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.
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