Indices facing sustainable issues in the stock markets

Before markets starting, analysts say indices may affect due to global and domestics causes, Globally, Fed interest rate cut, the America-China trade consequences, British political consequences and other side domestically, NBFC Industrial Index Price (IIP) statistics, Retail Price Index statistics (RPI), Wholesale Price Index (WPI) statistics, and crude oil fluctuations also may affect the indices.

On Monday: Indices ended in green in second straight session on Monday, with the support of IT stocks buying in huge quantity other side Globally, America took off trade tariffs imposed on Mexico, and rupee closed 69.65 with the 0.19 paisa appreciation against the US dollar also helped the markets go up. S&P SENSEX and NIFTY 50 gained 169 and 52 points respectively.

Open High Low Close
Nifty 50 11,934.90 11,975.05 11,871.75 11,922.70
S&P Sensex 39,787.33 39,979.48 39,619.97 39,784.52

On Tuesday: On third session also the benchmark indices boosted up, led by gains in IT, Banking, Metal, and Energy stocks and globally positive indications that America may cut the FED interest rates also boosted the Tuesday’s markets to close in green. Banking stocks rallied on sentiments after hearing a report that Non-Performing Assets (NPAs) declined 9.3 percent compared to 11.5 percent in the last year. S&P SENSEX and NIFTY 50 gained 163 and 43 points respectively.

Open High Low Close
Nifty 50 11,959.85 12,000.35 11,904.35 11,965.60
S&P Sensex 39,900.45 40,066.31 39,760.02 39,950.46

On Wednesday: After 3 green sessions the indices saw a straight down fall, due to Banking and Automobile stocks faced the selling pressure due to global markets weak indications and Investors also causes ahead of inflation and factory output numbers. Mr. Trump announces China must agree to 4-5 major points in trade deal also show the effect on indices. S&P SENSEX and NIFTY 50 lost 194 and 59 points respectively.

Open High Low Close
Nifty 50 11,962.45 11,962.45 11,866.35 11,906.20
S&P Sensex 39,974.18 39,982.10 39,623.53 39,756.81

On Thursday: The benchmark Indices recovered from morning trade losses and ended in faint losses because of positive Industrial Index Price (IIP) statistics, investors careful about markets fluctuations since no important cues ahead. S&P SENSEX lost 15 points while NIFTY 50 gained 8 points respectively.

Open High Low Close
Nifty 50 11,873.90 11,931.35 11,817.05 11,914.05
S&P Sensex 39,679.35 39,800.81 39,461.27 39,741.36

On Friday: Indices sharp fall in straight third session also, Banking and Financial Stocks brought down the indices. S&P SENSEX and NIFTY 50 lost 289 and 91 points respectively.  

Open High Low Close
Nifty 50 11,823.30 11,904.75 11,910.75 11,800.25
S&P Sensex 39,797.00 39,799.90 39,363.45 39,452.07


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