Rudra Investment provides Free Share Market Tips, The weak global signals are getting pressured into the domestic market. The impact of the trade war in the US and China has affected the market worldwide. Because of the increase in the trade war, investors are trading with vigilance. Deterioration in heavyweights Reliance Industries, HUL, HDFC, SBI, Infosys, HDFC Bank and Vedanta have increased the market pressure. At the same time, the auto sector has reached the red mark in all the sectoral indices on the NSE. At the moment, the Sensex dropped by 89 points to 35,544 and the Nifty fell 27 points to 10,791 levels.
Midcap, Smallcap Shares Fast
During the business, mid-cap and smallcap stocks are getting bullish. BSE's mid-cap index is trading 0.46 percent higher, while the Nifty mid-cap index has increased by 0.16 percent. However, the smallcap index of BSE is showing a slight decline of 0.05 percent.
Metal, realty, fall in banking stocks, auto rise
In the sectoral index, NSE is seeing weakness in banking, realty, IT and metal stocks. The worst decline is the 2.20 percent in the Nifty Metal Index. Bank Nifty is trading 0.15 percent down at 26,376.90 level. Auto index 0.26 percent and PSU bank index increased by 0.13 percent. However, the Nifty IT index fell by 0.10 per cent and the Realty Index slipped 0.45 per cent.
What stocks fall, the boom in
During the business, HUL, ITC, TCS, ICICI Bank, Sun Pharma, ONGC have increased from 0.13 to 1.56 per cent. On the other hand, Reliance Industries, Vedanta, HDFC Bank, SBI, Infosys, Tata Steel fell from 3.08 to 0.09 per cent.
Asian markets slumped due to the trade war
Free Share Market Tips expert says, The Asian market is trading with the downturn on Monday by gaining trade-war in the US and China. Singapore's SGX Nifty index is trading 0.31 percent down at 10,792 levels. Japan's market Nikkei is trading 0.83 percent down at 22,663 levels. The markets of China, Hong Kong, Taiwan and Indonesia are closed today. The Korean market index is trading 0.83% down at 2383 level, while the Straits Times is slipping 1.49% to 3307 levels.
The weaker beginning of rupee
The rupee weakened on the first trading day of the week on Monday. Rupee drops by 15 paise to 68.16 against dollar On Friday, the rupee had lost 39 paise to 68.01 per dollar, which was three weeks low of the rupee. Earlier on May 24, the rupee had reached this level in the forex market.
Crude prices touch $ 73.44 a barrel
Crude prices have fallen to $ 73.44 a barrel in the international market. Talking about the past 1 month, crude has been cheaper from $ 80.50 per bargain to $ 7 a barrel. At the same time, there are signs of consensus on June 22 to increase crude production in the meeting of OPEC countries. On the other hand, the production has increased in the US. Thus, the price of crude is not expected to rise till June 22. Consumers can get the benefit of this.
Midcap, Smallcap Shares Fast
During the business, mid-cap and smallcap stocks are getting bullish. BSE's mid-cap index is trading 0.46 percent higher, while the Nifty mid-cap index has increased by 0.16 percent. However, the smallcap index of BSE is showing a slight decline of 0.05 percent.
Metal, realty, fall in banking stocks, auto rise
In the sectoral index, NSE is seeing weakness in banking, realty, IT and metal stocks. The worst decline is the 2.20 percent in the Nifty Metal Index. Bank Nifty is trading 0.15 percent down at 26,376.90 level. Auto index 0.26 percent and PSU bank index increased by 0.13 percent. However, the Nifty IT index fell by 0.10 per cent and the Realty Index slipped 0.45 per cent.
What stocks fall, the boom in
During the business, HUL, ITC, TCS, ICICI Bank, Sun Pharma, ONGC have increased from 0.13 to 1.56 per cent. On the other hand, Reliance Industries, Vedanta, HDFC Bank, SBI, Infosys, Tata Steel fell from 3.08 to 0.09 per cent.
Asian markets slumped due to the trade war
Free Share Market Tips expert says, The Asian market is trading with the downturn on Monday by gaining trade-war in the US and China. Singapore's SGX Nifty index is trading 0.31 percent down at 10,792 levels. Japan's market Nikkei is trading 0.83 percent down at 22,663 levels. The markets of China, Hong Kong, Taiwan and Indonesia are closed today. The Korean market index is trading 0.83% down at 2383 level, while the Straits Times is slipping 1.49% to 3307 levels.
The weaker beginning of rupee
The rupee weakened on the first trading day of the week on Monday. Rupee drops by 15 paise to 68.16 against dollar On Friday, the rupee had lost 39 paise to 68.01 per dollar, which was three weeks low of the rupee. Earlier on May 24, the rupee had reached this level in the forex market.
Crude prices touch $ 73.44 a barrel
Crude prices have fallen to $ 73.44 a barrel in the international market. Talking about the past 1 month, crude has been cheaper from $ 80.50 per bargain to $ 7 a barrel. At the same time, there are signs of consensus on June 22 to increase crude production in the meeting of OPEC countries. On the other hand, the production has increased in the US. Thus, the price of crude is not expected to rise till June 22. Consumers can get the benefit of this.
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