The Sensex jumped 534 points to 59,299


(Gujarat News Correspondent) MUMBAI: With the outbreak of Corona across the country and the success of the vaccination program, industries and businesses across the country are booming. The funds started the week on a tumultuous rally in Indian stock markets. With more than one positive factor emerging in the country, the good progress of the monsoon and the positive impact of various incentives and concessions by the government on industries, the RBI's credit policy review meeting to be held this weekend will also start with a positive decision on interest rates. Funds rallied sharply today in anticipation of a season of encouraging quarterly results. Metal-mining, IT-software services, technology stocks as well as healthcare-pharma, realty, power-capital goods, banking-finance stocks rose sharply, the Sensex jumped more than 20 points at one point and rose 1.3 points to close at 9. .40 points to close at 131.8.

Sensex jumps 4.5 points to 4 in a tumultuous rally

Trading started today at the expected strength. The Sensex opened at 219 against the previous close of 7.5, led by Tata Steel in metal-mining stocks from the outset and in banking-finance stocks including State Bank of India, Bajaj Finserv, Bajaj Finance, IndusInd Bank, Axis Bank, ICICI Bank, ICICI Bank, ICICI Bank. Among IT stocks, Tech Mahindra, TCS, Infosys and Reliance Industries, Bharti Airtel, Asian Paints, Sun Pharma, Ultratech Cement and others surged 4.5 points at a time to reach above 4.5. Among Unilever, Titan, Nestle India and Kotak Bank, the benchmark rose by 2.4 points to close at 4.5.

Nifty spot rises sharply from 15 to 130

NSE's Nifty spot opened at 1913.8 against the previous close of 16.05. State Bank of India, Bajaj Finserv, Bajaj Finance, SBI Life Insurance, IndusInd Bank, Axis Bank among others are among the major banking and finance stocks including Dr. Reddy's Laboratories, Sun Pharma and Tech Mahindra, TCG However, auto stocks including Mahindra & Mahindra, Tata Motors, Tata Consumer, Reliance Industries, Adani Ports and others rose by one point to 120.50 and closed at 161.8, up 19.50 points.

Metal index jumps 30 points: Hindalco rises by Rs 4, Vedanta by Rs 15, Jindal Steel by Rs 15

NG: Funds rose sharply in metal-mining stocks today on speculation that Indian steel, metal companies will gain profits with an increase in production, as many industries are shutting down due to the crisis in China. The BSE Metal Index jumped 4.3 points to close at 206.5. Sail jumped Rs 2.50 to Rs 150.50, Hindalco jumped Rs 21.50 to Rs 205.05, Vedanta rose Rs 19.50 to Rs 3.50, Jindal Steel rose Rs 19.50 to Rs 215. 30, NMDC up by Rs. 2.50 to Rs. 12.5, APL Apollo up by Rs. 18.5 to Rs. JSW Steel rose by Rs 2.10 to Rs 21.10, Coal India by Rs 1.8 to Rs 12.5.

Storm in Adani Group stocks: Grindwell Notarn rises Rs 5 to Rs 15: Siemens, SKF India rises

The BSE Capital Goods Index rose 4.5 points to close at 6.5 as funds made aggressive purchases in power-capital goods stocks today. Grindwell Nottern rose by Rs 2.50 to Rs 12.5, Siemens by Rs 4.5 to Rs 20, SKF India by Rs 115.50 to Rs 305, Graphite India by Rs 15.5 to Rs 216.5 , Finolex Cables increased by Rs.12 to Rs.2.5, Honeywell Automation increased by Rs.151.15 to Rs.2,000, Carborendum Universal increased by Rs.20.50 to Rs.0.05, Adani Green increased by Rs.0.05 to Rs. 119.20, Larsen & Toubro rose by Rs. 12.5 to Rs. Along with this, Adani Power increased by Rs 2.50 to Rs 101.5, NTPC increased by Rs 2.50 to Rs 13.5, Adani Transmission increased by Rs 2.50 to Rs 19.10, Tata Power increased by Rs 2.50. International NGO: Exchange rose by Rs 11.5 to Rs 3.50.

Attraction in banking-finance stocks: State Bank rises by Rs 11 to Rs 5: Bajaj Finserv, Centrum, Federal Bank rise

The BSE Bankex Index rose 4.5 points to close at 2.07 on buying in banking and finance stocks. State Bank of India rose by Rs 11.50 to Rs 3.05, Bajaj Finserv by Rs 218.5 to Rs 19.5, Bajaj Finance by Rs 19.15 to Rs 2.50, Federal Bank by Rs 5 Rs 2.15, Bandhan Bank up Rs 2.50 to Rs 2.50, IndusInd Bank up Rs 15.50 to Rs 1112.50, Axis Bank up Rs 10.15 to Rs 4.5, ICICI Bank AU Small Finance Bank was up by Rs 2.50 to Rs 118.10. Along with this, Centrum Capital jumped by Rs 3 to Rs 2.15, Paisalo Digital jumped by Rs 2.50 to Rs 2.50, Ken Finn Homes rose by Rs 4.5 to Rs 210.5, Equitas Bank by Rs 4.5. Rs 2.50 crore, Cams Rs 15.50 crore to Rs 3160.5 crore, Shriram City Rs 2.8 crore to Rs 315 crore, Pilani Investment Rs 2.8 crore to Rs 13.5 crore, LIC Housing Rs. Bajaj Holdings rose by Rs 12.5 to Rs 201.5, ICICI Securities rose by Rs 4.5 to Rs 4.5.

Aggressive rise in IT-software stocks: Nelco, Emphasis, NIIT, Oracle, TCS, Tech Mahindra rise

Fund-buying was again aggressive in IT-software services, technology stocks. Nelco jumped by Rs 4.5 to Rs 2.50, NIIT by Rs 10.50 to Rs 21.15, Indiamart by Rs 2.50 to Rs 4.5, Emphasis by Rs 21.5 to Rs 305, Oracle Finserv rose by Rs 102.5 to Rs 21.5, Persistent by Rs 7.5 to Rs 20, Tech Mahindra by Rs 4.5 to Rs 15.05, Tata Alexi by Rs 105.50 to Rs 5 .50, MindTree increased by Rs. 2.50 to Rs. 2.50, TCS increased by Rs. Infosys rose by Rs 19.15 to Rs 19.10.

All-round bullish storm in small, mid-cap stocks: Only buyer's bullish circuit in 6 stocks

In small, mid-cap, cash stocks, the market breadth was extremely positive on the first day of the week today as funds, operators, players continued to take a wide range. Out of the total 21 scrips traded on the BSE today, 9 were up and 104 were down. The only seller in 12 stocks was the lower circuit, as opposed to the upper circuit of the only buyer in 5 stocks.

Net purchase of Rs 30 crore shares in FPI / FII cash: Purchase of shares worth Rs 5 crore in DII cash

FIIs - Foreign Institutional Investors, Foreign Portfolio Investors - FPIs made a net purchase of Rs 20.50 crore in cash today-Monday. A total of Rs 12,31.5 crore was sold against a total purchase of Rs 19,121.5 crore. On the other hand, DII-domestic institutional investors made a net purchase of Rs 3.08 crore in cash today. A total of Rs 206.5 crore was sold against a total purchase of Rs 7.5 crore.

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