Rudra Investment Free Share Market Tips expert says, Due to weakness in the global market and rupee depreciation, the domestic stock market also closed on Thursday. At the end of the trading, the Sensex closed 71 points down at 35575 level. At the same time, the Nifty closed at a level of 10750 with a decline of 20 points. There is a decline in metal, pharma, IT and realty stocks during the business.
Right now, after AGM, RIL has registered a weakness of 1 per cent. On Wednesday, the Sensex closing 267 points at 35645 level. At the same time, the Nifty also closed at the 10769 level with an increase of 70 points.
What stocks fall, the boom in
During the turnover, BPCL, Yes Bank, Hindustan Petroleum, Mahindra & Mahindra, Muthoot Finance, FLFL, CESC have risen 4%. At the same time, Infosys, Tata Motors, RIL, Titan, Infratel, Airtel, Vedanta Limited, Vakrangi, Quality and Idea fall by 5 percent.
Sharp fall in metal stocks
Deterioration of the metal stocks continues during the business. The metal index is down 1.35 percent on the Nifty. On the other hand, 1.33 per cent in Pharma Index, 1.80 per cent in reality index, 1.22 per cent in IT index and 0.50 per cent fall in PSU bank index. Bank Nifty Index, Private Bank Index, Auto Index and FMCG Index are up 1 percent faster.
Rupee opens with 6 paise weakness
There was a weak start in Rupee on Thursday. At the start of the business, the rupee opened at a record low of 68.80 per dollar with a weakness of 6 paise. Rise in crude prices and rupee weakening with the government hoping to increase inflation due to increased MSP of Kharif crops. Apart from this, demand for the dollar by importers and some corporates is also under pressure. Earlier on Wednesday, the rupee was closed with a fall.
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