Monday, 9 April 2018

Rudra Investment: Sensex Recovers 100 Points, Nifty Crosses 10,350

Rudra Investment Stock Market Expert report says In the first trading sessions of the week, signals from Asian markets started flat on the domestic market. The Sensex gained 27 points and opened at 33,654 points. At the same time, the Nifty started at the 10,334 level with a rise of 2 points. Metal, pharma and realty stocks are showing an increase in the initial business.

Midcap, Smallcap Shares Fast

Large-cap stocks are being seen in midcap and smallcap stocks. The BSE mid-cap index has increased 0.45 percent. There has been an increase of 0.62 percent in the BSE Smallcap Index.

Among the mid-cap stocks, Page Industries, National Aluminum, IGL, Jindal Steel, Indian Hotels, NBCC, IDBI, MFSL, RBL Bank, GSK Consumer, Oberoi Rati, Sun TV have increased by 1.12-3.24 percent.

DII buyers, FII sold out

Domestic Institutional Investors (DII) bought 1305.45 crores in the domestic market in Friday's business. Foreign Institutional Investors (FII) sold shares worth Rs 524.85 crore.

Rupees up 12 paise to open

The first trading day of the week was a strong start in the rupee. Rupee rises by 12 paise to 64.85 against dollar Rupee was closed flat on Friday due to selling and profit booking by the imports. The rupee was up by one paise to 64.96 against the dollar.

Mixed business in Asian markets

In the first trading session of the week, mixed trading in Asian markets is being seen. Singapore's SGX Nifty index is trading 0.24 percent down at 10,317 levels. Japan's market Nikkei is trading at 21,580 level with a modest margin of 13 points. Although Hang Seng is trading 225 points at a level of 30,070.

The Korean market index is trading at 2440 level with an increase of 0.43 percent, while the Taiwan index is trading 0.26 percent higher at 10,850 level. Shanghai Composite is showing an increase of 0.23 percent. At the same time, the Straits Times is trading at a level of 3,428 with the weakness of 0.42 percent.

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