Stock market weekly updates

This week markets closed in huge profits because of

  • Trade tensions between America and Europe are relieved.
  • Our rupee is stronger than the US dollar in this week.
  • Foreign investors are buying shares constantly.
  • In the first quarter, Bank of Baroda, Yes Bank, Reddy’s Laboratories, Biocon, ACC, Reliance Industries, and
    L & T companies results were good.
  • The investors make a short covering after the expiry of the July 2018 derivative contracts.
  • High purchasing of banking, automobile, and real estate shares.Decrease rates on various products at the GST board meeting.
  • Stock markets reached the lifetime maximum points, BSE reached 37,000 points and NSE reached 11,000

Commodity & Forex Markets

  • Crude oil was up marginal, gold and silver ending marginally lower.
  • Our rupee has increased by 0.31 paisa compared with the US Dollar

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