Sensex fell 314 points to 60008

Exit funds, operators surge in small, mid-cap, frontline stocks

(Gujarat News Correspondent) MUMBAI: Global markets rallied today, cautiously after the initial strengthening in Indian stock markets, with markets, operators and players in the last hour largely offloading the market into the negative zone. Despite reports of rising inflation on the international front, as well as concerns over the transition to the Corona, Europe and the United States and China being the richest country in the world, China today saw a narrow shift in cautious global markets amid growing economic challenges. In Indian stock markets, funds, operators, players, high networth investors continued to offload in small, mid-cap, cash segment stocks as well as frontline index stocks with each rise. Banks-Finance, Oil-Gas, Consumer Durables stocks today saw a sell-off in the automobile stocks. As a result of Nifty-based basket selling of funds in the last hour, the Nifty spot was down 100.5 points at 12.5 and the Sensex was down 216.05 points at 7,002.5. The US dollar had lost 10 paise to Rs 2.7 against the rupee. International crude oil prices fell modestly, with Brent crude falling 3 cents to ૬૫ 21.7 and Nymex crude falling 21 cents to close at ૮૫ 4.5. Meanwhile, with the storm in the last hour today, some sections in the market were showing the possibility of a big storm in the coming days.

Sensex plunges 205 points to 530 in last hour

Trading started today with a cautious softness. IndusInd Bank, Power Grid Corp, ITC, Asian Paints, Tech Mahindra, State Bank of India, Bajaj Finance, Bajaj Finance, among others. Axis Bank, Kotak Bank, HDFC Bank, ICICI Bank, HDFC Ltd, HDFC Bank, among others. Steel, Hindustan Unilever, Bharti Airtel, TCS, among others, fell to 6.5 and finally fell by 316.05 points to close at 9,004.5.

The Nifty spot in the uptrend has come down from 1908 to the low of 12 and finally decreased by 101 points to 16.

NSE's Nifty spot opened at 17.8 against the previous close of 12.50 and after initial caution, auto stocks including Maruti Suzuki, Tata Motors and Power Grid Corp, NTPC, IndusInd Bank, Asian Paints, SBI Life Insurance, INA, INS State Bank, Bajaj Finserv, ONGC, among others, rose sharply to 1,407.8. Reliance Industries, IOC, UPL, Britannia, Coal India, Diviz Laboratories, Cipla, Grasim, Axis Bank, Shree Cement, Adani Ports, Kotak Mahindra Bank, BPCL, Bajaj Auto, Tata JS, Sales, including steel, fell to 17.5 and ended at 100.5, down 100.5 points.

November Nifty futures fall from 19006 to 17: Bank Nifty futures fall from 203 to 2100

Nifty-based funds in derivatives softened the bullish trade. The Nifty November futures opened at 12 points against 16,006, fell to 1,407.50 and fell to 14.5 at the end. Bank Nifty November futures opened at 2140 against 3100 and fell from 7.5 to 205 at the end of 3100.

Technically down trend near Nifty: Closing above Nifty spot 12 is necessary for new rally

Technically Nifty based near trend is showing down-negative. It is technically shown that a close above Nifty 19 is necessary for a new rally.

Bankex down 2 points: Axis Bank, Citi Union Bank, Bandhan Bank, Kotak Bank, HDFC Bank down

The BSE Bankex Index fell 4.5 points to close at 7.4 on continued profit booking in banking and finance stocks. Axis Bank fell by Rs 19.50 to Rs 314.15, Citi Union Bank by Rs 4.5 to Rs 19.50, Bandhan Bank by Rs 2.50 to Rs 311.50, Kotak Mahindra Bank by Rs 31. 20 fell to Rs. 2091.50, HDFC Bank fell by Rs. 18.50 to Rs. 190.5. While IndusInd Bank rose by Rs 13.5 to Rs 107.05, State Bank of India rose by Rs 3.15 to Rs 3.15. Along with this, Shree Infra Finance fell by 3 paise to Rs 3.05, Spandana Sphoorti fell by Rs 20.5 to Rs 4.5, Motilal Oswal fell by Rs 20.5 to Rs 316.50, MCX India fell by Rs 21.50. Rs 14.50, IDBI Bank down Rs 1.50 to Rs 21, Care Rating down Rs 20.10 to Rs 4.5, AB Capital down Rs 4.5 to Rs 105.5, Edelweiss down Rs 1 .50 was down to Rs. 2.50. While Satin Credit has increased by Rs 2.50 to Rs 2.50, Centrum Capital has increased by Rs 3.50 to Rs 3.50, Religare Enterprises has increased by Rs 3.50 to Rs 19.50, SBI Life Insurance has increased by Rs 5. 10 increased to Rs. 115, JM Financial increased by Rs. 1.5 to Rs. 31.5, Crisil increased by Rs. 2.50 to Rs. 04 increased to Rs. 31.5.

Consumer durables stocks like Blue Star fell by Rs 5 to Rs 1008: Bajaj Electricals, Whirlpool, Titan Company, Dixon fell.

Shares of consumer durables companies continued to make profit bookings today. Blue Star fell by Rs 2.50 to Rs 1,008.5, Bajaj Electricals fell by Rs 5 to Rs 1,117.5, Whirlpool fell by Rs 2.50 to Rs 4, Titan Company fell by Rs 20.5 to Rs 4.5. CG Consumer fell by Rs 4.5 to Rs 4.5, Dixon Technology fell by Rs 3.5 to Rs 5. While Rajesh Exports increased by Rs 4.5 to Rs 2.50, Vaibhav Global increased by Rs 2.50 to Rs 30.5, Amber Enterprises increased by Rs 3.10 to Rs 4.5, Voltas increased by Rs 4.50. 18.5.

Reliance Industries Rs. HPCL down Rs 5: HPCL down Rs 15 to Rs 5: IOC, BPCL down

With international crude oil prices softening today, oil-gas stocks were also seen selling off funds at a steady profit. Reliance Industries down Rs 4.05 to Rs 2.09, HPCL down Rs 11.50 to Rs 4.5, IOC down Rs 2.50 to Rs 19.50, Gujarat Gas down Rs 15 to Rs 5 30, BPCL fell by Rs. 5 to Rs. 219, Petronet LNG fell by Rs. 1.5 to Rs. 3.5.

Preparing for delisting? Maruti jumps Rs 2 more to Rs 4: Tata Motors, Tube Investment, Bosch, MRF

The BSE Auto Index rose by 12.5 points to close at 3104.5 today on the back of sustained selection of funds in automobile stocks. Shares of Maruti Suzuki rose by Rs 4.5 to Rs 5 for the second day in a row amid speculation of delisting. Tata Motors increased by Rs 11.50 to Rs 30.50, Tube Investment by Rs 4.5 to Rs 151, Bosch by Rs 215.50 to Rs 19.50, MRF by Rs 2.50 to Rs 305. Escorts were up by Rs 2.50 to Rs 19.5. While Motherson Sumi fell by Rs 2.50 to Rs 3.10, Eicher Motors by Rs 2.15 to Rs 2.50, Ashok Leyland by Rs 1.10 to Rs 19.50.

૬૩ Moons jumps Rs 15 to Rs 12: Timetechno, Apollo Hospital, NRB, Metropolis, Explio

Other frontline stocks, including small, mid-cap and cash stocks, were bullish today. ૬૩ Moons Technology jumps up Rs 11.5 to Rs 19.50, Explo Solutions jumps up Rs 131.5 to Rs 120.5, Precision Camshaft jumps up Rs 13.5 to Rs 114, Apollo Hospital rises Rs 4.5 to Rs .2.5, Time Technoplast jumped by Rs. 4.5 to Rs. 2.50, Aerogreen increased by Rs. 2.4 to Rs. 8, Thyrocare to Rs. 21.5 to Rs. 12.5, Ramco System to Rs. 15.05 to Rs. 30.5 to Rs. 12.50, EID Perry rose by Rs.

Marketbroadth Negative: 12 stocks close negative

The Sensex, Nifty, in the last hour of the day with small, mid-cap, funds in cash stocks, the market breadth was worse than the operators continued to sell profitably. Out of the total 9 scrips traded on the BSE, the number of gainers was 16 and the number of declines was 16. The only seller in 216 stocks was the lower circuit against the upper circuit of the only buyer's up in 5 stocks.

Net sale of Rs 3 crore shares in FPI / FII cash: Net sale of Rs 21 crore shares in DII cash

FIIs - Foreign institutional investors, foreign portfolio investors - FPIs had a net sale of Rs 2.5 crore in cash today-Wednesday. A total of Rs 4.5 crore was sold against a total purchase of Rs 21.5 crore. On the other hand, DII-domestic institutional investors made a net purchase of Rs 21.12 crore in cash today. A total of Rs 4.5 crore was sold against a total purchase of Rs 4.5 crore.

Investors' asset-market capitalization rises by Rs 1.5 lakh crore to Rs 21.05 lakh crore

Shares of Index-based Sensex, Nifty with small, mid-cap, cash stocks continue to sell today, but the accumulated market capitalization of companies listed on the BSE rose by Rs 1.5 lakh crore in one day. Lakh crore was reached.