look news india
Mumbai: After five consecutive days of index-based decline, the fall in stocks halted at the end of the week on speculation that the ruling BJP will get fewer seats than expected in the Lok Sabha elections this time. Global markets recovered as US unemployment claims rose and interest rate cuts on expectations of corporate results led to gains in automobiles, consumer durables, capital goods, FMCG, metal-mining, oil-gas, healthcare. Wealth increased in the area. Banking stocks turned out to be preferred buys, countered by selling in index-based IT-software services. Power-capital goods stocks saw recovery in NTPC, Power Grid Corporation, ITC, Bharti Airtel, Tata Motors, Asian Paints, JSW Steel, Hindustan Unilever, Maruti Suzuki, Reliance among others. Sensex touched a low of 72366.29 and closed at 72664.47, up 260.30 points. While Nifty fell 50 points to 21950.30 and finally closed 97.70 points higher at 2055.20.
Auto index increased by 553: Eicher rose by Rs 85, Tube by Rs 130, Hero by Rs 114, Maruti by Rs 134.
Today, BSE Auto Index closed 552.71 points higher at 51984.19 with heavy short covering in automobile stocks. Tube Investments increased by Rs 130.80 to Rs 4065.80, Hero MotoCorp increased by Rs 114.45 to Rs 4876.60, Eicher Motors increased by Rs 84.90 to Rs 4652.15, Bosch increased by Rs 548.75 to Rs 30,455.05, Balkrishna Industries increased by Rs 40. Increase by Rs 15 to Rs 2478.35, Tata Motors up by Rs 16.70 to Rs 1046.85, Bajaj Auto up by Rs 132.50 to Rs 8977.75, Maruti Suzuki up by Rs 133.65 to Rs 12,650, MRF up by Rs 1331 to Rs 1,27,470.
1:1 share bonus in BPCL rises by Rs 26 to Rs 619: ONGC, Reliance gain
Oil-gas stocks remained the favorite buy of funds today. After the announcement of one share bonus per share in BPCL yesterday, the share attractiveness increased by Rs 26.30 to Rs 618.60. The price of Linde India increased by Rs 217.20 to Rs 7797.60, the price of ONGC increased by Rs 4.45 to Rs 270.15, the price of IOC increased by Rs 2.25 to Rs 158.95, the price of Reliance Industries increased by Rs 28.35 to Rs 2815.15. BSE Oil-Gas Index closed 378.59 points higher at 27833.31.
Vedanta, JSW, SAIL, Hindalco, Jindal Stainless rise: Metal index up 398 points
Metal-mining stocks also witnessed a correction today due to lack of funds. Vedanta rose by Rs 16.15 to Rs 410.75, JSW Steel rose by Rs 20.40 to Rs 853.80, SAIL rose by Rs 3.70 to Rs 156.85, Hindalco rose by Rs 8.60 to Rs 626.80, Coal India rose by Rs 6.05. 449.40, Jindal Stainless rose by Rs 7.10 to Rs 686.70, Jindal Steel rose by Rs 7 to Rs 929.05, NMDC rose by Rs 2.25 to Rs 255.30. BSE Metal Index closed 398.20 points higher at 30773.30.
Healthcare index rises 304 points: Vijaya Diagnostic, Dr Lal Path, Torrent Pharma gain
BSE Healthcare index closed 304.29 points higher at 34695.60 as funds made selective buying of healthcare-pharmaceuticals companies today. Vijaya Diagnostic rose by Rs 69.85 to Rs 801.50, Dr Lal Pathlab rose by Rs 115.90 to Rs 2344.90, Hester Bio rose by Rs 84.85 to Rs 1758, NGL Fine Chem rose by Rs 93.45 to Rs 93.45. 2342, Lincoln Pharma rose by Rs 93.15 to Rs 2614.95, Torrent Pharma rose by Rs 93.15 to Rs 2614.95, Abbott India rose by Rs 851.95 to Rs 26,409, Sun Pharma Advance rose by Rs 6.75 to Rs 26,409. 219.25.
Revival in power stocks: NTPC, Power Grid Corp, JSW NG, ABB attract
There was selective buying in Power Capital today with short covering in goods stocks. JSW NG rose by Rs 39.10 to Rs 570.30, NTPC rose by Rs 9.70 to Rs 355.70, ABB India rose by Rs 193.05 to Rs 7182.15, Siemens rose by Rs 43.05 to Rs 6172.45, Honeywell Automation rose by Rs 3565. Increase by Rs 65 to Rs 46,900, Polycab by Rs 352 increased to Rs 6153.60, V-Guard increased by Rs 13.95 to Rs 356.75.
Among IT stocks, TCS falls by Rs 64 to Rs 3895: Intel, Cient fall: Zensar, D-Link rise.
Due to profit booking in IT-software services, technology stocks today, BSE IT index rose 296.90 points to close at 33700.95, Cient fell by Rs 31.80 to close at Rs 1721.60, KPIT Technology fell by Rs 31.65 to close at Rs 1464.55. , Infosys fell by Rs 13.60 to Rs 1425.15, L&T Technology fell by Rs 41 to Rs 4360.90. While Zensar Technology rose by Rs 27.35 to Rs 607, D-Link India rose by Rs 28.20 to Rs 340.15, Black Box rose by Rs 10.20 to Rs 223.40.
Consumer index rises by 572 points: Rajesh Exports, Aditya Fashion, Dixon Technology gain
BSE Consumer Durables index closed 572.59 points higher at 52203.64 as funds made selective buying of consumer durables stocks today. Rajesh Exports rose by Rs 12.10 to Rs 303.85, Aditya Birla Fashion rose by Rs 9.25 to Rs 256.25, Dixon Technology rose by Rs 190.30 to Rs 8450, Blue Star rose by Rs 28.60 to Rs 1416.50. The price of Voltas increased by Rs 22.05 to Rs 1298.05, the price of Titan Company increased by Rs 46.90 to Rs 3291.10.
Value buying in lower small, mid cap stocks, market breadth turns positive again: 2142 shares closed positive
Market sentiment turned positive again as small, mid cap stocks again witnessed selective valuation decline today. Of the total 3931 shares traded on BSE, the number of gainers were 2142 and the number of decliners was 1678. The BSE Small Cap index rose 359.16 points to 45396.99 and the BSE Mid Cap index rose 331.58 points to 41027.75.
Investors' asset-market capitalization increased by Rs 3.22 lakh crore to Rs 396.56 lakh crore
Today, due to low valuations in many stocks and attractive buying in small and mid cap stocks, investors' wealth i.e. total market capitalization of BSE listed companies increased by Rs 3.22 lakh crore to Rs 396.56 lakh crore in a single day.
FPI/FII net sale of shares Rs.2117 crore: DII net purchase Rs.2710 crore
Foreign portfolio investors – FPIs, FIIs made a net sale of shares worth over Rs 2117.50 crore in cash today Friday. There were sales of Rs 13,720.83 crore against total purchases of Rs 11,603.33 crore. While DII-Domestic Institutional Investors made net purchases of shares worth Rs 2709.81 crore in cash today. There were sales of Rs 17967.98 crore against total purchases of Rs 10,677.79 crore.