This week stocks markets going to influence by both the domestic and global issues. Domestically, Companies last quarter ending results, on 12th Industrial index statistics, and general elections will show the impact on indices. On the global front, America – China Trade war assumptions, BREXIT issue and China inflation indices results will show the impact. The rupee and crude oil price fluctuations may add to the above.
On Monday: Indices concluded the first day with pale performance due to heavy fluctuations of the stock and investor sentiment negative towards Q4 result announcements. Investors also had their eyes on elections. Real estate, Metal and Oil stocks rioted with sales. S&P SENSEX and NIFTY 50 lost 162 and 61 points respectively.
On Tuesday: Banking and Reliance industries boosted the indices on Tuesday to move up. Even though markets are in negative in the starting session, Investor sentiment strengthens and banking stocks purchased in a good quantity is triggered the markets green. Rupee appreciation added to the above. S&P SENSEX and NIFTY 50 gained 239 and 67 points respectively.
On Wednesday: Markets tumbled with pair stock HDFC and HDFC Bank stock rioted with sales on Wednesday and poor international market statistics also added to the above. In total fall of 354 points of SENSEX, pair stock share is almost 50%. The rupee appreciated by 18 paisa. S&P SENSEX and NIFTY 50 lost 354 and 88 points respectively.
On Thursday: Investors are moving their stocks are very carefully because of general elections, which are starting from 11th April, markets fluctuated heavily and traded at lower profits. Rupee appreciation added, but crude oil concludes in the negative, even though markets ended in green. S&P SENSEX and NIFTY 50 gained 22 and 12 points respectively.
On Friday: The benchmark indices ended higher on Friday because of ITC, GAIL, FMCG, Pharma and Automobile stocks performed well for the day. INFY and TCS share are concluded the day on almost flat because of results yet to be declared after the markets closed. S&P SENSEX and NIFTY 50 gained 160 and 47 points respectively.