Thursday 26 July 2018

Nifty hits 11200, Sensex surges 200 points-Sai Proficient

The August series market has started with record fast. The Nifty opened itself to record the highest level of 11,232.75, while the Sensex touched a new record of 37,273 higher level. Sensex and Nifty are showing an increase of 0.5%.

Shopping is also seen in mid-caps and smallcap stocks. BSE's mid-cap index has jumped 0.7%, while the mid-cap 100 index of Nifty has gained 0.75%. BSE's smallcap index has increased by 0.5%.

Shopping in FMCG, Metal, Private Bank, Auto, Pharma and Power shares Bank Nifty has gained 0.5% to 27,540 level. However, pressure is seen in PSU banks, IT and realty stocks.


During the business turnover, ITC, Hindalco, Indiabulls Housing, Tata Steel, Eicher Motors, Asian Paints, Hero Moto and Vedanta have risen 4.4-0.9%. However, Dr Reddys, Grasim, Ultratech Cement, ONGC, SBI, Bharti Airtel, Maruti Suzuki and TCS have fallen 2-0.3% in the giants.

In the midcap stocks, Biocon, Adani Enterprises, Ajanta Pharma and JSW Energy have strengthened 6.5-2.5%. However, Canara Bank, Petronet LNG, Indian Bank and Union Bank have rolled down 1.6-1% in mid-cap stocks.

Small-cap stocks like New Fluorine, Mahindra CIE, Indo-National, Custom Beverages and Can Fin Homes have risen to 6.8-5%. However, RS Software, Ajmera Realty, JBF Industries, LEE and Indian International in Smallcap Shares are broken up to 6.4-3.9%.

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