Sensex tumbles 802 points to 71140 on profit booking in stocks including Bajaj Twins, RIL

MUMBAI: After the budget week started yesterday with a stormy rally in stocks on the back of Reliance Industries, today again foreign funds booked profit in the corporate results season on the back of the results of Bajaj twins Bajaj Finance and Bajaj Finserv, with Reliance Industries, ITC, Titan including profit booking index based. . The US on the Global Front Funds today eased their bullish overbought positions on caution, discounting the expectation that the Union Budget to be presented by Finance Minister Nirmala Sitharaman on Thursday, February 1, will remain stimulative, with caution that there is no immediate sign of an interest rate cut ahead of the start of the Federal Reserve meeting and the possibility of a delay. was Funds, high net worth investors booked profits despite some expert forecasts of the vote-on account central budget being an overall non-event. Global markets saw a modest improvement in Europe today against overall weakness in Asian markets.

Nifty limited declines on gains in Tata Motors, Grasim, Adani Enterprises, BPCL, Eicher

Initial gains in local funds, institutional investors including Tata Motors, Hindustan Unilever, State Bank of India, Tech Mahindra, TCS, etc., after limited declines, led to heavy selling in funds Reliance, ITC, Titan after Larsen and offloading in Bajaj Finserv, Bajaj Finance. was The Sensex fell by 801.67 points to close at 71139.90 and the Nifty 50 dropped by 215.50 points to close at 21522.10. Nifty-based funds, including Tata Motors, BPCL, Grasim, Eicher Motors, Adani Enterprises, Hindalco, limited the fall in Nifty.

Reliance Industries Profit Booking Falls Rs 81 to Rs 2815: BPCL Rises on Good Results

In oil-gas stocks today, oil marketing funds were buying in PSU stocks on good quarterly results of companies. BPCL's quarterly net profit increased by 82 percent, the shares gained Rs.11.50 to Rs.504.10, HPCL rose by Rs.19.40 to Rs.471.70, IOC rose by Rs.1 to Rs.147.75, Petronet LNG rose by Rs.4. .75 increased to Rs.267.60, Indraprastha Gas increased by Rs.6.70 to Rs.425.30. While Reliance Industries fell by Rs.81.30 to Rs.2814.85, Linde India fell by Rs.117.10 to Rs.5601, ONGC fell by Rs.3.65 to Rs.249.20 due to profit booking after yesterday's record high.

Bajaj Finance Rs.372, Bajaj Finserv Rs.46 lost: Tourism Finance, AGS lost

Among financial services stocks today, funds in Bajaj twins stocks sold off despite overall good quarterly results. Bajaj Finance fell by Rs.371.90 to Rs.6815.60, Bajaj Finserv fell by Rs.46.05 to Rs.1590.95. While Tourism Finance fell by Rs.12.95 to Rs.184.30, AGS Transact fell by Rs.6.14 to Rs.117.25, Capri Global fell by Rs.47.25 to Rs.948.90, PNB Housing fell by Rs.30.05. fell to Rs.763, Hudko fell by Rs.3.70 to Rs.164.30.

ITC down Rs.12 to Rs.438: Dodla Dairy, Heritage Foods down: Gillette, Hindustan Liver up

In FMCG stocks today, funds fell by Rs 12 to Rs 438 as funds booked big profits in ITC Ltd. Along with this, Dodla Dairy decreased by Rs.26.65 to Rs.960.65, Heritage Foods decreased by Rs.15.40 to Rs.322.70. While Gillette India increased by Rs.232.90 to Rs.6714.35, VST increased by Rs.71.25 to Rs.3559.95, Uttam Sugar increased by Rs.7 to Rs.356, Hindustan Unilever after initial heavy buying ended at Rs.14 in profit booking. .55 to Rs.2458.95, Sukhjit Starch rose by Rs.26.70 to Rs.539.80.

Tata Motors rises by Rs.18 to Rs.859 to new high: Bosch, Eicher Motors rise: Tube breaks by Rs.118

In the stocks of automobile companies today, the fund's purchase in Tata Motors made a new high of Rs.885.95 and finally rose by Rs.18.40 to Rs.859.25, Bosch rose by Rs.608.25 to Rs.23,841.20, Eicher Motors by Rs.33. .25 increased to Rs.3706.05. While Tube Investments fell by Rs.118.35 to Rs.3951.15, MRF fell by Rs.3229.65 to Rs.1,40,720, Balkrishna Industries fell by Rs.54.85 to Rs.2451.90.

Quick Hill, Moschip, KPIT rise in IT stocks: Oracle falls by Rs.212, Persistent by Rs.268

IT stocks saw a mixed trend today. Oracle Finserv fell by Rs.212.85 to Rs.6420, Persistent by Rs.268.30 to Rs.8371, Mastech by Rs.59.90 to Rs.2731, Ramco Systems by Rs.5.50 to Rs.322.20, LTI Mindtree Rs.85.55 decreased to Rs.5361.90, 63 Moons decreased by Rs.5.90 to Rs.420.95. While Quick Hill Technology rose by Rs.31.65 to Rs.496.30, Moschip Tech rose by Rs.5.34 to Rs.104.43, KPIT Technology rose by Rs.45.75 to Rs.1456.05, Sasken rose by Rs.37.50 Increased to Rs.1456.70, Signity increased by Rs.25.45 to Rs.1013.35.

Funds sell off in mid-cap stocks against strength in small-cap stocks: 1,929 stocks close negative

Sensex, Nifty-based bounced again today with sell-off in many stocks, but market breadth remained negative as selling in mid-cap stocks remained strong against selective buying in small-cap stocks. Out of the total 3907 scrips traded in BSE, the number of gainers was 1885 and the number of decliners was 1929.

FPI/FII's net sale of shares Rs.1970 crore : DII's net purchase of Rs.1003 crore

Foreign portfolio investors-FPIs, FIIs had a net sale of Rs.1970.52 crore in cash today-Tuesday. A total of Rs.16,246.22 crore was sold against a total purchase of Rs.14,275.70 crore. While DII-domestic institutional investors had a net purchase of Rs.1002.70 crore shares today. A total of Rs.11,664.18 crore was sold against a total purchase of Rs.12,666.88 crore.

The asset-market capitalization of investors in stocks fell by Rs.2 lakh crore to Rs.375.20 lakh crore.

Investor wealth i.e. aggregate market capitalization of BSE-listed companies fell by Rs 2 lakh crore to Rs 375.20 lakh crore in a single day today as cautious bullish trading in Sensex, Nifty based stocks and many other stocks eased.