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Mumbai: After preparations for Christmas holidays and heavy buying of shares by operators, funds in Indian stock markets last week, indices Sensex, Nifty showed improvement in the beginning of the new week by breaking the correction based on corrections. Banking frontline stocks led by HDFC Bank, State Bank of India, IndusInd Bank, Axis Bank, ICICI Bank due to fund buying on demerger attraction of hotel business in FMCG giant ITC, while other frontline stocks included Tech Mahindra, Reliance Industries, Titan The company improved. Bharti Airtel. In intra-day, Sensex rose by 876.53 points to close at 78918.12 and finally by 498.58 points to close at 78540.17 and Nifty 50 spot rose by 282.05 points in intra-day to close at 23869.55 and finally by 165.95 points to close at 23753. had gone
Bankex rises 575 points: State Bank, HDFC Bank, IndusInd Bank, Axis Bank gain
Among banking-finance stocks today, the BSE Bankex index closed 498.58 points higher at 78540.17, with funds trading lower and higher. Bank of Baroda rose by Rs 6.20 to Rs 246.50, HDFC Bank rose by Rs 28.95 to Rs 1801, IndusInd Bank rose by Rs 14.70 to Rs 944.70, Federal Bank rose by Rs 2.85 to Rs 196.90. Canara Bank increased by Rs 1.45 to Rs 101.10, State Bank of India increased by Rs 8.45 to Rs 820.95, ICICI Bank increased by Rs 10.70 to Rs 1296.40, Axis Bank increased by Rs 7.10 to Rs 1079.20. Bajaj Holdings rose by Rs 375.20 to Rs 11,115, Bandhan Bank rose by Rs 5.30 to Rs 164.40, Abans Holdings rose by Rs 7.05 to Rs 274.24, ICICI Securities rose by Rs 17.10 to Rs 847.10.
Demerger in ITC on January 1: Shares rise by Rs 10 to Rs 474: Adani Wilmar, Vadilal bullish
Select funds are buying FMCG shares today. As the date of dissolution of hotel business in ITC Ltd has been set for January 1, 2025 and before that the company increased its stake in Oberoi Hotels parent EIH by 2.44 per cent and bought 0.53 per cent in Leela Mumbai, the stock added Rs 9.60. There was an increase. Rs 474. 20 happened. Adani Wilmar increased by Rs 24.55 to Rs 315.55, Avanti Feeds increased by Rs 32.10 to Rs 653.40, Vadilal Industries increased by Rs 111.60 to Rs 4120, Varun Beverages increased by Rs 14.50 to Rs 626.70, Dabur India increased by Rs 8.45 to Rs 510.35. Went. Marico rose Rs 9.65 to Rs 637.90, Bikaji Foods rose Rs 8.50 to Rs 777.95.
Fund valuation in Reliance: Rs 16 to Rs 1222: Rise in ONGC, Petronet LNG
Oil-gas stocks were bought by select short-term funds today. News came that international prices of crude oil fell from the peak in the evening. Today, after a big improvement in the shares of Reliance Industries, the valuation of hedge funds increased by Rs 16.10 to Rs 1222.10. ONGC rose by Rs 3.60 to Rs 240.90, Petronet LNG rose by Rs 3.90 to Rs 340.30, HPCL rose by Rs 4 to Rs 403.95, GAIL India rose by Rs 1.50 to Rs 193. BSE Oil-Gas Index closed 211.99 points higher at 25894.10.
Profit booking continues in auto stocks: Uno Minda, Exide, Hero, Maruti fall: MRF gains
Automobile stocks also witnessed profit selling by funds today. Uno Minda fell by Rs 27 to Rs 1024.85, Exide fell by Rs 8.50 to Rs 417.40, Hero MotoCorp fell by Rs 67.35 to Rs 4275.50, Maruti Suzuki fell by Rs 96.75 to Rs 10 808, Bosch Bajaj Auto fell by Rs 193.95 to Rs 34,380.80. But it came down by Rs 40.80 to Rs 8745.85. While MRF rose by Rs 2292.05 to Rs 1,30,301.70, Bharat Forge rose by Rs 16.65 to Rs 1296.40.
Select rally in realty stocks: Phoenix rises by Rs 61 to Rs 1652: Macrotech Developers, Brigade rise
Selective purchasing took place in shares of realty companies today. Phoenix Mills rose by Rs 60.55 to Rs 1652.30, Macrotech Developers rose by Rs 41.25 to Rs 1442, Brigade Enterprises rose by Rs 31.55 to Rs 1266.20, Shobha Developers rose by Rs 38.15 to Rs 1578.50, DLF rose by Rs 12.60 to Rs 843.35, Godrej Properties It increased by Rs 31 to reach Rs 2885.50.
Low valuations in metal stocks: SAIL, Jindal Steel, JSW, Hindalco, NALCO gain traction
Funds also traded lower in metal-mining stocks today amid expectations that government capital spending on domestic infrastructure projects is expected to increase in 2025. SAIL rose by Rs 5 to Rs 121.15, Jindal Steel rose by Rs 29.25 to Rs 937.35, JSW Steel rose by Rs 18.25 to Rs 936.70, Hindalco rose by Rs 10.25 to Rs 634, NALCO rose by Rs 10.25 to Rs 634.20 to Rs 217.60. BSE Metal Index closed 248.67 points higher at 29,873.10.
Continuous decline in small cap shares: Selective buying in mid cap shares: 2452 shares closed negative
Market sentiment continued to remain weak as retail investors resorted to panic selling due to continued pricing of small cap stocks as well as operators, many cash stocks players. Of course, select midcap stocks remained bearish today. Out of the total 4218 shares traded on BSE, the number of decliners was 2452 and the number of gainers was 1636.
Net sales by FPIs/FIIs Rs.169 crore in cash: Net purchases by DIIs Rs.2228 crore
Foreign portfolio investors – FPIs, FIIs made a net sale of shares worth Rs 168.71 crore in cash today on Monday. There was a sale of Rs 8874.20 crore against the total purchase of Rs 8705.49 crore. Whereas DII-Domestic Institutional Investors made net purchases of Rs 2227.68 crore in cash today.
Investors’ wealth in stock-market cap. Rs 1.02 lakh crore increased to Rs 442.01 lakh crore
Sensex, Nifty based rally along with A group and select midcap stocks led the market capitalization of BSE listed companies i.e. total investors wealth increased by Rs 1.02 lakh crore to Rs 442.01 lakh crore today.
