Share Market Trading Tips Expert report says After strong start of Asian markets, the Sensex rose 32 points and the Nifty rose 16 points to 10586 on Thursday. However, in a while the strength increased further. At present, the Sensex is trading at 34574 with a strength of 73 points. On the same day, after the weak results and poor guidance issued, the stock of Wipro, the country's third largest IT company, fell 4 percent and opened.
Wipro stock broken 4 percent
After poor results and stable guides, very wide sales were seen in Wipro and the stock fell almost 4 percent to Rs 276. On Wednesday, the company released the results of the January-March quarter, in which its profit fell almost 7 percent to Rs 1,800 crore. At the same time, the company gave stable guidance for the next quarter. It has a huge impact on Wipro's stock.
The reasons for the market are fast
According to Share Market Trading Tips Expert, due to expiry, due to short covering in the market, it is getting faster.
-Domastic Institutional Investors continue to be consistent with buying and buying signals from Asian markets.
Bluechip stocks such as M & M, TCS, Tata Steel, Yes Bank, RIL, HUL, Infosys, HDFC Bank and SBI are getting a boost of up to 1 per cent. This gives support to the market.
Metals and Pharma Indexes Most Held
During the early trade, metal index rose by 0.73 percent. In this index, 5% of Hindalco, Vedanta and JSW Steel were getting around 3-3% faster.
Pharma index is trading 0.57 per cent higher. Pharma stocks are trading in Biocon, Cadila, Dr. Reddy's, Arvindo Pharma with 1-2 percent growth.
For More Info Visit Here: https://www.rudrainvestment.com/free_trail.php
Wipro stock broken 4 percent
After poor results and stable guides, very wide sales were seen in Wipro and the stock fell almost 4 percent to Rs 276. On Wednesday, the company released the results of the January-March quarter, in which its profit fell almost 7 percent to Rs 1,800 crore. At the same time, the company gave stable guidance for the next quarter. It has a huge impact on Wipro's stock.
The reasons for the market are fast
According to Share Market Trading Tips Expert, due to expiry, due to short covering in the market, it is getting faster.
-Domastic Institutional Investors continue to be consistent with buying and buying signals from Asian markets.
Bluechip stocks such as M & M, TCS, Tata Steel, Yes Bank, RIL, HUL, Infosys, HDFC Bank and SBI are getting a boost of up to 1 per cent. This gives support to the market.
Metals and Pharma Indexes Most Held
During the early trade, metal index rose by 0.73 percent. In this index, 5% of Hindalco, Vedanta and JSW Steel were getting around 3-3% faster.
Pharma index is trading 0.57 per cent higher. Pharma stocks are trading in Biocon, Cadila, Dr. Reddy's, Arvindo Pharma with 1-2 percent growth.
For More Info Visit Here: https://www.rudrainvestment.com/free_trail.php
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