Monday, 1 October 2018

Free Share Market Tips: Sensex Plunged 150 Points, Kotak Bank Dropped 12%

We provide best Free Share Market Tips, On the first day of the week, the market started weakening on the signs of the global market. The Sensex is trading 132 points down at 36,094 level. The Nifty slips 44 points and is trading at 10,886 levels. Deterioration in banking, auto, metal, pharma and realty stocks has put pressure on the market. Declines from heavyweight stocks, Kotak Bank, Yes Bank, IndusInd Bank, Sun Pharma, RIL, ONGC, Maruti, have gone deeper.

What stocks fall, boom in

TCS, ICICI Bank, Infosys, HDFC Bank, Asian Paints, Wipro, ITC, HDFC, HUL, SBI, Coal India are the other major gainers during the business. However, there is a decline in Kotak Bank, IndusInd Bank, Tata Steel, Vedanta, Sun Pharma, Reliance, Maruti, ONGC, M & M.

Large drop in mid-caps-smallcap stocks

In the early business, there is a big drop in mid-caps and smallcap stocks. BSE's mid-cap index has fallen 1.47 percent, while the Nifty Midcap 100 Index has rolled 1.32 percent. BSE's Smallcap Index is trading 1.47 per cent downward.

FMCG-IT gains, metal-pharma and realty fall

FMCG, IT and PSU Bank are seeing a surge in the sectoral index on NSE. Bank Nifty is trading 0.62% down at 24,963.20 level. In Pharma, 1.03%, Realty Index was up 1.16%, Auto 0.60% and Metal 0.36%. However, the FMCG index increased by 0.23%, IT index 0.85% and PSU bank index 0.64%.

Infibeam shares break 46 percent

Infibeam's share was down 46 percent on Monday after 70 percent of its trading fell. The Free Share Market Tips share price on BSE fell by 46 percent to the lowest level of Rs 38.40, which is a new low level of 52 weeks. The reason for this is the Whatsapp message that created doubts about the company's accounting practice in the traders. However, after the lower level, the stock has come in recovery. At present, the shares are trading at a price of Rs 65.35 with an increase of 11.14 per cent.

Bandhan Bank dropped 20%, shares 52 weeks on Low

The Reserve Bank (RBI) did not fulfil the licensing conditions, but the restriction on the opening of new branches on the bank was broken 20 percent on Monday. On the BSE, the stock fell by 20 per cent to Rs 451.20, which is a 52-week low level.

Recovery of Yes Bank after disclosure of NPA

Recovery in the stock of Mumbai-based private lender Yes Bank has come up. The stock on BSE rose by 6.5 percent to Rs 195.55. Shares in the stock came after the disclosure of the NPA in the September quarter by the bank. In the September quarter, the gross NPA of the bank was 1.35 percent.

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