Best Bank Nifty Tips Provider says With the opening of the RBI governor Urjit Patel's resignation and the opening of the BJP in the five assembly elections, the pressure on the stock market was dominant. However, after the 500-point decline, the Sensex saw a recovery of 400 points from the lower levels. At present, the Sensex is trading close to 34850 with a weakness of 100 points. At the same time, the Nifty remained above the 10450 with a decline of 25 points.
Most heavyweight stocks in red mark
Except for TCS and ITC, there is a turnover in the red mark in heavyweight stocks. Reliance Industries Limited (RIL) is trading 1 percent, HDFC Bank 1.56 percent, HDFC 1.27 percent, ICICI Bank 1.33 percent and Maruti Suzuki 1 percent weakness.
Rupee falls to three-week low
According to Best Bank Nifty Tips Provider On Tuesday, the rupee started with a great decline. The rupee fell 110 paise to open at 72.42 against the dollar in early trading. It is believed that RBI governor Urjit Patel's resignation is showing a huge impact on the rupee.
Mixed markets of Asian markets
There is a mixed trend in all Asian markets including Hongxing, Nikkei and Shanghai Composite. Shanghai composites and Hongxing were found strong, while there was a decline in Nikkei.
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