Nifty Tips Expert says With the rise in the global market, strong rupee and softening of crude prices, the domestic stock market rose smartly on Friday. Sensex surged more than 400 points to 34,800 in early trading from all-around shopping in the market. It touched 125 points and touched the 10,510 level. In today's trade, all the indexes are looking forward to the Nifty. The highest gain is 2.55 percent in the Nifty Auto Index. Energy stocks have sharp purchases. There is also an increase in the bank, IT and metal. Asian Paints 5%, Yes Bank 4.90%, Hero MotoCorp is 3.89% faster.
Earlier, the Sensex rose 312 points to 34,744 level. At the same time, the Nifty started at the level of 10,462 with a jump of 82 points.
Mid-caps and smallcap stocks too
Large-cap is also seen in mid-caps and smallcap stocks. The BSE Mid-Cap Index has gained 1.45%, while the Nifty Midcap 100 index has gained 1.54%. BSE's Smallcap Index has gained 1.41 percent.
What stocks fall, the boom in
According to Nifty Tips Expert During the heavyweights, there is an increase in YES Bank, Asian Paints, SBI, HDFC, RELIANCE, Maruti, Kotak Bank, ICICI Bank, ITC, HDFC Bank and HUL during the turnover. There is a decline in Wipro, TCS, and Coal India.
Brent rolled down to $ 73
Due to the increase in supply, crude oil has declined. Russia, OPEC, and the US have increased the supply of crude. Supply has increased due to the American ban on Iran. Also, there is a possibility of a drop in demand from the US-China Trade War. Currently, Brent Crude is trading 0.5 percent and is trading at $ 72.5. On NYMEX, WTI crude is trading 0.6 percent down to $ 63.3.
Fastest day in US markets
The US markets were able to see fast for the third consecutive day. On Thursday, the US markets closed up to 1-1.75 percent. Dao Jones closed at 25,381 with a rise of 265 points. The S & P 500 index closed at a level of 2,740 with a rise of 29 points. Nasdaq climbs 128 points at 7,434 level
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