Wednesday, 18 July 2018

Sensex At New High, Up 225 Points, Nifty Crosses 11050

Rudra Investment Free Share Market Tips expert says, Due to the rise in the global markets, softening of crude and recovery in rupee, the stock market is bullish on Wednesday. The Sensex, which opened at 36745 levels, rose by 225 points in business, which is all time high. At the same time, the Nifty is also at the level of 11074, with 66 points up. 

Shopping is showing in the market during business. All 11 indices on Nifty are doing business in the green mark. There is also good growth in the mid-caps and the smallcap index. On Tuesday, the stock market closed well on Tuesday.

What stocks fall, the boom in

Indiabulls Housing Finance, Bajaj Auto, Adani Ports, BPCL, Dr Reddy, IOC, HDFC, IOB, ICIL, Syntex, Corporation Bank and Rallies are accelerating during the business. At the same time, there is a decline in Wakranagi, ULL, Tata Steel, Bharti Airtel, Lupine, Vedanta, Ashok Leyland, Hathway, Parag Milk and Reliance Capital. Nifty is the fastest in IT stocks. There is also a purchase in the bank and auto. However, pharma and metal shares are under pressure.

Rupee recovers 3 paise to open

The third trading day of the week coincided with the beginning of the rupee. Rupee recovers 3 paise to 68.42 dollars per dollar against the dollar in the Forex market. Dollar demand due to dollar selling and weakness in crude by banks and exporters came in rupee recovery. 

At the same time, the rupee gained the advantage of the strengthening of the stock market on Tuesday. On Tuesday, the rupee had closed 12 paise higher at 68.45 against the dollar on Tuesday. However, the opening of the rupee was 18 paise stronger at 68.39 dollars per dollar.

The boom in global markets

Asian markets are showing steady growth on Wednesday. SGX Nifty is trading 35 points stronger. At the same time, 224 points in Nikkei 225, 10 points in the straight time, 90 points in hang Shang, 76 points in Taiwan weighted, 3.83 in Cospi and 9 digit increase in Shanghai composite. 

On Tuesday, the US markets were also tightened. Nasdaq closed at the record level of 7855 with a 49-point increase. At the same time, Dow Jones closed with a 56-point strength. On Tuesday, Europe's main markets FTSE, Cache 40 and DAX were closed in the green mark.

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