Thursday 31 May 2018

Nifty closes around 10750, Sensex recovers 80 points-Sai Proficient

The first trading day market for the June series has started with increase. Nifty has managed to cross over 10,750 while the Sensex has gained 100 points. Sensex and Nifty are trading at about 0.25%.

There is an environment of slowdown in mid-caps and smallcap stocks. The BSE Mid-Cap index has increased 0.1%, while the Nifty mid-cap 100 index is flat. The BSE's Smallcap index is also flat.

Shopping in auto, IT, pharma, consumer durables and realty stocks is showing. However, banking, FMCG, power and oil and gas shares are under pressure. Bank Nifty is trading at a level of 26,886 with a decline of 0.25%.



During the business turnover, ICICI Bank, Bajaj Auto, Indiabulls Housing, Maruti Suzuki, BPCL, Sun Pharma and Tata Motors have risen 4.2-1%. However, ONGC, IndusInd Bank, Kotak Mahindra Bank, HDFC Bank, Power Grid and Adani Ports have fallen 3-1.2% in the giants.

In the mid-caps, Vakrangi, LIC Housing, IDFC Bank and Marico have risen 4.9-1.3%. However, Amara King Batteries, Oracle Financial Services, Amphassis, Home Finance and Reliance Power have risen 3.1-1.4% in mid-cap stocks.

Among the smallcap stocks, Jindal Poly, Manufacturing Beverages, Modern Industries and G Lear have grown 6-4.6%. However, development in smallcap stocks Eko, Nandan Denim, DCW, Atlanta and Acciscades engineering have broken up to 12.2-7The first trading day market for the June series has started with increase. Nifty has managed to cross over 10,750 while the Sensex has gained 100 points. Sensex and Nifty are trading at about 0.25%.

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