Markets Restart
Mumbai: Creating another record, with the highest
intra-day gains ever, the 30-share Sensex of the Bombay
Stock Exchange jumped 8.25 per cent or 371 points to close
at 4877.02 while the broader S&P CNX Nifty of the
National Stock Exchange rose 8.3 per cent to close at
1503.95.
Mutual funds have bought stocks worth nearly Rs 750 crore
in two days. According to SEBI data though foreign institutional
investors were net sellers on Monday, their gross purchases
for the day have exceeded Rs 1,200 crore.
Market Gainers
HDFC Bank, Wipro, IPCL, Bank of Baroda, Sterling Biotech,
Federal Bank, HDFC Bank and Bank of Baroda, PNB, Oriental
Bank, IOB, Bank of India, Andhra Bank, UCO Bank, Sundram
Fasteners, SKF Bearings, Exide Industries, Alstom
Market
Losers
L&T, BPCL
Market Counters
BSE 30
Figures in Rupees
Gain (+) / Loss (-)
ACC 253.50
+7.35
Bajaj Auto
877.45 +32.75
Bharti Televentures 146.75 +11.50
BHEL 437.70 +39.40
Cipla 238.80
+22.40
Dr Reddy 887.65
+100.00
GACL 285.15
+9.40
Grasim 1,069.85
+51.55
HDFC 591.60
+87.85
HDFC Bank
356.30 +70.05
Hero Honda 443.25
+36.00
Hindalco 925.70
+59.70
HLL 130.35
+10.10
HPCL 318.85
+4.05
ICICI Bank 260.90
+22.20
Infosys
4,886.75 +359.70
ITC 917.55 +89.55
L&T 444.55 -18.40
MTNL 120.95 +14.40
ONGC
639.25 +9.50
Ranbaxy 1,008.15 +38.50
Reliance 433.65 +30.05
Satyam 308.00
+14.90
SBI 490.85 +43.85
Tata Motors
401.75 +24.95
Tata Power 288.10
+26.55
TISCO 293.60
+31.05
Wipro 1,543.60
+281.75
Zee Tele
124.30 +3.65
Others
Maruti Udyog up Rs 47 at Rs 447
Balrampur Chini up Rs 23 at Rs 300
Bharti Tele up 8.50 per cent at Rs 146.75
Asian Electronics up 14.58 per cent at Rs 48.4
Gail up 32.83 per cent at Rs 171.55
Sesa Goa down 9.64 per cent at Rs 283.60
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Videshi
friends are very much around
Mumbai: According to data from the SEBI, FIIs have
bought securities worth Rs 2,216.6 crore on Friday and
Monday, the days the markets crashed the most. The gross
purchases of FIIs, for Monday, are Rs 1,236.4 crore, their
highest purchase on a single day in the last 25 days.
Mutual funds were net buyers through Friday registering
gross purchases of Rs 443.7 crore, against gross sales
of only Rs 102.14 crore, according to SEBI data.
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RBI:
Status quo on margins for loans against shares
Mumbai: The Reserve Bank of India has reduced the
margins for bank financing against shares from 50 per
cent to 40 per cent with immediate effect. In a statement
RBI said, "Based on the recommendations, the RBI
had decided to restore the status quo ante on margins
that banks have to maintain for financing against shares,
IPOs and issue of guarantees." It said the minimum
cash margin of 25 per cent (within the margin of 50 per
cent) stands reduced to 20 per cent.
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