Markets weekly wrap: Nifty rises 0.5%, Sensex soars 0.8%

Equity tips:-

stock option tips
stock option tips
  • The Nifty50 kept consolidating for the fourth session on Friday and made a candlestick pattern like the ‘Doji Cross’ on the daily chart. The benchmark index closed marginally lower snapping its 2-day gaining streak at 9,665, down by 8 points or 0.1%. 
  • Profit-booking in IT, financials, FMCG and banking stocks amid weak global cues led the markets to consolidate. BSE Sensex closed at 31,360 marginally lower by 8 points or 0.03% on the last day of the week. 
  • The broader markets rose further, the Nifty Mid-cap and Small-cap indices gained by 0.13% and 0.52%, respectively. 
  • On a weekly basis, barometer indices Nifty ended with gains of 0.5% and BSE Sensex closed with gains of 0.8%.
  • Looking at the broader market indices the BSE Mid Cap and BSE Small Cap indices outperformed the benchmarks gaining as much as 1.7% and 2.1%, respectively, during the week. 
  • Among the sectoral indices, Nifty Realty is dominating for the past couple of weeks and has retained its spot as the top performing index with the gains of 4.4% on a weekly basis. Other sectors such as Nifty PSU gained 1.1%, Nifty Media and Nifty Metal gained 1.3%, Nifty Pharma gained 1.1%, Nifty Bank gained 0.7% and Nifty Auto gained 0.4% during the same period. 
  • On the flip side, Nifty FMCG shed 1.1% and Nifty IT index shed 1%, in the week ended on Friday.


If you want to more information regarding the Stock tips,commodity tipsnifty tips missed call @ 9069102223 or fill form http://24cfin.com/free-trial

Comments

Popular posts from this blog

Closing Update of Indian Share Market of 3 December'2018

Morning Update of Indian Share Market- 5 December 2018

6 December 2018- Morning Update