Good signs are visible from the global markets. Asian markets are also getting bullish on the business. SGX Nifty is also seen on the rise But due to the holiday, markets of China and Japan are closed today.
According to the new figures, the American economy grew more than the estimate in the first quarter. It was estimated that 2% growth would be seen in the economy, but in the first quarter, the GDP of US grew by 2.3%. Meanwhile, the Federal Reserve's two-day meeting is starting today. FED Chairman will decide the rates on interest rates last night. Investors are also happy with the friendship in North-South Korea.
Brent Crude is trading below $ 75 a barrel. The effect of these better global signals is also seen on the Indian markets. Sensex and Nifty moves in early business, it looks strong. Nifty is seen around 10,740, while the Sensex is showing around 35130. With the rise of giant stocks, today's smallcap stocks are also seen as strong. Shopping in mid-cap stocks is also seen.
BSE's Smallcap Index has surged by more than 0.47% to 18325. BSE's Mid-cap Index is trading 0.15% higher. In the market today, except for the metal stocks, all-round shopping is being seen. Buying in IT, auto, realty, FMCG and pharma stocks is gaining market enthusiasm. BSE Realty Index has gained 0.65%, while Nifty's IT index has gained 2.07% and Auto Index gained 0.40%. The Nifty's pharma index has seen an increase of 0.74% and the FMCG index rose by 0.38%. Banking stocks in today's trade have also increased, which led to the rise in the bank nifty by 0.46% to 25,510. However, today metal stocks are seeing weakness, due to which the metal index of the Nifty is down by 0.50%.
For more information Whatsapp@ +91-9755855566 or visit@ http://www.saiproficient.com/
According to the new figures, the American economy grew more than the estimate in the first quarter. It was estimated that 2% growth would be seen in the economy, but in the first quarter, the GDP of US grew by 2.3%. Meanwhile, the Federal Reserve's two-day meeting is starting today. FED Chairman will decide the rates on interest rates last night. Investors are also happy with the friendship in North-South Korea.
Brent Crude is trading below $ 75 a barrel. The effect of these better global signals is also seen on the Indian markets. Sensex and Nifty moves in early business, it looks strong. Nifty is seen around 10,740, while the Sensex is showing around 35130. With the rise of giant stocks, today's smallcap stocks are also seen as strong. Shopping in mid-cap stocks is also seen.
BSE's Smallcap Index has surged by more than 0.47% to 18325. BSE's Mid-cap Index is trading 0.15% higher. In the market today, except for the metal stocks, all-round shopping is being seen. Buying in IT, auto, realty, FMCG and pharma stocks is gaining market enthusiasm. BSE Realty Index has gained 0.65%, while Nifty's IT index has gained 2.07% and Auto Index gained 0.40%. The Nifty's pharma index has seen an increase of 0.74% and the FMCG index rose by 0.38%. Banking stocks in today's trade have also increased, which led to the rise in the bank nifty by 0.46% to 25,510. However, today metal stocks are seeing weakness, due to which the metal index of the Nifty is down by 0.50%.
For more information Whatsapp@ +91-9755855566 or visit@ http://www.saiproficient.com/
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