Average ending of Indices due to global issues impact and low monsoon

This week Indian benchmark indices are going to influence by both international and domestic cues. On the domestic front, investors may look into June derivative contract closure and the shortage of rainfall influence. Globally, investors had their eyes on America – Iran issues, America and China meet in G-20 meet-up in Japan, America and Britain GDP, Crude oil fluctuations, Rupee volatile, FII and DII investment inflows show its impact.

On Monday: Indian benchmark indices continued its losses on second day in continuation with Friday close. Due to severe conditions between America and Iran, Metal and Oil related shares rioted with sales and markets gone under pressure and concluded with losses.  Slow monsoon movements across the country added to the above. S&P SENSEX and NIFTY 50 lost 72 and 24 points respectively.

Open High Low Close
Nifty 50 11,725.80 11,754.00 11,670.20 11,699.65
S&P Sensex 39,160.23 39,300.02 39,021.70 39,122.96

On Tuesday: Finally, indices gained after two continue day losses because Oil, Real estate, Metal, Auto, and Banking stocks attracted the investors to buy with strong sentiment of positive Monsoon news from the Indian Monsoon Division (IMD). S&P SENSEX and NIFTY 50 gained 312 and 97 points respectively.

Open High Low Close
Nifty 50 11,681.00 11,814.40 11,651.00 11,796.45
S&P Sensex 39,131.94 39,490.64 38,946.04 39,434.94

On Wednesday: Investors supported the Metal, Electric, and Finance shares through purchases because of June derivative contact closures which moved the index graph towards up. America Finance minister Mr. Steve Muchin declares that 90% of trade agreement have been completed between America and China which shows positive impact among investors. S&P SENSEX and NIFTY 50 gained 157 and 51 points respectively.

Open High Low Close
Nifty 50 11,768.15 11,871.85 11,757.55 11,847.55
S&P Sensex 39,379.13 39,674.22 39,319.64 39,592.08

On Thursday: Indian benchmark indices lost few points on Thursday due to investors are plucked out the profits because of June derivative contract closing. Indian markets concluded the day with few lose points even international indications are positive. Investors are looking among G-20 summit in Japan. S&P SENSEX and NIFTY 50 lost 06 and 06 points respectively.

Open High Low Close
Nifty 50 11,653.65 11,843.50 11,635.05 11,831.75
S&P Sensex 39,042.96 39,638.64 38,933.78 39,601.63

On Friday: Indices are concluded the last trading day of the week with red because Metal stocks are traded under pressures and fluctuated even some buying seen among Pharma, Infra, IT and PSU bank sectors. The Indian indices vanished the most of its previous session gains. S&P BSE SENSEX and NIFTY 50 lost 192 and 53 points respectively.

Open High Low Close
Nifty 50 11,865.50 11,870.05 11,775.85 11,788.85
S&P Sensex 39,630.52 39,675.25 39,361.92 39,394.64



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