Tuesday, March 12, 2019

Rudra Investment: Stock Market Rally, Sensex Surpassed 37600 Levels

The Research Team of Rudra Investment said today's Sensex updates After the announcement of the dates of the Lok Sabha elections, the stock market opens on the green mark for the third consecutive day. In the past two days, the Sensex has jumped more than 850 points. Today, on Wednesday, the Sensex is trading at 37,665.83 with a gain of 130 points and Nifty is trading 16 points up at 11,317. During the business, the banking sector is looking forward. HDFC, Axis Bank is up 1 percent. SpiceJet's shares saw a decline of 8 percent.


Sensex jumps 850 points
The Sensex on Monday rose by 382 points. On Tuesday, it rose 482 points. On the other hand, the Nifty has reached a high of about 6,200 level at about 6 months. The rupee has gained momentum in Tuesday's business and it reached 2 months high. The rupee has gained nearly 28 paise to level at 68.60.

Reasons for the increase in the share market
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. In the past two days, the Asian market has seen a sharp rise. However, today it did not show the edge.

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