Tuesday, August 28, 2018

Closing Bell: Nifty closes across 11700 for the first time, Sensex surges 203 points to 38897 level

Stock Market: The Sensex rose by 203 points to 38,897 and the Nifty climbed 47 points to close at 11,739 level.

Stock Market: With strong global signs, the domestic stock market is seeing a turnover. Heavyweights Reliance Industries (RIL), HDFC, Infosys, Maruti Shares, Sensex and Nifty are trading at new heights. However, there is a weakness in banking, realty stocks. Today the Sensex knocks up to the level of 38920.14 The Nifty touched the all-time high of 11,760.20. The Sensex rose by 203 points to 38,897 and the Nifty climbed 47 points to close at 11,739 level.

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First time Sensex surpasses 38,900
On August 28, the Sensex touched a new upper level of 38,920.14.
On August 27, the Sensex crossed the 38,700 level for the first time and touched the level of 38,736.88.
- Sensex reaches new upper level of 38,487.63 on August 23
- On August 21, the Sensex crossed the 38,400 level for the first time and made an all-time high of 38402.96.
- On August 20, the Sense touched the level of 38340.69.
On August 09, the Sensex reached the all-time high of 38,076.23.
On August 08, the Sense had knocked at 37,931.42 level
- On August 07, the Sense touched the level of 37,876.87.
On August 06, the Sensex made the all-time high of 37,805.25.
On August 01, the Sense had knocked at 37,711.87 level.

Nifty touched the new height
- On 28th August, Nifty went up to 11,760.20 All-time High.
- On August 27, the Nifty touched the level of 11,700.95.
- On August 23, Nifty crossed 11,600 for the first time and knocked up to the level of 11,620.70.
On August 21, the Nifty touched a new level of 11,581.75.
On August 20, the Nifty crossed the 11,500 level for the first time and went on a record high of 11,565.30.
- On August 09, Nifty went on to 11,495.20 All-time High.
- On August 08, the Nifty touched a new height of 11,459.95.
- On August 07, the Nifty touched the level of 11428.95.
- On August 06, Nifty was able to cross 11,400 level for the first time. Then the Nifty made the all-time high of 11,427.65.
- On 01 August 2018, the Nifty reached a new height of 11,390.55.

The twinkle in mid-caps-smallcap stocks
Midcap and smallcap stocks are also seen to be strong with the large cap. The BSE mid-cap index has gained 0.27 percent, while the mid-cap index of the Nifty 100 Index has gained 0.22 percent. BSE's small-cap index jumped 0.53 percent.

What stocks fall, a boom in
During the business, NTPC, Reliance Industries, HDFC, Infosys, Maruti, TCS, Kotak Bank, ITC, HDFC Bank have increased from 0.16 percent to 2.47 percent. However, SBI, HUL, ICICI Bank, Axis Bank have fallen from 2.08 to 0.38 percent.

Banking-realty index climbs, IT-metal increases
After initial strength, the pressure on the banking sector and realty in the sectoral index on the NSE is getting visible. Bank Nifty is trading 0.21 percent down at 28,204.30 levels. PSU Bank 1.26 percent and Realty Index is showing a weakness of 0.66 percent. However, business is going on with the increase in auto, IT, FMCG, metal, and pharma.

Source:- Money Bhaskar


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