Friday, October 19, 2018

Nifty Tips | Weak start, a sharp decline in RIL

Rudra Investment provides Nifty Tips In the softening of the overseas markets, the investors sold all-around sales in the morning trading on Friday. This led to the BSE Sensex trading at 34,364 points down by 415 points at 9.30 am. Similarly, NSE Nifty also plunged 136 points to 10,319 points.


The concern of trade war with the rising Yield of American bond has affected the markets around the world. The impact was also on the domestic market. Investors' morale has dropped from weak rupees.

The 30-share Sensex opened weak at 34,563.29 points. It closed at 34,779.58 on Wednesday. On Thursday, the market was closed in the form of a disease of Dussehra. There was pressure from the market since the beginning. At one time it was at the lower level of 34,288.25 points in the bull run of investors.

Reliance Industries is the biggest hit of the sell-out. This stock, which has been selling heavily in the Sensex, was trading with more than 4% decline. Apart from this, Yas Bank, Infosys, Hero Moto Corp also have a special emphasis on selling.

On the contrary, investors took interest in Asian Paints, Sun Pharma, NTPC, ICICI Bank. In the 30 Sensex stocks, shares of 19 were trading down. While there was an edge in 11

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