look news india
Mumbai: Global markets remain volatile amid cautious sentiment and demand for fresh mega stimulus in China as Israel responded in a timely manner to reports of Israel deciding to strike today following Iran's latest missile attack on itself. Is. While Indian stock markets led by funds, Banking-Finance, Automobile, Capital Goods Stock, Sensex, Nifty based market again improved and the market came into positive zone. However, gains were limited as the fund sold in IT-software services, healthcare-pharmaceuticals stocks ahead of Tata Consultancy Services' quarterly results. Finally, Sensex closed at 81611.41, up 144.31 points. While Nifty 50 spot closed at 24998.45 with an increase of 16.50 points. Profit booking was seen in mid-cap stocks while small-cap stocks remained attractive.
Bankex rises 643 points: Kotak Bank rises Rs 75 to Rs 1876: HDFC, IndusInd gain
Funds bought heavily in banking-finance stocks today. Although the Reserve Bank of India kept rates, including the repo rate, unchanged in yesterday's monetary policy review, the hint of a rate cut at the next meeting had a positive impact today. Kotak Mahindra Bank rose by Rs 74.95 to Rs 1875.65, HDFC Bank rose by Rs 28.60 to Rs 1662.30, IndusInd Bank rose by Rs 19.20 to Rs 1360.50, Axis Bank rose by Rs 14.05 to Rs 1184.15. BSE Bankex index closed 642.96 points higher at 58623.32. Among finance stocks, TVS Holdings rose Rs 555.60 to Rs 13,265, BF Investments rose Rs 21.45 to Rs 10,788, JM Financial rose Rs 3.75 to Rs 145.1. Reached Rs 0.
Tech Mahindra fell by Rs 38 to Rs 1620: Infosys, Oracle fell: 63 moons, Quick Hill rose.
In IT-software services, technology stocks, funds were selling profits ahead of TCS results. BLS E-Services fell by Rs 6.20 to Rs 218.95, Tech Mahindra fell by Rs 38.40 to Rs 1620.30, Persistent fell by Rs 93.70 to Rs 5341.50, LTI Mindtree fell by Rs 98.45 to Rs 5241.50. , Oracle Finserv 161.40 Rs fell to Rs 11,484, Mphasis fell by Rs 39.35 to Rs 2857.95, Coforge fell by Rs 96.80 to Rs 7280.40, TCS fell by Rs 23.90. At Rs 4228.40, Wipro fell by Rs 6.55 to Rs 524.90. While 63 Moons Technology rose by Rs 36.40 to Rs 426.70, Quick Hill Technology rose by Rs 49.20 to Rs 756.95, Sasken Technology rose by Rs 87.70 to Rs 1750. BSE IT index fell 458.54 points to close at 42577.54.
Overbought situation eases in pharma stocks: Lupine falls by Rs 126, Cipla by Rs 58, Concord Biotech by Rs 67
Funds also reduced overbought positions in shares of health care-pharmaceuticals companies. Lupine fell by Rs 126.60 to Rs 2157.60, IOL Chemicals fell by Rs 15.35 to Rs 430, Cipla fell by Rs 58.05 to Rs 1623, Concord Biotech fell by Rs 66.90 to Rs 1880.95, Alembic Pharma declined. Fallen by Rs 40.60 to Rs 1190, Torrent Pharma fell by Rs 116.45 to Rs 3442.30, Aurobindo Pharma fell by Rs 40.65 to Rs 1470.45, Piramal Pharma fell by Rs 5.60 to Rs 218.45. While Newland Lab rose by Rs 700.30 to Rs 12,500, Unichem Lab rose by Rs 29.20 to Rs 669.75. BSE Healthcare index fell 621.11 points to close at 44070.91.
Selective rally of funds in auto stocks: Motherson Sumi, Ashok Leyland, Maruti Suzuki, Mahindra attract
Funds were also buying shares of automobile companies today. Motherson Sumi rose by Rs 3.90 to Rs 210, Ashok Leyland rose by Rs 3.60 to Rs 225.65, Maruti Suzuki rose by Rs 170.65 to Rs 12,927.80, Mahindra & Mahindra rose by Rs 39.15 to Rs 3193.40. , Balkrishna Industries price increased by Rs 23 to Rs 3060.45, Cummins India price increased by Rs 16.50 to Rs 3780.
DB Realty, Hitachi India, Mazgaon Dock, Garden Rich, RCF, Usha Martin, Apar Industries. rose up
Among the group's top gainers today, DB Realty rose by Rs 17.30 to Rs 192, Hitachi NG India rose by Rs 1405.45 to Rs 15,958, Mazagon Dockyard rose by Rs 344.95 to Rs 4431 amid India's decision to build nuclear submarine .10, which rose by Rs 44.95 to Rs 619.95. Rs, Usha Martin rose by Rs 24.60 to Rs 367.20, RCF rose by Rs 11.60 to Rs 182.60, Garden Rich Ship rose by Rs 105 to Rs 1742.45, Apar Industries rose by Rs 30 to Rs 1742.45. EIH Hotels rose by Rs 23.60 to Rs 431.50 from Rs 615.15 to Rs 10,638.
Profit booking in mid-caps against rise in small-cap stocks: Market expansion positive: 2199 shares closed positive
Sensex, Nifty based banking stocks remained strong today, while players in funds, small cap stocks remained attractive. But profit booking was seen in midcap stocks. Hence the market expansion was moderately positive. Of the total 4046 stocks traded on BSE, the number of gainers decreased from 2705 to 2199 and the number of decliners increased from 1248 to 1730.
Net purchase of shares by DII was Rs. 3878 crore: Rs. 3878 crore by FPI/FII. Sale of shares worth Rs 4927 crore
Foreign portfolio investors – FPIs, FIIs made a net sale of shares worth Rs 4926.61 crore in cash today Thursday. There were total sales of Rs 21,440.91 crore against total purchases of Rs 16,514.30 crore. Whereas DII-Domestic Institutional Investors made net purchases of Rs 3878.33 crore in cash today. There were total sales of Rs 9422.86 crore against total purchases of Rs 13,301.19 crore.
Nikkei rose 103 points, Hang Seng 615 points in global markets: European markets remained soft
A mixed trend was seen in global markets today amid preparations for Israel's retaliatory attack on Iran. The CSI 300 index rose 42 points amid volatility in the Shanghai stock market amid demand for fresh stimulus in China. While Japan's Nikkei 225 index increased by 103 points. Hong Kong's Hang Seng rose 615 points. European markets remained soft in the evening.