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| Stock Market News and Tips |
Apple's decline has raised concerns about the US market. In yesterday's work, Dao closed 660 points. Apple's stock has closed down 10 percent since the fear of recession in China. This is the biggest drop in Apple since 2013. There is a fear of economic recession in the markets. Apple has said that due to the cooling down of business in China, revenue will have an impact, trade war fears a slowdown in China. Other companies in China, too, have fallen out of Apple's warning. In yesterday's trade, the tech sector saw a decline of 5 percent. S & P 500 and Nasdaq also slipped. In the business of tomorrow, the S & P 500 Index slipped 2.5 percent and Nasdaq 3 percent. The weakness of American markets has also put pressure on Asia.
The Sensex and the Nifty among these global signals have started with growth today. Today, in the mid and small-caps, shares are also seen in shopping with giant stocks. The BSE mid-cap index is showing an increase of 0.16 percent at 15100 levels. At the same time, the smallcap index is showing a gain of 0.13 percent, at 14,592 level. In the initial business, oil and gas shares are also looking to buy. BSE's oil and gas index is trading at 13437 level.
Bank and NBFC shares are also seeing good shopping today. Bank Nifty is showing an increase of 0.35 percent, at 27055 level. In today's business, both PSUs and private banks are looking to buy shopping. Nifty's PSU Bank Index is showing a growth of 0.7 percent and private bank index 0.3 percent.
There is an all-around shopping environment in the market today, where auto, metal, PSU Bank, FMCG, and Realty are participating most. Nifty's auto index is trading 1.03 percent, FMCG index 0.5 percent, metal index 0.9 percent and Realty index 0.6 percent.
At the moment, BSE's 30-share index Sensex is trading at around 35630 level with an increase of 110 points, or 0.3 percent. On the other hand, NSE's 50-share major index Nifty is trading at a level of 10710, with an increase of 40 points i.e. 0.3 percent.
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