Thursday, 19 April 2018

Rudra Investment: Sensex up 100 Points, Nifty up 10,550, Metal Stocks Surge

The Best Stock Market Expert report says On Thursday, the Indian stock market started the fastest gains from the global market. After a good start, the market is fast emerging. All sectoral indices, including banks, auto, metals, have seen an increase in Sensex and Nifty. Heavyweight ONGC, Infosys, ITC, Reliance Industries, Maruti, TCS, HDFC Bank and HDFC were supported by the market. At the moment, the Sensex is trading 0.27% and the Nifty is growing at 0.32%.



Prior to this, the Indian market started the fastest on Thursday due to concerns from the global market. Sensex opened at a level of 34,404, with a jump of 72 points. The Nifty rose 37 points to 10,564 levels.

Good purchases in mid-caps, smallcap stocks

Midcap and Smallcap shares with large-cap stocks are getting good shopping. The BSE mid-cap index has increased by 0.32%, while the Nifty Midcap 100 Index has gained 0.38%. BSE's Smallcap index rose by 0.39 percent.

In mid-cap stocks, Vikrami, National Aluminum, Godrej Agrovet, Jindal Steel, Colgate Palmolive, Godrej Industries, Apollo Hospital, Concore, SAIL, JSW Energy increased by 1.06-4.97 percent. However, MRPL, BEL, RCom, UBL, Castrol India, Amara Raja Batteries, Natco Pharma, PNB Housing fell 3.21-0.71 percent.

In all sectoral index green marks, the metal index rises more than 2%

In the sectoral index, banks, IT, all indexes on the NSE are doing business in the green mark. Bank Nifty is trading 0.17 percent higher at 25,144.10 level. The Nifty Metal Index has gained 2.11 percent. In addition, auto index 0.22%, FMCG index 0.59%, IT index 0.52%, Pharma index 0.15% and Realty index increased by 0.82%.

DII buyers, FII sold out

In Wednesday's business, Domestic Institutional Investors (DII) bought a total of Rs 869.7 crore in the Indian stock market. Foreign Institutional Investors (FII) sold 915.71 crore rupees.

Mind Tree Q4 profit rises 28.8%, stock at new 52 weeks height

In the fourth quarter of the fiscal year 2018, the profit of Midcap IT company Mind Tree has increased 28.8% to Rs 182.2 crores. In the third quarter of the financial year, the company had a profit of Rs 141.5 crore. In the fourth quarter, better results showed a 4 percent increase in stocks on Thursday.

T4 advance before Q4 results

The results of the fourth quarter of the fiscal year 2018 of Tata Consultancy Services, the country's largest software company, are coming today. Before the release of Najitha, the TCS stock is getting faster. Stocks on BSE have increased 0.87%.

ACC's Q4 net profit up 18%, stock jumps 3%

Cement manufacturing company ACC's fourth-quarter results were better. In the fourth quarter, the company's profit increased by 18.48 percent to Rs. 250.4 crore. ACC had a profit of Rs 211.1 crore in the same period last year. Good results showed up to 3% in stock in Thursday's turnover.

Rupee drops 12 paise to 65.78 against the dollar

The fourth trading day of the week also started with the weakness of the rupee. Rupee drops by 12 paise to 65.78 against the dollar, which is the lowest level of 7 months. The rupee had fallen 2 paise to 65.66 against the dollar on Wednesday.

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