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Mumbai: After the start of the comeback phase in India, foreign portfolio investors (FPIs) remained buyers of shares for the second consecutive day. Funds also gained momentum in small, midcap stocks today. Foreign funds today bought shares in banking stocks amid positive signals for the banking sector as the three-day meeting of the Monetary Policy Committee (MPC) began today to review the credit policy of the Reserve Bank of India (RBI) and introduce banking legislation by the Finance Minister. Led. The amendment bill was extended yesterday. Funds also gained momentum in IT stocks in the domestic market as IT stocks gained momentum ahead of US Federal Reserve Chairman Jerome Powell’s interest rate outlook. Along with this, consumer durables, capital goods, realty, healthcare shares also gained attraction. Profit booking took place in auto, FMCG shares. In the intra-day, the Sensex reached above 81,000 at 81,245.39 and finally closed at 80,956.33 with a gain of 110.58 points. While Nifty 50 spot went up to 24573.20 intra-day and finally closed at 24467.45, up 10.30 points.
Bankex up 544 points: Canara Bank, Federal Bank, BoB, HDFC Bank, State Bank gain
Banking stocks rose for the second consecutive day today due to the MPC meeting of the Reserve Bank of India. The price of Canara Bank increased by Rs 3.45 to Rs 108.60, the price of Federal Bank increased by Rs 5.35 to Rs 215.30, the price of Bank of Baroda increased by Rs 6.05 to Rs 260.55, the price of HDFC Bank increased by Rs 33.20 to Rs 1860.05, State Bank of India increased by Rs 5.50 to Rs 859.45. Rs, Kotak Mahindra Bank rose by Rs 10.60 to Rs 1760.10, ICICI Bank rose by Rs 7.85 to Rs 1315.25. BSE Bankex index closed 544.37 points higher at 60530.95.
UCO Bank rises 12%: Rich Services, IOB, Centrum Capital, RBL Bank rise
Financial services, other banking stocks witnessed steady funding today. UCO Bank rose by Rs 5.37 to Rs 50.47, Dhani Services rose by Rs 7.37 to Rs 86.29, IOB rose by Rs 4.54 to Rs 58.98, Centrum Capital rose by Rs 2.66 to Rs 37.05. Sindh Bank increased by Rs 3.91 to Rs 54.82, RBL Bank increased by Rs 10.60 to Rs 173.55, IIFL Capital increased by Rs 19.60 to Rs 355.05, Jana Small Finance Bank increased by Rs 24.05 to Rs 436.80, IDBI Bank increased by Rs 3.79 to Rs 86.90, Indian Bank It increased by Rs 23.80 to Rs 86.90. 603.30, An 97 Paytm rose by Rs 36.70 to Rs 939.55, Suryoday Small Finance rose by Rs 5.60 to Rs 154.15.
Profit booking in auto stocks: Selling in Motherson Sumi, Bajaj Auto, Tata Motors, TVS, Maruti
There was profit booking in shares of automobile companies today. Motherson Sumi fell by Rs 3.60 to Rs 162.50, Bajaj Auto fell by Rs 161.35 to Rs 8999.35, Tata Motors fell by Rs 12.90 to Rs 788.25, TVS Motor fell by Rs 36.10 to Rs 2518, Maruti Suzuki fell by Rs 3.10 to Rs 2518. Up by Rs 147.10 to Rs 11,131.25, Hero MotoCorp fell by Rs 53.45 to Rs 4643.95, Eicher Motors fell by Rs 46.85 to Rs 4795. BSE Auto Index fell 358.03 points to close at 53355.12. While Apollo Tires rose by Rs 14.70 to Rs 536, Balkrishna Industries rose by Rs 33.55 to Rs 2874.95, MRF rose by Rs 1478.55 to Rs 1,27,000, Tube Investments rose by Rs 42 to Rs 3662.35. Cummins India’s price increased by Rs 27.30 to Rs 3538.40.
Newgen Software rises by Rs 95 to Rs 1305: Nelco, 63 Moons, Cient, Signity Tech, Quick Hill gain
In IT-software services, technology stocks, US continued to attract funds. Newgen Software rose by Rs 95.20 to Rs 1304.75, Nelco rose by Rs 88.30 to Rs 1306.45, 63 Moons Technology rose by Rs 28.25 to Rs 731, Cient rose by Rs 60.20 to Rs 1936.10. Signity Technology rose by Rs 48.15 to Rs 1745, Quick Hill gained Rs 17.25. By Rs 635.25, Latent View by Rs 12.70 to Rs 482.60, Black Box by Rs 17.40 to Rs 692.50, Rategain Travel by Rs 18.15 to Rs 725.50, TCS by Rs 53.65 to Rs 4355.10. BSE IT index closed at 43763.87, up 226.04 points.
Realty shares rise again: Macrotech Developers rises by Rs 75 to Rs 1371: Oberoi, Prestige rise
There was a rise in the realty sector today under the leadership of Lodha Developers-Macrotech Developers. On the positive note that a BJP led government is going to be formed in Maharashtra, money was being taken in realty shares. Macrotech Developers rose by Rs 74.70 to Rs 1371.50, Oberoi Realty rose by Rs 105.65 to Rs 2164.30, Prestige Estate rose by Rs 41.95 to Rs 1765, Godrej Properties rose by Rs 33.90 to Rs 2894.55, Mahindra Life rose by Rs 5.60 to Rs 510, Phoenix Mills rose by Rs 11.90. It increased to Rs 1757. BSE Realty Index closed 175.80 points higher at 8416.11.
Vadilal rose by Rs 404 to Rs 4195: Gokul Agro, Balrampur Chinese, GM Breweries, Tilaknagar declined.
Overall profit-booking was seen in FMCG stocks today. Gokul Agro fell by Rs 12.10 to Rs 331.80, Chamanlal Sethia fell by Rs 10.50 to Rs 346.35, Balrampur Chinese fell by Rs 17.30 to Rs 591.55, GM Breweries fell by Rs 20.75 to Rs 808.25, Tilaknagar Industries fell by Rs 10.50 to Rs 346.35. But he came. .7.95 at Rs 396.85, Avadh Sugar fell by Rs 11.20 to Rs 608.15, Dalmia Sugar fell by Rs 7.05 at Rs 433.50, Radico Khaitan fell by Rs 36.90 at Rs 2346.70. While Vadilal Industries increased by Rs 404.55 to Rs 4195, Honasa Consumer increased by Rs 16.65 to Rs 278.35, Agro Tech Foods increased by Rs 29.45 to Rs 985, Dodla Dairy increased by Rs 19.95 to Rs 2092.05.
Dixon Technology up Rs 521 to Rs 17,395: Blue Star up Rs 43 to Rs 1919: Titan up
The funds were also buying select stocks of consumer durables companies. The price of Dixon Technology increased by Rs 521.30 to Rs 17,395.85, the price of Blue Star increased by Rs 42.70 to Rs 1919.40, the price of Titan Company increased by Rs 33.55 to Rs 3368.
FPI/FII net buying of cash worth Rs 1798 crore: DIIs net selling of Rs 901 crore
Foreign portfolio investors – FPIs, FIIs made net purchases of shares worth Rs 1797.60 crore in cash today on Wednesday. There were total sales of Rs 18,171.35 crore against total purchases of Rs 19,968.98 crore. While DII-domestic institutional investors made a net sale of Rs 900.62 crore in cash today. There were sales of Rs 14,982.90 crore against total purchases of Rs 14,082.28 crore.
The asset-market capitalization of investors increased by Rs 2.14 lakh crore to Rs 455.66 lakh crore.
Investor wealth i.e. total market capitalization of BSE listed companies increased by Rs 2.14 lakh crore to Rs 455.66 lakh crore today as foreign funds again became big buyers in stocks today due to rally in many small, mid cap, A group shares.
Small, mid-cap stock players, fund retail investors again bullish: 2352 stocks closed positive
After the rise of funds and players in small, midcap, cash stocks, now retail investors also started becoming buyers, the scope for upside remains. Of the total 4070 stocks traded on BSE, the number of gainers was 2352 and the number of decliners was 1617.