Sensex jumped 1241 points to 71942 led by Reliance


MUMBAI: Finance Minister Nirmala Sitharaman's vote on account on Thursday, February 1, ahead of the presentation of the central budget, foreign funds stalled today, Reliance Industries recorded a stormy rally in the last three years, Larsen & Toubro, Tata Motors led local funds in the stocks, local institutional investors saw a universal boom. caused a storm. On the one hand, the local funds, institutional investors, on the expectation that no special new tax burden will be imposed in the central budget and that many reliefs and incentives will be given to the industries as well as to the public before the Lok Sabha elections, were aggressively bullish in the stocks.

Sensex intra-day touched the level of 72000 again

With all-round gains in capital goods, oil-gas, consumer durables, metal-mining, automobile, banking-financial services stocks, the Sensex intra-day re-took the 72000 level and touched 72010.22 and finally rose 1240.90 points to close at 71941.57. . While the Nifty 50 spot index again reached the level of 21750 and went up to 21763.25 and finally closed at 21737.60 with a leap of 385 points.

Reliance rose by Rs.186 to Rs.2896

Funds had an all-round bullish run in Reliance Industries today. In the record rise of the last three years, the stock today created a new history of Rs.2905 and finally rose by Rs.189.95 or 7.02 percent to close at Rs.2896.10. Along with this, the market capitalization of the company increased by Rs.1,25,714 crore to Rs.19,59,566 crore in one day. After financial services in Reliance, now the funds bought the stock amid the demerger of the retail business and the big development in the renewable energy sector.

Oil-gas index jumps

Funds traded in oil-gas stocks today as international crude oil prices rallied from lows to hit a two-month high of $83, with Brent crude hitting $83 and expectations of economic-industrial growth picking up. ONGC rose by Rs 18.85 to Rs 252.85, Hindustan Petroleum Corporation-HPCL rose by Rs 22.05 to Rs 452.30, BPCL rose by Rs 19.05 to Rs 492.60, GAIL's quarterly net profit rose by 703 percent. Shares increased by Rs.6.20 to Rs.171.70 after being Rs.3193.3 crore, Adani Total Gas increased by Rs.32.30 to Rs.1035.65. The BSE Oil-Gas Index rose 1219.83 points to close at 25888.16.

Larsen rose by Rs.103

In the capital goods stocks today, the BSE Capital Goods Index rose by 1212.59 points to close at 58116.38 as the funds rallied again. AIA Engineering rose by Rs.182.60 to Rs.4079.30, Bharat Forge rose by Rs.43.10 to Rs.1243.20, LG Equipment rose by Rs.20.55 to Rs.600.50, Larsen & Toubro rose by Rs.103.30. rose to Rs.3695, Siemens rose by Rs.91.40 to Rs.4297.90, Hindustan Aeronautics rose by Rs.53.40 to Rs.2957.05, Grindwell Noten rose by Rs.37.75 to Rs.2416.80.

Bankex jumped 723 points

Funds also rallied broadly in banking-financial services stocks today. IDFC First Bank increased by Rs.2.96 to Rs.83.08, Kotak Mahindra Bank by Rs.49.75 to Rs.1817.05, Federal Bank by Rs.3.65 to Rs.145.45, Bank of Baroda by Rs.5 .30 increased to Rs.232.45, State Bank of India increased by Rs.10 to Rs.622.90, HDFC Bank increased by Rs.19.45 to Rs.1454.75. The BSE Bankex index rose 723.07 points to close at 51467.89.

Small, mid-cap stocks bullish

In small, mid cap, cash stocks today, the market breadth remained positive with widespread buying by funds, players. Out of the total 4064 scrips traded in BSE, the number of gainers was 2252 and the number of decliners was 1671.

FPI/FII purchase of Rs.110 crore

Foreign Portfolio Investors - FPIs, FIIs stopped selling and there was a net sale of Rs.110.01 crore shares today-Monday. A total of Rs.18,920.41 crore was sold against a total purchase of Rs.19,030.42 crore. While DII-domestic institutional investors had a net purchase of Rs.3221.34 crore shares today. A total of Rs.11,371.10 crore was sold against a total purchase of Rs.14,592.44 crore.

Investors' wealth increased in stocks

Sensex, Nifty based Reliance, Larsen, Tata Motors led by stormy rally A group, small, mid cap stocks and many other stocks rallied today, adding to investors' wealth i.e. aggregate market capitalization of BSE listed companies today at Rs 6.08 lakh crore in a single day. It had increased to Rs.377.20 lakh crore.

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