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Tuesday 8 May 2018

Free Share Market Tips: Sensex Recovers 100 Points; Nifty Closes Around 10750, ICICI Bank Raises 7%

Free Share Market Tips expert report says the positive side of the global market, the domestic share market started on Tuesday. The Sensex opened at 35,350 with a surge of 142 points, while the beginning of the Nifty rose to 42 points with 10,758 levels. In early business, all sectoral indices including bank, auto are getting bullish.



Midcap, shopping in smallcap stocks

In mid-cap and small-caps, with large-cap, shopping is also being seen. BSE's mid-cap index has increased by 0.15 percent, while the Nifty mid-cap index has gained 0.23 percent. The BSE Small-Cap Index has gained 0.33%.

Mid-cap stocks include L & T Finance Holding, Nerolac Paints, ABB, PEL, Federal Bank, Ashok Leyland, Wockhardt Pharma, Mfasis, Indian Hotels, Divis Lab, Cummins India, Whirlpool, Muthoot Finance, TVS Motors, up 1.02-2.70 percent. However, PNB Housing, Vikranti, Exide, Adani Power, Crisil, MRPL, Reliance Infra and RCom fell 6.84% to 0.88%.

DII buyers, FII sold out

Free Share Market Tips believes In the business of Monday, Domestic Institutional Investors (DII) bought shares worth Rs 1037.23 crore in the domestic stock market. Foreign Institutional Investors (FII) sold shares of Rs 635.24 crore.

The boom in the US markets

On Monday, the US markets closed fast. Dao Jones closed at a level of 24,357 with a jump of 95 points. Nasdaq index climbed 56 points to end at 7,265 level. The S & P 500 index rose by 0.35 percent to 2,673 levels.

Midcap, shopping in smallcap stocks

According to the Free Share Market Tips In mid-cap and small-caps, with large-cap, shopping is also being seen. BSE's mid-cap index has increased by 0.15 percent, while the Nifty mid-cap index has gained 0.23 percent. The BSE Small-Cap Index has gained 0.33%.

Rupee opens with 4 paise weakness

There is a continuation of weakness in rupee. On the other side of the week, the rupee opened at a lower level of 15 months. The rupee depreciated by 4 paise to 67.17 against the dollar. On Monday, the rupee weakened to a 15-month low of 67.13 against the dollar.

DII buyers, FII sold out

In the business of Monday, Domestic Institutional Investors (DII) bought shares worth Rs 1037.23 crore in the domestic stock market. Foreign Institutional Investors (FII) sold shares of Rs 635.24 crore.
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