The Opening Day Of This week Report By Rudra Investment Best Bank Nifty Tips Provider says The impact of the slowdown in global markets also showed on Indian markets on Monday, February 11, 2019. On the first day of the trading week, the BSE BSE-53 was down by 53 points and 36493 points, and the National Stock Exchange's Nifty closed 37 points lower at 10906. At 9.40 am, the Sensex is trading 123 points down at 36423 and the Nifty is trading 57 points down at 10,887 points.
Stock market
Bharti Airtel, Yes Bank, Tata Steel, Titan Top Gunners were in the morning trading session. Mahindra & Mahindra, Power Grid, Dr. Reddy and Tata Motors are top losers.
Chinese yuan fall than US dollar
Best Bank Nifty Tips Provider says China's currency yuan against the US dollar fell on Monday. Yuan is 414 basis points, compared with the dollar, at 6.7495. According to the report of Xinhua news agency, Yuan can be allowed to weaken or strengthen up to two percent of central parity value per day in China's spot foreign currency exchange market. Yuan's central parity value compared to the dollar is equal to the weighted average of the value offered by the various components of the market before the opening of the interbank market on each business day.
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