Thursday, August 16, 2018

Stock Market News and Tips: Sensex down 100 points, nifty up 11400, metal-realty stock broken

Stock Market: On Thursday after a day's gain, Indian shares open with the basket weakness.

After the afternoon recovery, the domestic stock market has again reached the red mark. The decline in heavyweight HDFC, Kotak Bank, HDFC Bank, Reliance Industries, Vedanta, L & T stocks has increased the Sensex and Nifty weakness. On the other hand, falling sales from banking, financial services, media, metal, a private bank and realty stocks are getting deeper. At the moment, the Sensex is trading at 0.22 percent and the Nifty is 0.22 percent rolling down.

Stock Market News and Tips
Stock Market News and Tips
Midcap and smallcap stocks also fell
Midcap and smallcap stocks are also showing weakness with large-cap. The BSE mid-cap index was 0.14 percent, while the Nifty Midcap 100 Index was 0.34 percent broken. However, BSE's Smallcap index is showing a growth of 0.11 percent.

The pressure in Banking, Metal, FMCG and Realty Index
Nifty banking, metal, FMCG, and realty are showing pressure on the sectoral index. The Bank Nifty is down 0.78 percent and is trading at 27,840.40. In FMCG Index, 0.22 percent, Financial Services 0.71 percent, Metal index 1.67 percent, Media index 0.84 percent and Realty Index declined 1.05 percent. However, the IT and Pharma index are getting an edge.

What stocks fall, a boom in
During the business, Kotak Bank, Reliance Industries, HDFC, HDFC Bank, ICICI Bank, ITC, and Vedanta have slipped from 3.35 percent to 0.28 percent. However, Sun Pharma, Infosys, Powergrid, Axis Bank, M & M, Asian Paints, Bharti Airtel have increased from 0.41 to 0.94%.





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