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Friday 4 May 2018

Free Share Market Tips: Sensex Falls 100 Points, Nifty Below 10,650, IT Stocks Broken

Free Share Market Tips expert report says, Signs from the Global Markets coincided with the start of the domestic stock market on Friday. After opening with the rise, weakness in the market has dominated. Deterioration in the bank, IT, oil & gas, power, auto, metal and pharma stocks increased market pressure. However, buying is seen in FMCG, PSU Bank, Realty and Capital Goods shares. On the other hand, heavyweights like Infosys, Sun Pharma, Reliance Industries, Maruti, HDFC and ICICI Bank are seen selling. At the moment, the Sensex is trading 0.33% and the Nifty is falling 0.40%.




Earlier, the Sensex rose by 42 points to 35,145 level. At the same time, the Nifty started at the 10,700 level with an increase of 21 points.

Midcap, shopping in smallcap stocks

Mid-cap and small-caps are available for purchase during the business. BSE's mid-cap index has gained 0.19 percent, while the Nifty mid-cap 100 index has gained 0.08 percent. BSE's Smallcap index is trading 0.14 percent higher.

In mid-cap stocks, L & T Finance Holdings, RCom, Tata Chemicals, Godrej Industries, PGH, Nerolac Paints, Federal Bank, Home Finance, Reliance Capital, BEL have increased by 1.24-3.29 percent.

PSU bank shares fall, IT stocks decline

Free Share Market Tips expert says in today's turn, IT, auto, pharma, oil & gas and metal stocks are among the worst weaknesses. On the NSE, the metal index was 1.08 percent, the IT index 0.84 percent, the pharma index was down 0.76 percent. However, during this time of business, buying is seen in reality and PSU banks.

American market closed

In Thursday's trade, the American markets were closed. Dao Jones closed at a level of 23,930, with a slight increase of 0.02 percent. The Nasdaq index closed 0.18 percent down at 7,008 levels. The S & P 500 index fell 0.23 percent to close at 2,630.

FII and DII sold off

Domestic Institutional Investors (DII), along with Foreign Institutional Investors (FII) in Thursday's turnover, also sold out in the domestic market. FIIs sold shares of Rs 148.42 crore. At the same time, FIIs withdrew Rs 578.92 crore from the market.

J. Kumar Infraprojects got orders, stock up 3%

J Kumar Infra got an order worth Rs 445 crore for the Pune Metro project. Stocks rose by 2.37 percent to 285 level due to the news of getting orders.

Rupee falls by 1 paisa

The last trading day of the week coincided with the fall of the rupee. Rupee falls 1 paise to 66.65 against dollar On Thursday, there was an increase in rupee gains. The rupee was closed at 66.64 with the strength of 2 paise against the dollar.

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