Sensex & Nifty spot jumps and Continued attraction in auto stocks Sensex & Nifty spot jumps and Continued attraction in auto stocks - Top 9 Business news

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Friday, November 6, 2020

Sensex & Nifty spot jumps and Continued attraction in auto stocks

With India emerging from the Corona era, Prime Minister Narendra Modi is holding important virtual global meetings with the country's entrepreneurs to get the country's economy back on the path of rapid growth. Announcing an investment of Rs 9,555 crore, the funds today completed an all-round erosion in the stock market by 2020. On the global front, Donald Trump's lawsuit against Joy Biden, who is on the verge of victory in the US presidential election, has been taken to court in several states by Donald Trump. The Nifty jumped to the level of 12000 and the Sensex jumped to the level of 14000. Finally, the Sensex jumped 724.02 points to close at 41340.16 and the Nifty spot rose 211.80 points to close at 12120.30. International crude oil prices were moderately soft this evening, with Brent crude close at $ 41.04 and Nymex crude at $ 38.86.

Sensex jumps 724 points to 41,340:

Trading started today with a universal rally. State Bank of India, IndusInd Bank, Bajaj Finance, Bajaj Finserv, Kotak Mahindra Bank, Axis Bank along with Metal-Mining shares in Tata Steel Even before the announcement of Rs 9555 crore investment in Reliance Retail, the rise in funds and FMCG stocks including Maruti Suzuki, Larsen & Toubro, Hindustan Unilever, ITC, Nestle India as well as IT stocks including TCS, Tech Mahindra, HCL Finally jumped 724.02 points to close at 41340.16.

Nifty spot jumps to 12000 again: 

going up to 12131 and finally rising 211 points to 12120 State Bank of India, IndusInd Bank, Bajaj Finance, Bajaj Finserv, Kotak Mahindra Bank in IT stocks with HCL Technology, TCS, Tech Mahindra, TCS, Tech Mahindra, Aggressive takers including Hindalco, Coal India, JSW Steel and Reliance Industries for the second day in a row and BPCL, Gail India, as well as ITC, Hindustan Unilever, Nestle India, Titan, UPL reached 12180. Was.

Nifty futures jump from 11,922 to 12,151: 

Nifty spot 11530 closing stop loss technically close focus Nifty-based funds were aggressive bullish today in derivatives. The Nifty November futures opened at 12,089.65 against 11,922.85, fell to 12,031.35 and reached 12,155.90, ending at 12,152. Bank Nifty November futures opened at 26,177.15 against 25,795, fell to 26,001 and reached 26,363.15, ending at 26,306.80. The Nifty spot is showing a technically close trend up. The closing stop loss of Nifty spot 11530 is being closely watched.

State Bank jumps Rs 12 to Rs 218: 

Bankex rises another 632 points: IndusInd, Bandhan Bank, Kotak Bank, Axis riseThe BSE Bankex Index jumped 631.89 points to close at 30,186.81 for the third day in a row in banking-finance stocks. State Bank of India's second-quarter results, released yesterday, saw its net profit rise by 52 percent, and lending also rose, taking the stock to Rs 218.70, the biggest gainer since the start. IndusInd Bank jumped by Rs 36.10 to Rs 714.20, Bandhan Bank by Rs 8.65 to Rs 321.15, Kotak Mahindra Bank by Rs 45.05 to Rs 1675.05, Axis Bank by Rs 14.40 to Rs 539.45, Federal Bank by Rs 1.40 to Rs 54.10. , HDFC Bank rose by Rs 12.05 to Rs 1269.55.

Care rating jumps Rs 39 to Rs 404:

 Muthoot Finance, Paisa Lo, Edelweiss, Bajaj Finance, Bajaj Finserv, Equitas rise Even in finance stocks, there was a steady rise in funds today. Care Ratings jumped Rs 39.35 to Rs 404.55, Muthoot Finance rose Rs 63.55 to Rs 1220.75, Paisa Lo rose Rs 20.05 to Rs 396.45, Edelweiss rose Rs 2.65 to Rs 55.65, Bajaj Finance rose Rs 176.10 2.05 to Rs. 43.50, Chaula Fin to Rs. 306.60, Bajaj Finserv to Rs. 237.45, Rs. 6055.80, LIC Housing Finance to Rs. MCX was up to Rs 54.80 at Rs 1689.35 and AB Capital was up to Rs 2.05 at Rs 69.40.

Storm in metal-mining stocks on the back of rapid industrial growth: 

Sail, Tata Steel, Hindalco, NMDC, coal rise Amid estimates that industrial growth is picking up again in the country, funds today launched an aggressive broad rally in metal-mining stocks. Sail jumped by Rs 2.50 to Rs 38.25, Nalco by Rs 2.15 to Rs 32.50, Hindalco by Rs 10.85 to Rs 187.35, NMDC by Rs 5.10 to Rs 90.45, Tata Steel by Rs 21.55 to Rs 425.45, Coal India JSW Steel rose by Rs 5.20 to Rs 119.95, JSW Steel by Rs 9.85 to Rs 327.60, Vedanta by Rs 2.35 to Rs 94.25 and Jindal Steel by Rs 4.10 to Rs 211.60.

Saudi PIF fund invests Rs 9555 crore in Reliance Retail, Reliance jumps Rs 42 to Rs 1955

Shares of Reliance Industries jumped by Rs 41.65 to Rs 1955.10 for the second day in a row after Saudi Arabia's largest fund PIF invested Rs 9,555 crore, or 1. 1.33 billion, in Reliance Retail.

Attraction in oil-gas stocks: HPCL jumps Rs 19 to Rs 205

BPCL, Gail, Indraprastha Gas, IOC riseBrent crude was at $ 41.04 and Nymex crude was at $ 38.86 today, following a modest softening after the recent rise in international crude oil prices. But with the growing industrial activity in the country, the increase in demand for petrol and diesel has been offset by the fund's oil-gas stocks. HPCL rose by Rs 18.50 to Rs 205.25, BPCL by Rs 17.55 to Rs 366.40, Gail India by Rs 4.10 to Rs 87.45, Indraprastha Gas by Rs 14.50 to Rs 31.50, IOC by Rs 1.85 to Rs 4.0. , ONGC rose by Rs 1.10 to Rs 4.5.

HCL, Larsen Infotech, Tech Mahindra rise in IT stocks

Funds in IT-software services stocks continued to rise as Democrat Joy Biden's victory was determined by defeating Trump in the United States. Larsen Infotech rose by Rs 141.30 to Rs 3178.30, HCL Technology by Rs 28.20 to Rs 843.35, Tech Mahindra by Rs 14.55 to Rs 840.90, MindTree by Rs 22.60 to Rs 1358.05, TCS by Rs 34 to Rs 25788. .9.90 to Rs. 1103.90, forge increased by Rs. 17.90 to Rs. The US dollar had lost 0.34 paise to Rs 74.39 against the rupee today.

Continued attraction in auto stocks:

Cummins up Rs 14 to Rs 454: Maruti Suzuki, Bosch, Tata Motors, Motherson Sumi rise Automobile stocks also saw a steady selection of funds. Shares of Cummins India rose by Rs 14 to Rs 454.15, Balakrishna Industries by Rs 38.05 to Rs 1411.90, Maruti Suzuki by Rs 141.15 to Rs 7093.35, Bosch by Rs 209.75 to Rs 12007.65. 137.65, Eicher Motors rose by Rs 21.50 to Rs 219.35.

FMCG stocks rise again: Advance Enzyme, SHK, ITC, Tata Consumer, EID, Pollen rise

Even in FMCG stocks, there was renewed buying of funds today. SHK rose by Rs 6.20 to Rs 89.60, Advance Enzyme rose by Rs 15.80 to Rs 300.30, Global Spirit rose by Rs 11.65 to Rs 305.95, EID Perry rose by Rs 9.50 to Rs 284.45, ITC rose by Rs 5.10 to Rs 174.80, Tata Hindustan Unilever rose by Rs 13.65 to Rs 506.35, Hindustan Unilever by Rs 39.55 to Rs 2103.10, VST Industries by Rs 49.70 to Rs 3460.85, Nestle India by Rs 223 to Rs 17218.60.

In healthcare stocks, RPG rose by Rs 21, Novartis by Rs 35, Hester Bio by Rs 69, Glenmark by Rs 11, and Narayan Hudalya by Rs 10.

Funds were also widely traded in pharma stocks today. RPG Life increased by Rs 21.45 to Rs 368.55, Novartis by Rs 34.95 to Rs 655, Hester Bio by Rs 68.70 to Rs 1814.65, Sequent by Rs 4.90 to Rs 148.35, Shilpa Madi by Rs 13.75 to Rs 439.15, Narayan Hyuda Rs 10 rose to Rs 346.45, Aarti Drugs rose by Rs 19.05 to Rs 664.05, Glenmark rose by Rs 11.45 to Rs 509.10.

Small, Mid Cap, Cash Stocks Rise Storm: 1737 Shares Positively Closed But Only Seller Circuit in 217 Shares

Marketbread remained positive on the back of widespread buying by small, mid-cap, cash-strapped funds, high net-worth investors. Out of the total 2828 scrips traded on the BSE, the number of decliners was 912 and the number of gainers was 1737. The only seller in 217 stocks had a bearish lower circuit against the bullish upper circuit of 208 stocks.

Massive purchase of Rs 5368 crore in FPIs / FII cash: Net sales of Rs 2208 crore in DII cash

FIIs-Foreign Institutional Investors-Foreign Portfolio Investors-FPIs made a huge net purchase of Rs 5368.31 crore in cash today-Thursday. Of this, a total of Rs 5494.37 crore was sold against a total purchase of Rs 9962.67 crore. DII-domestic institutional investors had a net sale of Rs 2,208.18 crore in cash today. A total of Rs 5796.89 crore was sold against a total purchase of Rs 3588.71 crore.

Investors' asset-market capitalization rises by Rs 2.78 lakh crore to Rs 162.27 lakh crore

Investors' asset-accumulated market capitalization rose by Rs 2.78 lakh crore to Rs 162.27 lakh crore in a total of scrips traded on the BSE today on the back of a massive rally in stocks.

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