Thursday, 8 February 2018

Nifty close to 10500; Sensex recovers 100 points



The domestic markets have started with the rise. In the initial trading, Nifty managed to reach 10,519, while Sensex knocked up to 34,250.5. Sensex and Nifty are trading with an increase of 0.25 percent.

Midcap and smallcap stocks are looking for a modest purchase. BSE's mid-cap index has increased 0.5 percent, while the Nifty mid-cap 100 Index has also seen an increase of 0.5 percent. BSE's smallcap index has strengthened 0.75 per cent.

Shopping in auto, IT, pharma, PSU bank, realty, capital goods, consumer durables and oil and gas stocks is being witnessed. Bank Nifty is trading at a level of 25,700 with a rise of 0.1 percent. However, pressure is seen in FMCG, metal and power shares.

At the moment, BSE's 30-share index Sensex is trading 97.5 points, or 0.3 percent, at 34,180 level. NSE's 50-share index Nifty is trading 23 points i.e. 0.25 percent and trading at 10,500 level.


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