Sensex down 207 points at profit-booking 61143

(Gujarat News Correspondent) MUMBAI: Before the end of the October trend in derivatives on Thursday, funds, experts today eased the overbought position at the end of the Nifty, Sensex-based two-way volatility. With this, Samvat 207 is coming to an end next week. Along with this, despite the weak quarterly results of Maruti Suzuki today in the corporate results season, funds were softening in other auto stocks against the rise in Maruti. Funds in banking-finance, metal-mining, automobile stocks surged in IT-software services, pharmaceuticals stocks against profit booking. International crude oil prices have been softening since the United States urged OPEC nations to increase oil production ahead of their November 9 meeting, following Aramco's statement that global oil supplies are falling sharply. Brent crude was down one dollar at ૪ 2.50 and Nymex crude was down ૭ 1.05 at ૫૮ 2.3. The US dollar had gained 3 paise to Rs 2.09 against the rupee today. At the end of the two-way volatility, the Sensex was down 202.5 points at 3111.8 and the Nifty spot was down 3.3 points at 1210.8.

Sensex plunges 203 points at end-of-days

Trading started strong today. The Sensex had opened at 319.50 against the previous close of 3120.3 and rose to 314.5. From the highs, the fund's sales fell to 202.5 and ended at 2011.5 points, down 206.5 points.

Nifty down 14 points between 1912

The NSE's Nifty spot opened at 16.8 against the previous close of 12.50 and rose sharply from the beginning to 16.05. Returning from the uptrend, the sell-off came down to 1912.30 and finally fell by 4.5 points to close at 1310.8.

Who has made a bust of Rs 500 crore in Nifty Cash in the last one hour?

In the last hour of the index-based two-way scandal in the market today, there was talk of a basket selling of Rs 200 crore in Nifty cash funds. With this massive selling, there was talk that there would be a bang in the coming days.

Nifty futures fall from 1913 to 1915 before end of October trend

The funds eased their overbought position today before the end of the October trend in derivatives on Thursday. The Nifty October futures opened at 1905 against 1915.15, fell to 120 at the top and came to 19151 at the end of 1912. Bank Nifty October futures opened at 31,605 against 3160.8, fell to 314.50 from the previous close and came to 2030.30 at the end of 2021.30.

Despite good results from Axis Bank, shares fell by Rs 3 to Rs 5: Federal, Kotak Bank fell

In banking stocks, the BSE Bankex Index fell by 3.05 points to close at 7.5 today as funds eased their overbought position. Axis Bank's quarterly net profit rose 5 per cent to Rs 217 crore, but the fund's profit-selling sell-off fell by Rs 2.50 to Rs 4.5. Citi Union Bank fell by Rs 5 to Rs 12, Bandhan Bank by Rs 4.5 to Rs 3.05, IndusInd Bank by Rs 12.5 to Rs 119.10, Kotak Mahindra Bank by Rs 2.50 to Rs. 313.9, HDFC Bank was down by Rs. While State Bank of India rose by Rs 4.5 to Rs 318.15, ICICI Bank by Rs 4.5 to Rs 4.5, AU Small Bank by Rs 4.5 to Rs 19.50.

Metal-mining stocks return profit-booking: Vedanta, Jindal Steel, Tata Steel fall

The BSE Metal Index fell by 30.5 points to close at 30,606.15 on the back of profit-booking of funds in metal-mining stocks today. Vedanta fell by Rs 14.5 to Rs 313.5, Jindal Steel by Rs 19.50 to Rs 30.05, Sail by Rs 4.5 to Rs 114, Tata Steel by Rs 20.10 to Rs 19. 16, NMDC fell by Rs 3.10 to Rs 120.5, Hindalco fell by Rs 2.50 to Rs 30.10, APL Apollo fell by Rs 2.5 to Rs 300, Coal India fell by Rs 1.3 to Rs. 12.5.

Shares of Maruti go up by Rs 5 as profits fall: Tata Motors, Ashok Leyland, MRF fall

Shares of automobile companies were up overall today. Of course, Maruti Suzuki's net profit for the quarter ended September 2018 fell 3 per cent to Rs 3 crore and revenue rose 10 per cent to Rs 20.8 crore. Cummins India was up Rs 13.05 at Rs 2.09, and Tube Investment was up Rs 19.50 at Rs 1,312.05. While Tata Motors fell by Rs 10.8 to Rs 4.5, Ashok Leyland by Rs 1.5 to Rs 131.5, Mahindra & Mahindra by Rs 4.5 to Rs 2.50, MRF by Rs 4.5. Eicher Motors was down by Rs 13.5 to Rs 2.50.

Small, mid-cap, cash stocks continue to be attractive: 301 stocks bullish circuit

In small, mid-cap, cash stocks, funds, operators, high networth investors, players today, market breadth remained positive rather than a continuous pick-up. Out of the total 9 scrips traded on the BSE today, the number of gainers was 16 and the number of declines was 121. The only seller in 19 stocks was the lower circuit against the upper circuit of the only buyer in 201 stocks.

FPI / FII sells shares worth Rs 1,412 crore in cash: DII buys Rs 5 crore in cash

FIIs - Foreign Institutional Investors, Foreign Portfolio Investors - FPIs today saw a net sale of Rs 1,212.5 crore in cash. A total of Rs 11,9.18 crore was sold against a total purchase of Rs 2.50 crore. On the other hand, DIIs-domestic institutional investors made a net purchase of Rs 4.5 crore in cash today. A total of Rs 216.5 crore was sold against a total purchase of Rs 4.5 crore.