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Tuesday 19 June 2018

Free Share Market Tips: Sensex Breaks More Than 150 Points, Nifty Closes Around 10,750

Rudra Investment Free Share Market Tips, On Tuesday, the signs of the global market have weakened the domestic market. The effect of growing trade war in the US and China is being seen on the markets across the world including India. Selling in IT, banking, realty stocks have put pressure on the market, causing the Sensex to break more than 100 points. 



The Nifty has slipped to 10,750 level. Heavyweight Infosys, HUL, Maruti, SBI, HDFC, ITC, Reliance Industries are under pressure on the market due to weakness in shares. At present, the Sensex is trading at 0.40 per cent and the Nifty is down 0.45 per cent.

The Sensex opened at a level of 35,552 with a slight margin of 4 points. On the other hand, the Nifty opened at 10,789 level with a fall of 10 points. In the initial trading, the Sensex slipped more than 70 points, while the Nifty has come closer to 10,760. All sectoral indices on NSE are doing business in red mark.

Midcap, smallcap stocks also fall

With weakness in the business, mid-caps and smallcap shares are also seen in the decline with large-caps. BSE's mid-cap index has dropped 0.30 percent, while the Nifty Midcap 100 index has declined by 0.61 percent. BSE's smallcap index is down 0.30 percent.

The rise in the pharma-metal index, IT-realty fall

Free Share Market Tips expert says, During the business, NSE is seeing weakness in all the important sectors except pharma and metal. Bank Nifty is trading at a level of 26,344.35 with a decline of 0.25 percent. On the other hand, IT, FMCG, auto, realty and PSU bank are showing off the index.

What stocks fall, the boom in

During the business, the Sensex has gained 0.52% to 0.70% on the Sensex in Bharti Airtel, Sun Pharma, ONGC, Tata Motors and Tata Steel. At the same time, shares of Infosys, HUL, Maruti, SBI, HDFC, ITC and Reliance Industries fell from 1.93 to 0.25 per cent.

Rupee recovers 1 paise with firmness

The second trading day of the week coincided with the slight increase. On Tuesday, the rupee gained 1 paise to 67.98 against the dollar. On Monday, the rupee closed at 67.99 level with modest strength of 2 paise, after a weakening weakness. The effect of geopolitical concerns on the move of the rupee and the trend of forex traders remained alert.

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