Saturday , November 23 2024

Rise in local funds: Sensex rises 305 points to 73905

Mumbai: Against the overall sluggishness in global markets, funds in Indian stock markets today brought the market back into bullish territory by rising in Tata group companies as well as IT, Auto, Healthcare-Pharma, Capital Goods, Consumer Durables frontline index stocks. Gave. , Of course, many stocks in small, mid-cap stocks may have become overvalued at this level, with capital markets regulator SEBA urging asset managers of small, mid-cap funds to provide their investors with more information about the risks associated with small Have done. Mid-cap funds have, and will in future, seek to reduce this risk. Many stocks witnessed losses today as funds and operators increased distribution on potential profit booking. Finally, Sensex closed 305.09 points higher at 73095.22 and Nifty 50 spot index closed 76.30 points higher at 22198.35.

Tata group shares rise: TCS up by Rs 102 at Rs 4103: Tata Motors up by Rs 26 at Rs 963

Today again funds bought heavily in shares of Tata group companies. Tata Consultancy Services-TCS rose by Rs 102.40 to Rs 4102.80, Tata Motors rose by Rs 26.05 to Rs 962.75, Tata Steel rose by Rs 1.55 to Rs 144.15, Titan Company rose by Rs 31.50 to Rs 3652.55. , Tata Consumer Products rose by Rs 6.75 to Rs 1183.35, Indian Hotels rose by Rs 10.05 to Rs 589.75, Voltas rose by Rs 18.60 to Rs 1116.40, Tata Communications rose by Rs 39.80 to Rs 1908.90, Tata Investment Corporation rose by Rs 60.25 to Rs 7135.

Auto index rises 310 points on Tata Motors: Hero, MRF, TVS fall

Among the shares of automobile companies, today BSE Auto Index closed at 47668.86, rising by 309.66 points on the strength of Tata Motors, Bajaj Auto, Eicher Motors. Of course, Hero MotoCorp fell by Rs 79.35 to Rs 4417.50, MRF fell by Rs 2013.20 to Rs 1,46,398.20, Apollo Tires fell by Rs 6.95 to Rs 519.25, TVS Motor fell by Rs 26.50 to Rs 2135.05. Sundaram fell by Rs 13.25 to Rs 1081.55, Maruti Suzuki fell by Rs 37.40 to Rs 11,422.05. While the price of Eicher Motors increased by Rs 45.70 to Rs 3997.45, the price of Bajaj Auto increased by Rs 15 to Rs 8462.40.

Capital Goods Index rises 454 points: Gold BLW, ABB, CG Power, AIA gain

There was a rise in select funds in capital goods-power stocks today. Gold BLW rose by Rs 22.50 to Rs 687.75, ABB India rose by Rs 155.25 to Rs 5452.40, CG Power rose by Rs 10.60 to Rs 439, LG Appliances rose by Rs 13 to Rs 634.25. The price of Hindustan Aeronautics increased by Rs 45.25 to Rs 3095.15, the price of Grindwell Noten increased by Rs 23.55 to Rs 2184, the price of Larsen & Toubro increased by Rs 36.45 to Rs 3506.25, the price of Honeywell Automation increased by Rs 317.30 to Rs 38,420. BSE Capital Goods Index closed 453.64 points higher at 57661.34.

Buy in healthcare stocks: Dishman Carbogen, Bliss GVA, AstraZeneca, PolyMedicare up

Funds of healthcare-pharmaceutical companies made selective purchases today. Dishman Carbogen rose by Rs 18.15 to Rs 255.90, Bliss GVS rose by Rs 6.15 to Rs 136.10, Poly Medicure rose by Rs 61.50 to Rs 1626.45, Max Healthcare rose by Rs 16.85 to Rs 852.10, Thyrocare rose by Rs 10. Rs 12.25 increased to Rs 641.80, AstraZeneca increased Rs 104.95 to Rs 5566.30, Mankind Pharma increased Rs 35.15 to Rs 2100, Sun Pharma Industries increased Rs 22.15 to Rs 1579.10, Cipla increased Rs 19.20 to Rs 1488.95. BSE Healthcare index closed 177.85 points higher at 35672.94.

Consumer index up 512 points: Havells up Rs 44, Blue Star up Rs 36: Dixons down Rs 185

The fund was buying stocks of consumer durables companies. Blue Star rose by Rs 36.10 to Rs 1292.60, Havells India rose by Rs 43.95 to Rs 1469.30, Aditya Birla Fashion rose by Rs 3.45 to Rs 228.85, CG Consumer rose by Rs 2.95 to Rs 291. While Dixon Technology fell by Rs 184.60 to Rs 6758.40. The BSE Consumer Durables index closed at 51307.52, up 511.68 points.

Attractions in IT stocks: Intellect Design, Quick Hill Techno, Happiest Minds, Datamatics rise

Funds in IT-software services, technology stocks were in gain today. Intellect Design rose by Rs 85.20 to Rs 1068.25, Quick Hill rose by Rs 39.20 to Rs 572.90, Happiest Minds rose by Rs 34.90 to Rs 869.25, Zensar Technology rose by Rs 13.65 to Rs 545.75, Sascon Technology rose by Rs 34.90 to Rs 545.75. Datamatics rose by Rs 41.50 to Rs 1747.70, Datamatics rose by Rs 14.05 to Rs 611.90. BSE IT index closed 289.59 points higher at 38508.41.

Distribution of funds, operators across small, mid cap, cash stocks: 2353 shares closed negative

Market breadth remained negative due to increase in distribution of funds, operators in many stocks today in small, mid cap, cash stocks. Out of the total 3929 shares traded on BSE today, the number of gainers decreased to 1493 and the number of decliners increased from 2268 to 2353.

Investors' wealth in stock-market cap. Rs 9 thousand crore decreased to Rs 391.99 lakh crore

Sensex, Nifty rise today after fall, Sebi urges asset managers of small, mid-cap funds to provide more information about risks to their investors, distribution of funds, operators across multiple stocks increased. The wealth of investors in shares i.e. the total market capitalization of companies listed on BSE fell by Rs 9 thousand crore today to Rs 391.99 lakh crore.

FPI/FII net sales Rs 1509 crore: DII net purchases Rs 2862 crore

Foreign portfolio investors – FPI, FII made a net sale of Rs 1509.16 crore in cash today on Tuesday. There were sales of Rs 17,909.84 crore against total purchases of Rs 16,400.68 crore. While DII-Domestic Institutional Investors made net purchase of shares worth Rs 2861.56 crore today. There were sales of Rs 8941.85 crore against total purchases of Rs 11,803.41 crore.