The boom of indices in the market with positive levels

International codes and domestic developments will guide the boom market. Based on the GST Council meeting on the 18th, there may be changes in the market. Investors’ expectations may be in line with wholesale inflation figures and RBI’s past leveraged policy review decisions. News about the US-China trade deal is going to be key in the market. Investors may receive signals from crude oil prices, rupee movements against the dollar, and FIIs’ investments.

On Monday: On the first day of the week, three consecutive days of gains were hampered. Investors have made profits at the highest level. Sales of FMCG, automobile and fuel stocks increased. Wholesale inflation hit sentiment in November. The rupee ended 0.17 paisa lower at 71 a dollar. S&P SENSEX and NIFTY 50 lost 71 and 26 points respectively.

Open High Low Close
NIFTY 50 12,131.35 12,134.65 12,046.30 12,053.95
S&P SENSEX 41,168.85 41,185.03 40,917.93 40,938.72

On Tuesday: The indices were booming on the second day of the week. Sensex and Nifty were trading higher, with buyers supporting metal, finance and finance shares. Positive international signs, foreign investment continued steadily. The European market was mixed, with Asian markets closing in on gains. S&P SENSEX and NIFTY 50 gained 413 and 104 points respectively.

Open High Low Close
NIFTY 50 12,082.45 12,182.75 12,070.35 12,165.00
S&P SENSEX 41,052.36 41,401.65 41,005.18 41,352.17

On Wednesday: The jolt of index records continued. Sensex and Nifty have hit fresh highs, with large stocks like HDFC Bank, RIL and ITC holding back. Metal and IT shares are doing well, with US-China trade tensions easing. Asian markets were mixed and European indices were down. S&P SENSEX and NIFTY 50 gained 206 and 57 points respectively.

Open High Low Close
NIFTY 50 12,197.00 12,237.70 12,163.45 12,221.65
S&P SENSEX 41,442.75 41,614.77 41,358.47 41,558.57

On Thursday: For the third consecutive day, the indices moved higher. The Sensex gained 115 points and the Nifty gained 38 points, thanks to an uptick in purchases of fuel, IT and auto stocks. S&P SENSEX and NIFTY 50 gained 115 and 38 points respectively.

Open High Low Close
NIFTY 50 12,223.40 12,268.35 12,191.15 12,259.70
S&P SENSEX 41,571.82 41,719.29 41,456.40 41,673.92

On Friday: Week last day Sensex, Nifty end week up 1.6%; PSU banks rally over 2% on Friday. Benchmark indices ended flat after hitting record highs in the early trade on December 20. At close, the Sensex was up 7.62 points and the Nifty was up 12.10 points. About 1,244 shares have advanced, 1,232 shares declined. Nestle India, Titan Company, Tata Steel, UPL and SBI were among major gainers on the Nifty, while losers were Vedanta, Kotak Mahindra Bank, Tata Motors, ITC and Eicher Motors. S&P SENSEX and NIFTY 50 gained 8 and 12 points respectively.

Open High Low Close
NIFTY 50 12,266.45 12,293.90 12,252.75 12,271.80
S&P SENSEX 41746.20 41,809.96 41636.11 41,681.54

Overall the week Nifty 50 and S&P Sensex gained


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