Rudra Investment Free Share Market Tips expert report The domestic market started dull on Tuesday. Before the RBI decision, the pressure in the market is being seen. The Sensex, which gained 18 points, opened at 35,029 levels. The Nifty also rose 2 points to 10,631 levels. The market broke out in early trading with weakness in auto, metal and realty stocks, causing the Sensex to fall more than 50 points. Whereas the Nifty has reached close to 10600. Midcap stocks are also showing weakness with large-caps.
Midcap, the pressure in smallcap stocks
In midcaps and smallcap stocks, with large-cap, the pressure is also getting noticed. BSE's mid-cap index has dropped 0.05 percent, while the mid-cap 100 index of Nifty is flat. BSE's small-cap index has broken about 0.64 percent.
Sugar sector raises 7% stock with the possibility of the relief package
Free Share Market Tips expert says The central government can announce a package of about 80 billion rupees for outstanding payment to sugarcane farmers. This package will be in addition to the financial help of 5.50 paise per quintal on sugarcane. From this, sugar stocks got bullish during the business. Balrampur Sugar, Bannari Aman Sugar, Ogg Sugar Works, Shakti Sugars, Uttam Sugars, Awadh Sugars and Engineering increased from 4.78 percent to 7.22 percent.
RCom declines more than 6%, the impact of not paying interest on NCD
The shares of debt-ridden telecom firm Reliance Communications (RCom) have fallen by more than 6 per cent. According to the information given to the exchange, till the completion of the restructuring, the company will not suffer interest on NCT. On Tuesday, RCom's stock fell 6.34 percent to Rs 14.75.
FII sells, DII sells
On Monday, Foreign Institutional Investors (FII) bought 2354.03 crores in the domestic market. At the same time Domestic Institutional Investors (DII) sold 712.41 crore rupees.
Midcap, the pressure in smallcap stocks
In midcaps and smallcap stocks, with large-cap, the pressure is also getting noticed. BSE's mid-cap index has dropped 0.05 percent, while the mid-cap 100 index of Nifty is flat. BSE's small-cap index has broken about 0.64 percent.
Sugar sector raises 7% stock with the possibility of the relief package
Free Share Market Tips expert says The central government can announce a package of about 80 billion rupees for outstanding payment to sugarcane farmers. This package will be in addition to the financial help of 5.50 paise per quintal on sugarcane. From this, sugar stocks got bullish during the business. Balrampur Sugar, Bannari Aman Sugar, Ogg Sugar Works, Shakti Sugars, Uttam Sugars, Awadh Sugars and Engineering increased from 4.78 percent to 7.22 percent.
RCom declines more than 6%, the impact of not paying interest on NCD
The shares of debt-ridden telecom firm Reliance Communications (RCom) have fallen by more than 6 per cent. According to the information given to the exchange, till the completion of the restructuring, the company will not suffer interest on NCT. On Tuesday, RCom's stock fell 6.34 percent to Rs 14.75.
FII sells, DII sells
On Monday, Foreign Institutional Investors (FII) bought 2354.03 crores in the domestic market. At the same time Domestic Institutional Investors (DII) sold 712.41 crore rupees.
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