The Sensex jumped 488 points to 59677


(Gujarat News Correspondent) MUMBAI: After a sharp rally in Indian stock markets on Wednesday, bullion experts, led by Tata Group stocks, especially Titan and Tata Motors, rallied again, pushing the Sensex closer to 20,000 and the Nifty closer to 1,200. Before the start of the second quarter results of Corporate India at the end of September 2021 and the decision of the Reserve Bank of India's lending policy meeting tomorrow, the funds, experts put up an index-based weekly trade in the Indian stock market. Growth in global export demand against the backdrop of a third wave of corona and the boom in industrial and economic activity in India, as well as the boom in trade and industry on the global front, have forced many industrial units to close in China as a result of the power-NGO crisis. Funds rebounded sharply in IT-software services stocks, with Titan leading the way in consumer durables stocks and Tata Motors leading the way in automobile stocks, in anticipation of a strong recovery in corporate performance amid estimates of industry gains. With the price of crude oil falling from a multi-year high, oil and gas stocks rose by 2.10 points to close at 2.8 points and the Nifty spot rose by 12.5 points to close at 120.8. Brent crude was close to ૬૫ 70.5 on the back of rising crude oil in the US, while the US dollar weakened by 50 paise to Rs 2.7 against the rupee.

Sensex prepares to jump above 30,000 again

Trading started strong today. The Sensex opened at 2.81 against the previous close of 218.8, a strong start from the beginning. The crisis has resulted in the Indian automobile industry emerging as an advantage as the Indian automobile industry is expected to benefit. TCS, Tech Mahindra, Infosys, Sun Pharma, Asian Paints, ICICI Bank, Bajaj Auto, Larsen & Toubro, ITC, Reliance Industries, among others. Profit booking in shares including Dr. Reddy's Laboratories and HDFC Ltd., HDFC Bank , Kotak Mahindra Bank, Axis Bank, Bajaj Finserv, among others.

Nifty spot jumps above 1200 again to 18 and finally jumped 17 points to 120

NSE's Nifty spot opened at 1910.8 against the previous close of 19 points. With major buying and rise in IT stocks including Tech Mahindra, HCL Technology, Infosys, Wipro, Sun Pharma, IndusInd Bank, Asian Paints, Reliance Industries, ICICI Bank, Adani Ports, IOC, JSW Steel, Larsen & Touch At one point, it rose to 12.5 points and finally rose 17.5 points to close at 120.8.

Titan Company's encouraging figures show that funds jumped sharply by Rs 5 to Rs 3: market cap crosses Rs 3 lakh crore

Funds in shares of consumer durables companies made aggressive purchases today led by Titan Company. Titan has also seen a strong recovery in sales through the digital channel after the second wave of Corona in the country, with the jewelery segment's turnover rising to 2 per cent in the second quarter and its double-digit growth in both plain and studded segments. The stock jumped by Rs 4.5 to Rs 2.50 on the back of aggressive buying by funds in a new way to boost sales by offering online buying opportunities for gold. With this, Titan has become the second company to cross the Rs 2 lakh crore market capitalization after Tata Group's TCS.

Consumer Durables Index hits record high of 206 points: Whirlpool, Voltas, Blue Star

The BSE Consumer Durables Index jumped 206.60 points to close at 7.5 today on the back of an aggressive rally in stocks of consumer durables companies. Shares of Whirlpool of India jumped by Rs 116.5 to Rs 2.50 after the NSE decided to include it in the F&O segment. Voltas rose by Rs 4.5 to Rs 12.5, Blue Star by Rs 4.5 to Rs 20, Vaibhav Global by Rs 15.5 to Rs 216.5, Rajesh Exports by Rs 2.50 to Rs 219 .90, Dixon Technology rose by Rs. 20.50 to Rs. 2.50, CG Consumer rose by Rs.

Shares of Tata Motors jump Rs 30 to Rs 5 on Morgan Stanley buy recommendation: Motherson Sumi, Mahindra, Maruti

Shares of automobile companies saw aggressive buying of funds today. In the current monsoon season, the positive growth factor in the country's vehicle purchases and the NGO crisis in China, on the other hand, led to a large increase in sales with auto companies' production in India. In which, for Tata Motors, Morgan Stanley gave a price target of Rs 5 with upsycle and high leverage and gave an indication that the year 205-2 will be good for Indian automobiles and Tata's Indian business. Was. Motherson Sumi rose by Rs 13.5 to Rs 4.05, Mahindra & Mahindra by Rs 7.5 to Rs 2.15, Ashok Leyland by Rs 4.5 to Rs 19.50, Maruti Suzuki by Rs 30.50 Increased to Rs. 31.50, Escorts increased by Rs. 2.50 to Rs. 1912.50, Eicher Motors increased by Rs. 2.50 to Rs. 20, MRF increased by Rs. .10 increased to Rs. 18, TVS Motor increased by Rs. 12.50 to Rs. 2.50, Balakrishna Industries increased by Rs. Bajaj Auto rose by Rs 2.50 to Rs 3, Hero MotoCorp by Rs 21.5 to Rs 3.10, Bosch by Rs 200.05 to Rs 19.50. The BSE Auto Index jumped 106.60 points to close at 30.8.

IT-software stocks rise sharply again: First shores to join F&O by Rs 15 to Rs 305

The IT-Software Services, Technology stocks, the BSE IT index closed at 4,114.5, up 2.6 points today, as funds rebounded sharply again. After the NSE's decision to include Firstshore Solutions in F&O, the stock's aggressive buying of funds jumped by Rs 19.05 to Rs 205.50. Cyber ​​Tech jumped Rs 2.50 to Rs 120.50, Tanla Platforms jumped Rs 2.50 to Rs 205.50, Tata Alexi jumped Rs 151.10 to Rs 4.5, Coforge jumped Rs 16.50 to Rs. Mastek increased by Rs 2.10 to Rs 305, L&T technology increased by Rs 115.50 to Rs 305.50, HCL technology increased by Rs 30.5 to Rs 1,505.5, Persistent system increased by Rs 4. 50 increased to Rs. 210.50, Emphasis increased by Rs. 2.5 to Rs. 314.5, TCS increased by Rs. 2.50 to Rs. 3.50, Tech Mahindra increased by Rs. 2.50 to Rs. 4.50 crore to Rs. Were.

Aggressive fund rally in small, mid-cap stocks: 215 stocks close positive: Only buyer's circuit in 6 stocks

In small, mid-cap, cash stocks today funds, operators, high networth investors, players again the market breadth became positive rather than broadly bullish. Out of the total 8 scrips traded on the BSE today, the number of gainers was 317 and the number of decliners was 114. The only seller in 12 stocks was the lower circuit against the upper circuit of the only buyer in 5 stocks.

Net sale of Rs 12 crore shares in FPI / FII cash: Net purchase of Rs 3 crore shares in DII cash

FIIs - Foreign institutional investors, foreign portfolio investors - FPIs today saw a net sale of Rs 12.5 crore in cash. A total of Rs 4.5 crore was sold against a total purchase of Rs 2.50 crore. On the other hand, DII-domestic institutional investors today saw a net sale of Rs 2.5 crore in cash. A total of Rs 4.08 crore was sold against a total purchase of Rs 4.5 crore.

Investors' asset-market capitalization rises by Rs 4.31 lakh crore to Rs 2.11 lakh crore

The market capitalization of companies listed on the BSE-investors' wealth rose by Rs 2.41 lakh crore to Rs 2.11 lakh crore in a single day today on the back of a massive rally in funds, players and investors.

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