Sensex rose 75 points to 60130

-


Embarrassment among traders ahead of end of April trend with dullness in global markets

MUMBAI: Despite overall encouraging results in the fourth quarter season of corporate results ending March 2023, the markets have been subdued for several days. Traders were seen feeling jittery ahead of the settlement of the monthly April trend in F&O this week on Thursday. In the banking sector, players wary of the banking crisis in America and Europe were confiding that the boom in banking stocks in Indian stock markets was missed in the panic. The domestic market also saw a marginal improvement at the end of a narrow two-way swing as a result of the uncertain two-way moves currently hitting the global front. After the news of the buyback of Wipro's shares in the Indian stock markets yesterday and ICICI Bank's results in the banking sector saw a boom, today the funds kept the market in the zone of index based bullishness by taking in selected finance sero including Bajaj Finance, Bajaj Finserv and oil-gas, capital goods stocks. International crude oil prices remained in narrow range with Brent crude oil trading at $82.23 per barrel and Nymax crude oil at $78.26 per barrel in the evening. Today, the rupee weakened by 1 paise against the US dollar and was close to 81.91.

In finance stocks, Bajaj Fi. Rs.141, JSW Holding Rs.514, Max Ventures rose Rs.11

In finance stocks, funds bought heavily in choice today. JSW Holdings rose by Rs 514.25 to Rs 4475.10, Max Ventures rose by Rs 11.05 to Rs 197.60, Religare Enterprises rose by Rs 8.45 to Rs 159, Tamil Nadu Mercantile rose by Rs 20.70 on the results. 429, HUDCO increased by Rs.1.88 to Rs.48.72, PNB Housing Finance increased by Rs.15 to Rs.444.30, Bajaj Finance increased by Rs.140.95 to Rs.6074, Bajaj Finserv increased by Rs.26.80. 1345.95, the Muthut cap increased by Rs.6.85 to Rs.283. While HDFC Life fell by Rs.17.40 to Rs.530.10, Prudent Advisors fell by Rs.35.65 to Rs.880.85, UTI AMC fell by Rs.9.70 to Rs.661.25, HDFC Ltd. fell by Rs.32 .05 decreased to Rs.2755.75, HDFC AMC decreased by Rs.13.05 to Rs.1765.90, HDFC Bank decreased by Rs.24.85 to Rs.1663.60. Bank of Baroda rose by Rs.3.95 to Rs.184.15, IndusInd Bank rose by Rs.19.45 to Rs.1121.50, ICICI Bank rose by Rs.8.45 to Rs.913.10, State Bank of India rose by Rs. .7.10 increased to Rs.561.65.

Profit booking in consumer stocks: CG Consumer Rs.35, Blue Star Rs.33, Dixon Rs.32 down

Consumer durables companies stocks were also sold by funds today. CG Consumer fell by Rs.34.65 to Rs.259.70, Blue Star fell by Rs.33 to Rs.1480.60, Amber Enterprises fell by Rs.21.70 to Rs.1840, Dixon Technology fell by Rs.32.45 to Rs.2862. 35, Aditya Birla Fashion fell by Rs.2.25 to Rs.220.80.

ABB jumps Rs 118 to Rs 3337: Funds in Siemens, Carborundum, CG Power, Larsen

Capital goods stocks were also picky today. ABB India rose by Rs.118.30 to Rs.3336.95, Suzlon rose by Rs.8.19, Siemens rose by Rs.61.60 to Rs.3329.50, Carborandum Universal rose by Rs.17.70 to Rs.1063.25, CG Power Rs.3.50 increased to Rs.305.90, Larsen & Toubro increased by Rs.17.90 to Rs.2247.80, Lakshmi Machine Works increased by Rs.47.90 to Rs.10,611.35. While LG Equipment decreased by Rs.8.30 to Rs.474.40, Teamcan decreased by Rs.38.15 to Rs.2920.95, Bharat Forge decreased by Rs.6.25 to Rs.784, Honeywell Automation decreased by Rs.199.05 to Rs. 35,756.95 remained.

Selective buying in oil stocks: Reliance rose by Rs.18 to Rs.2375: HPCL, Indraprastha rose

Selective funds were buying into oil-gas stocks, with international crude oil prices in a narrow range to soften. Reliance Industries rose by Rs 17.95 to Rs 2,375.10 on continued fund buying following good quarterly results. Hindustan Petroleum Corporation-HPCL increased by Rs.3.35 to Rs.246.95, Indraprastha Gas increased by Rs.8 to Rs.493.10, Adani Total Gas increased by Rs.44.25 to Rs.935.10.

Attraction in Automobile stocks: Ashok Leyland, Eicher, TVS Motor, Bosch, Maruti strong

Funds were drawn into select auto stocks amid reports of an overall positive response to vehicle sales by automobile companies. Ashok Leyland increased by Rs.3.90 to Rs.140.30, Eicher Motors increased by Rs.43.50 to Rs.3226.15, TVS Motor increased by Rs.9.30 to Rs.1110.60, Bosch increased by Rs.79.75 to Rs. 18,809.95, Maruti Suzuki increased by Rs.18.90 to Rs.8482, Bajaj Auto increased by Rs.7.10 to Rs.4342.80.

Small, mid-cap stocks picky attraction despite bullish caution: 1823 stocks close positive

Sensex, Nifty based today amid moderate strength in funds across small, mid-cap, cash stocks but also profit booking in many stocks despite continued attractiveness of the market breadth remained positive. Out of the total 3649 scrips traded in BSE, the number of gainers was 1823 and the number of decliners was 1719.

FPI/FII's net sale of Rs.407 crore in cash : DII's net purchase of Rs.564 crore

Foreign Portfolio Investors (FPIs), Foreign Institutional Investors (FIIs) sold net shares worth Rs.407.35 crore in cash segment today-Tuesday. A total of Rs.9651.56 crore was sold against a total purchase of Rs.9244.21 crore. While DII-domestic institutional investors made a net purchase of Rs.563.61 crore. A total of Rs.5983.86 crore was sold against a total purchase of Rs.6547.47 crore.

Comments

Post a Comment

Popular posts from this blog

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

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

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se
Read more