Mumbai: Indian stock markets once again became prosperous on Dhanteras. As foreign portfolio investors (FPIs) continued selling in stocks and Samvat 2080 was coming to an end, retail investors were also cautious about a major correction in stocks and portfolio values declined by 25 to 30 per cent during this period. Decline. The market took a U-turn today with heavy buying by funds in banking-finance stocks and selective buying in capital goods, consumer durables, metal stocks amid decline. In the opening session, Sensex fell 583.69 points to 79421.35, following heavy selling in automobile stocks including Tata Motors, Maruti Suzuki, Hero MotoCorp, Bajaj Auto and healthcare, IT stocks, followed by State Bank of India, ICICI Bank, Bajaj Finserv. , Bajaj Finance, Axis Bank along with Capital Goods, Power Shares NTPC, Larsen & Toubro, Power Grid Corporation rose sharply. Sensex digested the fall and touched 80450.48 and finally closed 363.99 points higher at 80369.03. While the Nifty 50 spot initially fell 193.30 points to hit a low of 24140.85, it recovered from the fall to reach a high of 24484.50 and finally closed 127.70 points higher at 24466.85. Global markets remained overall strong with recovery after a 6 per cent fall in global crude oil prices.
Aggressive rise in banking stocks: State Bank up by Rs 40 at Rs 833: Federal Bank, ICICI rise
Funds rallied aggressively in banking-finance stocks today. State Bank of India increased by Rs 40.60 to Rs 832.65, Federal Bank increased by Rs 16 to Rs 200.70, ICICI Bank increased by Rs 39.75 to Rs 133.40, Bank of Baroda increased by Rs 4.70 to Rs 254.60, Axis Bank increased by Rs 15.35 to Rs 1186. , HDFC Bank rose by Rs 16.70 to Rs 1751.
Among finance stocks, Poonawala Fincorp, HUDCO, Home First, Bajaj Twins, Mannapuram, MCX were up.
Funds were buying aggressively in financial services stocks today. Poonawalla Fincorp up Rs 19.50 to Rs 339.40, Home First up Rs 90.90 to Rs 1193.80, Mannapuram Finance up Rs 12.40 to Rs 155.95, Monarch up Rs 18.10 to Rs 417.05, Bajaj Finserv up Rs 37.7 Rs 0 increased to Rs 1767.85, Bajaj Finance 111.30 Rs 7018.70 up, Centrum up Rs 1.37 to Rs 33.35, MCX up Rs 272.25 to Rs 6834.25, ABSL AMC up Rs 28.70 to Rs 787.05, HDFC Life up Rs 25.45 to Rs 743.15, Policy Bazaar up Rs 51.35 to Rs 1711, Motilal Oswal 2 Rs 8.15 increased to Rs. 947.95.
Kalpataru Power rises Rs 80 to Rs 1261 among capital goods stocks: BEL, LMW, Siemens rise
Funds were also making selective purchases in capital goods and power stocks today. Kalpataru Power increased by Rs 80.10 to Rs 1261.35, BEL increased by Rs 13.65 to Rs 283.60, LMW increased by Rs 658.45 to Rs 16,496, Siemens increased by Rs 5.15 to Rs 234.95. Rs 0, ABB India up Rs 155.60 to 7493.05 Rs, Grindwell rose by Rs 38.55 to Rs 2130, Hindustan Aeronautics rose by Rs 125.75 to Rs 4276.75, Larsen & Toubro rose by Rs 40.80. Rs 3380.90, Bharat Forge rose by Rs 15.70 to Rs 1378.80.
Spending money in auto stocks: Maruti Suzuki fell by Rs 472, Tata Motors fell by Rs 36, Hero by Rs 140.
Funds saw big selling in automobile stocks today. Maruti Suzuki fell by Rs 472.20 to Rs 11,010, Tata Motors fell by Rs 35.65 to Rs 843.05, Hero MotoCorp fell by Rs 139.90 to Rs 4785.65, Tube Investments fell by Rs 91.30 to Rs 4564.80, Bajaj Auto fell by Rs 4564.80. .157.95 fell to Rs 9849.95, Mahindra & Mahindra fell by Rs 37.85 to Rs 2743.35, Balkrishna Industries fell by Rs 18.20 to Rs 2909. BSE Auto index fell 828.64 points to close at 53728.49.
Among consumer stocks, Dixon Technology rises Rs 689 to Rs 14932: Blue Star, Amber attract
Funds were also buying stocks of consumer durables companies today. Dixon Technology rose by Rs 689.35 to Rs 14,931.60, Blue Star rose by Rs 23.90 to Rs 1847, Rajesh Exports rose by Rs 2.85 to Rs 245.50, Voltas rose by Rs 8.30 to Rs 1770.50, Havells India rose by Rs 7.10 to Rs 167. became Rs 5.90 .
Mapmy India Rs 64, Control Print Rs 50, Signity, Amudra, Infosys, KPIT Down
Profit booking was also seen in IT-software services, technology stocks. Control Print fell by Rs 50 to Rs 729.95, Mapai India fell by Rs 63.80 to Rs 1862.60, Imudra fell by Rs 16.90 to Rs 1211, Infosys fell by Rs 10 to Rs 1838.75, KPIT fell by Rs 16 to Rs 13. 67.80 Rupee, Happiest Mind fell by Rs 4.85 to Rs 762.30.
Funds again made selective buying of small, mid-cap stocks: Market breadth positive: 2189 shares closed positive
Market condition turned positive today as operators, players, funds again made selective buying in small, mid cap stocks. A total of 3991 shares were traded in BSE, out of which the number of gainers was 2189. While the number of incidents was 1679.
Samvat 2081: Muhurat trading session will be held on Friday, November 1 at 6 pm in NSE, BSE.
National Stock Exchange (NSE), Bombay Stock Exchange (BSE) will conduct Muhurat trading session for Diwali New Samvat 2081 on Friday 1 November 2024 evening. This one hour trading session will run from 6 pm to 7 pm. Pre-opening session will be held from 5.45 pm to 6.00 pm.
Net sales in cash by FPIs/FIIs Rs 548 crore: Net purchases by DIIs Rs 730 crore
Foreign portfolio investors (FPIs), FIIs made a net sale of shares worth Rs 548.69 crore in cash today-Tuesday. There were sales of Rs 16,057.19 crore against total purchases of Rs 15,508.50 crore. While DII-domestic institutional investors bought shares worth a net Rs 730.13 crore today. There were sales of Rs 12,093.64 crore against total purchases of Rs 12,823.77 crore.