The Sensex rose 69 points to 58,247

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With the good progress of the monsoon, funds in automobile stocks rebounded

(Gujarat News Correspondent) MUMBAI: With good monsoon progress and the third wave of Koro transition in the country, there is no immediate concern and more incentives and reliefs will be announced in the coming days as the Modi government at the Center is taking liberalization measures for economic growth. Amidst the possibility, the funds today rallied to break the index-based decline. Along with this, funds in small, mid-cap and cash stocks also witnessed a wide-ranging storm. Internationally, crude prices rose amid reports of a resumption of lockdowns in some cities over the Corona Delta transition in China and the impact of the Delta transition on the economies of countries including the United States. Crude oil Brent was up 3 cents at ૯૩ 2.8 and Nymex crude was at 20.8. The rally in global commodity prices also had an impact on the stock markets again today. Japan's stock markets rallied against the uptrend in Hong Kong and European markets as a whole. In Indian stock markets, the Sensex rose 4.5 points to 2.08 points and the Nifty spot closed at 190 points, up 1.50 points, as funds rebounded on banking-finance stocks and consumer durables, IT and automobile stocks. The US dollar had gained one paise to Rs 4.5 against the rupee.

The Sensex plunged 8 points to a low of 715 and finally rose 3 points to 6.

Trading started strong today. The Sensex opened at 7.5 against the previous close of 214.9. & Mahindra, Titan Company, NTPC, among others, rose at one point to 4.5. The funds will be sold to HDFC Limited, Bajaj Finserv, Bajaj Finance, HDFC Bank and FMCG stocks at Nestle India, Hindustan Unilever, as well as in Ultratech Cement, Infosys. Points rose to close at 2.08.

Nifty spot increased by 12 points at the end of Fangolai between 15 from the top 16 to the bottom 16

NSE's Nifty spot opened at 120.8 against the previous close of 12.50. In the early days, banking and finance stocks like IndusInd Bank, Kotak Mahindra Bank, Axis Bank, HDFC Life and IT stocks including HCL Technology, Tech Mahindra, TCS, TCS Hero MotoCorp, Bajaj Auto, Adani Ports, Larsen & Toubro, IOC, ITC, ONGC, Eicher Motors, among others, rose sharply to 12.5. The sell-off in HDFC Ltd, Bajaj Finserv, HDFC Bank, Ultratech Cement, Tata Steel, UPL, BPCL, Nestle India, Hindustan Unilever fell to 19.05 points.

Banking stocks rise again selectively: IndusInd Bank rises by Rs 20 to Rs 103: Kotak Bank, Citibank, Axis Bank rise

In banking-finance stocks, the BSE Bankex Index rose by 206.5 points to close at 31,412.5 today as funds rose selectively again. IndusInd Bank rose by Rs 20.5 to Rs 105.50, Kotak Mahindra Bank by Rs 20.50 to Rs 19.50, City Union Bank by Rs 1.50 to Rs 19.10, Axis Bank by Rs 4. 09 increased to Rs. 3.50, Federal Bank increased by Rs. 2.50, Indiabulls Housing Finance increased by Rs. 10.50 to Rs. .15 increased to Rs. 3, Shriram City increased by Rs. While IDFC Ltd fell by Rs 1.50 to Rs 2.50, Ujjivan Financial fell by Rs 2.15 to Rs 130.50, Poonawala Fin fell by Rs 2.50 to Rs 120.50, SBI Card fell by Rs 4.5. 1091.10, Pilani's investment fell by Rs.

Auto stocks rebound on good monsoon progress: Escorts jump Rs 21 to Rs 150: Hero, Motherson, Bajaj rise

As the monsoon progresses well, automobile companies are expected to increase their profitability in anticipation of an increase in demand for vehicles in the coming days. Escorts jumped Rs 21.5 to Rs 19.50, Motherson Sumi rose Rs 2.50 to Rs 4.5, Hero MotoCorp rose Rs 2.50 to Rs 2.50, Tata Motors rose Rs 4.5 to Rs 303.05, Bajaj Auto up by Rs. 2.5 to Rs. 3.5, Ashok Leyland up by Rs. 1.50 to Rs. 3.10 to Rs. 20.50, Balakrishna Industries was up Rs. The BSE Auto Index rose by 2.15 points to close at 2.01.

Consumer durables stocks rise: Orient Electric rises by Rs 21 to Rs 5: Bajaj Electric, Voltas, Titan rise

The BSE Consumer Durables Index rose 30.15 points to close at 5,060.05 today, as funds and high net worth investors rallied in stocks of consumer durables companies. Orient Electric rose by Rs 20.5 to Rs 2.50, Bajaj Electric by Rs 2.50 to Rs 151.30, Voltas by Rs 15.5 to Rs 15.5, Titan Company by Rs 2.15 to Rs. .903.05, Blue Star increased by Rs. 8 to Rs. 2.50, CG Consumer increased by Rs.

Gas India, HPCL, IOC, ONGC rise by 3 cents

International crude oil prices rose today amid reports of another hurricane in the US Gulf. GAIL rose by Rs 10.05 to Rs 13.5, HPCL by Rs 4.5 to Rs 2.50, IOC by Rs 1.50 to Rs 119.50, ONGC by Rs 19.50, Petronet LNG by Rs. 1 increased to Rs.

Small, Mid Cap stocks continue to rise Market Broadth Positive: 12 stocks closed positive: 21 stocks bullish circuit

With the re-emergence of Sensex, Nifty based funds, small, mid-cap, cash-strapped funds, experts, players, high networth investors, the market breadth remained consistently positive today rather than broad value-buying. Out of the total 6 scrips traded on the BSE, the number of gainers was 16 and the number of declines was 16. The only seller in 19 stocks was the lower circuit against the bullish circuit of only buyers in 21 stocks.

Investors' asset-market capitalization rises by Rs 1.50 lakh crore to Rs 2.5 lakh crore

The accumulated market capitalization of BSE-listed companies, investors' wealth rose by Rs 1.50 lakh crore in a single day to a high of Rs 4.5 lakh crore on the back of attraction in small, mid-cap stocks today.

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