Thursday, June 28, 2018

Stock Market Live: Sensex up 50 points, Nifty flat, rupee slips to 18-month low



Despite the weakness in the Asian markets, the stock market started on Wednesday with a rise. The Sensex opened at a level of 35544, with 54 points stronger. At the same time, the Nifty started at the 10,785 level with a jump of 16 points. In the initial business, the market pressure is getting noticed. Heavyweight Reliance Industries, HDFC Bank, SBI, Maruti and ICICI Bank are showing weakness. However, TCS, Infosys, HDFC and HDFC are seeing a buy in the bank.

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Midcap, smallcap index flat
Mid-cap and smallcap indices are seeing flat business. BSE's mid-cap index is trading 0.09 percent with a decline. The Nifty Midcap 100 Index has gained 0.04 percent. BSE's Smallcap Index fell 0.01 percent.

All index excluding IT, Pharma and Realty in red marks
Talking about the sectoral index, all indexes except IT, Pharma and Realty on the NSE remained in the red mark. Nifty IT index is 1.35 per cent, Pharma index is 0.28 per cent and Realty Index is 0.20 per cent stronger. The highest 1.05 percent decline was recorded in the PSU bank index. In addition, Nifty was down 0.18%, Auto 0.08%, FMCG index by 0.43% and Metal index 0.53%.

19 rupee open with weakness of money
Wednesday's rupee has weak beginning. The rupee fell by 19 paise to 68.43 against the dollar. On Tuesday, the rupee was down 13 paise to close at 68.25 against the dollar. The beginning of rupee also got flat. The rupee was open at a level of 68.13 with a weak rupee of 1 paise. At the same time, the rupee had seen a huge decline in rupee against the dollar and rupee had dropped 29 paise to close at 68.12 level.



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