Monday 7 May 2018

Sensex up 60 points, nifty around 10720-Sai Proficient

There are good indications from the global markets. Asian markets are also getting bullish today. SGX Nifty is also trading with a slight increase. In yesterday's business, Dao Jones was also closed on the rise. Now the market is on the verdict of Trump on Ban on Iran. Trump will decide on nuclear deal with Iran today. Among the global signals, the Indian market is also trading with growth today.

Small markets in the market today are witnessing good buying in small and mid-cap stocks as well, due to which the BSE's small index is showing an increase of 0.31%, around 18150 levels. At the same time, the BSE mid-cap index is trading close to the level of 16690 with an increase of 0.23%.


Shopping in banking, pharma, realty, energy, infra and IT stocks in today's early business are showing. Because of this, Nifty's IT index is trading 0.11%, Pharma Index 0.95%, Realty Index 0.11%, Energy Index 0.56% and Infra Index 0.22%.

Banking stocks, especially private sector banks, are looking good shopping, which led to the rise in the Nifty by 0.61% to 26,008.85 levels. In today's trading, Nifty's private bank index is trading 0.91% and PSU Bank index is trading at 0.31%.

However, during the business, auto, FMCG and metal stocks are under selling pressure. The Nifty's auto index is showing a weakness of 0.18%, FMCG index 0.02% and metal index 0.07%.

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