The Strategy In The Today Market With Best Nifty Tips

Best Nifty Tips | In the afternoon the decline in the domestic market has increased. Investors are cautious with the warning of the fall in the market on the trade-war meeting and Trump's impeachment. 

There is pressure in the market. Sensex has dropped more than 150 points due to weakness in banking, financial services, FMCG, pharma stocks, while the Nifty has slipped below 11550. ICICI Bank, ITC, Infosys, Sun Pharma, Reliance Industries, SBI have been trading in the red mark in the fall. At the moment, the Sensex is trading at 0.42 percent and the Nifty is down 0.42 percent.

Shopping in Midcap & Smallcap Shares

Shopping is seen in mid-cap and small-cap stocks compared to large-cap during business hours. BSE's mid-cap index has increased by 0.11 percent, while the Nifty Midcap 100 index is trading flat. BSE's Smallcap Index is trading with a modest increase of 0.07 percent.

What stocks fall, the boom in

During the business, Axis Bank, ONGC, SBI, Vedanta, L & T, HDFC, HDFC Bank, HUL, Reliance Industries and Maruti have increased from 0.14 to 1.23%. However, ICICI Bank, Sun Pharma, Bharti Airtel, Infosys, Wipro, ITC have fallen from 0.35 to 1.23 percent.

Banking, metal index surge, Pharma-FMCG index broken

Banking, auto, metal, and realty are witnessing in the sectoral indices on the NSE. Bank Nifty is trading 0.11 percent higher at 28,059.80 level. Auto index 0.08 percent, financial services 0.17 percent, metal index 0.61 percent, PSU bank index 0.76 percent and realty index increased 0.44 percent. However, there is a decline in FMCG, media, pharma, IT.

Reason for pressure in the market

There was no solution in the meeting between the US and China regarding trade war. Meanwhile, the charges imposed on each other's goods by the two countries have been implemented. Its effect was seen on the global market.

At the same time, US President Donald Trump has warned that if impeachment is done on them, then there will be a huge drop in markets. Trump has said this after accusing his former lawyer Michael Cohen of messing up money for campaigning. It also impacted the market.

US market closed with declines

There was no solution in the meeting between the US and China regarding trade war. The US and China have imposed a 25% import duty on each other's $ 16 billion products. This led to the closure of the US market on Thursday. Dao Jones closed 77 points down at 25,657 level. Nasdaq slipped 11 points to 7,878 levels. The S & P 500 index closed at a level of 2,857 with 0.2 percent weakness.