Friday , December 27 2024

Nifty reaches new record high of 22186: Finally up 82 points to reach 22122

Mumbai: Sensex, Nifty based markets remained on the rise for the fifth consecutive day today due to gains in auto, telecom, pharma majors as well as banking-finance frontline stocks amid mixed trends in global markets. With this, Nifty made a new all-time high. The fund has exposure to banking-finance stocks Bajaj Finserv, Bajaj Finance, ICICI Bank as well as auto giant Maruti Suzuki as well as Bharti Airtel, Grasim as well as pharma giant Cipla, Dr Reddy's Laboratories, Sun Pharma Industries and FMCG stock ITC. Attracted. Creating history, it increased by 81.55 points and closed at a height of 22122.25. While the Sensex reached a high of 72881.93, it finally closed at 72708.16, up 281.52 points. After a long holiday, China's markets opened with slight gains today. Today, American markets are closed on the occasion of President's Day.

Finance, banking stocks rise

Funds again made aggressive purchases in financial services, banking stocks today. Among Bajaj Twins shares, Bajaj Finserv rose by Rs 36.95 at Rs 1612.50, Bajaj Finance rose by Rs 119.40 at Rs 6740.65, LIC India rose by Rs 17 on news of income tax refund of Rs 25,464 crore. 50 up to Rs 1056.90, Paisalo Digital up by Rs 19.55 to Rs 162.50, BF Investment up by Rs 62.15 to Rs 588.05, Crisil up by Rs 390.05 to Rs 4991.90, One97 Paytm up by Rs 17.05 to Rs 358.55. With this, AU Small Bank increased by Rs 19 to Rs 600.35, ICICI Bank increased by Rs 20.80 to Rs 1043.60, State Bank increased by Rs 2.75 to Rs 757.50.

Consumer durables index rose 890 points

BSE Consumer Durables index closed 890.01 points higher at 51322.49 as funds made heavy purchases in shares of consumer durables companies today. Rajesh Exports rose by Rs 41.55 to Rs 345, Blue Star rose by Rs 42.60 to Rs 1280.05, Dixon Technology rose by Rs 223.95 to Rs 6603.95, Aditya Birla Fashion rose by Rs 5.80 to Rs 236.70. Voltas rose by Rs 23.35 to Rs 1097.45, CG Consumer rose by Rs 5.60 to Rs 289.95, Havells India rose by Rs 18.65 to Rs 1417.05, Titan Company rose by Rs 47.70 to Rs 3704.30.

rise in auto stocks

Funds continued buying in auto stocks amid reports of good growth in the electric vehicle segment as well as pickup in vehicle sales by automobile companies. Bosch rose by Rs 740.75 to Rs 29,066, Bajaj Auto rose by Rs 184.70 to Rs 8510.50, Cummins India rose by Rs 43.15 to Rs 2660.80, Maruti Suzuki rose by Rs 132.35 to Rs 11,500, Mahindra & Mahindra rose by Rs 13.30 to Rs 1848.85.

progress in healthcare

Today, funds along with multinational companies made big purchases in the shares of healthcare-pharmaceutical companies. Novartis India up Rs 159.90 to Rs 1195.35, Wockhardt up Rs 64.40 to Rs 551.50, Bliss GVS up Rs 9.55 to Rs 132.25, Sequent Scientific up Rs 13.90 to Rs 148.50, Sun Pharma Advance up Rs 17.95 to Rs 377.15, Sanofi India up 3 Cipla increased by Rs 47.25 to Rs 9195 Dr Reddy's Laboratories rose by Rs 30.25 to Rs 1470.45, Dr Reddy's Laboratories rose by Rs 103.80 to Rs 6420. The price of Sun Pharma Industries increased by Rs 19.40 to reach Rs 1529.85.

Rise in small, midcap stocks

Market sentiment remained positive today with buying in many small, mid cap, cash stocks by funds, players, high net worth investors. Of the total 4103 stocks traded on BSE, the number of gainers was 2363 and the number of decliners was 1605.

FPI sold Rs 754 crore

Foreign portfolio investors – FPIs, FIIs made a net sale of Rs 754.59 crore in cash today on Monday. There were sales of Rs 10,922.54 crore against total purchases of Rs 10,167.95 crore. While DII-domestic institutional investors made net purchases of shares worth Rs 452.70 crore today. There was a sale of Rs 7628.44 crore against the total purchase of Rs 8081.14 crore.

investors' money

Investor wealth i.e. total market capitalization of BSE listed companies increased by Rs 2.16 lakh crore in a single day to a new all-time high of Rs 391.69 lakh crore due to Sensex, Nifty based strength and rally in small, mid cap, A group stocks. Went.