Rudra Investment: Stocks Fall In Sensex, But Rupee Strengthen

Rudra Investment Market Expert Said The Sensex of the Bombay Stock Exchange fell 354 points on Wednesday after the sudden fall in the shares of HDFC and HDFC Bank. The 30-share Sensex of the Bombay Stock Exchange fell by 353.87 points or 0.91 percent to 38,585.35. On the National Stock Exchange, Nifty also lost 87.65 points or 0.75 percent to 11,584.30. HDFC Bank lost 2.07% and HDFC 1.96%. Nearly half of the losses in the Sensex's 354 points due to the decline in both the companies of the HDFC Group.

India's economic growth rate is expected to be 7.3 percent in 2019

Among other Sensex companies, shares of Bharti Airtel, Asian Paints, TCS, HCL Tech, Tata Steel, SBI, IndusInd Bank and Hero MotoCorp dropped to 3.28 percent. On the other hand, shares of Tata Motors, Hindustan Unilever, Kotak Bank, Coal India, Sun Pharma, Mahindra and Mahindra, Bajaj Auto and ONGC gained up to 4.68 percent. Traders said that the International Monetary Fund (IMF) has reduced the global growth rate for the year 2019 to 3.3 percent, which has affected market sentiment. IMF has estimated India's economic growth rate in 2019 and 7.5 percent next year.

Rupee rises 21 paise against dollar

Meanwhile, according to the temporary data of the stock exchanges, foreign institutional investors bought shares worth Rs 1,212.35 crore on Tuesday. Domestic institutional investors sold shares of Rs 688.65 crore. The rupee strengthened by 21 paise to the dollar, the rupee on Wednesday rose by 21 paise to 69.09 rupees against the dollar in early trade due to weakness in the US currency overseas. Currency traders said the rupee was supported by the sale of American currency on behalf of exporters.

The expertise of Rudra Investment Expert says that Apart from this, the positive impact of the Indian economy on the International Monetary Fund also strengthened the rupee. On Tuesday, the rupee strengthened by 37 paise to close at Rs 69.30 per dollar. According to the initial data available with the stock market, foreign investors (FIIs) bought a net Rs 1,212.35 crore on Tuesday in the capital market.

Rudra Investment: Stock Market's Flat Start, Sensex At 38,700 Level

Rudra Investment expert says Before the start of voting for the general elections in the country and the results of companies' quarterly results, the country's stock markets are witnessing fluctuations. On Monday, the Sensex closed on the red mark, while on Tuesday there was a flat movement in the initial business. In the initial minutes of the business, the Sensex has seen a modest 20-point gain and is at 38,700 level. At the same time, the Nifty is at the 11,620 level with a 25-point gain. After the initial upsurge, the Sensex closed at 38,700.53, after touching the day's high of 161.70 points, while the National Stock Exchange's Nifty also dropped 61.45 points to 11,604.50.

This factor will work

According to market analysts, after the results of quarterly results and polling for the general elections, a profit-booking in the market could be seen. TCS and Infosys will announce quarterly results on Friday by two of the country's leading software exporting companies. Apart from this, the first phase for the Lok Sabha elections will be held on April 11. After the polling in seven phases, the votes will be counted on May 23.

HDFC Bank plans to raise Rs 50,000 cr

According to Rudra Investment, expert Private sector HDFC Bank shares gained on Tuesday in the turnover of the business. The bank's plan is to raise Rs 50,000 crore by issuing bonds through a private placement in the current financial year. The bank said, "The board of directors of the bank will consider this proposal in the April 20 meeting." HDFC Bank's stock closed at Rs 2,288.90 at the Bombay Stock Exchange on Monday losing 0.56 percent.

Rudra Investment: Sensex Jumped 176 Points, Nifty Surpasses 11,650

Rudra Investment expert says The Indian stock markets, which were postponed after RBI cut interest rates on the next day, have a strong start on the next day. On Friday, the Sensex of the 30-share BSE Sensex rose 112 points, to 38,797, and the National Stock Exchange's 50-share sensitive index, Nifty, rose 36 points to 11,634 points. At 9.32 a.m., the Sensex is up 176 points, with 38,860 points and the Nifty is trading 62 points with a gain of 11,660 points.

The boom in the banking sector

Following the cut in interest rates, the investors have an atmosphere of enthusiasm after the business is expected to grow in the banking sector. For this reason, the banking sector has a bullish atmosphere in the market. In the Sensex, the banking sector stocks are trading 205 points higher at 33,827 points. The shares of IndusInd Bank are the fastest growing segment of 1.74 percent.

A bullish atmosphere in these stocks

The Sensex has a bullish environment in Godrej Properties, Lakshmi Vilas Bank, ZENSAR Technology Limited, PC Jewelers and Reliance Power. Nifty has a boom in IndusInd Bank, Yes Bank, Indiabulls Housing Finance, Mahindra & Mahindra and BPCL.

The slowdown in these stocks

According to Rudra investment expert the Sensex update, RCom, Shriram City Union Finance Limited, Whirlpool of India Limited, Jet Airways and Cox and Kings have a recessionary environment. The Nifty has a declining environment in Adani Ports, HCL Technologies, ITC, Asian Paints and Bharti Airtel.

Rudra Investment: Sensex Crosses 39,000 Level For The First Time

The Opening Day Of This week Report By Rudra Investment expert says The stock market has made a new record on April 1, the first day of the new financial year. The Sensex surged more than 348 points in Monday's trading, surpassing 39,000 level. This is the record level so far. Earlier on August 29, 2019, the Sensex made a new high. The Nifty also crossed the 11700 level.

Bank Nifty has made a new record again today. It reached the level of 30627 with a 200-point rally. PSU Bank is looking at the fastest growth in the auto and metal index. Tata Motors and Vedanta saw around 4 percent growth. ONGC and Coal India are seeing a 1% drop in the market.

The stock market closed on the last trading day of FY 2018-19 Friday. The Sensex rose 127.19 points to 38,672.91 and the Nifty climbed 53.90 points to close at 11,623.90. The Sensex was up nearly 500 points during the trade on Friday.

Rudra Investment: Sensex Rises 126 Points In Early Trade

Rudra Investment expert says today Sensex and nifty updated Due to the rise in major indices, Indian stock markets have started fast on the following day of Holi. The 30-share index of the Bombay Stock Exchange Sensex rose 126 points to open at 38512. The National Stock Exchange's Nifty opened at a high of 11561, up 40 points. However, this slows down in a while, and at 9.30 am the Sensex is trading 63 points and is trading at 38,450 points. The Nifty is also trading at 11,552 points with 31 points in the green.

The situation of the sectoral index

In the Sensex, Nifty and mid-cap stocks are witnessing buying and they are trading in the green mark with this growth. All sectors except Tech, IT and Energy Sector are doing business with the edge. Nifty is showing an upturn in all the sectors except IT, media and metal.

A bullish atmosphere in these stocks

In the Sensex, there is a boom in SpiceJet, RCom, Adani Transmission, ECLERX Services Limited, and Bharti Airtel. Nifty has a boom in Indiabulls Housing Finance, NTPC, Bharti Airtel, Jee Entertainment and Ultratech Cement.

The slowdown in these stocks

 According to Rudra Investment expert says Nifty data released on Friday In the Sensex, there is a recession in shares of Kansai Nerolac Paints Limited, DBL, REC Ltd, KPR Mill Ltd, and GET & D. Nifty has a slowdown in TCS, Eicher Motors, IOC, BPCL and Maruti Suzuki.

Rudra Investment: Sensex gains over 80 points - Nifty crosses 11480

Rudra Investment expert says Even in the trading session on Tuesday, the Indian stock market has started well. The Sensex is trading at 38,181 at 9.20 am and the Nifty is trading 21 points faster at 11,483. Nifty 50 stocks out of 50 shares are trading in 31 green, 18 red and one without change. Talking about the index, the Nifty's mid-cap is trading 0.11 percent and the smallcap 0.04 percent increase. It is noteworthy that on Monday, the Sensex was trading 70 points up at 38,095 and the Nifty strengthened 35 points and trading at 11,462 level.

Situation of the Sectoral Index: On Tuesday at around 9.30 in the morning, Nifty Auto fell 0.69 percent, Nifty Finance Service up 0.22 percent, Nifty FMCG up 0.03 percent, Nifty IT up 0.18 percent, Nifty metal 0.16 percent down, Nifty Pharma is trading 0.81 percent down, and Nifty reality is trading 0.31 percent higher.

The spotlight of global markets: Today the major Asian markets have started sluggishly. At 9 pm, Japan's Nikkei declined by 0.26 percent to 21528, while China's Shanghai fell by 0.19 percent to 3090, Hang Seng was down 0.07 percent at 29389 and Taiwan's Cosper was trading at 2179. On the other hand, the Dow Jones rose by 0.25 percent to 25,914, with the Standard and Poor's 0.37 percent rise at 2832 and the Nasdaq with 0.34 percent to close at 7714.

Rudra Investment: Nifty Crosses 11,500 Level, Sensex Rises 323 Points

 According to Rudra Investment expert says  Nifty data released on Monday On the first day of the week, the stock market has seen an impressive growth on Monday. The Sensex is trading 323 points higher at 38,348 in the morning. The Nifty is trading at a level of 11,519 with a gain of 93 points. Since the announcement of the dates of the Lok Sabha elections, the stock market has been picking up. For the first time in six months, the Sensex crossed 38,000 level.

The stock market closed on a positive note last Friday. The Sensex climbed 269.43 points to close at 38,024.32 and the Nifty ended up 83.60 points at 11,426.85. The Sensex has jumped more than 1300 points from Monday to Friday.

Since the announcement of the dates of the Lok Sabha elections, the stock market is fast emerging. From Monday to Friday, the business has jumped more than 1300 points. The Sensex on Monday rose by 382 points. On Tuesday, it was 482 points and on Wednesday it was 200 points faster. Today, there is an increase of about 250 points on Friday. Behind the Sensex rally, strengthening of the rupee, increasing investment of FIIs, raising hopes of stable government, recovery in the banking sector etc. are being considered.