Profitable selling in Reliance, Healthcare, Capital Goods stocks: Sensex falls 181 points to 65252

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- Nasdaq's rally on the back of IT stocks after an initial surge in attractiveness...

- Spot Nifty down 57 points to 19387 : Selective rally in IT, banking stocks : FPIs/FIIs cashed Rs.1525 crores, DIIs bought Rs.5797 crores net

MUMBAI: Despite reports of China's escalating debt problem of nine trillion dollars and a crackdown on trade agreements on the global front and an eye on America's Federal Reserve Chairman Jerome Powell's speech at the Jackson Hall tomorrow, Indian stock markets were trading in index-based gains today, in contrast to the strength in global markets. The index based market remained in the negative zone as profit booking by funds in IT-software services, technology stocks, automobiles, consumer durables, capital goods stocks and especially Reliance Industries countered attractiveness in Indian stock markets as a result of technology giant Nvidia's one per cent rise in the US stock market Nasdaq. Sensex closed down 180.96 points to 65252.34 and spot Nifty closed down 57.30 points to 19386.70.

Coforge rises Rs 479 to Rs 5,390 on Nasdaq strength: Subex, Emphases, Tata Alexi rise

Funds in IT-software services, technology stocks were lagging behind gains in the US stock market Nasdaq today. IT stocks were on the back of better-than-expected performance by technology giant Nvidia. Coforge rose by Rs.479.30 to Rs.5390.90, Subex rose by Rs.2.68 to Rs.35.44, Emphases rose by Rs.108.10 to Rs.2462.45, Cient rose by Rs.41.80 to Rs.1587. 40, Tata Alexi increased by Rs.168.05 to Rs.7278.55, Latent View increased by Rs.9.85 to Rs.436.40, Persistent System increased by Rs.107.80 to Rs.5114.20, Mastec increased by Rs.44.65 It increased by Rs.2195.05, Birlasoft increased by Rs.9.50 to Rs.474.90, Infosys increased by Rs.16.80 to Rs.1424.50. The BSE IT index rose 196.43 points to close at 31428.22.

Healthcare stocks fall: Rainbow, NGL, P&G, Max Health: Coperan, Bliss GVS rise

A number of stocks traded profitably against funds' preferred buying in healthcare-pharmaceuticals companies today. Rainbow Child fell by Rs.55.45 to Rs.1072, NGL Fine by Rs.105.55 to Rs.2286.80, Procter & Gamble by Rs.228.80 to Rs.5105, Ami Organics by Rs.55.25 to Rs.1315. .40, Max Healthcare fell by Rs.17.65 to Rs.563.25, Glenmark Life fell by Rs.16.80 to Rs.623. While Copan increased by Rs.37.20 to Rs.227.60, Bliss GVS increased by Rs.3.48 to Rs.96.30, Stride Pharma increased by Rs.11.75 to Rs.439.15, Narayan Hudalya increased by Rs.20.20 It was Rs.1018.40.

In capital goods stocks, Suzlon, Polycab, Hind Aeronautics fall: GMR, Siemens rise

Capital goods-power stocks witnessed overall profit booking today. Suzlon NG fell by 44 paise to Rs.21.49, Polycab by Rs.102.10 to Rs.5030.30, BHEL by Rs.1.95 to Rs.107.60, Hindustan Aeronautics by Rs.64.35 to Rs.3965.65 , CG Power decreased by Rs.5.05 to Rs.412.05, Teamcan decreased by Rs.27.45 to Rs.3206.45. While GMR Airports rose by Rs.5.51 to Rs.64.83, Siemens rose by Rs.76.10 to Rs.3793.65, Honeywell Automation rose by Rs.503.75 to Rs.40,710, ABB India rose by Rs.34.10. was Rs.4335.95.

Profit booking in auto stocks: Uno Minda, Cummins, Ashok Leyland, Eicher Motors, Bajaj Auto declined

Funds sold profitably in auto stocks as the monsoon progress slowed in the country, again raising concerns over the agriculture sector. Uno Minda fell by Rs.11 to Rs.608, Cummins India fell by Rs.22.55 to Rs.1715, Ashok Leyland fell by Rs.1.85 to Rs.185.85, Eicher Motors fell by Rs.26.65 to Rs.3329.35, Bajaj Auto fell by Rs.33.95 to Rs.4624.30, Tata Motors by Rs.2.75 to Rs.610.85, MRF by Rs.371.30 to Rs.1,08,412, Maruti Suzuki by Rs.29.75 It was reduced to Rs.9568.

Bullish trade eases in consumer durables stocks: Bajaj Electric, Blue Star, Dixon Technology decline

Funds in stocks of consumer durables companies eased bullish trade today. Bajaj Electric fell by Rs.13.25 to Rs.1121.90, Blue Star fell by Rs.8.15 to Rs.730, Dixon Technology fell by Rs.51.30 to Rs.4945.60, Voltas fell by Rs.4.50 to Rs.832. .45 remained. While Whirlpool of India increased by Rs.25.45 to Rs.1650, VIP increased by Rs.3.50 to Rs.696.90.

Selective strength in banking-finance stocks: AU Small Bank, IndusInd Bank, Religare, Max Fi. increased

Funds were in selective buying today in banking-finance stocks. AU Small Bank increased by Rs.13.45 to Rs.743.35, IndusInd Bank increased by Rs.24.05 to Rs.1424.70, Axis Bank increased by Rs.2.85 to Rs.981.95. Along with this, Religare Enterprises increased by Rs.16.25 to Rs.240.95, Max Financial increased by Rs.24.60 to Rs.906.25, Care Ratings increased by Rs.17.30 to Rs.821.30, Fusion Micro by Rs.17. 45 to Rs.617.95, Mahindra & Mahindra Financial rose by Rs.6 to Rs.304.10.

Bajaj Hindustan rises 14%: Shree Renuka Sugar, Dhampur Sugar, Dalmia, Oudh Sugar attract

FMCG stocks were picky today. Bajaj Hindustan rose by Rs.3.12 to Rs.25.04, Gujarat Ambuja Exports rose by Rs.13.55 to Rs.258.60, Bakers Food rose by Rs.45.70 to Rs.1080, Shree Renuka Sugar rose by Rs.1.94 Rs.46.80, Dhampur sugar increased by Rs.6.75 to Rs.262.50, Bombay Burma increased by Rs.23.35 to Rs.1021, Dalmia sugar increased by Rs.8.20 to Rs.366.05, Oudh sugar increased by Rs. 11.35 increased to Rs.536.60.

Among Reliance shareholders, Jio Fi's share continued to decline: Rs.45 fell to Rs.2478.

Shares of Reliance Industries traded heavily today on disappointment, with Jio Financial Services gaining shares among Reliance Industries shareholders, but the stock tumbled 20 percent in the lower circuit for the fourth straight day. The news of Qatar Investments investing Rs.8278 crore in Reliance Retail Ventures and buying a one percent holding did not see much impact. The share fell by Rs.44.50 to close at Rs.2478.65.

FPIs/FIIs' net purchase of Rs.1525 crore in cash : DIIs' net purchase of Rs.5797 crore in stocks

Foreign Portfolio Investors - FPIs, FIIs had a net purchase of shares worth Rs.1524.87 crore in cash today-Thursday. A total of Rs.11,467.87 crore was sold against a total purchase of Rs.12,992.74 crore. While DII-domestic institutional investors had a net purchase of Rs.5796.61 crore shares. A total of Rs.7254.22 crore was sold against a total purchase of Rs.13,050.83 crore.

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