Share Market faces an increment this week

May 12 2018 07:30 PM
Share Market faces an increment this week

With the signals from the global markets today, the Indian stock market is beginning to rise. However, pressure from the upper level is getting noticed in the market. The Sensex rose by 141.71 points, or 0.40 percent, to 35,349.85 and the Nifty rose 42.40 points, or 0.40 percent, to 10,757.90 on Tuesday. 

It is worth mentioning that in today's mid-cap and small-caps shares with large-caps, shopping is also being seen. The BSE mid-cap index has increased by 0.15%, while the Nifty mid-cap index is showing a robust growth of 0.23%. Bank, metal, auto and IT stocks are showing a sharp rise. Nifty Auto 0.23 percent, 0.35 percent in metal, Nifty has increased by 0.22 percent in IT. However, on the second trading day of the week, the rupee opened at a lower level of 15 months on Tuesday. The rupee depreciated by 4 paise to 67.17 against the dollar. 

However, today the Sensex is trading at 35294 levels with a rise of 86 points on Tuesday at 11:02 am, while Nifty is trading at 20, 000 points at the level of 10736. In the same way, the BSE and NSE witnessed growth too. While the BSE is trading at a high of 35294 with the fastest rise of 86 points, the NSE is trading at the level of 10736 with a 20-point increase.

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