Free Share Market Tips: Sensex Down 50 Points, Nifty Slips Below 10600, Bank Shares Rise

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.

Rudra Investment: Sensex Up 92 Points In Early Trade, Nifty Open At 10,400

Ruda Investment Equity Market Expert report says, Signals from the Global Markets and Asian markets rose sharply on Tuesday with the rise in the domestic market. Sensex jumped 92 points to 33,880 levels. At the same time, the start of the Nifty was at 34, with a strength of 10,413. Heavyweight Infosys, Reliance Industries, TCS and HDFC Bank are getting shopping in early business. On the NSE, all sectoral indices are doing business in the green mark.

Good purchases in mid-caps, smallcap stocks

In the business, mid-caps and smallcap, stocks are getting good shopping. The BSE mid-cap index has increased by 0.52%. There has been an increase of 0.50 percent in the BSE Smallcap Index.

Among the mid-cap stocks, Mfasis, National Aluminum, Divis Lab, Crompton, Godrej Agrovet, Reliance Capital, Reliance Infra, NBCC, Jindal Steel, Oberoi Realty, LTI, SAIL, LIC Housing Finance have increased by 1.25-6.68 percent. However, Vakrangi, GSK Consumer, Ayubank, Bayarkorp, Apollo Hospital, Bajaj Holdings fell 4.98-0.29 percent.

Nifty metal index up 1.62%, auto-PSU bank weakness

In the sectoral index, Nifty Metal Index has gained the most by 1.62% on NSE. Due to a ban on the company of Russian billionaire Oleg Daryipaska by the US, metal stocks are getting bullish. Hindalco, National Aluminum, Vedanta have grown more than 3%.
Bank Nifty is trading 0.44% higher at 25,203.65 level. The FMCG Index has gained 0.13%, IT4 0.44%, Pharma 0.80% and Nifty Realty index have gained 0.68%.

US market closed on slight margin

American markets closed with slight margins on the first trading day of the week. Dow Jones closed 46 points higher at 23,979. Nasdaq composite closed at a level of 6950 with a rise of 35 points. The S & P 500 index climbed 0.33 percent to 2613 levels.

Bullish in metal stocks

Due to a ban on the company of Russian billionaire Oleg Daryipaska by the US, metal stocks are getting bullish. Hindalco, National Aluminum, Vedanta have risen more than 3% and the Nifty Metal Index increased by 1.62%.

Rupee rises by 15 paise

The second trading day of the week coincided with the start of the rupee. Rupee strengthened by 15 paise to 64.87 against dollar On Monday, the rupee was down 6 paise to close at 65.02 level against the dollar.

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