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Friday 22 June 2018

Free Share Market Tips: Sluggish Start, Pressure On Pharma Stocks

Rudra Investment Free Share Market Tips expert says, On the last trading day of the week, domestic markets started with decline. There is the concern in the market about the growing trade war between the US and China. On the other hand, the eyes of the market are also visible on the outcome of the OPEC meeting in Vienna. OPEC member countries are meeting Vienna in Austria. It is led by Russia and Saudi Arabia. The results of the meeting will come in the evening today. Prior to this meeting, the prices of crude oil in Asian markets increased by more than 1 per cent.



At 9.30 am, the BSE Sensex was recorded at 34,421 with a slight decline of 11.56 points or 0.03 percent. At the same time, the Nifty 50 index was trading at 10,739 with a slight slowness of 1.90 points or 0.02 percent.

On Thursday the American stock markets ended the session with a red mark. Dow Jones lost 0.80 percent, while Nescd composites recorded a decline of 0.88 percent. S & P 500 Index dipped 0.63%

On Thursday the American stock markets ended the session with a red mark. Dow Jones lost 0.80 percent, while Nescd composites recorded a decline of 0.88 percent. S & P 500 Index dipped 0.63%

According to the Free Share Market Tips expert, Most of the index on the NSE was trading with the red mark. Pharma index breaks most Indexes slipped to 0.66 percent. Nine out of 10 stocks on the index were trading with decline, while only one stock showed strongness.

Mahindra & Mahindra shares rose 1.74 per cent to Rs 898.95 on the BSE Sensex. HDFC secured a level of 0.88 per cent and a level of Rs 1,870. The shares of ICICI Bank, ITC and Tata Steel were 0.67 per cent, respectively. 0.59 per cent and 0.55 per cent.

Coal India's shares plunged by 1.25 per cent to Rs 264.40. Reliance Industries achieved a level of 1.021 per cent with a slowdown of 1.07 per cent. Stocks of Asian Paints, State Bank of India and Adani Ports were 0.86 percent, respectively. 0.73 percent and 0.70 percent broken

Stocks of AstraZeneca Pharma made a jump of about 5 percent in the initial business. The company informed the stock exchanges that it has got permission to import and sell DAVUVILAB (IMFIGIY TM) in India from DCGI. 

Shares of Som Distilleries and Breweries (SDBs) jumped 5% The company informed the stock exchanges that it got approval for the production of IMFL. The company will build its subsidiary Woodpecker Distilleries and Brewers in Hassan, Karnataka.

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