Saturday , November 23 2024

Fund selling in FMCG stocks on weak HUL: Index based slight fall

Valuations in banking stocks: State Bank, Bank of Baroda, HDFC Bank, Axis Bank attractive

Banking-finance stocks were trading lower today under fund valuations. Bank of Baroda rose by Rs 6.55 to Rs 244.50, State Bank of India rose by Rs 9.05 to Rs 795, HDFC Bank rose by Rs 14.40 to Rs 1750.10, Axis Bank rose by Rs 7.45 to Rs 7.45. 1167.95, IndusInd Bank rose by Rs 6.75 to Rs 1278.90. BSE Bankex index closed 317.14 points higher at 58522.84.

Care Ratings rises Rs 235 to Rs 1409: Aban, IDBI, CRISIL, PNB gilts rise

Among financial stocks, Care Ratings rose Rs 234.85 to Rs 1409.15, IDBI Bank rose Rs 3.35 to Rs 81.35, PNB Gilts rose Rs 14.35 to Rs 452.55, REC Rs 16.50 increased to Rs 522 CRISIL rose by Rs 152.15 to Rs 5077.30, ICICI Prudential rose by Rs 21.35 to Rs 768.10, One97 Paytm rose by Rs 19.40 to Rs 764.40, IDFC First Bank rose by Rs 1.46 to Rs 68.05, CSB Bank rose by Rs 6.40 to Rs 768.30.

Hindustan Unilever falls to Rs 155 on weakness: LT Foods, Godfrey Phillips, Gokul Agro fall

There was a selloff in FMCG shares today after Hindustan Unilever's quarterly profit fell by 5 percent. The share fell by Rs 155.05 to Rs 2502.95. While LT Foods fell by Rs 54.80 to Rs 350.50, Godfrey Philip fell by Rs 357.50 to Rs 6488.75, Sukhjit Starch fell by Rs 27.75 to Rs 527.15, Emami fell by Rs 26.55 to Rs 640.40, MS Industries 105.05 Rupee fell to Rs 2600, Nestle India fell by Rs 67.10 to Rs 2260, Colgate Palmolive India fell by Rs 101.45 to Rs 2600. 3232.65, Dalmia Sugar fell by Rs 14.90 to Rs 452.95, Varun Beverages fell by Rs 19.55 to Rs 609.25, Gillette India fell by Rs 252.20 to Rs 8250, ITC fell by Rs 8.70 to Rs 471.85. BSE FMCG index closed at 21294.07, down 582.64 points.

Profit booking again in auto stocks: Hyundai Motor, TVS, Bajaj Auto, MRF, Maruti declined.

Profiteering by funds and selling in automobile shares increased again today. Hyundai Motor fell by Rs 25.65 to Rs 1872.20, TVS Motor fell by Rs 82.75 to Rs 10,300.40, Motherson fell by Rs 4.65 to Rs 192.75, Maruti Suzuki fell by Rs 193.15 to Rs 11,770. Fall by Rs 470 to Rs 1,24,030 Rs, Hero MotoCorp fell by Rs 38.15 to Rs 5115.05, Bosch fell by Rs 213.30 to Rs 36,012.65. BSE Auto index closed 220.55 points down at 55330.53.

Piramal Pharma rises by Rs 40 to Rs 256: Aster DM, Syngen, Aarti Pharma, Wockhardt, Orchid rise

Today, in the falling market, shares of healthcare-pharmaceutical companies were among the fund's favorite stocks. 28.10 On the basis of good quarter, Piramal Pharma shares increased by Rs 39.70 to Rs 256.40, Astar DM shares increased by Rs 40.65 to Rs 442.95, Syngen International shares increased by Rs 42.95 to Rs 879.10, Aarti Pharma shares increased by Rs 42.95 to Rs 879.10 up to Rs 618.10. , Wockhardt rose by Rs 50.35 to Rs 1122.60, Orchid Pharma rose by Rs 49.15 to Rs 1330, Lupine rose by Rs 56.20 to Rs 2130.20, Gland rose by Rs 40.85 to Rs 1651. BSE Healthcare index closed 185.57 points higher at 42895.24.

Market breadth weakened as small cap stocks gained momentum again: 2349 stocks closed negative

Market sentiment turned negative as operators, funds made a comeback in small cap stocks today, Sensex, Nifty eased two-way fluctuations and booked big profits. Select midcap, A group shares were attractive. Out of the total 4033 shares traded on BSE, the number of decliners was 2349 and the number of gainers was 1584.

Net purchase of shares worth Rs 3620 crore by DIIs: Sale of shares worth Rs 5062 crore by FPI/FII

Foreign portfolio investors – FPIs, FIIs made a net sale of shares worth Rs 5,062.45 crore in cash today Thursday. There were sales of Rs 17,599.87 crore against total purchases of Rs 12,537.42 crore. Whereas DII-Domestic Institutional Investors made net purchases of Rs 3620.47 crore in cash today. There were total sales of Rs 10,207.38 crore against total purchases of Rs 13,827.85 crore.