look news india
Mumbai: Global markets witnessed Sensex-based weakness today due to profit-booking in FMCG, automobile stocks along with weakness in Asia, Europe markets along with banking, IT-software services, technology stocks. Of course, with the historic aggressive rally in gold and silver in metal-mining stocks, the prices of copper including copper on London Metal Exchange increased and the demand for industrial metals including steel from the country's infrastructure sector will increase in the coming days, the funds said. Today bought metal shares including steel.
Intra-day market cap. Crossing the milestone of five trillion dollars, it finally became 4.98 trillion dollars.
Along with this, there was selective buying in select capital goods, consumer durables stocks. Sensex again lost the 74000 level today and finally fell 52.63 points to 73953.31. While Nifty spot metal stocks Hindalco, Coal India, JSW Steel, Tata Steel, Adani Ports closed 27.05 points higher at 22529.05. After crossing the five lakh crore mark today, the market capitalization of the intra-day market reached 4.98 lakh crore.
Metal index rises 1328 points: Vedanta rises by Rs 33 to Rs 491: Jindal, Hindalco rise
BSE Metal index closed 1328.20 points higher at 33872.46 as funds made aggressive buying in metal-mining stocks today. Vedanta's price increased by Rs 32.90 to Rs 491.45, Jindal Steel's price increased by Rs 51.75 to Rs 1068, Hindalco's price increased by Rs 32.75 to Rs 692.75, Coal India's price increased by Rs 21.40 to Rs 490.75, Tata Steel's price increased by Rs 6.40 to Rs 692.75. 174.30, JSW Steel rose by Rs 32.75 to Rs 923.75, SAIL rose by Rs 5.05 to Rs 174.20, APL Apollo rose by Rs 47.80 to Rs 1717.
Profit booking in IT stocks behind Nasdaq: Onward, Exide, Genesis, TCS fall
Selling of IT stocks by funds was witnessed in the US stock market Nasdaq today amid weakness in IT stocks and caution on Nvidia. Axiscades fell Rs 69.15 to Rs 540.15, Onward Technology fell Rs 42.55 to Rs 395.80, Genesis fell Rs 31.10 to Rs 553.30, Netweb fell Rs 107.60 to Rs 2056, Emudhra fell Rs 15 to Rs 24.20 to Rs 798.15, Zensar Technology fell Rs 17.70 to Rs 605.95, Birlasoft fell Rs 18.70 to Rs 595.05, Quick Hill fell Rs 11.35 to Rs 458.30, TCS fell Rs 28.35 to Rs 3821.65.
TI India, Cummins fall in auto stocks: Balakrishnan, Mahindra, MRF rise
In automobile stocks today, there was selling in blue chip stocks against selective buying in frontline stocks. TI India fell by Rs 123.55 to Rs 3678, Cummins India fell by Rs 124 to Rs 3748.15, Maruti Suzuki fell by Rs 133.65 to Rs 12,469.70, TVS Motor fell by Rs 35.15 to Rs 2155.60, Balkrishna Industries rose by Rs 252.95 to Rs 3051.90, Motherson rose by Rs 1.45 to Rs 131.45, Mahindra & Mahindra rose by Rs 17.90 to Rs 2522.90, MRF rose by Rs 746.10 to Rs 1,29,680.
AU Bank, Daulat Algo, Motilal Oswal, MCX, Policy Bazaar Sale
Funds decided to exercise overall caution in banking-finance stocks today. AU Small Finance Bank fell by Rs 8.70 to Rs 615.15, IndusInd Bank fell by Rs 12.10 to Rs 1405.55, ICICI Bank fell by Rs 9.50 to Rs 1120.65, Axis Bank fell by Rs 55 to Rs 1137.60. Along with this, in finance shares, Daulat Algo fell by Rs 11.30 to Rs 150.95, Nuvama fell by Rs 298.80 to Rs 4638, Policy Bazaar fell by Rs 72.55 to Rs 1287.15, MCX fell by Rs 202.85. Rs 3836.90, Motilal Oswal fell by Rs 116.90 to Rs 2291.85.
Among oil marketing stocks, HPCL rose Rs 22 to Rs 527: BPCL, Indian Oil led the gainers
Today, money is being invested in the shares of special oil marketing PSU companies in oil and gas shares. HPCL rose by Rs 22.15 to Rs 527.05, BPCL rose by Rs 15 to Rs 643.90, Linde India rose by Rs 215.15 to Rs 9688.20, Indian Oil Corporation-IOC rose by Rs 1.95 to Rs 166.90.
Parag Milk falls Rs 29 to Rs 185: Godfrey Rs 227, Dodla Dairy Rs 52, Tasty Bite Rs 462
Funds sold FMCG shares at profits. After the quarterly results, shares of Parag Milk Foods fell by Rs 29.10 to Rs 185.45, shares of Godfrey Phillips fell by Rs 227.10 to Rs 3931.90, shares of Dodla Dairy fell by Rs 52.45 to Rs 958.90, Tasty Byte fell by Rs 462.35 to Rs 10,244.75, Jyoti Lab's shares fell by Rs 29.10 to Rs 10,244.75. Price of Nestle India fell by Rs 16.30 to Rs 431.40, Nestle India fell by Rs 34.25 to Rs 2467.95.
Selling in small cap shares: Selective rise in mid cap shares: 2316 shares closed negative
Funds and players were seen showing less caution in small cap shares today. Whereas there was a selective rise in midcap shares. Of the total 4087 stocks traded on BSE, the number of gainers was 1619 and the number of decliners was 2316.
FPI/FII sold net shares worth Rs 1875 crore: DII made net purchase of Rs 3549 crore
Foreign portfolio investors – FPIs, FIIs made a net sale of shares worth Rs 1874.54 crore in cash today on Tuesday. There were sales of Rs 19,555.55 crore against total purchases of Rs 17,681.01 crore. While DII-Domestic Institutional Investors made net purchases of shares worth Rs 3548.97 crore in cash today. There were sales of Rs 10,100.35 crore against total purchases of Rs 12,555.52 crore.
Investors' wealth in shares increased by Rs 2.27 lakh crore to reach a new record high of Rs 414.62 lakh crore.
In the shares today, due to buying of mid-cap and many A group shares against selling in small caps, the total wealth of investors i.e. the total market capitalization of companies listed on BSE increased by Rs 2.27 lakh crore in a single day and reached a new record high. Of Rs 414.62 lakh crore. Thus, the intra-day market capitalization crossed the five lakh crore mark today and finally reached Rs 4.98 lakh crore.