Weekly stock market updates

Reasons to surge, stock markets for the week:

  • Discussions between American president Donald Trump and North Korean president Kim Jong-UN are concluded positively.
  • Industrial statistics are satisfied across India.
  • Investors are positive towards on purchase of IT and Pharma stocks.
  • Pharma shares rise on USFDA approval for Dr. Reddy’s Suboxone generic version and Strides Shashun Oseltamivir Phosphate capsules generic version.
    The TCS board approved to buyback worth of INR. 16,000 crores shares.

Commodity and Forex Markets

  • Gold, Silver, and crude oil are closed towards bear market.

  • Rupee impaired 0.51 paisa compared with US Dollar.

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