Sensex fell 433 points to 59920

US inflation rises to 31-year high: Rising inflation raises global concerns

(Gujarat News Correspondent) MUMBAI: With global inflation worsening day by day and inflation in the US hitting a 21-year high, supply chain disruptions and shortages are on the rise. The thud was spoken. Inflationary figures in India show that inflation is at an all-time low, but with rising petrol and diesel prices and skyrocketing prices of essential commodities, rising prices are becoming unbearable. The Sensex, Nifty-based crash was volatile today as funds began to show signs of deteriorating in the coming days, with funds all-round offloading in stocks as a precaution. In banking-finance stocks with hammering, profit booking in automobile, oil-gas, healthcare, FMCG, IT stocks, Sensex fell by 2.15 points to 313.8 and Nifty spot by 19.50 points to close at 19.50. The US dollar had gained 18 paise to close at Rs 5.31 against the rupee. In the evening, Brent crude and Nymex crude were hovering around ૮૨ 4.5 and ૯૨ 50.5, respectively, on the back of lower crude oil prices.

Sensex loses 30,000 level

Trading started softly today. The Sensex opened at 2031.30 against the previous close of 206.9. Ltd., Kotak Mahindra Bank with Bajaj Finserv, Bajaj Finance, ICICI Bank with huge profit bookings and in Tech Mahindra, HCL Technology, Nestle India, Maruti Suzuki, ITC, Ultratech Cement, Larsen & Toubro, PowerNew, It came down to 3.8 and finally dropped by 3.15 points to close at 313.8.

Nifty spot breaks 15,000 level: down 16

The NSE Nifty 50 Index opened at 16.8 against the previous close of 19013.50, initially rising modestly, including Reliance Industries, Titan Company, Hindalco, JSW Steel, Coal India and Mahindra & Mahindra, Indus1. The fund's IT stocks include Tech Mahindra, Wipro, HCL Technology, Sell and Banking-Finance stocks include State Bank of India, SBI Life Insurance, Bajaj Finance, Bajaj Finserv, Axis Bank with Sun Pharma, Grasim, Bravis, Diviz Labs, Offloading in Tata Motors, including Power Grid Corp.

Technically Nifty Based Near Trend Negative: Closing above Nifty Spot 12 Necessary

The technically Nifty based market trend is now negative. Technically, it is now being shown that the bulls should trade only after the Nifty closes above 15.

Bankex loses 2 points: State Bank loses Rs 15 to Rs 303: Bandhan Bank, Axis Bank, Kotak Bank, HDFC shares fall

In banking-finance stocks, the BSE Bankex Index fell 4.6 points to close at 206.9 on profit-booking of funds today. State Bank of India fell by Rs 13.5 to Rs 206.5, Citi Union Bank by Rs 2.50 to Rs 19.50, Bandhan Bank by Rs 2.50 to Rs 209.50, Axis Bank by Rs 10 Kotak Mahindra Bank fell by Rs. 20 to Rs. 2030.05, ICICI Bank by Rs. 114.5, HDFC Bank fell by Rs. 4.5 to Rs. 12.50, Union Bank of India fell by Rs. . It was down by Rs 2.50 to Rs 305.

Piramal Rs.105, Bajaj Holdings Rs.150, Max Fi. Rs.2, UTI Rs.21, Bajaj Finserv Rs.2 fell

In finance and other banking stocks, Piramal Enterprises fell by Rs 106.10 to Rs 316.05, Religare Enterprises by Rs 4.5 to Rs 13.5, Indiabulls Housing by Rs 2.50 to Rs 5, IDFC Ltd. today. Rs 1.50 fell to Rs 2.10, Bank of India fell by Rs 5 to Rs 2.50, Bajaj Holdings fell by Rs 130.50 to Rs 313.5, Max Financial fell by Rs 4.5 to Rs 5 , UTI AMC down Rs 31.50 to Rs 105.15, Shriram City down Rs 4.5 to Rs 2100.50, Bajaj Finserv down Rs 4.05 to Rs 16.05, SBI Life Insurance down Rs. 15 to Rs. 114.5.

In auto stocks, Balakrishna fell by Rs 15, Bosch by Rs 31, Escorts by Rs 4, Eicher by Rs 4, MRF by Rs 4.

Amid reports of persistently high petrol and diesel prices and a slowdown in purchases of new vehicles following the end of the festive season, auto stocks of the funds traded lower today. Balakrishna Industries fell by Rs 19.50 to Rs 2.50, Bosch by Rs 21.50 to Rs 19.15, Escorts by Rs 21.5 to Rs 1915.05, Eicher Motors by Rs 4.5 to Rs. 401, Tata Motors fell by Rs. 2.5 to Rs. 206.5, Ashok Leyland fell by Rs. 2.50 to Rs. 19.50, MRF fell by Rs. 2.50 to Rs. 50, Maruti Suzuki fell by Rs. .0.05.

Funds sold in realty stocks: DLF fell by Rs 15, Prestige Estate by Rs 31, Godrej Property by Rs 4, Suntech by Rs 10

Amid reports of rising property demand as the risk of inflation rises with the end of the festive season, the funds turned out to be a lucrative sell-off in realty stocks today. DLF fell by Rs 19.15 to Rs 316.5, Prestige Estate fell by Rs 21.50 to Rs 4, Godrej Properties fell by Rs 2.50 to Rs 4.5, Suntech Realty fell by Rs 10.50 to Rs 4. Indiabulls Realty fell by Rs 2.50 to Rs 131.50, Shobha Developers fell by Rs 13.5 to Rs 4.

In healthcare-pharma stocks, Nureka fell by Rs 305, Solara Active by Rs 150, Laurus Lab by Rs 3, JB Chemicals by Rs 3 and Fortis by Rs 10.

The BSE Healthcare Index fell by 316.15 points to close at 5,060.8 as funds in the healthcare-pharmaceuticals companies stock market began to moderate. Nureka fell by Rs 209.5 to Rs 120.50, Solara Active fell by Rs 150.10 to Rs 171, Laurus Labs fell by Rs 4.5 to Rs 4.5, JB Chemicals fell by Rs 2.50 to Rs 13 .40, NGL Fine Chem down Rs. 18.50 to Rs. 20.5, Sequential Scientific down Rs. 4.5 to Rs. 19.50, Natco Pharma down Rs. 4.5 to Rs. 10.50 down to Rs. 4.5, Metropolis down Rs. 2.50 to Rs. 2030, RPG Life down Rs. Sun Pharma Advance down Rs 4.5 to Rs 2.50, Diviz Lab down Rs 2.50 to Rs 4.5, Glend Pharma down Rs 21.5 to Rs 5, Dr Lalpath Lab down Rs 2.50 Fell to Rs.

Pollen Milk jumps Rs 11 to Rs 12: Dodla Dairy, Shree Renuka Sugar, Hindustan Foods, Balrampur, DFM Foods

FMCG stocks were to sell in frontline stocks today against the preferred takers. Dairy stocks were bullish today amid reports of a 5 per cent rise in milk production in the current financial year and growth in the dairy industry. Pollen Milk jumped by Rs 10.8 to Rs 12.5 and Dodla Dairy jumped by Rs 4.5 to Rs 311.5. Along with this, the rise in the price of ethanol for blending in fuel was accompanied by a rise in sugar stocks. Mr. Renuka Sugar jumped 1.5 to Rs. 2.50, Balrampur Chinese rose by Rs. 2.50 to Rs. 20.10, EID Perry rose by Rs. , Bajaj Hindustan was Rs. Along with this, DFM Foods rose by Rs 15 to Rs 4.5, Hindustan Foods by Rs 4.5 to Rs 12.5, P&G by Rs 4.5 to Rs 19. While Dwarkesh Sugar fell by Rs 1.50 to Rs 2.15, Hindustan Unilever fell by Rs 2.50 to Rs 4.5, Britannia fell by Rs 4.5 to Rs 4.5.

Funds, operators slump: Widespread offloading in small, mid-cap stocks again: Declining number of stocks rises

With the Sensex, Nifty continuing to crash today, small, mid-cap, cash stocks, funds, operators in the midst of the talk of a slump in many stocks, the market breadth worsened. Out of the total 8 scrips traded on the BSE, the number of gainers fell from 1208 yesterday to 161 today and the number of losers increased from 1908 to 1608. The only seller in 12 stocks was the lower circuit against the upper circuit of the only buyer's uptrend in 6 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 2.8 crore was sold against a total purchase of Rs 216.5 crore. On the other hand, DII-domestic institutional investors made a net purchase of Rs 3.5 crore in cash today. A total of Rs 2.50 crore was sold against a total purchase of Rs 4.5 crore.