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Mumbai: Small and mid-cap stocks have seen extraordinary losses in the last few days, yesterday there was a disappointing bearish atmosphere, after a big gap in large-cap stocks short-term funds recovered sharply today compared to undervalued stocks. . Limited recovery in Sensex, Nifty based small, mid-cap stocks; Funds were stable in small, mid-cap stocks, as juggernauts turned buyers. Fears over a tough stance by capital markets regulator SEBI and the Reserve Bank of India's crackdown on NBFC finances and the Enforcement Directorate's recent crackdown on stock market connections of operators led to panic selling in stocks. But a massive correction in the stock over the past few days resulted in overbought conditions, resulting in lower valuations today. Rating agency Fitch has raised India's economic growth-GDP growth forecast to 7 per cent from 6.5 per cent yesterday. Funds also bought short stocks in anticipation of some positive action in the SEBI board meeting on Friday. Sensex closed 335.39 points higher at 73097.28 and Nifty spot closed 148.95 points higher at 22146.65 due to gains in funds in IT, Oil-Gas, Pharma, Capital Goods, Metal, Power, Consumer Durables, Auto shares. Whereas profit booking continued in banking stocks.
IT index rises 830 points: HCL, Infosys, TCS, Genesis, Oracle gain
BSE IT index jumped 830.51 points to close at 38135.44 as funds bought heavily in IT-software services, technology stocks today. TCS increased by Rs 58.75 to Rs 4207.15, Infosys increased by Rs 40.75 to Rs 1652.45, Wipro increased by Rs 13.25 to Rs 517.60, HCL Technology increased by Rs 48.25 to Rs 1679. .65, Ramco Systems rose by Rs 15.30 to Rs 281.55, Sascon rose by Rs 79.45 to Rs 1491, Genesis International rose by Rs 72.60 to Rs 595.80, Oracle Finserv rose by Rs 443.90 to Rs 8471, Zensar Technology rose by Rs 72.60 to Rs 595.80. .30 up at Rs 553.25, Mastek up Rs 104.20 at Rs 2722.60.
Capital Goods Index jumps 1130 points: Rail Vikas, V-Guard, Timken, Siemens rise
Today, BSE Capital Goods Index closed at 57538.62, up 1130.27 points due to aggressive buying by funds by funds in capital goods stocks. Rail Vikas increased by Rs 20.65 to Rs 243.40, V-Guard increased by Rs 18.40 to Rs 324.40, Suzlon NG increased by Rs 1.70 to Rs 39.05, TeamCan increased by Rs 113.40 to Rs 2689, Hindustan Aeronautics increased by Rs 127.15 to Rs 3167.05, Siemens increased by Rs 130.75 to Rs 47. Rs 79.85, Larsen & Toubro S&P rose by Rs 64.05 to Rs 3606.35, ABB India rose by Rs 45 to Rs 5636.75.
Crude rise: Adani Total rose by Rs 99, Linde by Rs 354, HPCL by Rs 16, ONGC by Rs 8.
Oil and gas stocks remained attractive today as international crude prices rose to near $85 at $84.61 and New York-Nymex crude at $80.39 on expectations of strong demand from OPEC this year. Adani Total Gas increased by Rs 99.10 to Rs 972.95, Linde India increased by Rs 353.85 to Rs 6412.95, GAIL increased by Rs 7.50 to Rs 176.15, IOC increased by Rs 7.20 to Rs 170.45, HPCL increased by Rs 16.45 to Rs 499.45, ONGC increased by Rs 8.35 to Rs 263.25. Rs, BPCL Rs 11.10 It increased to Rs 608.45. BSE Oil-Gas Index closed 830.44 points higher at 27502.49.
Rise in healthcare stocks: Dishman Carbogen, Copron, Bliss, Medicaman, Unichem rise
Funds again made heavy purchases in healthcare-pharmaceuticals stocks today. Dishman Carbogen increased by Rs 21.35 to Rs 220, Coproan increased by Rs 19.30 to Rs 238, Medicaman Bio increased by Rs 31.15 to Rs 398.80, Morpen Labs increased by Rs 3.21 to Rs 42.63, Shelby increased by Rs 15.50 to Rs 231.55, Unichem Labs increased by Rs 28.35 to Rs 513. , Biocon Rs 13.85 It increased by Rs 266.95, RPG Life increased by Rs 70.35 to Rs 1460.60. The healthcare index closed 456 points higher at 34921.21.
Auto stocks fall: Tube, Bosch, Hero, Cummins, Mahindra, Apollo, MRF rise
Today, BSE Auto Index closed at 47140.15, up 500.94 points due to trading amid decline in automobile companies. Tube Investments increased by Rs 136.65 to Rs 3591.75, Bosch increased by Rs 1119.05 to Rs 29,420, Hero MotoCorp increased by Rs 159.65 to Rs 4674.35, Ashok Leyland increased by Rs 4.35 to Rs 164, Cummins India increased by Rs 67.65 to Rs 2741.95, Mahindra & Mahindra increased by Rs 38.75. Increase to Rs 1891.80, MRF It increased by Rs 1199.45 to Rs 1,40,271.
Funds largely improved in small, mid-cap stocks that value investors: 2722 shares closed positive
After a sharp fall in small, mid-cap, cash stocks in the last three days, fund investors today evaluated many stocks, turning the market sentiment positive. Of the total 3958 shares traded on BSE, the number of gainers was 2679 and the number of decliners was 1197.
BSE Small Cap Index rose 1265 points, Mid Cap Index rose 855 points.
With broad recovery in small and mid cap stocks, BSE Small Cap index closed 1265.45 points higher at 41907.12 and BSE Mid Cap index closed 855.31 points higher at 38446.46. BSE SME IPO Index also made a rapid recovery today and closed at 50998.31, falling 1057.81 points.
FPI/FII net sale of shares Rs.1356 crore: DII net purchase Rs.139 crore
Foreign portfolio investors – FPIs, FIIs made a net sale of shares worth Rs 1356.29 crore in cash today-Friday. There were total sales of Rs 21,170.66 crore against total purchases of Rs 19,814.37 crore. While DII-domestic institutional investors made net purchases of shares worth Rs 139.47 crore in cash today. There were sales of Rs 10,589.88 crore against total purchases of Rs 10,729.35 crore.
Investors' wealth in stock-market cap. Rs 7.82 lakh crore increased to Rs 379.98 lakh crore
After a loss of Rs 13.48 lakh crore in a single day yesterday in stocks, investors' wealth witnessed a sharp improvement today-Thursday – the total market capitalization of BSE-listed companies increased by Rs 7.82 lakh crore in a single day to Rs 379.98 lakh crore. It became Rs. , Had arrived.