The Sensex rose 145 points to 60,967

Investors' capital laundered Rs 12.5 lakh crore in five days

(Gujarat News Correspondent) MUMBAI: The long-awaited record-breaking rally in Indian stock markets, which has become the expected and inevitable correction-decline trend, continued earlier this week. Despite the overall good results in the September 2021 season of corporate results and good monsoon progress, the country is emerging from the Corona era and embarking on the path of rapid economic-industrial growth. Is. The funds booked huge profits in consumer durables, automobile stocks against a stormy rally led by ICICI Bank in banking-finance stocks today. While stocks in the small, mid-cap and cash segments continued to plummet. Local funds, mutual funds and institutional investors were selling heavily against foreign portfolio investors today. International crude oil prices remained moderately strong with narrow fluctuations. The US dollar had gained 20 paise to Rs 2.09 against the rupee today. The Bankex Index jumped 114 points today on the back of a positive impact of ICICI Bank's encouraging quarterly results. At the close of trading, the Sensex was up 13.6 points at 206.05 and the Nifty spot was up 19.60 points at 1,412.50.

Banking stocks rise 19 points in FENSOI

Trading started strong today. The Sensex opened higher at 219.3 against the previous close of 2021.1. Returning from Bajaj Finserv, HDFC Bank, IndusInd Bank, HCL Technology, Maruti Suzuki, ITC, Asian Paints, Titan Company, Reliance Industries, Power Grid Corp., NtjC At one point, it was in the negative zone and came down to 202.5. With the rise in buying in banking giant ICICI Bank and the rise in State Bank of India, Axis Bank, Tech Mahindra, Dr. Reddy's Laboratories, Mahindra & Mahindra, Hindustan Unilever, among others, rose to 31,904.5 and closed at 12.89 points. Was.

Nifty plummeted to 121 at the top and 12 at the bottom

NSE's Nifty spot opened at 19.40 against the previous close of 19115.50. , Nestle India, Britannia, Titan Company, Shree Cement, Adani Ports, HDFC Life among others. Returning from the downtrend, the buying in ICICI Bank became aggressive and with the strength in Axis Bank, State Bank of India, ONGC, JSW Steel, Hindalco, Tech Mahindra, Mahindra & Mahindra, the attraction increased to 131.50 at the end of the week. 30 was closed.

Bankex jumps 1,050 points: ICICI Bank jumps Rs 5 as a result of stimulus

In banking-finance stocks, Bankex jumped 1,060.5 points to close at 314.5 as a result of ICICI Bank's stimulus today. ICICI Bank's net interest income rose 19.5 per cent to Rs 12.5 crore in the quarter ended September 2021, and net profit rose 2.7 per cent to Rs 206.5 crore from Rs 2.8 crore. .50 to Rs. 31.50. While Axis Bank rose by Rs 3.15 to Rs 2.09, State Bank of India rose by Rs 3.50 to Rs 303.5. Of course, profit booking was done in many other backing-finance stocks. Bandhan Bank fell by Rs 13.5 to Rs 210.50, IndusInd Bank fell by Rs 19.50 to Rs 114.5, HDFC Bank fell by Rs 3.10 to Rs 13.5, Federal Bank fell by Rs 1.3. Kotak Mahindra Bank was down by Rs 15 to Rs 102.15.

Consumer Durables Index down 3 points: Dixon, Amber Enter Rs 15, Titan Rs 20

The BSE Consumer Durables Index fell 3.4 points to close at 6.15 on sustained selling by funds and players in stocks of consumer durables companies. Dixon Technology fell by Rs 4.5 to Rs 4.5, Amber Enterprises fell by Rs 19.50 to Rs 3.10, Vaibhav Global fell by Rs 21.5 to Rs 2.50, CG Consumer fell by Rs 19.50. At Rs 20.5, Titan was down Rs 20 at Rs 30.

Auto stocks bounce back: TVS down Rs 61, Bajaj Auto down Rs 103, MRF down Rs 150

Sales of vehicles of automobile companies were on sale in auto stocks of funds despite a good monsoon and a lack of response during the festive season. The BSE Auto Index fell by 3.50 points to close at 314.31. TVS Motor fell by Rs 30.5 to Rs 3.05, Balakrishnan Industries fell by Rs 4.5 to Rs 311, Motherson Sumi fell by Rs 2.50 to Rs 2.15, Bajaj Auto fell by Rs 109.50 to Rs. 30, Tube Investment fell by Rs 4.5 to Rs 120.5, Tata Motors by Rs 11.15 to Rs 4.5, Mahindra & Mahindra by Rs 4.5 to Rs 30.10.

Erosion in real estate stocks too: Suntech fell by Rs 5, Indiabulls by Rs 3, Prestige by Rs 15, Shobha by Rs 5

Even stocks of realty-real estate companies were softening today as funds eroded their overbought position. Suntech Realty fell by Rs 2.15 to Rs 2.50, Indiabulls Real Estate fell by Rs 2.50 to Rs 13.5, Prestige Estate fell by Rs 19.50 to Rs 20.50, Shobha Developers fell by Rs 2.50. Mahindra Life was down by Rs 2.50 to Rs 4.5, DLF was down by Rs 15.5 to Rs 301.05 and Oberoi Realty was down by Rs 2.50 to Rs 205.

In IT stocks, Zensar fell by Rs 5, NIIT by Rs 3, Saskat by Rs 115 and Mastek by Rs 15.

The BSE IT index fell by 3.61 points to close at 219 as the fund continued to sell profitably in IT-software services and technology stocks. Zensar Technology fell by Rs 2.50 to Rs 4.5, NIIT fell by Rs 2.15 to Rs 2.10, Saskat Technology fell by Rs 114.5 to Rs 151, Coforge fell by Rs 4.5 to Rs 205. 13, KPIT Technology fell by Rs 21.5 to Rs 303.10, Mastek fell by Rs 19.50 to Rs 21.50, Emphasis fell by Rs 2.50 to Rs 209.50.

૩૫૫ Only seller in stocks bearish circuit: Wide gaps in small, mid-cap stocks: 216 stocks close negative

Funds in the small, mid-cap, cash segments, players were seen to break the prices of many stocks at a lower volume than consistently widespread hammering. So that the marketbreadth remained extremely bad. Out of the total 20 scrips traded on the BSE, the number of decliners was 317 and the number of gainers was 104. The only seller in 4 stocks was the bearish lower circuit while the only buyer in 8 stocks was the upper circuit.

Investors' assets fall further by Rs 2.17 lakh crore: Rs 12.5 lakh crore eroded in five days

Shares of Index-based Sensex, small, mid-cap and cash stocks continue to sell broadly against the backdrop of Nifty gains. Is left. In five trading days, that is, on October 12, 2021, the highest level of Rs 4.5 lakh crore has been washed away by Rs 12.5 lakh crore.