Historic rally: Sensex jumps 476 points to new record high of 58723

(Gujarat News Correspondent) Mumbai: Mumbai, Wednesday

With the central government today announcing a major relief package for the troubled telecom sector and approving a Rs 302 crore PLI scheme for the automobile sector, as well as good monsoon progress in the country, the funds rebounded all-round in stocks today, taking the market to historic highs. The third wave of Coro's transition, which is not immediately worrying in India and has led to a global boom in market stocks, ignoring global negative factors as industrial and economic activity is on the rise. On the international front, however, reports that the transition to the China Delta forced a complete lockdown of a city of 4 million people and that the epidemic would further slow down economic recovery in the world's superpowers, including the United States and Europe, have raised concerns in global markets. This led to an aggressive rally in funds in IT-software services stocks in anticipation of growing business opportunities for re-digitization in the coming days. Along with this, automobile, banking-finance, consumer durables, metal-mining, oil-gas stocks gained 2.11 points, the Sensex jumped 4.50 points and the Nifty spot jumped 13.5 points to a new record high of 1912.8. International crude oil prices continued to rise today, with Brent crude rising 20 cents to ૭૪ 2.50 a barrel and Nymex crude rising 3 cents to ૭ 21.8.

Sensex bounces sharply, makes new history, jumps 3 points to record new

Trading started today at the expected strength. The Sensex opened at 5.11 against the previous close of 2.09, with IT-software services stocks making big purchases in TCS, HCL Technology, Infosys, Tech Mahindra and telecom packages attracting Bharti Airtel, NTPC and banking-finance shares. Bank, ICICI Bank and Larsen & Toubro, Bajaj Auto, Power Grid Corp, Dr. Reddy's Laboratories, Reliance Industries, among others. Was.

Nifty spot makes 14 new history in stormy boom

NSE's Nifty spot opened at 12.5 against the previous close of 120. IT stocks from the start are bullish. With the rise in Grid Corp and ONGC, Reliance Industries, Titan Company, Tata Motors, Hindalco, Adani Ports, Diviz Laboratories, Larsen, Shree Cement, IOC, HDFC Life Insurance. It had gained 6 points to close at a record high of 1912.8.

IT index rises 3 points: Zensar, Ramco Systems, NIIT, Emphasis, MindTree rise

The BSE IT index closed at an all-time high of 7.5, up 3.05 points on the back of an aggressive rally in funds in IT-software services and technology stocks. Zensar Technology jumped by Rs 4.5 to Rs 3.05, Ramco System jumped by Rs 20.50 to Rs 314.50, Ciant jumped by Rs 21.50 to Rs 1111.50, NIIT rose by Rs 15 to Rs 4. 3, Mastek jumped by Rs 12.50 to Rs 305, Emphasis by Rs 19.50 to Rs 215, MindTree by Rs 19.5 to Rs 31115.5, Aptech by Rs 11.50 to Rs 3.50, Quick Hill rose by Rs 2.50 to Rs 2.09, HCL Technology by Rs 4.5 to Rs 12.5, Datametics by Rs 2.10 to Rs 313.5, Persistent by Rs 20.50 to Rs. 2.3, Infosys up Rs 2.50 to Rs 1,311.10, L&T Infotech up Rs 4.5 to Rs 7.5, Coforge up Rs 21.5 up to Rs 2.50, L&T Technology up Rs Tech Mahindra rose by Rs 4.5 to Rs 4.5, Tech Mahindra by Rs 11.5 to Rs 19.50, Oracle Finserv by Rs 21.5 to Rs 3.10.

Consumer durables stocks rise: Titan jumps Rs 5 to Rs 4,115: Bajaj Electric, Blue Star, Rajesh Exports rise

The BSE Consumer Durables Index jumped 3.4 points to close at 31,606.9 today on the back of an aggressive rally by funds in stocks of consumer durables companies. Titan Company jumps Rs 2.50 to Rs 5,114.5, Bajaj Electric rises Rs 2.15 to Rs 1,312.5, Blue Star rises Rs 19.50 to Rs 3.50, Rajex Exports rises Rs 4.5 Voltas rose by Rs 11.50 to Rs 19.5.

Auto stocks rise: Tube Inv. Rs 6 to Rs 12: Motherson, Ashok Leyland, Tata Motors, Balakrishna Industries rise

With the Cabinet approving a Rs 302 crore Production Linked Incentive Scheme (PLI) for the automobile sector and the good progress of the monsoon, funds were being pumped into automobile stocks today. Tube investment rose by Rs 2.15 to Rs 19.50, Motherson Sumi rose by Rs 2.50 to Rs 4.5, Ashok Leyland rose by Rs 2.50 to Rs 19.50, Tata Motors rose by Rs 2.50. Rs 711.5, Balakrishna Industries up Rs 2.50 to Rs 7.5, Bajaj Auto up Rs 4.5 to Rs 30, Hero MotoCorp up Rs 4.5 to Rs 4.5, Eicher Motors up Rs. 4 to Rs. 31.50, Mahindra & Mahindra by Rs. 2.5 to Rs. 2.09, Bosch by Rs.

Bankex rises 2 points on attraction in banking stocks: State Bank rises Rs 11 to Rs 5: Bandhan Bank, IndusInd Bank rises

The BSE Bankex Index rose 3.3 points to close at 206.9 on the back of sustained gains in banking and finance stocks. State Bank of India rose by Rs 10.50 to Rs 7.5, Bandhan Bank by Rs 4.5 to Rs 21.15, IndusInd Bank by Rs 12.5 to Rs 109.5, Federal Bank by Rs 1. ૩૫ Increased to Rs 4.5, ICICI Bank jumped by Rs 2.50 to Rs 313.10, Karnataka Bank jumped by Rs 2.50 to Rs 4.5, Dhanlaxmi Bank by Rs 19.50, PNB Giltus by Rs 4. 3 increased to Rs. 2.50, AB Money increased by Rs. 2.15 to Rs. 3.5, Canara Bank increased by Rs. 2.5 to Rs. Baroda was up by Rs 2.50 to Rs 31.5, while ICICI Securities was up by Rs 31.50 to Rs 4.5.

Brent crude oil price rises to 2.50 a barrel: ONGC, Adani Total Gas, IOC, Petronet LNG rise

International crude oil prices continued to rise, with Brent crude rising 20 cents to ૫ 2.50 and Nymex crude rising 3 cents to ૭ 21.8. Funds were raised in oil and gas stocks. ONGS rose by Rs 4.5 to Rs 12.5, Adani Total Gas rose by Rs 21.5 to Rs 1,905, IOC rose by Rs 1.2 to Rs 114.5, Petronet LNG rose by Rs 2.15 to Rs 5 Gayle rose by Rs 1.15 to Rs 19.10, HPCL by Rs 1.50 to Rs 4.5 and Reliance Industries by Rs 10.5 to Rs 4.5.

Attraction in metal-mining stocks: Coal India, Hindalco, NMDC, Vedanta, JSW Steel rise

Metal stocks were bullish on expectations of increased export opportunities for Indian steel and metal companies as a result of restrictions on metal production in China. The BSE Metal Index rose by 206.15 points to close at 3111.8. Coal India rose by Rs 4.5 to Rs 151, Hindalco by Rs 4.5 to Rs 4.5, NMDC by Rs 4.5 to Rs 19.50, Vedanta by Rs 2.50 to Rs 205, JSW Steel rose by Rs 2.50 to Rs 3.10.

Healthcare stocks continue to rise: Hikeal jumps Rs 8 to Rs 210: Wockhardt, Gland, Unichem, Stride Arcolab, Metropolis rises

The BSE Healthcare Index rose by 16.05 points to close at 7.5, as the stock of healthcare-pharmaceuticals companies continued to rise. Hikeal increased by Rs 4.5 to Rs 210.05, Wockhardt by Rs 2.10 to Rs 2.50, Glend Pharma by Rs 303.50 to Rs 3015.50, Unichem Labs by Rs 10.15 to Rs. 7, Stride Arcolab increased by Rs 31.50 to Rs 4.5, Metropolis increased by Rs 2.50 to Rs 316.5, Lincoln Pharma increased by Rs 10.15 to Rs 4.50, Albert David increased by Rs 11.50. Indoco Remedies increased by Rs. 8.10 to Rs. Lalpath Lab was up by Rs 2.15 to Rs 318, while Laurus Labs was up by Rs 11.5 to Rs 2.50.

Funds in small, mid-cap stocks, broad rise of players: 203 stocks positive closed: bullish circuit in 6 stocks

The market breadth remained positive as the Sensex, Nifty-based funds continued their bullish storm today, with small, mid-cap, cash stocks continuing to bounce back. Out of the total 21 scrips traded on the BSE, the number of gainers was 203 and the number of losers was 16. The only seller in 12 stocks was the lower circuit, as opposed to the upper circuit of the only buyer in 5 stocks.

Investors' asset-market capitalization rises by Rs 2.15 lakh crore to record high of Rs 4.5 lakh crore

The accumulated market capitalization of listed companies on the BSE-investors' assets rose by Rs 2.15 lakh crore in a single day to a new record high of Rs 4.5 lakh crore on the back of a massive rally in funds.

Net purchase of Rs 3 crore shares in FPI / FII cash: Net purchase of Rs 15 crore in DII cash

FIIs - Foreign institutional investors, foreign portfolio investors - FPIs made a net purchase of Rs 4.5 crore in cash today-Wednesday. A total of Rs 10,8.5 crore was sold against a total purchase of Rs 11,12.5 crore. On the other hand, DIIs-domestic institutional investors made a net purchase of Rs 12.5 crore in cash today. A total of Rs 4.5 crore was sold against a total purchase of Rs 4.5 crore.