Wednesday, October 17, 2018

Sensex zooms 380 points; Nifty above 10,700; Infosys up 4%; RIL gains 1%

Best Stock Tips, Stock Tips for Tomorrow, Day Trading Tips, Nifty Trading Tips, Equity Trading Tips, Free Intraday Trading Tips, Stock Tips Free Trial, Stock Trading Tips Tomorrow, Stock Market Update,
The domestic equity markets continued their strong rally on Wednesday, tracking positive Asian market cues. The 30-share Sesnex zoomed 380 points on open, while the broader Nifty 50 opened above the 10,700-mark. Infosys share price rallied more than 3.5%, buoyed by the strong Q2 results announced yesterday. Financial stocks such as ICICI Bank, Yes Bank, SBI, HDFC Bank and Axis Bank gained up to 2% in the morning trade. RIL share price rose by more than 1% ahead of Q2 results scheduled to be reported later today.  
The SGX Nifty was seen trading 120 points, or 1.12%, up at 10,703.50. Asian equities got some welcome relief on Wednesday after upbeat U.S. earnings reports drove a rebound on Wall Street and helped restore a little faith in emerging market stocks and currencies, Reuters reported. 
Oil prices extended gains into a fourth session on Wednesday, buoyed as industry data showed a surprise decline in U.S. crude inventories and as geopolitical tensions over the disappearance of a prominent Saudi journalist stoked supply worries, Reuters reported. The results of billionaire Mukesh Ambani-led Reliance Industries will be in focus today. According to a Bloomberg poll, RIL’s consolidated net sales is expected to come in at Rs 1.41 trillion; net profit is estimated at Rs 9,630.20 crore by 10 brokers. We bring to you live updates.
Source- https://www.financialexpress.com/market/share-market-live-updates-sensex-nifty-live-stocks-in-focus-rupee-vs-us-dollar-today-crude-oil-stock-reliance-industries-q2-results-ril-share-price-17-october-2018-wednesday/1351812/

1 comment:

  1. Nice blog , Getting Info about Comodity Market , its benificial blog for all Traders and Investors.

    Commodity market free trial

    ReplyDelete