The Sensex hit a new high of 60,412, rising 29 points to 600,777

IT, pharma stocks sell for profit: Banking, auto, realty stocks surge

(Gujarat News Correspondent) MUMBAI: On the first day of the September weekend in derivatives, funds called for the expected shock after the Sensex, Nifty-based new record high. With the monsoon progressing well and vehicle purchases expected to grow in anticipation of strong growth in the rural economy along with the agricultural sector in the coming days, funds today maintained a historic bullish sentiment, led by automobile stocks and banking-finance, realty stocks. The Sensex closed at a historic new high as the Nifty approached a record high intra-day, hitting a new historic high. Of course, funds today took a break from record-breaking gains in profit-booking in healthcare-pharmaceuticals, FMCG stocks, as well as easing the overbought position in long-term IT-software services, technology stocks. Foreign portfolio investors' (FPI-FII) stocks have been buying steadily for the past few days, slowing down today. While local funds also made big purchases in stocks today. On the global front, amid a report that the crisis of giant realty developer Evergrande is raging in China and its splashes are falling on the rich in China and the crisis is raging, the impact of the cautious retreat in global stock markets was also felt in Indian stock markets today. Of course, as India has an advantage in the realty sector, funds in realty stocks continued to rise. While Healthcare-Pharma, IT-Software, Technology stocks turned out to be selling. The Sensex hit a new record high of 30,612.5, rising 2.61 points to close at 308.2 and the Nifty spot reached a high of 19.50, closing 1.60 points higher at a new record high of 19.10. The US dollar had gained 19 paise to Rs 2.7 against the rupee. International crude oil prices continued to rise, with Brent crude rising 5 cents to ૨ 8.05 a barrel and Nymex crude rising 3 cents to ૮૨ 6.5 a barrel this evening.

Sensex rebounds in early rally, hitting new highs

Trading started strong today. The Sensex opened higher at the previous close of 2008.5, with automobile stocks including Maruti Suzuki, Mahindra & Mahindra, Bajaj Auto rising sharply and Reliance Industries, NTPC, HDFC Bank, Ultratech Cement, State Bank of India, I.T.I. IT stocks rose to a record high of 30,612.5 at a time when huge profit bookings were being made in IT stocks including HCL Technology, Tech Mahindra, Infosys, TCS and Bajaj Finserv, Larsen & Toubro, Nestle India, Flint Including sell-off, the sell-off was washed away and came down to 3.15, ending at a new record high of 2009.5, up 3.31 points.

Nifty spot rises from 15 to 16 in early trade

NSE's Nifty spot opened at 19.30 against the previous close of 12.50. State Bank of India, Grasim, Ultratech Cement, UPL, NTPC, Adani Ports, Hindalco, Coal India, Shree Cements, ITC, SBI Life Insurance, among other attractions. Declining with Tech Mahindra, Infosys, TCS and selling in pharma stocks including Diviz Laboratories, Sun Pharma, FMCG stocks including Hindustan Unilever, Nestle India with Eicher Motors, Larsen & Toubro: At the end of the day, it increased by 1.50 points and closed at 12.10.

IT loses 3 points: L&T Info loses Rs 5, MindTree loses Rs 4, KPIT loses Rs 15, HCL loses Rs 4

The BSE IT index fell 3.4 points to close at 4.5 today amid widespread speculation that KP Big Bull has started booking large profits with funds in IT-software services and technology stocks. MindTree fell by Rs 3 to Rs 2.50, KPIT Technology fell by Rs 15.5 to Rs 20.50, HCL Technology fell by Rs 3.15 to Rs 19.50, L&T Infotech fell by Rs 4.5 to Rs. .2.5, Coforge fell by Rs. 2.50 to Rs. 313.5, Siant fell by Rs. 20.5 to Rs. 20 fell to Rs 30, Wipro fell by Rs 4.5 to Rs 3.10, Tech Mahindra fell by Rs 4.5 to Rs 12.5, Oracle Finserv fell by Rs 12.5 to Rs 21, Tata Alexi fell by Rs 15. 30 fell to Rs. 216.5, Infosys fell by Rs. 21.50 to Rs. 121.5, Zensar Technology fell by Rs. Mastek was down by Rs 31.50 to Rs 305.50, TCS was down by Rs 4.5 to Rs 4.5.

Reliance jumps Rs 3 to Rs 5: ONGC rises Rs 4, Adani Total Gas rises Rs 3, BPCL rises Rs 4

Funds in oil and gas stocks were the choice of the day today with the rise in international crude oil prices. Reliance Industries jumped Rs 4.5 to Rs 3.50, ONGC jumped Rs 5 to Rs 160.05, Adani Total Gas jumped Rs 4.5 to Rs 1915.05, BPCL jumped Rs 2.50 to Rs 20. GAIL rose by Rs 1.5 to Rs 12.5, HPCL rose by Rs 2.50 to Rs 3.10, IOC rose by Rs 1.2 to Rs 114.5, Petronet LNG rose by Rs 1.2. 2.10.

China Crisis raises funds in realty stocks: Prestige jumps Rs 5 to Rs 5

The BSE Realty Index rose by 114.5 points to close at 5,128.8 as funds continued to buy large stocks of realty companies amid expectations of realty opportunities in India amid a realty crisis in China. Prestige Estate rose by Rs 4.5 to Rs 4.5, Godrej Properties rose by Rs 2.50 to Rs 2.50, Phoenix Mills rose by Rs 2.50 to Rs 4.5, Suntech Realty rose by Rs 11.15. Rs 2.50, DLF rose by Rs 4.5 to Rs 314.5, Oberoi Realty rose by Rs 19.50 to Rs 2.50.

Bankex up 3 points: AU Small Rs 21 up: Bandhan, HDFC, State Bank, Tourism Phi., IDBI up

In banking-finance stocks, the BSE Bankex Index rose 4.5 points to close at 5.31 today as funds picked up. AU Small Finance Bank rose by Rs 21.5 to Rs 115.50, Bandhan Bank by Rs 4.5 to Rs 4.5, HDFC Bank by Rs 2.50 to Rs 12.5, State Bank of India by Rs. ICICI Bank rose by Rs 3.50 to Rs 2.50, ICICI Bank by Rs 2.50 to Rs 2.50, Kotak Mahindra Bank by Rs 2.50 to Rs 209.50. Along with this, Tourism Finance increased by Rs 2.50 to Rs 4.5, IDBI Bank increased by Rs 4.5 to Rs 31.5, Paisalo Digital increased by Rs 3.50 to Rs 4.5, Equitas Holding increased by Rs 4. 10 increased to Rs. 12, MCX India increased by Rs. 9.10 to Rs. 1215.8, Indiabulls Housing increased by Rs. 2.5 to Rs. 2.09, SBI Card increased by Rs. 2.50 to Rs. 811.3, Bajaj Holding was up Rs.

Auto stocks rise sharply again: Maruti Rs 5, Tata Motors Rs 15, Mahindra Rs 4, MRF Rs 3

The BSE Auto Index closed 4.5 points higher at 203.8 as funds in automobile stocks rebounded today in anticipation of strong growth in vehicle demand in the coming days with good progress in the monsoon country. Maruti Suzuki jumps up Rs 2.50 to Rs 307.50, Tata Motors rises Rs 15.50 to Rs 21.5, Mahindra & Mahindra rises Rs 4.5 to Rs 311.5, Motherson Sumi rises Rs 2.50 Rs 2.50, TVS Motor Rs 19.50, Rs 4.5, Bosch Rs 4.5, Rs 12, MRF Rs 4.50, Rs 219.5, Hero MotoCorp Rs 4.5 Bajaj Auto jumped by Rs 103.5 to Rs 214.50, Ashok Leyland by Rs 3 to Rs 150.50.

Profit booking in Healthcare-Pharma stocks: Syncom Formulation, Sequence, Apollo Hospital, Metropolis, Diviz Lab. Broken

Funds in the stocks of healthcare-pharmaceuticals companies, high networth investors also made extensive profit bookings. Syncom Formulation 3 fell by Rs. 4.5, Sequential Scientific fell by Rs. 6.05 to Rs. .50, Metropolis fell by Rs. 2.50 to Rs. 20.5, Diviz Laboratories fell by Rs. 19.50 to Rs. 20 to Rs. 3.10. While Wockhardt rose by Rs 20.50 to Rs 2.50, Unichem Labs by Rs 11.05 to Rs 2.50, JB Chemicals by Rs 4.5 to Rs 12.5, AstraZeneca by Rs 2.50 to Rs. .1150.50.

Small, Mid Cap stocks sell profitably MarketBreath Negative: 12 stocks close negative: 8 stocks bullish circuit

Marketbroadth was negative today as small, mid-cap, cash-strapped funds, experts, players and high networth investors turned a sell-off amid cautious rise in Sensex and Nifty-based funds. 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 20 stocks was the lower circuit against the bullish circuit of only buyers in 6 stocks.

FPIs / FIIs sell net worth of Rs 5 crore in cash: DIIs buy net worth Rs 15 crore in cash

FIIs - Foreign institutional investors, foreign portfolio investors - FPIs were to sell net worth of Rs 4.5 crore in cash today-Monday. A total of Rs 216.5 crore was sold against a total purchase of Rs 4,016.5 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 216.10 crore was sold against a total purchase of Rs 210.8 crore.