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Thursday, 31 May 2018

Free Share Market Tips: Sensex Recovers 100 Points, Below Nifty 10650

Rudra Investment provides Free Share Market Tips for the Global Markets and the rise in Asian markets led to the start of the domestic stock market on Thursday. In this fast-moving environment, the Nifty managed to cross 10,650, while the Sensex gained about 250 points. 




However, after the pressure on the market due to weakness in heavyweight TCS, SBI, ICICI Bank, Sun Pharma and Maruti, the Sensex has lost some of its leaders. The market has got support from HDFC Bank, Coal India, HDFC, Reliance Industries, ONGC, HUL, Infosys. At the moment, the Sensex has gained 0.23% and the Nifty has gained 0.21%.


Earlier, the Sensex gained 178 points to open at 35,084 level. The Nifty opened at a level of 10,670 with a jump of 56 points. In this fast-moving environment, the Nifty managed to cross 10,650, while the Sensex gained about 250 points.

Shopping in Midcap-Smallcap Shares

Free Share Market Tips expert says shopping is also seen in mid-caps and smallcap stocks. The BSE Mid-Cap Index has increased 0.38%, while the Nifty Midcap 100 Index has also gained 0.46%. BSE's Smallcap Index has gained 0.33%.

Among the mid-cap stocks, RCom, R Power, Reliance Capital, Central Bank, Reliance Infra, Reliance Nippon, Torrent Pharma, Home Finance, Shriram City Union, PEL, AU Bank, National Aluminum, Sale and Ashok Leyland increased from 1.01 to 14.86 percent.

PSU bank, weakness in pharma stocks, IT boom

According to the Free Share Market Tips expert report During the business, banks, financial services, IT, FMCG, metal stocks are looking to buy. The Bank Nifty Index is trading at 26,405.20 with an increase of 0.29%. However, the pressure is seen in PSU banks, auto, pharma and realty stocks.

FII sells, DII buyers

In Wednesday's trade, Foreign Institutional Investors (FIIs) sold shares worth Rs 1286.91 crore in the domestic market. However, Domestic Institutional Investors (DII) bought shares of Rs 492.64 crore.

Rohan, Dao Jones returns 306 points in US markets

On Wednesday, the US markets gained momentum. In Wednesday's trade, Dow Jones closed at a high of 24,668 with a gain of 306 points. Nasdaq closed at a level of 7,462 with a jump of 66 points. The S & P 500 Index climbed 34 points to 2,724 levels.

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