Mumbai: The uncertainty over the early end of the war in Ukraine had a negative impact on the global markets today, while Russian President Putin yesterday expressed his desire to negotiate with the US President, provided that there were some difficult conditions. On the other hand, with the Indian stock markets being in oversold position and the end of the financial year 2024-25, the process of boom continued for the second consecutive day as funds, high net worth investors and players continued to take profit and loss entries before the end of March and valued the good shares sold in the last few days. Along with this, today foreign portfolio investors (FPIs, FIIs) also strengthened, as they became pure buyers with short coverings in stocks from pure sellers in cash, which affected the stalled rapid rise. The stores of capital goods continued to rose aggressively, while healthcare-pharma, metal-mining, consumer durable items and banking shares remained attractive. The Sensex rose to 75,568.38 and finally rose 147.79 points to close at 75,449.05. The Nifty climbed 50 points to 22,940.70 points and finally climbed 73.30 points to close at 22,907.60 points.
India Dynamics increased by Rs 72, Rs 20 in railway development, Rs 42 in Titagrah, Rs 717 in LMW.
The funds made aggressive purchases in the stocks of capital goods for the second consecutive day today. India’s dynamics increased from Rs 1198.25 to Rs 1198.25. 70 to 15,980 rupees increased to Rs. .70 to Rs. 93.80 has increased to Rs 5202.45, Larsen & Tubro increased by Rs 47.75 to Rs 3318.80, India Electronics increased by Rs 4.75 to Rs 289.95, Kalpataru Power increased by Rs 15.70 to Rs 924. The BSE Capital Goods Index rose 1330.48 points to close at 60768.04.
Bounce in healthcare shares: SMS Pharma, Indraprastha Medi, Max Health, Walkhart, Ami Organics boom
For the second consecutive day, shares of healthcare-pharmacical companies saw a widespread basis. SMS Pharma increased by Rs 20.40 to Rs 211.60, Indraprastha Medi rose by Rs 32.65 to Rs 387.65, Max Health increased by Rs 67.55 to Rs 1085, Suven increased by Rs 6.20 to Rs 124.45, Walkhart increased by Rs 67.65 to Rs 1421.60, The Medi Made Rs 6.6500, Rs 6.650, Rs 6.65.40, Rs 6.65.40. 97.85 increased to Rs 2358.10, Decle rose by Rs 9.55 to Rs 226.50, Solara increased by Rs 24.20 to Rs 508.45. The BSE Healthcare Index rose 509.05 points to close at 40,985.80.
Hindustan Zinc jumped at Rs 17 to Rs 454: SAIL, APL Apollo, attraction in NMDC
Metal-mining stocks remained attractive today amidst the expectation of incentive package from China and recommendations to increase import duty on steel. Hindustan Zinc’s stock rose by Rs 17.60 to Rs 454.20 amid reports of Vedanta partition amid reports of NSE, BSE fined Hindustan Zinc. SAIL rose to Rs 4.35 to Rs 113.25, APL Apollo increased by Rs 54.90 to Rs 1488, NMDC increased by Rs 1.92 to Rs 68.77, Tata Steel rose by Rs 3.90 to Rs 158.55, Coal India increased by Rs 6.65 to Rs 395.75, JSW Steel increased to Rs 1032 to Rs 1032. The BSE Metal Index rose 428.65 points to close at 31,019.80.
Consumer durables shares continue to strengthen: Dixon rose by Rs 115 to Rs 13,433: Campton, Voltas boom
The funds continued to shop in select consumer sustainable goods shares even today. Dixon technology increased by Rs 114.95 to Rs 13,433.25, Crumpton increased by Rs 5.95 to Rs 349.55, Voltas increased by Rs 23.75 to Rs 1424.40, Kalyan Jewelers increased by Rs 2.60 to Rs 433.30. The BSE Consumer Durables Index rose 754.33 points to close at 55,191.31.
Attraction in banking shares: Yes Bank, Federal Bank, BOB, Canara Bank, IndusInd Bank
Today funds were making favorable purchases in banking shares. Yes Bank increased by 59 paise to Rs 17.03, Federal Bank increased by Rs 5.95 to Rs 186.20, Bank of Baroda increased by Rs 4.30 to Rs 213.75, Canara Bank increased by Rs 1.64 to Rs 85.56, IndusInd Bank increased by Rs 10.65 to Rs 692.35, State Bank of India increased by Rs 745.05. The BSE Bankcax index rose 331.23 points to close at 57,141.06.
IT shares rise up: Sanskain Rs 75, Mastac Rs 120, Tech Mahindra Rs 35, TCS Rs 56
After the recession in Nasdaq, the boom of IT-software services and technology shares again stopped again. Sanskain fell at Rs 75.15 to Rs 1415, Mastac fell by Rs 120.50 to Rs 2318.85, Tech Mahindra fell by Rs 34.80 to Rs 1396.35, TCS falls at Rs 55.50 to Rs 3497.15, HCL Technologies fell by Rs 15 to Rs 1543.50 to Rs 1543.40 to Rs. 754.40. However, the LTI Mindatry fell by Rs 83.10 to Rs 4364.65.
Widespread rise in funds, small, medium and A group shares: 2986 shares closed positively
Today the market stance was extremely positive, as investors with funds, operators, players and high net worth saw a widespread growth in several shares of small, middle and A group. Out of a total of 4166 shares done on BSE, 2986 were in profit and 1068 depreciation shares.
Investors’ assets increased in shares – market capitalization increased by Rs 5.15 lakh crore to Rs 405 lakh crore
The continuing boom in Sensex and Nifty -based funds, the incorporated assets of investors i.e. the BSE’s included market capitalization increased by Rs 5.15 lakh crore to Rs 405 lakh crore in a single day, while the shares of small and medium companies included in that group continued to have an aggressive rise for the second day.
FPI/FII sold shares worth Rs 1096 crore: DII bought Rs 2141 crore
Foreign portfolio investors (FPI), FII started selling in shares on Wednesday, today they made a net sale of shares worth Rs 1096.50 crore in cash. While the domestic institutional investor (DII) was today a net buyer of Rs 2140.76 crore.
