Latest News
Posted on | By Rabbani Don | In 2.Stock brokers said a marginal rise in the inflation
Similarly, the wide-based National Stock Exchange’s Nifty gained 43.80 points to 3,991.00.
Stock brokers said a marginal rise in the inflation, which inched up to 11.91 per cent for the week ended 5th July from 11.89 per cent in the previous week, failed to give any impact on the trading sentiments.
They said firm trends in global markets after crude oil prices declined further influenced the sentiments in Mumbai.
The Hong Kong’s Hang Seng index opened up 0.7 per cent.
Major gainers, which supported the Sensex were Larsen and Toubro, HDFC Ltd, HDFC Bank, ICICI Bank, State Bank of India, Mahindra and Mahindra, DLF Ltd and Reliance Petroleum.
Many new policies are being announced in the world wide level. Also many economic policies are about to announce that will affect the market condition. Also commodities are affecting due to dollar weaken. It is advised to take MCX tips from contributers to stay away from loss.