Indices took a breath after three weeks deep fall

This week Indian benchmark indices are going to influence with both domestic and global issues. Companies results for the last quarter of 2018-19 and investors may look over general election results and inflation indices in the country will show its impact on indices. On global front, US- China trade war issues, Rupee and crude oil price fluctuations because of continuation of America rules over China and Iran. FIIs and DIIs investment are key inflows which show its impact.

On Monday: Markets continued its negatives on Monday also due to America-China trade war issue is giving high pressure to the market day by day. Rupee impairment and its fluctuations dragged the indices down on 9th day also. ₹8.53 lakh crores of capitalization evaporated in 9 trading days. S&P SENSEX and NIFTY 50 lost 371 and 131 points respectively.

Open High Low Close
Nifty 50 11,258.70 11,300.20 11,125.60 11,148.20
S&P Sensex 37,491.30 37,583.57 36,999.84 37,090.82

On Tuesday: Finally, on the 10th trading day markets gave a break to a continuous fall since Pharma, Banking, and Oil stocks twinkled with high purchases volume. Reliance, ITC, and SBI stocks also supported the graph line to go up. Additionally, Rupee strength also added to the graph. S&P SENSEX and NIFTY 50 gained 228 and 74 points respectively.

Open High Low Close
Nifty 50 11,151.65 11,294.75 11,108.30 11,222.05
S&P Sensex 37,146.58 37,572.70 36,956.10 37,318.53

On Wednesday: Markets are tumbled again due to global causes, the America-China trade war influences on our markets. Investor sentiment went down. Even rupee appreciation wasn’t stopped the graph go down. S&P SENSEX and NIFTY 50 lost 204 and 65 points respectively.

Open High Low Close
Nifty 50 11,271.70 11,286.80 11,136.95 11,157.00
S&P Sensex 37,539.05 37,559.67 37,047.87 37,114.88

On Thursday: Markets are lightened with green; IT and Finance stocks lifted up the indices on Thursday because of strong purchase support from investors and rupee appreciation added to the indices. S&P SENSEX and NIFTY 50 gained 279 and 100 points respectively.

Open High Low Close
Nifty 50 11,180.35 11,281.55 11,143.35 11,257.10
S&P Sensex 37,179.13 37,518.94 37,052.30 37,393.48

On Friday: The markets surged up with huge gains on the last day of trading in the week. Sensex and Nifty rallied over 1 percent each, closing near their day’s high level. FMCG, Media, Finance, and Auto stocks supported the indices to go up. S&P SENSEX and NIFTY 50 gained 537 and 150 points respectively.

Open High Low Close
Nifty 50 11,269.20 11,423.70 11,263.00 11,407.15
S&P Sensex 37,494.42 38,001.13 37,415.36 37,930.77

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News & Article

Financial Advisory Services at Your Door Step.

If your occcupied don't have time to plan your financial investment we are here to guide.