Monday 2 July 2018

Nifty closed around 10630, Sensex dropped 66 points-Sai Proficient

In the early business, the move of domestic markets is weak. The Nifty has come down to 10,650, while the Sensex is also showing a declining trend. Selling in mid-caps and smallcap stocks is going on. BSE's mid-cap index has dropped 0.25%, while the mid-cap index of the Nifty has dropped 0.3%. BSE's smallcap index has shrunk by 0.25%.

Selling in metal, realty, PSU banks and power shares is dominant. Bank Nifty fell 0.2% to 26,183.5. However, oil and gas and IT stocks are showing a slight increase.

Vedanta, Bharti Infratel, Grasim, Power Grid, UPL, ICICI Bank, Wipro and NTPC have fallen 3.1-0.7% in the market during this time of trading. However, Hero Moto, ONGC, Tech Mahindra, Axis Bank, Reliance Industries and Asian Paints rose 1.4-0.8% in the giants.


IDBI Bank, Amphisis, Oberoi Realty and Crisil have rallied 4-1.8% in mid-caps. However, United Breweries, Jindal Steel, Bharat Forge, Rajesh Exports and Berger Paints have risen 2.9-1.2% in the midcap stocks.

In the smallcap shares, 8 miles, NDTV, Aero Greentech and Avanti feeds are broken up to 13.7-4.9%. However, in smallcap stocks, Kiri Industries, MSR India, Manappasand Beverages, Ahluwalia and Electrosteel Steels have been up 13.2% each.

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