Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 24 Sep, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 24 Sep 2018
---------------------------------------------------------------------------------------------------------
Finally, a terrible week of trades came to an end, multiple headwinds triggered a massive sell-off on the street. Currency crackdown, rising crude oil prices, mega PSU Banks merger and tariff war between US & China were among the major macro-economic and global factors that dampened the sentiments. Apart from that, the NBFC stocks fell like a pack of cards on Friday. Specifically, DHFL nose-dived by over 50% during intra-day trades however recovered towards the end to close lower by ~42%. Besides, Magma Fin, Shriram Trans, Bajaj Finance, Can Fin Homes, Repco Homes and LIC Housing Finance were among the other top losers.
Yes Bank too saw a sharp sell-off registering its steepest fall ever after the Reserve Bank of India denied a 3-year extension to its CEO and asked him to step down after January 31, 2019.
For the week, PSU Bank index tumbled by 8.5%, Midcap 100 index slumped by 5.7%, Nifty Bank index dropped by 5.7%, Auto index declined by 4%, Pharma index slipped by 3.7%, Infra index was down by 3.2%, FMCG index fell by 1.8%, IT index was down by 1.5%, Nifty Energy index declined by 1.4% and Metal index slipped by a percent.
Finally, during the week, NSE Nifty lost 3.2% while Bank Nifty fell by 5.7%.
Yes Bank too saw a sharp sell-off registering its steepest fall ever after the Reserve Bank of India denied a 3-year extension to its CEO and asked him to step down after January 31, 2019.
For the week, PSU Bank index tumbled by 8.5%, Midcap 100 index slumped by 5.7%, Nifty Bank index dropped by 5.7%, Auto index declined by 4%, Pharma index slipped by 3.7%, Infra index was down by 3.2%, FMCG index fell by 1.8%, IT index was down by 1.5%, Nifty Energy index declined by 1.4% and Metal index slipped by a percent.
Finally, during the week, NSE Nifty lost 3.2% while Bank Nifty fell by 5.7%.
For Quick Trial Contact:
✆ - 09699997717✔
✆ - 0731-6626191 ✔
Mail: info@ways2capital.com
✆ Join us on WhatsApp @ 89620-00225 ✆
✆ 24/7 Customer Care 1800-3010-2007 (Toll Free).
0 comments:
Post a Comment