The Sensex jumped 381 points to 60059
- RBI maintains repo rate, investment flows in India Growth Story
(Gujarat News Correspondent) MUMBAI: The Reserve Bank of India (RBI) today maintained a repo rate-interest rate of 4 per cent as expected in its credit policy review, ignoring inflationary pressures to boost the country's economic growth. Announcing the incentives today, the funds ended the week with an aggressive bullish storm led by Reliance Industries. Following the Reserve Bank's lending policy measures, former Reserve Bank of India Governor C. He also told Rangarajan that the Indian economy is projected to reach પાંચ 5 trillion by 203 in the coming years and that the Reserve Bank of India (RBI) has maintained a GDP growth forecast of 7.5 per cent for FY 2021-2. As a result, funds rallied in stocks all round. With the international price of crude oil falling to close at à«® 70 a barrel of Bent crude and ના 5 a barrel of Nymex crude, expectations of a reduction in petrol and diesel prices in the coming days also had a positive effect on sentiment. Funds made aggressive purchases in stocks on the positive impact of the company becoming a mega retail giant in the coming years as Reliance Industries announced the launch of a new format retail store. In IT-Software Services, Technology, Oil-Gas, Automobile, Consumer Durables stocks, the Sensex bounced 31.8 points to a high of 2008.03 and the Nifty spot jumped 106.5 points to close at 12.0.
Sensex jumps 30,000 again to reach 30,412
Trading started today at the expected rally. The Sensex opened at 2.15 against the previous close of 7.5, with aggressive gains in Reliance Industries from the outset. The BSE benchmark Sensex rose sharply to 30,412.50, including Axis Bank and Asian Paints. Among the fund's FMCG stocks are Hindustan Unilever, Nestle India, ITC and other frontline stocks, including NTPC, Maruti Suzuki, Titan Company, Kotak Mahindra Bank, HDFC Bank, Dr. Reddy's Laboratories, HDC. In the end, it rose by 31.8 points to close at 2007.08.
Nifty spot reaches a high of 12 and finally jumps 3 points to a new high of 17
NSE's Nifty spot opened at 17.8 against the previous close of 120.9, with IT stocks including Infosys, Wipro, TCS, HCL Technology and Tata Motors, Larsen & Toubro, Attractions including Bank, Adani Ports, Asian Paints, Bharti Airtel rose to a high of 121.5. Funds from Hindustan Unilever, Maruti Suzuki, Dr. Reddy's Laboratories, SBI Life Insurance, Coal India, Tata Consumer Products, Hindalco, Shree Cement, NTPC, Nestle India, Mahindra & Mahindra, Mahindra & Mahindra The sell-off slowed to a low of 120.8, closing at a new all-time high of 13.5, up 3.50 points.
Reliance Industries makes new history: Rs 5 breaks new record
With the massive expansion in the retail sector by Reliance Industries now announcing the launch of the store by tying-up with Seven Stores in a new format, the company is expected to bring a mega IPO of Reliance Retail and Geo's ventures in the coming days. Signs of becoming a mega giant were raised by funds, retail investors, high networth investors, and bigwigs today.
IT-software stocks continue to rise: Infosys rises by Rs 5 to Rs 15: HCL Tech, Wipro, Tech Mahindra rise
Funds in IT-software services, technology stocks continued to rise unabated, with many stocks today hitting historic highs. Infosys rose by Rs 4.5 to Rs 12.5, Tech Mahindra by Rs 31.50 to Rs 19.5, HCL Technology by Rs 19.5 to Rs 19.50, TCS by Rs 2.50 to Rs. 20, Nazara Technology jumped by Rs 209.10 to Rs 2110, Datametics Global rose by Rs 4.5 to Rs 4.05, 2 Moons Technology rose by Rs 2.50 to Rs 105.50, Zensar Technology jumped by Rs 21.5 Rs 303.05, Persistent System Rs 2.50, Rs 305, Nelco Rs 21.50, Rs 4.5, MindTree Rs 12.5, Rs 4.50, L&T Infotech Rs. .40.50 to Rs. 2, coforge increased by Rs. The IT index jumped 2.11 points to close at 7.5.
Small, mid-cap stocks continue to rise: 18 stocks positive: 216 stocks bullish circuit: 150 stocks bearish circuit
In small, mid-cap, cash stocks, funds, operators, players today, the market breadth has been more positive than the broad broad. High networth investors, experts re-valued the stocks of their choice. Out of the total 9 scrips traded on the BSE today, the number of gainers was 16 and the number of declines was 16. The only seller in 120 stocks was the lower circuit, while the only buyer was in the upper circuit of 215 stocks.
Consumer durables stocks rise: Dixon Technology jumps Rs 500 to Rs 5: Vaibhav Global, Orient Electric rises
Shares of consumer durables companies were also the choice of funds today. Dixon Technology up Rs 200.5 to Rs 7.5, Vaibhav Global up Rs 2.15 to Rs 4.5, Amber Enterprises up Rs 2.05 to Rs 4.50, Orient Electric up Rs 2.15 Were Rs.
Profit booking in realty stocks: Godrej Property, Shobha, Phoenix Mills, Oberoi Realty, DLF declined
Profit booking was done in realty stocks today. Godrej Properties fell by Rs 104.10 to Rs 20, Shobha Developers by Rs 20.50 to Rs 2.50, Phoenix Mills by Rs 2.50 to Rs 4.5, Oberoi Realty by Rs 13.5 to Rs. 313.50, DLF fell by Rs. 4.5 to Rs. 219.8.
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