Rudra Investment Market Expert report says the global market started flat on Friday on the Indian stock market. After the flat start, the market has seen an increase in the market by buying in all sectors, which has led to a 200-point surge in the Sensex, whereas the Nifty has surged more than 70 points. On the other hand, the market is getting support from heavyweight SBI, Maruti, HDFC Bank, ONGC, HDFC and Reliance Industries. At present, the Sensex and Nifty are getting an increase of 0.89 percent and 0.96 percent respectively.
Earlier, the Sensex opened at 33,832 points, with a slight increase of 12 points. On the other hand, the Nifty rose by 25 points to 10,408 points.
Strength in mid-caps-small shares
- In the early business, there is a good growth in mid-cap and small-cap stocks with large-cap stocks. The BSE mid-cap index was up 0.62 percent and the smallcap index was 0.57 percent higher.
- Mid-cap stocks include Federal Bank, Biocon, IDBI, Wachhart Pharma, Muthoot Finance, Alchem, TVS Motors, R Power, up 1.68-3.73 percent.
All sectoral indices rose, Nifty pharma rose 1.51 percent
In the initial business, all sectoral indices including bank, IT are getting an edge. The Nifty Pharma Index has the fastest 1.51 percent growth. The Nifty IT index increased 0.70 percent.
Apart from this, Bank Nifty has gained 0.66 percent, Auto 0.26 percent, FMCG 0.10 percent, Metal 0.65 percent and Nifty Realty Index 0.47 percent.
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The market breadth is positive as 1,797 shares advanced, against a decline of 834 shares, while 183 shares were unchanged.
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