Before markets starting experts say, this week’s markets going to influence by the both domestic and global issues in front of the financial year and derivative contract closing. Brexit and the crude oil issue will influence the international markets and fears among growth issue will influence the domestic markets.
On Monday: The week started with a huge lose among both the indices due to America is going to face recession issue again after many years. Banking and Real estate stocks rioted with sales. Global market also not exceptional for the scenario. Investors are also interested to pull the profits. S&P SENSEX and NIFTY 50 lost 356 and 103 points respectively.
NIFTY 50: Open:11395.65, High:11,395.65, Low:11,311.60, Close:11,354.25
S&P SENSEX: Open: 38,016.76, High:38,016.76, Low:37,667.40, Close:37,808.91
On Tuesday: Indian benchmark indices make a pause on Tuesday for losses which are in red for the past two days in the second session with a steep increase. Reliance industries & banking stocks helped the indices to move up and rupee appreciation redirected the arrow up. S&P SENSEX and NIFTY 50 gained 425 and 129 points respectively.
NIFTY 50: Open:11,375.20, High:11,496.75, Low:11,352.45, Close:11,483.25
S&P SENSEX: Open: 37,886.29, High:38,297.70, Low:37,800.08, Close:38,233.41
On Wednesday: Markets are trading with heavy fluctuation on Wednesday Oil and motors shares are traded under pressure and Banking stocks are moved with slight gains. Investors are interested to withdraw the profits because of derivative contract closures. The rupee and crude oil fluctuations are added to the above. S&P SENSEX and NIFTY 50 lost 101 and 38 points respectively.
NIFTY 50: Open:11531.45, High:11546.20, Low:11,413.00, Close:11,445.05
S&P SENSEX: Open: 38,372.03, High:38,475.93, Low:38,001.34, Close:38,132.88
On Thursday: Markets are traded with huge gains and painted with green because of Banking, Real estate, Finance and IT stocks attracted the investors and rioted with purchases. Derivative contract closures and short covering by the investors happened in the markets. FII inflows added to the above even rupee depreciated. S&P SENSEX and NIFTY 50 lost 413 and 125 points respectively.
NIFTY 50: Open:11,463.65, High:11,588.50, Low:11,452.45, Close:11,570.00
S&P SENSEX: Open: 38,208.30, High:38,593.65, Low:38,148.44, Close:38545.72
On Friday: Indian indices ended higher on the last trading day of the current financial year 2018-19 because of Metal stocks surged and redirected the graph to the up and other sectoral indices are supported except PSU stocks. With the fluctuations of crude oil and rupee, markets concluded with low profits for the day.
NIFTY 50: Open:11,625.85, High:11,629.65, Low:11,571.10, Close:11,623.90
S&P SENSEX: Open: 38,675.00, High:38,748.5, Low:38,546.68, Close:38,672.91
