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Mumbai: Funds led Sensex, Nifty led bullish trade today as global factors remained negative amid preparations for Christmas holidays. China’s consumer data shows weak growth and U.S. Has come after. Ahead of the Federal Reserve meeting starting tomorrow, funds adopted a cautious stance and refrained from making new big purchases. There was selling in IT-software services, metal-mining, FMCG shares. Although there was stock-specific buying in realty, consumer durables, capital goods stocks, the index-based market remained in the negative zone. Of course, funds, operators of small, mid-cap stocks, high net worth investors were choosing to buy. Frontline stocks including Titan Company, Adani Ports, UltraTech Cement, TCS, NTPC, Bharti Airtel, Tech Mahindra, JSW Steel, Infosys took the Sensex to 384.55. The index fell to 81748.57 and Nifty spot fell 100.05 points to close at 24668.20.
IT index down 280 points: Genesis International, Sasken, Infobins, Ramco, TCS down
Funds today reduced excessive buying positions in IT-software services, technology stocks. Genesis International fell by Rs 26.05 to Rs 906, Saskan Technology fell by Rs 57.60 to Rs 2077, Infobins fell by Rs 8.60 to Rs 450.25, Ramco Systems fell by Rs 8.85 to Rs 472.70, TCS fell by Rs 57.70 to Rs 4415.90 It fell by Rs 19.90 to Rs 1776.60, Infosys fell by Rs 20.20 to Rs 1979.65, Imudra fell by Rs 9.35 to Rs 938.45, L&T Technology fell by Rs 47.70 to Rs 5352.35. BSE IT index fell 280.04 points to close at 45407.89.
Selling in metal stocks due to weak China growth: NALCO, Jindal Steel, Jindal Stainless fall
Funds led the decline in metal-mining stocks today on weak Chinese growth and lack of adequate stimulus measures. NALCO fell by Rs 6.60 to Rs 219.90, Jindal Steel fell by Rs 24.65 to Rs 974.05, Hindalco fell by Rs 9.50 to Rs 652.50, Vedanta fell by Rs 6.30 to Rs 513.40, JSW Steel fell by Rs 10.85. 990.35, Sale Rs 1.15 reducing it to Rs 123.60. BSE Metal Index fell 302.62 points to close at 31438.56.
Realty stocks rise: Oberoi Realty up by Rs 135 to Rs 2252: Prestige, Macrotech Developers rise
With many projects in the realty sector taking shape and demand remaining intact despite rising property prices, funds were buying shares of realty companies in the hope of increasing profitability. Oberoi Realty rose by Rs 135.45 to Rs 2252.60, Prestige Estate rose by Rs 65.60 to Rs 1820.05, Macrotech Developers rose by Rs 50.80 to Rs 1470.40, Brigade Enterprises rose by Rs 40.75 to Rs 1289.70, DLF rose by Rs. 20.05 890, Phoenix Mills rose by Rs 40.90 to Rs 1817.30, Mahindra Life rose by Rs 9.70 to Rs 489.65. BSE Realty Index closed 268.03 points higher at 8716.96.
Titan falls by Rs 71 at Rs 3437: Dixon Technology rises by Rs 874 at Rs 18,832: Amber, Blue Star rise
Shares of consumer durables companies today fell by Rs 71.50 to Rs 3437.55 due to profit booking in Titan Company, and CG Consumer fell by Rs 4.55 to Rs 406.80. While shares of Dixon Technology rose by Rs 874.35 to Rs 18,832.10 on the back of Dixon Technology’s development of a joint venture with Vivo India to strengthen its position in the mobile smartphone market, shares of Amber Enterprises rose by Rs 203.65 to Rs 5993, shares of Blue Star rose by Rs 874.35. The rupee increased to Rs 18,832.10. Rs 71 It was up by Rs 2158.45, Kalyan Jewelers by Rs 15.85 at Rs 763.15. BSE Consumer Durables index closed 335.61 points higher at 67174.37.
Profit booking in FMCG stocks: Gopal Snacks falls by Rs 27 to Rs 386: Bacter Food, Bannariaman fall.
Funds were booking profits in FMCG stocks. Due to negative impact of fire incident, Gopal Snacks fell by Rs 27.30 to Rs 386.60, Bacters Foods fell by Rs 82.50 to Rs 1702.85, LT Foods fell by Rs 15.60 to Rs 417.65, Bannari Aman Sugar Kaveri Seed fell by Rs 104.75 to Rs 3529.25. Decreased to Rs 897.75, Dhampur sugar decreased by Rs 3.70 to Rs 181.30, Uttam sugar decreased by Rs 5.30 to Rs 283.15. However, Bombay Burma traded Rs 72.20 higher at Rs 2400.30, Heritage Foods up Rs 10.20 at Rs 500.25, Globus Spirits up Rs 15.10 at Rs 891.
Funds re-enter small, mid-cap stocks, HNI preference gains momentum: 2276 shares closed positive
Market sentiment remained positive as funds in small, mid-cap stocks and high net worth investors continued to be the preferred buys. Of the total 4250 shares traded on BSE, the number of gainers was 2276 and the number of decliners was 1869.
FPI/FII made net sale of Rs 279 crore in cash: DII made net sale of Rs 234 crore
Foreign portfolio investors – FPIs, FIIs made a net sale of shares worth Rs 278.70 crore in cash today on Monday. There were sales of Rs 11,956.94 crore against total purchases of Rs 11,678.24 crore. While DII-Domestic Institutional Investors made a net sale of Rs 234.25 crore in cash today. There was a sale of Rs 8871.01 crore against the total purchase of Rs 8636.76 crore.
Jindal World, Wockhardt, Sun Pharma Advance, Avanti Feed, Datamatics, PG Electroplast rise.
The group is buying selected shares today. Jindal World’s price increased by Rs 40.55 to Rs 426.80, Vakrangee’s price increased by Rs 2.77 to Rs 30.54, Wockhardt Development’s price increased by Rs 131.35 to Rs 1528.10 on the successful trial of antibiotics useful for liver transplant, Sun Pharma Advance’s price increased by Rs 18.45 to Rs 230.50. Done. Avanti Feed rose by Rs 44.10 to Rs 664.20, Datamatics rose by Rs 41.25 to Rs 677.70, PG Electroplast rose by Rs 77.05 to Rs 996.70.
The asset-market capitalization of investors increased by Rs 64 thousand crore to Rs 460 lakh crore.
In comparison to the decline in Sensex, Nifty, Small, Midcap and select stocks, investors’ wealth i.e. the total market capitalization of BSE listed companies increased by Rs 64 thousand crore in a day to Rs 460.06 lakh crore. ,