Sensex made a new history of 63601 and finally fell by 284 points to 63239.

-


Mumbai: US Federal Reserve Chairman Jerome Powell in the US. Testimony before the Congress that the fight against inflation will continue for a long time and as a result a massive washout in global markets as well as forecasts of a weakening monsoon due to El Nino, Indian stock markets saw a sharp retreat after the Sensex hit a fresh record. In banking-finance stocks, HDFC Twins and ICICI Bank rose, on the back of gains in Larsen, Tata Steel, Bharti Airtel, Mahindra, ITC, and others. Infosys, including Nestlé India, traded as low as 63200.63 and finally closed down 284.26 points at 63238.89. Spot Nifty remained one point short of its all-time high of 18887.60, went up to 18886.60 and finally fell 85.60 points to close at 18771.25.

Offloading in IT stocks: ASM falls by Rs.32, Cybertech by Rs.8: IT index falls by 268

In IT-software services, technology stocks, funds were selling behind global markets today. Funds sold off on expectations of a slowdown in global economic growth and weak economic data, including from China, in IT deals. ASM Tech fell by Rs.32 to Rs.527.85, Cybertech fell by Rs.7.90 to Rs.145.80, Orionpro fell by Rs.54.05 to Rs.1027.50, Tanla Platforms fell by Rs.34.85 to Rs.1017. 20, Intellect Design decreased by Rs.20.05 to Rs.1184.40, Coforge decreased by Rs.79.25 to Rs.4525.40, Mastec decreased by Rs.34.05 to Rs.1954.10, Tata Alexey decreased by Rs.124.10 It was Rs.7669.35. The BSE IT index fell by 268.64 points to close at 29142.19.

Healthcare stocks retreat: Coparn falls by Rs.12 to Rs.177: Vijaya Diagno., RPG Life decline

Shares of healthcare-pharmaceuticals companies turned profitable today after the funds rallied in recent days. Coproan fell by Rs.12.15 to Rs.177.25, Vijaya Diagnostic fell by Rs.20.30 to Rs.452.35, RPG Life fell by Rs.39.30 to Rs.899, Sun Pharma Advance fell by Rs.7.60 to Rs. 196.80, Newland Lab fell by Rs.98.80 to Rs.2770.95, Narayan Hudalya fell by Rs.35.15 to Rs.1015.20, Lupine fell by Rs.23.20 to Rs.851.90, Biocon fell by Rs.6 It was Rs.239.15.

Small, mid-cap stocks turn upside down: Several stocks started to erode: 2294 stocks closed negative

Along with the break in the index-based boom, today the rampant boom in small, mid-cap, cash stocks also reversed, and the market breadth worsened due to offloading in many stocks. It was discussed that funds, sportsmen, high net worth investors have started selling on a large scale. Out of 3655 scrip-shares traded in BSE today, the number of gainers was 1233 and the number of decliners was 2294.

FPI/FII's net sale of Rs.693 crore in cash, DII's net purchase of Rs.219 crore

Foreign Portfolio Investors - FPIs, FIIs sold shares worth Rs.693.28 crore in cash today-Thursday. A total of Rs.9640.94 crore was sold against a total purchase of Rs.8947.66 crore. While DII-domestic institutional investors had a net purchase of shares worth Rs.219.42 crore in cash today. A total of Rs.6928.41 crore was sold against a total purchase of Rs.7147.83 crore.

Investors' wealth in stocks-market cap. Rs.2.11 lakh crore decreased to Rs.292.25 lakh crore

In the stocks today after the index based new record retreated along with massive selling in the small, mid cap, cash stocks, the investor wealth i.e. the aggregate market capitalization of the companies listed in BSE fell by Rs 2.11 lakh crore to Rs 292.25 lakh crore in a single day today. .


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