The Stock Market Expert report says the index of the global market started weak on the domestic market on Wednesday. Global market weakened due to US President Donald Trump's separation from Iran and economic sanctions on Iran. Sensex lost 18 points to open at 35,198 level. On the other hand, the Nifty slipped 24 points and opened at 10,639. In the initial trading, the Sensex has slipped more than 50 points. The sectoral index on NSE is seeing IT, metal and pharma boom while banks, FMCG, really are doing business in red mark.
The pressure in the mid-caps, the light boom in the small pack
According to the Stock Market Expert, There is a decline in mid-caps during the business, while smallcap stocks have a slight upside. BSE's mid-cap index has broken 0.16 percent, while the Nifty Midcap 100 Index has declined by 0.18 percent. However, the BSE's Smallcap index rose by 0.07 percent.
Among the mid-cap stocks, IDBI, National Aluminum, LTI, PNB Housing, Reliance Naval, ABFRL, Mfasis, Central Bank and Jindal Steel have increased by 0.972.38%.
US market closes flat
On Tuesday, a mixed business deal in the US markets was seen from the news of US President Donald Trump being separated from the nuclear deal with Iran and imposed sanctions on Iran. Dao Jones closed at a low of 24,360 with a marginal increase of 0.01 percent. At the same time, the Nasdaq Index was flat at the level of 7,267. The S & P 500 index fell by 0.03 percent to 2,672 levels.
DII buyers, FII sold out
Domestic Institutional Investors (DII) bought shares worth Rs 923.25 crore in the domestic stock market in Tuesday's turnover. Foreign Institutional Investors (FIIs) sold shares of Rs 97.15 crore.
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The pressure in the mid-caps, the light boom in the small pack
According to the Stock Market Expert, There is a decline in mid-caps during the business, while smallcap stocks have a slight upside. BSE's mid-cap index has broken 0.16 percent, while the Nifty Midcap 100 Index has declined by 0.18 percent. However, the BSE's Smallcap index rose by 0.07 percent.
Among the mid-cap stocks, IDBI, National Aluminum, LTI, PNB Housing, Reliance Naval, ABFRL, Mfasis, Central Bank and Jindal Steel have increased by 0.972.38%.
US market closes flat
On Tuesday, a mixed business deal in the US markets was seen from the news of US President Donald Trump being separated from the nuclear deal with Iran and imposed sanctions on Iran. Dao Jones closed at a low of 24,360 with a marginal increase of 0.01 percent. At the same time, the Nasdaq Index was flat at the level of 7,267. The S & P 500 index fell by 0.03 percent to 2,672 levels.
DII buyers, FII sold out
Domestic Institutional Investors (DII) bought shares worth Rs 923.25 crore in the domestic stock market in Tuesday's turnover. Foreign Institutional Investors (FIIs) sold shares of Rs 97.15 crore.
For More Info Visit Here: http://www.rudrainvestment.com/stock_cash.php
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