Monday 5 August 2019

The Stock Market Is Declining, Including The Kashmir Issue.

Rudra Investment Best Stock Market Trading Tips, On the very first day of the week, the domestic stock markets completely collapsed. Major indices recorded a huge decline. Both domestic and foreign factors contributed to the selling of the market. China's currency yuan slipped below the level of 7 against the dollar for the first time in 11 years. Apart from this, the crisis of trade war is getting deeper. Selling in Asian markets has led to this. On the other hand, there is a suspense about Kashmir on the domestic front. It is believed that the government is going to take some big step in this matter. Also, the results of the companies have given investors frustration.



At 9.30 am, the BSE Sensex was seen trading at a level of 36,651, down 467 points or 1.27 per cent. At the same time, the Nifty 50 index was also recorded at a level of 10,859 with a dive of 139 points or 0.126 per cent.

On Friday there was a major drop in the American stock market. The Dow Jones broke up by 0.37 per cent, while the S&P 500 index had recorded weakness of up to 0.73 per cent. Nasdaq composites ended 1.32 percent and ended the week's business.

The BSE Midcap and Smallcap index plunged by two per cent each. The indices of all sectors except BSE IT and Tech index were recorded in red mark. The metal index was down three percent, while energy, auto, power, realty and pancakes declined two to two and a half percent.

Only three stocks gained on the BSE Sensex. Tata Consultancy Services shares rose 1.27 per cent to Rs 2,234.05. Shares of Infosys and HCL Technologies rose 1.20 percent and 0.33 percent respectively.

On the other hand, Yes Bank shares dipped 6.63 per cent to Rs 82.45. Vedanta's stock plunged by 5.10 per cent to Rs 135.85. State Bank of India, Tata Motors and Tata Steel lost 4.04 per cent, 3.94 per cent and 3.34 per cent, respectively.

On Friday, foreign portfolio investors (FPIs) continued to sell. During the last trading session, he sold shares worth Rs 2888.06 crore in the Indian stock markets. However, domestic institutional investors (DIIs) bought shares worth a net Rs 2,812 crore.


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