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Tuesday, 29 May 2018

Free Share Market Tips: Sensex Plunges 50 Points, Nifty Up 10650, IT Stocks Rises

Rudra Investment Free Share Market Tips expert report, the domestic market started sluggishly on Tuesday as the indices from the Asian markets with Global were down. The Sensex, where it gained 48 points, opened at a level of 35,213. The nifty flat open at 10,689 level. In the initial trading, the Sensex has broken up to 50 points. Among the sectoral indices on the NSE is just looking up the IT Index, while looking bank, metal, weakness in pharma and realty index.




Midcap, weakness in small-cap stocks

Midcap and Smallcap stocks with Larjkap are also seeing weakness. The BSE Midcap Index was down 0.14 percent, while the Nifty Midcap has broken 100 Index 0.33 percent. BSE's Smallcap Index is trading 0.07 percent with weakness.

Midcap stocks include Vikranti, Bank of India, NLC India, LIC Housing Finance, Ajantha Pharma, SJVN, Union Bank, Wockhardt Pharma, Canara Bank, M & M Finance, down by 5 to 1.47 percent. However, RCom, IGL, Adani Power, HUDCO, Bajaj Holding, Central Bank, Indian Hotels, Cholamandalam Finance, Petronet and Havels increased from 0.87 to 2.94 percent.

Only IT index boom on NSE, PSU breaks most in bank

Free Share Market Tips expert report In the sectoral index, only Nifty IT index is showing an increase of 0.63% on the NSE. The rupee has weakened in IT stocks. Bank Nifty is trading at a level of 26,459.70 with a decline of 0.58 percent. FMCG index was 0.51%, the media index was up 0.81%, the metal index 0.15%, the pharma index 0.91%, the PSU bank index 1.32% and the realty index dropped 0.40%.
However, with the fall in crude prices, BSE's oil and gas index is trading with a rise of 0.27 percent.

What stocks fall, the boom in

During the turnover, L & T, TCS, Maruti, Tata Motors, NTPC, Bharti Airtel, Powergrid, M & M, Coal India and Infosys increased by 0.28 percent to 3.23 percent. ICICI Bank, SBI, Sun Pharma, ITC, HDFC, Reliance Industries, ONGC fell by 1.67 to 0.28 percent.

DII buyers, FII sold out

Buy Domestic Institutional Investors (DII) shares worth Rs 1017.65 crore in the domestic stock market in Monday trading, while foreign institutional investors (FIIs) pulled out Rs 795.06 crore market.

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