Wednesday, January 9, 2019

Rudra Investment: Sensex Down 44 Points; Nifty Down Below 10850

One should always do profit in share market trading. Follow the  Rudra Investment research Rules and earn huge profits. The impact of the recession in the Asian markets has also been reflected in the Indian stock markets. The Indian stock market, which closed with a day before, opened with a fall on Thursday. The Bombay Stock Exchange's BSE fell by 49 points to 36,163 points, while the National Stock Exchange's NSE closed at 20,343 points with a loss of 20 points. In the early trading in BSE, the mixed trend in all sectoral indices. On the other hand, the Nifty saw growth in the banking and automobile sectors. There is a slight increase in the BSE mid-cap and small caps. At the same time, the Nifty midcap and small caps were trading in the green mark.



China shares open with declines

China's shares open on Thursday with a fall. The Shanghai Composite Index opened at 2,543.85, with a weakness of 0.02 percent. According to the news agency Xinhua, the Shenzhen Component Index opened at 7,442.70 with the weakness of 0.07 percent. According to the report of Xinhua news agency, Yuan can be allowed to weaken or strengthen up to two percent of the central parity value of each trading day in China's spot foreign currency exchange market. Yuan's central parity value compared to the dollar is equal to the weighted average of the value offered by the various components of the market before the opening of the interbank market on each business day.

US stock closed with firmness

American shares closed firmly on Wednesday. According to the experts of Rudra Investment, Dow Jones was 91.67 points, which is 0.39 percent, at 23,879.12. The S & P 500 index was up by 10.55 points, or 0.41 percent, to 2,584.96. The Nasdaq composite index rose 60.08 points, or 0.87 percent, to 6,957.08.

US Dollar rolled

The US dollar has fallen on Wednesday. Since October 2018, it has dropped to the lowest level. In the New York trading, the euro rose to $ 1.1544 from the previous trading figure of $ 1.1442. British pound increased to $ 1.27794 against the dollar of $ 1.2719. The Australian dollar rose to $ 0.7180 from $ 0.7139. The dollar index slipped 0.72 percent to 95.2150 with weakness.

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