The Sensex fell 254 points to 59,413

A game being played to feed the traders by triggering stop loss on both sides

(Gujarat News Correspondent) MUMBAI: For the second day in a row, Indian stock markets, along with global markets, witnessed a negative impact on the global economy as China and European countries were hit by the global NG crisis and the consequent rise in international crude oil prices. However, funds made large purchases in metal-mining and power-capital goods stocks today in anticipation of benefits to Indian steel and mining companies, which have been forced to close factories in various industries due to shortages in China, including coal and fuel-power. However, the current global crisis could create a medium- to long-term downturn for India, which could be a temporary boon for India. In global markets, US stocks fell by 6 points on the Dow Jones yesterday. Japan's Nikkei index fell by 30 points today in the expected initial erosion in Asian markets. . Of course, for the second day in a row, the derivatives continued to fluctuate before the end of the September trend on Thursday. At the end of the day, the Sensex was down 2.3 points at 314.5 and the Nifty spot was down 3.50 points at 1,311.50.

Sensex plunges to 5,111 in early trade

Trading started today on the back of softness in global markets. The Sensex opened at 6.5 against the previous close of 7.30, initially in banking-finance stocks including HDFC Limited, Kotak Mahindra Bank, HDFC Bank, ICICI Bank, Axis Bank, IndusInd Bank, Bajaj Finserv, Offloading and Hindustan Unit, Sales of Larsen & Toubro, Maruti Suzuki, Tech Mahindra, Reliance Industries, Nestle India, Bajaj Auto, Bharti Airtel and others fell by 2.15 points to 8,111.31. Power, metal-mining stocks NTPC, Power Grid Corp, Tata Steel along with State Bank of India, Sun Pharma, Dr. Reddy's Laboratories, HCL Technology, TCS, Mahindra & Mahindra, Titan Co., In other stocks, short covering helped the stock to rise to 4.5 at one point. Again, offloading in heavyweight stocks of the funds fell by 4.5 points to close at 314.5.

Nifty spot in initial erosion increased to 1201 and went up to 121 and finally decreased by 3 points to 1911

NSE's Nifty spot opened at 16.8 against the previous close of 12.30 and initially offloaded funds with HDFC Ltd, Kotak Mahindra Bank, HDFC Bank, ICICI Bank, Axis Bank, IndusInd Bank, Bajaj Finserv, Bajaj Finsant and Bajaj Financy , Reliance Industries, Asian Paints, Hero MotoCorp, Eicher Motors, Tech Mahindra, Larsen & Toubro fell by 120.5 points at one point to 1,407.18. NTPC, Coal India, Power Grid Corp, ONGC, IOC, Hindalco, JSW Steel, Cipla, Sun Pharma, Sun Pharma et al. Bank of India's rising Nifty digested the decline to reach the top 121.3 in the negative zone again at the end of the fall of 3.50 points to close at 1911.30.

Nifty futures fall from 15 to 1910 before end of September trend: Bank Nifty futures fall from 203

The September uptrend in derivatives continued ahead of the expected major upheaval today, with both sides calling for a non-stop trigger. The Nifty September futures opened at 14 points against 19.40, fell to 1912.05 and reached 13.05, ending at 1210.8. Bank Nifty September futures opened at 4.5 against 205.15, fell to 7.5 and reached 203.5 at the end of the day was 8.30.

Power stocks rise in China power crisis: Tata Power rises Rs 15 to Rs 15: NTPC rises Rs 5

Stocks of power generating companies today saw a big buy in funds, with the expectation of a big growth in the power demand of industries in India leading to a huge power-power shortage in China. The BSE Power Index rose by 106.61 points to close at 314.5. Tata Power up Rs 11.50 to Rs 131.5, NTPC up Rs 2.50 to Rs 120.5, Power Grid Corp up Rs 11.5 to Rs 19.10 7.50, BHEL rose by Rs. 7.5 to Rs. 2.50, Torrent Power rose by Rs.

Coal shortage in China Mining stocks rise: Coal India bid Rs 15: Jindal Steel, Sail, Hindalco rise

Shares of coal and metal-mining companies rallied today as demand for coal increased on the back of rising demand for production of Indian steel and metal companies as many factories, including steel and metal, were shutting down due to shortage of coal in China. The BSE Metal Index rose 2.4 points to close at 202.5. Coal India rose by Rs 11.50 to Rs 19.5 after touching Rs 15, Jindal Steel by Rs 21.50 to Rs 4.5, Sail by Rs 2.15 to Rs 119.50, Hindalco by Rs 15 JSW Steel rose by Rs 13.5 to Rs 3.50, NMDC by Rs 4.5 to Rs 13.5, Tata Steel by Rs 13.5 to Rs 19.50. Were.

Bankex down 3 points: Kotak Bank down Rs 6 to Rs 4,050: HDFC, HDFC Bank, ICICI down

In banking-finance stocks, the BSE Bankex Index fell by 3.50 points to close at 314.5 on profit-booking of funds today. Kotak Mahindra Bank fell by Rs 2.15 to Rs 3050.9, HDFC Bank by Rs 4.5 to Rs 19.50, ICICI Bank by Rs 4.5 to Rs 209.5, Axis Bank by Rs 4.50 IndusInd Bank was down by Rs 3.8 to Rs 114.5. HDFC Ltd fell by Rs 2.50 to Rs 2.50, HDFC AMC fell by Rs 130.50 to Rs 205.05, GIC fell by Rs 3.50 to Rs 13.5, Credit Access fell by Rs 19.10. Rs 2.50, Bajaj Holdings fell by Rs 104.5 to Rs 2.50, IIFL Securities fell by Rs 2.50 to Rs 2.50, Shriram City Union fell by Rs 2.50 to Rs 206.5. .

Crude oil strengthens near ૭૯ 5: IOC rises by Rs 5 to Rs 12: ONGC, HPCL, BPCL rise

International crude oil prices continued to be strong, with Brent crude hovering close to ૮૫ 4.5 a barrel. The choice of funds was being taken today on the back of estimates that power-gas shortages in China would benefit Indian companies. IOC rose by Rs 2.50 to Rs 19.50, HPCL by Rs 4.5 to Rs 4.5, ONGC by Rs 2.50 to Rs 12.5, BPCL by Rs 4.05 to Rs 4. 30, Gujarat Gas rose by Rs. 3.5 to Rs. 2.09, Adani Total Gas rose by Rs.

Marketbreath positive: 12 stocks positive: 8 stocks bullish circuit

Marketbroadth remained positive on the back of declining value buying by small, mid-cap, funds in cash stocks, experts, players, high networth investors, despite continued softening at the end of the Sensex, Nifty-based volatility. Out of the total 9 scrips traded on the BSE, the number of gainers was 16 and the number of declines was 16. The only seller in 120 stocks was the lower circuit against the bullish circuit of only buyers in 6 stocks.

Investors' asset-market capitalization rises by Rs 2,000 crore to Rs 30.01 lakh crore

Despite the Sensex, Nifty-based softening, the accumulated market capitalization of companies listed on the BSE rose by Rs 2,000 crore to Rs 30.01 lakh crore in a single day today as a result of widespread buying of funds in small, mid-cap and cash market stocks.