The Sensex fell 102 points to 60822

Investors' wealth washed away by Rs 10.50 lakh crore in four days to Rs 4.5 lakh crore

(Gujarat News Correspondent) MUMBAI: Funds and experts in the Indian stock market today continued the index-based two-way storm over the weekend, keeping the market in a negative zone. Funds in stocks continued to soften overbought positions, with IT-software services, technology stocks continuing to sell today and stocks of healthcare-pharmaceuticals companies taking off today. Of course, in banking-finance stocks today, the Sensex, Nifty-based market saw a big decline as funds, experts continued to pick up relentlessly. On the global front, European countries With rising Corona cases in Russia and reports of re-infestation of Corona in China as well, global economic worries with a weaker GDP of China and a steady rise in domestic inflation led to record rising prices of petrol and diesel in the coming days. There were also impact views on the market. However, banking stocks of the funds remained bullish amid expectations of the government to show generosity in lending to customers during the festive season, in anticipation of improving performance of banks, finance companies. Caution was observed today ahead of Reliance Industries' late evening quarterly results for the corporate parameters season. International crude oil prices remained moderately strong as supply increased. The US dollar had gained 3 paise to Rs 4.5 against the rupee. At the close of trading, the Sensex was down 101.5 points at 20,021.2 and the Nifty spot was down 3.50 points at 12,116.50.

Sensex plunges 105 points to 203

Trading started moderately strong today. The Sensex opened at 7,105.8 against the previous close of 208.50. Which had come down from the high point due to offloading and came down to 2021.15. The decline was followed by a rise in banking and finance stocks and strength, including Reliance Industries, which absorbed most of the declines and finally fell by 101.5 points to close at 2021.2.

Nifty spot in a two-way fungal move collided between 1912 and 1905, then dropped by 3 points to 19115

The NSE's Nifty spot opened at 120.50 against the previous close of 1913.10 and initially rose sharply to 1912.8. Returning to the upside, the sell-off fell to 1,407.8 and finally fell by 3.50 points to close at 19,116.30.

Bankex jumps 3 points further: Federal Bank jumps Rs 3 to Rs 103: AU Small, Bandhan Bank, Kotak Bank, IndusInd rise

In the banking-finance sector, the banking stocks of the funds continued to rise in anticipation of improving the performance of banks in the coming days amid the government's signal to banks to focus on providing more retail lending by banks during festivals. The BSE Bankex Index rose 2.50 points to close at 3109.15. Federal Bank jumped by Rs 2.50 to Rs 105.05, AU Small Finance Bank rose by Rs 2.50 to Rs 1,312.5, Axis Bank fell by Rs 4.5 to Rs 319.50, HDFC Bank by Rs 4. ICICI Bank rose by Rs 4.5 to Rs 206.5. Indian Bank rose by Rs 4.5 to Rs 12.5, JK Bank by Rs 1.8 to Rs 30.05, SBI Card by Rs 4.5 to Rs 114.5.

In the end, pharma stocks fell: Lauris Labs fell by Rs 5, Biocon by Rs 31, Panacea by Rs 15, Abbott by Rs 4, Dr Lalpath by Rs 15.

The BSE Healthcare Index fell by 304.50 points to close at 303.50 today as funds and players were selling heavily as pharmaceuticals and healthcare stocks finally fell. Laurus Lab down Rs 4.5 to Rs 7.5, Biocon down Rs 21.15 to Rs 4.5, Panacea Biotech down Rs 11.50 to Rs 4.5, Sequential Scientific down Rs 2.50 .12.5, Max Healthcare fell by Rs. 19.50 to Rs. 2.15, Thyrocare fell by Rs. 2.50 to Rs. .50 was down to Rs.

Continued erosion in IT-software stocks: Indiamart, Saskatoon, Nelco, Datametics, Amphasis, Sonata, Persistent

Funds in IT-software services, technology stocks, stocks continued to erode overbought positions by experts. The BSE IT index fell 2.4 points to close at 7.31. Indiamart down Rs 4.5 to Rs 4.5, Saskan Technology down Rs 105.50 to Rs 1,200, Nelco down Rs 4.5 to Rs 4.5, Datamatics Global down Rs 14.5 Emphasis fell by Rs 12.5 to Rs 30.5, L&T Infotech fell by Rs 105.5 to Rs 2.50, TCS fell by Rs 4.5 to Rs 200.05, Ramco system fell by Rs 2.15. 2.50.

Realty stocks rise on bad market

Shares of realty-real estate companies traded broadly in the bad market today. The funds were boosted by estimates of a sharp rise in property sales in the country in metros and a rise in the profitability of real estate companies. Brigade Enterprises rose by Rs 4.5 to Rs 30.10, Prestige Estate by Rs 20.5 to Rs 2.50, Oberoi Realty by Rs 2.50 to Rs 219.50, Godrej Properties by Rs 2.50. Indiabulls Real Estate rose by Rs 2.50 to Rs 12.5, DLF rose by Rs 3 to Rs 215, Phoenix Mills rose by Rs 2.50 to Rs 216.5, Shobha Developers rose by Rs 4. 3 to Rs. 2.50.

HPCL, ONGC rise by Rs 5 in anticipation of encouraging results from Reliance Industries

International crude oil prices have been hitting narrow fluctuations, with reports of increased supply in the US and renewed concerns over global economic-industrial growth. Before the release of the second quarter results in Reliance Industries this evening, the stock had risen by Rs 4.05 to Rs 3.05 amid caution. HPCL was up by Rs 3 to Rs 4.5, ONGC was up by Rs 1.5 to Rs 12.5 and Gail India was up by Rs 190.5. While Adani Total Gas fell by Rs 3.05 to Rs 1,415, Indraprastha Gas fell by Rs 14.5 to Rs 4, Gujarat Gas fell by Rs 19.10 to Rs 412.50, BPCL fell by Rs 2.50 to Rs 4. .50 remained.

Small, mid-cap stocks sell broadly again over the weekend: 203 stocks negative: 3 stocks bearish circuit

Small, mid-cap, cash stocks today for the fourth day in a row, the market breadth was much worse than the broad sell-off by funds, operators, high networth investors, players. Of course, in many stocks of choice today, funds, operators became re-takers. Out of the total 8 scrips traded on the BSE today, the number of gainers was only 16 and the number of declines was 203. The only seller in 8 stocks was the lower circuit against the upper circuit of the only buyer in 5 stocks.

Investors' assets washed away by Rs 10.50 lakh crore in four days Rs 4.5 lakh crore

The market capitalization of companies listed on the BSE-investors' assets fell by a further Rs 1.5 lakh crore to Rs 4.5 lakh crore in a single day as funds, players and investors rallied. Thus, in three days, there has been a massive erosion of Rs 10.50 lakh crore in investors' asset-market capitalization.