Friday, 16 March 2018

Sensex Breaks More Than 200 Points; Nifty Slips Below 10300, Rolls Banking Shares

Rudra Investment Stock Market Expert the signs of the global market started weakening on the Indian stock market on Friday. The fall in banking stocks showed on the market. In addition to banking, selling pressure in FMCG, IT, Metal and Finance Services stocks led to market pressure, so that the Sensex broke more than 200 points at the beginning of the business. The impact of heavyweight ONGC, SBI, Reliance Industries, Infosys, TCS, HDFC, ITC, HDFC Bank and Maruti remained on the market.



Midcap, small-cap shares rise

Midcap and smallcap stocks are getting shopping in comparison to large-cap stocks. The BSE mid-cap index has increased 0.25 percent. There has been a surge of 0.34 percent in BSE's Smallcap Index.
In mid-cap stocks, Vikrami, Shriram City Union, Berger Paints, M & M Finance, LTI, Glenmark, R Power, GMR Infra, Crompton, Petronet, Mfasis, RCom have increased 0.58-3.71%.

Pharma, Realty Index Boom, IT Bank Rolls Down

- The sectoral index is seeing an increase in pharma, media, realty, while IT, bank, metal, FMCG and auto are declining. Bank Nifty Index dropped 0.34 percent. On the other hand, the Nifty IT index is showing a weakness of 0.54 percent and 0.76 percent in the metal.
However, the Nifty Pharma index gained 0.54 percent, the media 0.56 and the Nifty Realty Index gained 0.73 percent.



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