Sensex fell 152 points to 61033 on sell-off in metal, auto stocks

-


Mumbai: On the global front, on the one hand, the report of re-opening from the Covid Zero Policy in China, sometimes the cases are increasing again, the uncertainty of the reports of the control being in place and on the other hand, the senate election in the United States is becoming more intense, with caution in the global markets, the activity of foreign funds also decreased in the Indian stock markets, and profit booking took place today. was In India, reports of inflation and rising interest rates starting to take a negative toll on people's spending power and the Vidhan Sabha election focus in Gujarat, Himachal Pradesh saw big players wary of raising big bullish trades and increasing the mindset of hoarding profits. After initial strength on funds' buying in select FMCG stocks along with gains in PSU banking stocks, the market slipped into the negative zone due to selling in metal-mining, automobile, consumer durables, capital goods-power, healthcare-pharmaceuticals companies. The Sensex finally closed down 151.60 points at 61033.55 and the Nifty spot closed down 45.80 points at 18157. Funds in small, mid-cap stocks too, players were seen easing after selling off the bounce. The international price of crude oil was down due to the China factor, Brent was close to 94.66 dollars and Nymax crude was close to 88.16 dollars.

Hindalco falls by Rs 21 on China report Metal stocks: APL Apollo, Jindal Steel fall

Funds in metal-mining stocks were selling off as demand for the metal weakened amid China's curbs. Hindalco fell by Rs.20.50 to Rs.417, APL Apollo fell by Rs.36.05 to Rs.1060, Jindal Steel fell by Rs.13 to Rs.481.05, Nalco fell by Rs.1.90 to Rs.74.05.

PSU bank stocks continue to rise: Bank of Baroda, Union Bank, PNB, BOI, Central Bank rose

In banking-finance stocks today, funds in particular PSU bank stocks continued to attract funds. Bank of Baroda rose by Rs.7.95 to Rs.166.30, Punjab National Bank-PNB rose by Rs.3.10 to Rs.44.95, Union Bank rose by Rs.5.55 to Rs.64.10, Bank of India rose by Rs. .6.40 increased to Rs.77, Central Bank increased by Rs.1.40 to Rs.24.05, State Bank of India increased by Rs.1.35 to Rs.615.55. Kotak Mahindra Bank increased by Rs.13.40 to Rs.1896.45, AU Small Finance increased by Rs.26.35 to Rs.642.80.

Offloading in small, mid-cap, cash stocks: 1837 stocks closed negative

Market breadth remained negative as re-selling by funds, players became widespread following the rally in small, mid-cap, several cash stocks. Out of the total 3634 scrips traded in BSE, the number of gainers was 1683 and the number of decliners was 1837.

FPI/FII's net purchase of Rs.387 crore in cash : DII's net sale of Rs.1060 crore

Foreign Portfolio Investors-FPIs, Foreign Institutional Investors-FIIs again bought Rs.386.83 crore worth of shares in the cash segment today-Wednesday. A total of Rs.8892.25 crore was sold against a total purchase of Rs.9279.08 crore. While DII-domestic institutional investors made a net sale of Rs.1060.12 crore in the cash segment today. A total of Rs.7605.55 crore was sold against a total purchase of Rs.6545.43 crore.


Comments

Post a Comment

Popular posts from this blog

Covid-19 effect: Significant increase in demand for second hand cars in the country

-
Image
Mumbai, May 26, 2020, Tuesday As lockdowns are being phased out across the country, the use of private vehicles using public transport to reach their destinations is on the rise. The increasing use of private vehicles has also increased the demand for cars, especially secondhand cars. Demand for second-hand cars is unprecedented. Inquiries for second-hand cars have almost doubled during the lockdown period compared to the time before the lockdown, according to a survey of about 100 dealers and car buyers. Demand for used cars at dealers has been strong in the last few weeks, and is expected to grow as the lockdown eases. Consumers are increasingly interested in buying second-hand cars, especially smaller ones, due to lower income levels and health-related safety, said an organized second-hand car dealer. Inquiries for a particular vehicle, which used to be around 15 per cent before the lockdown, have now doubled to 5 per cent. Inquiries for new vehicles have fallen from 21 per cen...
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja...
Read more

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro...
Read more