Mumbai: Despite a recovery in China after the stimulus package in the past few days, Indian stock markets also rose again today amid more jitters as Chinese markets sought a bigger stimulus-relief package to spur economic recovery. . One possibility is that China may announce a package at any time and on the other hand there is a possibility that Israel may respond forcefully to Iran's missile attack on it at any time, experts and funds intend to sharply reduce trade. Have to do. Increase in shares. With automobile giant Hyundai Motor India entering the capital market on October 15 with the biggest IPO of Rs 27,856 crore in the history of India's capital market, investors, funds booked profits in the secondary market.
Sensex dropped 852 points from peak: Nifty dropped 253 points from peak.
Funds rose with an early pullback in banking stocks, despite the Reserve Bank of India's monetary policy review keeping repo rates unchanged on indications of further interest rate cuts. Sensex opened at 82319.21 points with a gain of 684.40 points. Bullish funds sold Reliance Industries, FMCG stocks Hindustan Unilever, Nestle India as well as Larsen & Toubro, IndusInd Bank, HDFC Bank and finally closed 167.71 points lower at 81467.10. Whereas Nifty 50 spot rose 220.90 points to 25234.05 in the initial rise and finally fell 31.20 points to close at 24981.95.
Crude oil prices fall: Reliance falls by Rs 46 to Rs 2750: ONGC falls: Oil India gains
International crude oil prices rose yesterday, Brent crude reached $ 76.79 and New York-New York crude reached $ 73.12, ONGC shares fell by Rs 5.15 today to Rs 288.45, Reliance Industries' October 14 quarterly results, total Overall offloading again fell by Rs 45.95 to Rs 2750.10. Weak expectations. GAIL India fell Rs 2.25 to Rs 222.55, Petronet LNG fell Rs 2.75 to Rs 351.50. While Oil India's price rose by Rs 7.90 to Rs 573.45, HPCL's price rose by Rs 5.15 to Rs 396.
State Bank rises to Rs 797: ICICI Bank, Axis attracted: IndusInd, HDFC fall
There was early buying in banking stocks today as the Reserve Bank of India kept the repo rate unchanged in the monetary policy review and hinted at an interest rate cut in the upcoming meeting. The price of State Bank of India increased by Rs 14.95 to Rs 797, the price of Axis Bank increased by Rs 17.25 to Rs 1169.50. While IndusInd Bank fell by Rs 18.25 to Rs 1341.30, HDFC Bank fell by Rs 17.60 to Rs 1633.70.
Among FMCG stocks, ITC fell by Rs 16 to Rs 491: Nestle India fell by Rs 65, Hind Unilever by Rs 47.
Funds booked huge profits in shares of FMCG companies today. Dalmia Sugar fell by Rs 19.05 to Rs 551.30, Globus Spirits fell by Rs 39.15 to Rs 1140, ITC fell by Rs 16.10 to Rs 491.80, Nestle India fell by Rs 64.80 to Rs 2516.70. Shree Renuka Sugar fell by Rs 1.12 to Rs 48.17, Tilaknagar fell by Rs 6.10 to Rs 297.55, Hindustan Unilever fell by Rs 47.40 to Rs 2769.10, Britannia fell by Rs 30 to Rs 6119.90. While ADF Foods rose by Rs 41 to Rs 318.30, Sukhjit Starch rose by Rs 28.40 to Rs 560, Gujarat Ambuja Exports rose by Rs 12 to Rs 142.45.
Divi's Lab rises Rs 426 to Rs 5972 on Citi's buy recommendation: Hester, IPCA, FDC rise
Shares of health care-pharmaceuticals companies rose today as funds made heavy purchases. Broking giant Citi gave buy advice to Divi's Lab with a target of Rs 6,400, the stock rose Rs 425.90 to Rs 5,972.90, Marksons Pharma rose Rs 16.95 to Rs 298.85, Windlass Biotech rose Rs 45.55 to Rs 906.90. Hester Bio rose by Rs 115.40 to Rs 2376.35, IPCA Labs rose by Rs 74.25 to Rs 1611.15, Strides Pharma rose by Rs 65.75 to Rs 1509.35, FDC rose by Rs 19.60 to Rs 534.70, Glaxo Pharma rose by Rs 102.55 to Rs 2811.75. BSE Healthcare index closed 738.50 points higher at 44692.02.
Hyundai India Mega IPO attraction among auto stocks: Tata Motors, Tube, Maruti, Cummins rise
Shares of automobile companies are gaining momentum today on the attraction of Hyundai India's Rs 27,856 crore IPO opening on October 15. Tube Investments rose by Rs 118.45 to Rs 4171.35, Tata Motors rose by Rs 19.30 to Rs 939.15, Cummins India rose by Rs 71.55 to Rs 3777.75, Maruti Suzuki rose by Rs 225.10 to Rs 12,760.95. MRF increased by Rs 39.40 to Rs 2781.20 It increased by Rs 764.80 to Rs 1,32,852. BSE Auto Index closed 495.54 points higher at 59791.76.
Phoenix Mills rises from Rs 72 to Rs 1728: Interest in Oberoi Realty, Macrotech Developers, DLF
The fund also had a large selection of realty company stocks today. Price of Phoenix Mills increased by Rs 72.15 to Rs 1728.80, price of Oberoi Realty increased by Rs 74.70 to Rs 1836.05, price of Macrotech Developers increased by Rs 41.60 to Rs 1209.10, price of Prestige Estate increased by Rs 39.65 to Rs 1857.75. Rs is done . Godrej Properties rose by Rs 12.80 to Rs 852.30, Godrej Properties rose by Rs 32.15 to Rs 2984.55. BSE Realty Index closed 177.86 points higher at 8221.64.
Market breadth remained positive as funds, players continued buying in small, mid caps: 2705 shares closed positive
Market sentiment remained positive as Sensex, Nifty rose again today, although despite softness at the end, small, mid-cap stocks retained selective appeal as many stocks remained bullish. Of the total 4050 shares traded on BSE, the number of gainers was 2705 and the number of decliners was 1248.
Net purchase of shares by DII was Rs. 3509 crore: Rs. 3509 crore by FPI/FII. Sale of shares worth Rs 4563 crore
Foreign portfolio investors – FPIs, FIIs made a net sale of shares worth Rs 4562.71 crore in cash today. There were sales of Rs 16,288.97 crore against total purchases of Rs 11,726.26 crore. Whereas DII-Domestic Institutional Investors made net purchases of Rs 3508.61 crore in cash today. There were sales of Rs 11,333.20 crore against total purchases of Rs 14,841.81 crore.
Investors' wealth in stock-market cap. Rs 2.64 lakh crore increased to Rs 462.14 lakh crore
Despite the surge in Sensex, Nifty, many small, midcap, A group shares remained attractive today, investors' wealth i.e. total market capitalization of BSE listed companies also increased by Rs 2.64 lakh crore to Rs 462.14 lakh crore. Day.