In the last session of the week, the domestic stock market opened strong. Best Share Market Tips Provider says about Yes bank The enthusiasm of Asian markets has fueled the Indian market. The markets have hoped that the trade war dispute between the US and China will soon be low. The rupee also reached the level of 71.85.
At 9.30 am, the BSE Sensex was trading 109 points or 0.31 percent higher at 35,370. On the other hand, the Nifty 50 index was up 30 points or 0.28 per cent to record at 10,646 level. India's risk index VIX index was up to 3.29 percent soft.
Rudra Investment ex said, "Whenever the test is done at the same level, it becomes the level of change. The Nifty 50 index can cross 10,650 and move towards 10,700-10,750. Should keep a close watch on the changes "
On Yesterday, the US stock market gained firmness. Daw Ax jumped up to 0.83 percent, while the S & P 500 index jumped 1.06 percent. Nasdaq composites finished the session with an increase of 1.72 percent.
On the BSE Sensex, Sun Pharma's shares rose 1.68 per cent to Rs 523.60. Axis Bank's shares increased by 1.48 per cent to Rs 634.90. Asian Paints and Reliance Mahindra & Mahindra's shares rose 1.20%, 1.09% and 0.94%, respectively.
Former chairman of State Bank of India, OP Bhatt has resigned from YES Bank's panel. This panel was appointed to search the bank's new CEO and MD, who will replace Rana Kapoor. Tomorrow, the non-executive chairman of the company had resigned from his post. ONGC shares also saw a major drop. It is being told that the government is going to sell ONGC, IndianOy and Oil India's $ 2 billion shares to meet its disinvestment targets. The shares of these companies dropped down to 3-3 percent.
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