Sensex closes 100 points down

Written by: CapitalAim on December 4, 2018


  Sensex closes 100 points down

The pressure of the sale of the sale was clearly visible in the market today. The Sensex today closed below 100 points weak. The Nifty has also closed close to 10870 with a slight weakness that means it is almost flat closed. On the other hand, before the RBI's credit policy, there was a trend of weakness in the bank nifty. The Bank Nifty closed today with a weakness of 150 points today. The midcap index is also 0.25% broken. At the same time, the smallcap index closed with a modest gain of 0.08%.

Talking about the highest performing show, today's turnover was seen in the highest decline in Sun Pharma, M & M, HDFC and Grasim, while BPCL, Zee Entertainment, Indiabulls Housing and UPL got the highest growth.

Today the weakness of the rupee has filled the IT stocks. The IT index has grown nearly 1.5% today. The fastest growing IT stocks include Infosys, Wipro, TCS, Tech Mahindra and HCL Tech. Persistent systems, first sources and hexaware have also closed with good growth. HCL Tech has signed a contract for digital service with Barclays today. This also has positive impact on the stock.

After the sharp fall yesterday, oil marketing companies also got a boost. Today stocks like HPCL, BPCL and IOC have seen an increase in the last hour. While HPCL was up 1.45% today, BPCL has also gained 3.5%. If you look at the IOC, there is also a bounce of more than 2%.

At the end of the trading, the BSE 30-share index Sensex closed at 36134.31 with a weak 106.69 points, ie 0.29%. On the other hand, NSE's 50-share index Nifty closed 14.25 points, i.e. 0.13%, at 10,869.50 level.

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