Sensex up 198 points to 58664

Foreign funds, investors to sell Rs 15,000 crore net in three days

(Gujarat News Correspondent) MUMBAI: Among the more negative factors on the economic front, the Modi government was forced to withdraw three agriculture laws last week and the cancellation of Reliance-Aramco deals as well as discounting listings on shares of Paytm-One2 Communications. Today-Tuesday, after the crash, the declining funds put the market in a positive zone by giving a break to the crash. Derivatives showed short covering by stopping erosion today before the end of the November trend in the weekend on Thursday. Of course, as the market is still trading at overvaluation, the rise in stocks by funds and experts today has been described by some as a deceptive boom. Metal-mining, power-capital goods, healthcare-pharmaceuticals, automobiles, consumer durables, realty stocks gave the market a U-turn. The Sensex recovered after a sharp fall of 4.5 points to close at 1.8 points, up 3.8 points and the Nifty spot recovered after an initial fall of 200.5 points and closed at 1,304.5, up 3.50 points.

Sensex fell 4 points intra-day to 319, finally rose 17 points to 5

The Sensex opened at 7.5 against the previous close of 7.5. Profit booking in power-capital goods stocks including Power Grid Corp, NTPC, Larsen & Toubro and Bajaj Finserv, Bharti Airtel, Tata Steel, Tech Mahindra India, Bajaj Finance, HCL Technology, HDFC Ltd, Dr. Reddy's Laboratories, ITC, Reliance Industries, Nestle India and others with short covering recovered. .

The Nifty spot came back to 1915 in the initial 500-point crash and finally increased by 3 points to 1908.

Nifty Spot opened at 181.5 against the previous close of 1913.8 Banking-Finance stocks with IndusInd Bank, Axis Bank along with Asian Paints, Bajaj Auto, Maruti Suzuki, Wipro, Titan Company up to Rs. Gabdi returns to ferrite-mining stocks including JSW Steel, Coal India, Tata Steel and Power Grid Corp, NTPC, Eicher Motors, Britannia, Adani Ports, Sun Pharma, Diviz Laboratories, State Bank of India, Mahiji Te Larsen & Toubro, HDFC Life Insurance, Nestl ઈ India, Tata Consumer Products, Reliance Industries, Bajaj Finance, Dr. Reddy's Laboratories, BPCL, among others, rose sharply to close at 12.20.

Nifty futures fall to 180 before end of November trend

The funds showed Nifty-based fraudulent short covering today, before the end of the November trend in derivatives tomorrow-Thursday. The Nifty November futures opened at 16 points against 19.05, hitting a low of 120 and bouncing back to a high of 120 before closing at 16.50. Bank Nifty November futures opened at 31.8 against 315.10, fell to 9 and reached 7.5 at the end was 8.10.

Technically down trend near Nifty spot: Closing above Nifty 19 is necessary for new rally

Technically the Nifty spot is showing a near trend down. Technically, a new rally in the Nifty spot now requires a close above 12. Of course, the market is currently showing an oversold position nearby.

Metal Index jumps 6 points: Vedanta Rs 5, NMDC Rs 5, JSW Steel Rs 5

The BSE Metal Index rose by 3.50 points to close at 18.8 on the back of a massive rally in funds amid talk of a silent rally in metal-mining stocks today. Tata Steel rose by Rs 4.5 to Rs 114.5 amid talk of a silent maharathi rally. Amid reports of big deals by promoters in Vedanta, the stock rose by Rs 2.50 to Rs 2.15, NMDC by Rs 2.50 to Rs 12.5, JSW Steel by Rs 4.5 to Rs 4.5, Coal India Jindal Steel rose by Rs 2.50 to Rs 19.50, Jindal Steel rose by Rs 19.50 to Rs 21.5, Sail rose by Rs 4.5 to Rs 111.10, Hindustan Zinc rose by Rs 3 to Rs 4.50. , Hindalco rose by Rs 2 to Rs 30.10, APL Apollo rose by Rs 11.50 to Rs 305.

BHEL, GMR Infra., Adani Green, Siemens, Lakshmi Machine, Timken, Larsen, Power Grid Corp, NTPC

Funds in power-capital goods stocks rebounded today. Of course the booming funds re-booked profits in many stocks. BHEL increased by Rs 4.5 to Rs 2.50, GMR Infra increased by Rs 1.50 to Rs 2.50, Adani Green NG increased by Rs 4.5 to Rs 1,205.5, Bharat Electronics increased by Rs 5 to Rs. 311, Hindustan Aeronautics increased by Rs. 3.10 to Rs. 1905.50, Siemens increased by Rs. 2.50 to Rs. 205.50, Lakshmi Machine Works increased by Rs. 12.5 to Rs. Rs 14.50, Larsen & Toubro rose by Rs 4.5 to Rs 13.5, SKF India rose by Rs 4.05 to Rs 2.50, Carborundum Universal rose by Rs 2.50 to Rs 205.50, Adani Power rose by Rs 5 to Rs 105.50, Tata Power by Rs 4.5 to Rs 4.5, Power Grid Corp by Rs 2.50 to Rs 301.5, Torrent Power by Rs 12.5 to Rs .3, NTPC increased by Rs. 2.50 to Rs. 12.50, Adani Transmission increased by Rs.

Healthcare stocks fall in value

Shares of healthcare-pharmaceuticals companies fell by 2.81 points to close at 2021.30 today as funds and high networth investors reduced their valuations. Venus Remedies increased by Rs 2.50 to Rs 5, Glenmark by Rs 2.50 to Rs 312.5, Nureca by Rs 15.5 increased to Rs 150, Aster DM Health by Rs 15.5 increased to Rs 205.50 , Stride Pharma up Rs 4.5 to Rs 311.50, Hikeal up Rs 2.50 to Rs 21.50, Marksons Pharma up Rs 2.50 to Rs 4.5, Dishman Carbogen up Rs 12.5 Rs 6.5, Lincoln Pharma up Rs 12.5 to Rs 4.5, Morpen Lab up Rs 2.50 to Rs 4.5, Copran Rs 11.5 up to Rs 4.5, RPG Life up Rs Forty Healthcare increased by Rs. Sun Pharma Advance rose by Rs 4.5 to Rs 2.50 and Aurobindo Pharma by Rs 2.50 to Rs 31.50.

Attractions in auto stocks decline: Balakrishna Industries rises by Rs 21 to Rs 5: Bosch, Cummins, Eicher, Tata Motors rise

After a sell-off in recent days in automobile stocks, select stocks with short covering turned out to be partial takers today. Balakrishna Industries rose by Rs 31.50 to Rs 4.5, Bosch by Rs 4.5 to Rs 1,311.5, Cummins India by Rs 12.5 to Rs 2.50, Eicher Motors by Rs 5 to Rs 5 .3, Tata Motors increased by Rs. 3.5 to Rs. 2.50, Ashok Leyland increased by Rs. 6 to Rs. 219.50.

Reliance's rating boosted by Moody's statement not to be affected by Aramco deal cancellation: Indraprastha, Gujarat Gas rises

International crude oil prices of Nymex crude fell to ડો 4.31 and Brent was close to ૯૪ 4.6, with India deciding to cut its supply of 3 million barrels of crude from its strategic reserves and countries including Japan are set to cut supplies from reserves today. -Gas stocks were the preferred pick. Moody's said in a statement that the cancellation of the deal today would not change the credit rating of Reliance following the cancellation of Reliance Industries' deal with Aramco yesterday. Indraprastha Gas increased by Rs. 20.5 to Rs. 2.50, Gujarat Gas increased by Rs. 3.5 to Rs. 5, Adani Total Gas increased by Rs. 30 rose to Rs. 12.50, Petronet LNG rose by Rs.

Small, mid-cap stocks fall, value-buying rises: 8 stocks close positive

Marketbroadth turned positive again today, with small, mid-cap, cash-strapped funds also recovering after initial gaps in the Sensex and Nifty, with broad-based value-buying by operators. Out of the total 215 scrips traded on the BSE, the number of gainers was 4 and the number of losers was 6. The only seller in 19 stocks was the lower circuit, as opposed to the upper circuit, the only buyer in 219 stocks.

Massive net sale of Rs 3 crore worth of stocks in Khainj / Khainin cash: Massive sale of Rs 15,000 crore in three days

FIIs - Foreign institutional investors, foreign portfolio investors - FPIs today (Tuesday) saw a massive net sale of shares worth a further Rs 2.09 crore in cash. A total of Rs 12,8.13 crore was sold against a total purchase of Rs 10,101.06 crore. On the other hand, DII-domestic institutional investors made a net purchase of Rs 2,081.12 crore in cash today. A total of Rs 2.50 crore was sold against a total purchase of Rs 4.5 crore.

Investors' asset-market capitalization rises by Rs 4.31 lakh crore in one day to Rs 4.5 lakh crore

With the U-turn of the index-based market today, the Sensex, Nifty are in the positive zone and small, mid-cap, cash stocks are falling sharply today. 6.5 lakh crore.