Stock market update of 30th October 2018 | Free Stock Tips
Stock Market: The weakness has given to the Indian rupee, as trade war declined the US markets. The Sensex slipped 126 points to below 34,000. The Nifty has dropped 33 points to 10,217 levels. IT, FMCG, oil and gas and pharma sector are showing weakness. However, auto, PSU bank, metal, and realty are bullish.
Today Yas Bank, Tata Motors, M & M, SBI, Bajaj Auto, Bharti Airtel, HDFC Bank, Maruti, HDFC, and Kotak Bank is in the news. These stocks have shown its positive response in the business. Whereas IndusInd Bank, RIL, Tata Steel, TCS, Sun Pharma, ONGC, ITC, ICICI Bank, Infosys, and Wipro have declined.
A huge stability will see today to the capital markets and foreign exchange as a $75 billion bilateral currency contract has made by India and Japan yesterday. This will strengthen and expand the economic cooperation between two countries. This facility will affect the cost of loans that foreign debt market for Indian companies.
US market declined
Due to US and China trade war, a sharp decline has seen in the stocks of large high-tech and internet companies in the US market. However, at the end of the trading session, Dao Jones closed 245 points at 24,443 level. Nasdaq closed at 7,050 with 117 point weakness. The S & P 500 index closed 17 points down at 2,641 level.
Source:- MoneyBhaskar
GOLD $ 1221.40
ReplyDeleteSILVER $ 14.40
#COPPER $ 2.66
CRUDE $ 66.40
INR 73.86
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