The Sensex fell 487 points to 50792
Indian stock markets crashed today at the end of extraordinary upheaval. Reducing Unemployment Rates in the U.S. and Approving the Stimulus Bill and U.S. The Sensex-Nifty-based Indian stock markets today rallied in finance-banking, automobile stocks hammering in contrast to the strength in global markets with the rally in US stock markets despite the rise in US bond yields ahead of the Federal Reserve's policy meeting next week. Today, of course, small, mid-cap stocks retain the appeal of fund selection. Along with this, oil-gas, consumer durables stocks were also selectively bullish. Profit booking was seen in metal-mining, FMCG, power-capital goods stocks. Intra-day, the Sensex fell 487.43 points to 50598.08 at the low of 50538.43 and the Nifty spot fell to 14953.60 and closed at 143.85 points at 15030.9. The US dollar had lost 13 paise to Rs 72.78 against the rupee today.
Sensex volatility fell by 741 points to 50538 intra-day and finally fell by 477 points to 50792
Trading started today on the back of global markets. The Sensex opened at 51660.57 against the previous close of 51279.51, initially attracting frontline stocks with gainers including Titan Company, ONGC, Infosys, Power Grid Corp rising to 51821.84 at one point. Reliance Industries, auto stocks Maruti Suzuki, Bajaj Auto, Mahindra & Mahindra are offloading in Kadaka and finance, banking stocks ICICI Bank, State Bank of India, IndusInd Bank, Kotak Mahindra Bank, Pharma stocks including Sun Pharma, Dr. Reddy's Laboratories and Ultratech Cement, Nestle India, Hindustan Unilever, and FMCG stocks were up.
Nifty spot lost intra-day 15000 levels, fell 221 points to 14953, and finally fell 144 points to 15030.
NSE's Nifty spot opened at 15,321.15 against the next close of 15774.80. Was. The rise came as off-loading in finance banking stocks with automobile stocks in SBI Life Insurance, HDFC Life Insurance, HDFC Limited, ICICI Bank, State Bank of India It fell 221.20 points to 14953.60 and closed at 15030.95, down 143.85 points.
March Nifty futures fall from 15209 to 14961 and end at 15036: Bank Nifty futures fall from 36007 to 35458
Nifty-based funds in derivatives today called for a big slump. The Nifty March Future opened at 15362.30 against 15209.30 and closed at 15375.5036.40. Bank Nifty March Futures opened at 36505.55 against 36007.75 and fell to 36554 at 35206.55 and ended at 35458.
The technically close trend in Nifty spot downward reversal: close above 15340 required for the new long position
Technically the Nifty is now showing a near trend downward reversal on a spot basis. A close above 15340 will be required for a new long position in the near trend in the Nifty spot.
Bankex down 518 points: ICICI Bank, State Bank, IndusInd Bank, Kotak Bank, Axis Bank down
The BSE Bankex Index fell by 518.72 points to close at 39995.58 on the back of wide selling of funds in finance-banking stocks today. ICICI Bank down Rs 12.90 to Rs 612.85, State Bank of India down Rs 6.30 to Rs 318.20, IndusInd Bank down Rs 16.35 to Rs 1023.10, Kotak Mahindra Bank down Rs 27 to Rs 1936.50, Axis Bank down Rs 10.15 .750.30 remained.
Prudential, HDFC Life, SBI Life, Max Fi., Geojit, IIFL declined.
Shares of finance, insurance, and securities companies were also selling broadly today. ICICI Prudential down Rs 221.90, Max Financial down Rs 38.20 to Rs 892.70, IIFL Securities down Rs 53.90, HDFC Life Insurance down Rs 80.90. , Indiabulls Housing fell by Rs.6.10 to Rs.223.95, AB Capital by Rs.2.90 to Rs.131.40, Geojit Financial by Rs.1.80 to Rs.58.05, Muthoot Finance by Rs.26.75 to Rs.1277.95 a.d. Were living.
Auto stocks in reverse gear: Maruti Rs 175, Bajaj Auto Rs 120, TVS Motor Rs 19, Hero Moto Rs 68 broken
Auto stocks were sold today amid speculation that vehicle sales would be hit as petrol, diesel prices continue to rise and worries over the country's transition to corona are forcing a lockdown in many parts. Bajaj Auto fell by Rs.119.90 to Rs.3747.50, TVS Motor by Rs.18.65 to Rs.584.60, Motherson Sumi by Rs.5.25 to Rs.213.75, Maruti Suzuki by Rs.179.70 to Rs.3099.85, Hero MotoCorp to Rs.30. Eicher Motors fell by Rs 32.75 to Rs 2638.95 and Bosch by Rs 104.30 to Rs 14893.45. Of course, MRF rose by Rs 275.75 to Rs 88968.70, Escorts by Rs 14.10 to Rs 1379.55.
Profit booking in FMCG stocks: Dawat, Vadilal, Britannia, Nestle India, Hindustan Unilever fall
The funds were also selling profitably in FMCG stocks today. Vadilal Industries fell by Rs 13.55 to Rs 908.25, Britannia fell by Rs 44.55 to Rs 3435.85, Nestle India fell by Rs 170.50 to Rs 16766.20, Hindustan Unilever fell by Rs 22.15 to Rs 2205.8. Rs 8.30 fell to Rs 269.10, Prabhat Dairy fell by Rs 3.15 to Rs 83.35, EID Perry fell by Rs 6.70 to Rs 354.80.
Crude oil declines: Oil stocks attract: BPCL rises Rs 12 to Rs 457: GSPL, IOC rise
Brent crude was down 22 cents at $ 69.41 a barrel and Nymex crude was down 25 cents at $ 65.77 in the evening trade. Oil-PSU stocks remained the attraction of choice. BPCL rose by Rs 11.75 to Rs 457.20, GSPL by Rs 6.70 to Rs 277.95, IOC by Rs 2.35 to Rs 101.25.
Profit booking in metal-mining stocks: Hindalco, Vedanta, Jindal Steel, Tata Steel fall: JSW Steel rises
Metal-mining stocks had profit booking today. Hindalco fell by Rs 9.70 to Rs 330.30, Vedanta by Rs 5.30 to Rs 221.20, Jindal Steel by Rs 3.10 to Rs 317.10, Hindustan Zinc by Rs 2.90 to Rs 302.20, Tata Steel by Rs 4.35 to Rs 7.19. While JSW Steel rose by Rs 5.15 to Rs 419.15, NMDC rose by Rs 1.60 to Rs 134.10.
1714 stocks close negative despite a selective rally in small, mid-cap stocks
In small, mid-cap stocks today, the choice of funds, players, high net worth investors were taken, but in many stocks, the market breadth turned negative rather than offloading the funds. Out of the total 3185 scrips traded on the BSE, the number of decliners was 1714 and the number of gainers was 1301. Of course, 325 stocks had a bearish lower circuit while 239 stocks had a bearish lower circuit.
Net sales of Rs 943 crore in FII cash, the net sale of Rs 164 crore in DII
FIIs - Foreign institutional investors, foreign portfolio investors - FPIs had a net sale of Rs 942.60 crore in cash today-Friday. A total of Rs 13023.16 crore was sold against a total purchase of Rs 122080.56 crore. DII-domestic institutional investors made a net purchase of Rs 163.87 crore in cash today. A total of Rs 4953.76 crore was sold against a total purchase of Rs 4789.89 crore.
Investors' asset-market capitalization fell by Rs 1.37 lakh crore to Rs 207.89 lakh crore
With widespread offloading in stocks today, the accumulated market capitalization of companies listed on the BSE fell by Rs 1.37 lakh crore to Rs 207.89 lakh crore in a single day.
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