Mumbai: Capital markets regulator SEBI has taken a tough stance on alleged manipulation in SME IPOs in the case of small and medium enterprises (SMEs) after issuing a stern warning to mutual funds in the first case of small cap stocks. , Of course, operators, funds became active and started buying opportunities in small and mid cap stocks. BSE Small Cap Index fell 923.22 points to 42831.29 and BSE Mid Cap Index fell 521.04 points to 39237.90.
Index managed funds became buyers in frontline stocks: buying in Reliance offset selling in public sector banks
On the other hand, funds started index management of Sensex, Nifty today with index-led recovery seen in frontline heavyweight blue chip stocks led by Reliance Industries, Maruti Suzuki, TCS, HDFC Bank, Infosys, Bharti Airtel. However, selling was limited in State Bank of India, ITC, Nestle India, Tata Motors etc. Finally the Sensex closed at 73667.96, up 165.32 points. While Nifty 50 spot index closed at 22335.70 with a gain of 3.05 points.
Capital goods index breaks 781: LG, BHEL, KPIL, Grindwell, Hind. Arrow. fell down
BSE Capital Goods index fell 780.77 points to close at 58353.09 as funds sold heavily in capital goods stocks today. LG Appliances fell by Rs 53.65 to Rs 630.55, BHEL fell by Rs 10.30 to Rs 244.05, KPIL fell by Rs 43.85 to Rs 1062.45, Bharat Electronics fell by Rs 8.05 to Rs 204.35, Grindwell Norton fell by Rs 8.05 to Rs 204.35. It fell by Rs 69.45 to Rs 1939.95, Hindustan Aeronautics fell by Rs 102.70 to Rs 3268.35, CG Power fell by Rs 14 to Rs 455.05.
HDFC Bank rises Rs 33 to Rs 1,460 on fund raising: Reliance Industries. increased by Rs 19 to Rs 2950
Among blue chip-index heavyweight stocks today, Reliance Industries rose by Rs 19 to Rs 2950.20, HDFC Bank rose by Rs 32.85 to Rs 1459.90, TCS rose by Rs 69.85 to Rs 4191.35, Maruti Suzuki rose by Rs 4191.35. Infosys rose by Rs 104.55 to Rs 11,497.65, Infosys rose by Rs 12.75 to Rs 1612.20, Bharti Airtel rose by Rs 7.30 to Rs 1204.40, Tech Mahindra rose by Rs 2.35 to Rs 1292.
Fall by Rs 14 to Rs 759 ahead of State Bank of India announcement of details on electoral bonds: ITC, Tata Motors fall
Among index shares today, State Bank of India fell Rs 14.10 to Rs 759.40 on sustained selling pressure ahead of disclosure of names of buyers of Electrol bonds as per Supreme Court order. JSW Steel fell by Rs 12.20 to Rs 817.20, ITC fell by Rs 5.15 to Rs 404.25, Tata Motors fell by Rs 11.40 to Rs 1016.60, Nestle India fell by Rs 23.15 to Rs 2589.25, UltraTech Cement fell by Rs 85.15 to Rs 9612.25.
IT stocks rise: Quick Hill up by Rs 39 at Rs 579: Newgen, Black Box, Oracle rise
IT-software services, technology stocks were the leading buying choices of TCS Funds today. Quick Hill Technology rose by Rs 38.85 to Rs 579.50, Nugen Software rose by Rs 23.70 to Rs 768.50, Black Box rose by Rs 6.35 to Rs 236.75, Oracle Finserv rose by Rs 168.15 to Rs 8272.40. LTI Mindtree rose by Rs 82.35 to Rs 5206.90, Imudra rose by Rs 9.05 to Rs 612.40, Intellect Design rose by Rs 11.65 to Rs 1103.90. BSE IT index closed at 37692.48, up 168.41 points.
Selling in metal stocks: Jindal Stainless, SAIL, NMDC, Jindal Steel, Vedanta Gabadiya.
The fund lagged despite a recovery in metal-mining stocks in China. Jindal Stainless fell Rs 29.60 to Rs 658.50, Jindal Steel fell Rs 18.35 to Rs 808, Vedanta fell Rs 5.05 to Rs 270.30, SAIL fell Rs 4.40 to Rs 129.80, NMDC fell Rs 5.30 to Rs 223.45, Coal India fell Rs 4.45 to Rs 449. But he came. BSE Metal Index fell 378.34 points to close at 27958.02.
Among oil-gas stocks, Linde India rises by Rs 416 to Rs 6315: ONGC, Adani Total Gas fall.
Oil and gas stocks were the favorite buy today led by Reliance. Linde India's price increased by Rs 416.30 to Rs 6315.70, HPCL's price increased by Rs 3.15 to Rs 514.70. Whereas Adani Total Gas fell by Rs 34.65 to Rs 965.55, GAIL India fell by Rs 3.45 to Rs 179.75, ONGC fell by Rs 3.35 to Rs 270.35.
Realty stocks gap: Swan NG falls Rs 126 to Rs 542: Macrotech, DLF, Godrej fall
After the rise, there was a decline in realty shares today. Swan NG fell by Rs 125.80 to Rs 542.55, Macrotech Developers fell by Rs 61.50 to Rs 1119.70, DLF fell by Rs 45.95 to Rs 864.35, Oberoi Realty fell by Rs 34.85 to Rs 1323.55, Godrej Properties fell by Rs 92.45 to Rs 2328.25, Prestige Estates fell by Rs. Rs 28.30 fell to 1151.05 Came to Rs. BSE Realty Index fell 252.16 points to close at 6900.07.
Do small, mid-cap stocks make a difference to operators' valuations? 3272 shares closed with decline
Small, midcap, cash stocks, funds and players showed huge losses today and there were big gaps in many stocks. As a result of these gaps, retail investors also began selling stakes. Of course, the buzz among informants today was that operators, funds have started doing valuations in select small, mid cap stocks. Out of total 3967 stocks traded on BSE, the number of declining stocks was 3272 and the number of gaining stocks was 625.
FPI/FII made net purchase of shares worth Rs 73 crore: DII made net purchase of Rs 2358 crore.
Foreign portfolio investors – FPIs, FIIs made net purchases of shares worth Rs 73.12 crore in cash today-Tuesday. There were sales of Rs 15,401.68 crore against total purchases of Rs 15,474.80 crore. While DII-Domestic Institutional Investors made net purchases of shares worth Rs 2358.18 crore in cash today. There were sales of Rs 8120.20 crore against total purchases of Rs 10,478.38 crore.
Market cap in shares.- Investors' wealth decreased by Rs 4.01 lakh crore to Rs 385.64 lakh crore.
With wide swing in shares today, the total market capitalization of BSE listed companies, i.e. total wealth of investors, fell by Rs 4.01 lakh crore in a single day to Rs 385.64 lakh crore.