In The Today Report Of Free Nifty Tips expert After the government decided to give 48239 crores to 12 government banks, a positive atmosphere has been created in the investors. This opened the Indian stock market with an edge on Thursday. The Sensex of the Bombay Stock Exchange opened at 35763 with a rise of 7.59 points. However, the National Stock Exchange's Nifty was showing a slowdown and it slid 5.30 points to 10,730 points. At 9.37 a.m., with 0.11 points down, 35,756 points and Nifty is trading at 10,736 points with a modest increase of 0.60 points.
Boom in banking sector
After the government's decision, the public sector banks are showing an upturn in the stock. In the Sensex, corporation banks, UCO Bank, Allahabad Bank, Punjab National Bank and many public sector banks are trading in green mark. In addition, there has been an upsurge in private sector banks, metals, oil and gas, power and realty sector in the Sensex. Nifty has a boom in PSU Bank, Finance Services, FMCG, Media, Metal, Pharma, Private Bank, Reality, while there is an environment of slowdown in auto and IT.
A bullish atmosphere in these stocks
According to Rudra Investment expert says Free Nifty Tips data released on ThusdayShares of corporation banks, UCO Bank, Tata Steel, Indian Overseas Bank, Andhra Bank and Nifty in the Sensex show the boom in the shares of India Buils Housing Finance, Sun Pharma, ICICI Bank, ONGC, JSW Steel.
Slowdown in these stocks
In the Sensex, there was a recession in IL & FS Transport, Radico, Shankara, PTC, Mahindra CI Automotive Limited and Bharti Infratel, Bharti Airtel, Infosys, Hindustan Petroleum and Yes Bank.
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