The Sensex fell 127 points to 58,178 at the end of the day

 

Investors' wealth rises to Rs 2.5 lakh crore: Small, mid-cap boom

(Gujarat News Correspondent) MUMBAI: The Sensex, the Nifty, which has been showing an uninterrupted historical rally for a long time, today took a break and softened again, despite the positive progress of the monsoon and the third wave of Koro transition in the country. As the market has reached an index-based target, it is imperative for the Nifty to jump above the 1,200 level. But funds, players, high networth investors remained small today in the small, mid-cap, cash segment stocks all-round wide bullish storm market breadth remained positive. On the international front, reports of the resumption of Corona Delta transition in China within a month saw a softening of cautiousness in global markets today amid concerns. In the US, crude oil prices rose by ૮૮ 6 a barrel to ૭૪ 2.50 an ounce and Nymex crude was up 3 cents to close at ૭ 20.81 a barrel. The Sensex was down 19.61 points at 314.5 and the Nifty spot was down 19.5 points at 17.40 as the index-based fund sold off banking-finance frontline stocks at the end of the day. Shares of healthcare-pharmaceuticals companies were uptrending along with funds in IT-software services, metal-mining stocks. The US dollar had gained 17 paise to close at Rs 4.5 against the rupee.

Sensex plunges 15 points to 315

Trading started today with a cautious softness. The Sensex opened at 5.11 against the previous close of 209.05, initially with precautionary gains in profit-booking in Reliance Industries, ICICI Bank, HDFC Bank, IndusInd Bank, Axis Bank and Hindustan Unilever, Mahindra & Infra. It had come down to 7.5. The decline has led to a surge in IT-software services stocks such as TCS, HCL Technology and metal stocks including Tata Steel and Bharti Airtel, Maruti Suzuki, Bajaj Finserv, Kotak Mahindra Bank, ITC, Asian Paints, HDFC and Ltd. Funds in the pharma sector rose at one point to 313.5 and ended at 168.1 points, down 13.61 points.

In Nifty spot afdatphadi, between 12 and 15 above, Fungolai fell by 12 points to 16.

NSE's Nifty spot opened sharply lower at 12.5 against the previous close of 17.8. Sales of motors, Mahindra & Mahindra, Hero MotoCorp, Bajaj Auto and others fell to 19.15. The decline was due to rise in funds of metal-mining stocks including Hindalco, Coal India, JSW Steel, Tata Steel and IT stocks including TCS, Wipro, HCL Technology and Kotak Mahindra Bank, BPCL, Bajaj Finserv, IOC, Diviz Labs, ONGC, Tata Motors, among others, rose sharply to 17.5 points, falling 13.5 points to close at 19.20.

Banking stocks down 205 points on profit booking in banking stocks: ICICI, AU Small, HDFC

In banking-finance stocks, the BSE Bankex Index fell by 206.5 points to close at 31,606.5, with funds booking profit today. AU Small Finance Bank fell by Rs 2.50 to Rs 1,150.15, ICICI Bank fell by Rs 19.50 to Rs 205.50, HDFC Bank fell by Rs 19.50 to Rs 17.5, IndusInd Bank fell by Rs 4. 6 fell to Rs. Along with this, Armaan Financial was down by Rs 2.50 to Rs 4.5, Cams by Rs 2.10 to Rs 205.50 and Motilal Oswal by Rs 13.5 to Rs 4. Kotak Mahindra Bank rose by Rs 13.5 to Rs 19.50, New India Assurance by Rs 4.5 to Rs 19.50, Ujjivan Financial by Rs 4.5 to Rs 12.5, Angel Broking by Rs 4. 20 to Rs. 12.50, IIFL Finance by Rs. 12.50 to Rs. 205.15, Shriram City Union by Rs. 2.50 to Rs. .

Metal stocks rise in China as production controls, aluminum rises to 2,000: Hindalco rises Rs 15

Metal-mining companies today speculated that global metal supply would decline and India would be the "advantage" as steel production in China, including steel and aluminum, was restricted in some provinces and aluminum prices in London reached an 18-year high of ૩ 2,000 per tonne. The BSE Metal Index rose by 206.5 points to close at 3104.5. Coal India rose by Rs 3 to Rs 19.50, Hindalco by Rs 13.5 to Rs 2.50, Vedanta by Rs 2.50 to Rs 205.50, Hindustan Zinc by Rs 2 to Rs 2.50, Tata Steel was up by Rs 13.5 to Rs 19.15, while JSW Steel was up by Rs 4.5 to Rs 4.5.

IT stocks rise: Saskat rises by Rs 5 to Rs 12: Firstshore, MindTree, Scient, Persistent system

The BSE IT index closed 4.08 points higher at 5.05 as funds in IT-software services and technology stocks rallied today. TCS rose by Rs 2.15 to Rs 2.50, Wipro by Rs 2.50 to Rs 30.50, Coforge by Rs 20.50 to Rs 316.5 A&T Technology up Rs 2.50 to Rs 2.50, Happy Mind up Rs 2.50 to Rs 150.10, Intellect Design up Rs 11.5 up to Rs 3.15, Emphasis up Rs 2.50 Hinduja Global rose by Rs 131.10 to Rs 3.05, Zensar Technology by Rs 13.5 to Rs 2.50, NIIT by Rs 4.5 to Rs 215.

Healthcare stocks rise: FDC jumps Rs 5 to Rs 20: Syngen Inter rises Rs 5: Abbott, Dishman rise

Funds in pharmaceuticals-healthcare stocks made selective purchases today. FDC jumps up Rs 3.05 to Rs 4.5, Syngen Inter rises Rs 2.50 to Rs 2.50, Dishman Carbogen rises Rs 11.5 to Rs 316.05, Morpen Lab rises Rs 2.15 to Rs .8.5, Abbott India increased by Rs. 206.50 to Rs. 2 to Rs. 203.50. While Shilpa Medi fell by Rs 4.5 to Rs 3, Lincoln Pharma by Rs 13.5 to Rs 2.50, Newland Lab by Rs 21.50 to Rs 15, Panacea Biotech by Rs 4.5 to Rs 21. , Gland was down Rs 3.05 to Rs 210.3.

Small, Mid-Cap Stocks Rise MarketBroadth Positive: 1913 Shares Positive Close: 8 Stocks Rise Circuit

Index-based small, mid-cap, cash-strapped funds, experts, players, high networth investors were more broad-marketed than broad-valued buying today. Out of the total 9 scrips traded on the BSE, the number of gainers was 1,217 and the number of losers was 19. The only seller in 4 stocks was the lower circuit against the bullish circuit of only buyers in 3 stocks.

FPI / FII Cash Net Purchase of Rs. 1316 Crore Shares: DII Cash Shares of Rs. 20 Crore Sell

FIIs-Foreign Institutional Investors, Foreign Portfolio Investors-FPIs were net buying in cash worth Rs 1,312.51 crore in cash today-Monday. A total of Rs 2.7 crore was sold against a total purchase of Rs 2.15 crore. Meanwhile, DIIs-domestic institutional investors had a net sale of Rs 4.5 crore in cash today. A total of Rs 2.7 crore was sold against a total purchase of Rs 216.5 crore.

Investors' asset-market capitalization rises by Rs 2,000 crore to Rs 2.5 lakh crore

The combined market capitalization of BSE-listed companies, investors' wealth rose by Rs 2,000 crore in a single day to a high of Rs 4.5 lakh crore on the back of small, mid-cap stocks.