash

FIIs - Foreign institutional investors, foreign portfolio investors - FPIs were to sell net worth of Rs 12.51 crore in cash today-Monday. A total of Rs 4,015.7 crore was sold against a total purchase of Rs 21.5 crore. On the other hand, DII-domestic institutional investors made a net purchase of Rs 20.05 crore in cash today. A total of Rs 303.15 crore was sold against a total purchase of Rs 216.50 crore.

Investors' wealth rose by Rs 2.50 lakh crore in one day to Rs 20.8 lakh crore

The accumulated market capitalization of companies listed on the BSE, investors' wealth rose by Rs 3.50 lakh crore in a single day to Rs 20.5 lakh crore today.

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