Rudra Investment SEBI Registered Advisory
The first trading day of the week, with the signals from the Asian markets, started with the rise in the Indian stock market. The market was supported by buying in realty, auto and metal stocks. There has been a surge of more than 250 points in the Sensex. The Nifty has crossed 10550. There has been a steady increase in the market by heavyweight Maruti, HDFC Bank, Reliance Industries, HUL, ONGC and HDFC by 1 percent. Phillips Sensex has gained 274 points to 34416 and Nifty is trading at 10569 with a jump of 78 points.
Earlier, the Sensex rose by 84 points to 34,226 points. The Nifty rose 36 points to 10,527 points.
Mid-Tap-Small Cap Strength
In the early business, midcap and smallcap stocks are getting bullish with large-cap stocks. The BSE mid-cap index has increased by 0.53%. Mid-cap stocks have been up in the Sense, GMR Infra, UBL, Crompton, Ashok Leyland, Jindal Steel, BEL, RPA, Amara Raja Batteries, Exide Industries, Page Industries, Muthoot Finance 1.27-3.05 percent.
The BSE Smallcap Index is up 0.69% at the same time.
The 30-share index rose by 343 points to close at 34,142 points, and the Nifty 108 points climbed to 10,491 points due to all-around purchase in Friday's trade.
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Asian markets. The index closed flat at 10,948 on Wednesday
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