The sluggishness of the Asian markets has made the pressure on the domestic markets. There is no good sign from the US markets too. The world market has collapsed by hoisting trade war in the US and China. Nikkei and SGX Nifty are doing weak business.
The US market also fell off on Friday. The 10-year bond yield has seen a decline in the US.
The markets of China, Hong Kong, Taiwan and Indonesia are closed today. US-China imposed tax on each other The US has imposed 25% duty on China's 818 items. At the same time, China has also decided to impose up to 25% ($ 5,000 million) of duty on US products in retaliation.
This is the reason that there is a soft trend in the domestic markets too. However, the Sensex and the Nifty are looking at green margins with marginal gain.
Sensex and Nifty are seeing a slight increase in early trading. Nifty is seen around 10,825, while the Sensex is showing around 35,640. Though the trick of legendary shares may be relaxed, but the mid-cap stocks seem to be on the edge. But smallcap stocks are showing weakness.
BSE's Smallcap Index has reached around 16955 with a weak weakness of 0.02%. BSE's Midcap Index is trading 0.38 per cent higher.
The US market also fell off on Friday. The 10-year bond yield has seen a decline in the US.
The markets of China, Hong Kong, Taiwan and Indonesia are closed today. US-China imposed tax on each other The US has imposed 25% duty on China's 818 items. At the same time, China has also decided to impose up to 25% ($ 5,000 million) of duty on US products in retaliation.
This is the reason that there is a soft trend in the domestic markets too. However, the Sensex and the Nifty are looking at green margins with marginal gain.
Sensex and Nifty are seeing a slight increase in early trading. Nifty is seen around 10,825, while the Sensex is showing around 35,640. Though the trick of legendary shares may be relaxed, but the mid-cap stocks seem to be on the edge. But smallcap stocks are showing weakness.
BSE's Smallcap Index has reached around 16955 with a weak weakness of 0.02%. BSE's Midcap Index is trading 0.38 per cent higher.
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