On the last day of the week, domestic stock markets started the session with a high speed. Due to the strength of global markets, major indices appeared in green mark. The market's eyes are on the GST Council meeting to be held today. The rise in crude oil prices limited the market growth.
The health of the global economy may deteriorate. After the economic downturn of 2008-09, the global growth rate can slip to the lowest level of a decade. According to the OECD, it can fall from 3.6 percent to 2.9 percent. While 3 percent growth is expected in the year 2020.
At 9.30 am, the BSE Sensex was trading at 36,201 with a gain of 107 points or 0.30 per cent. At the same time, the Nifty 50 index also appeared with a gain of 16 points or 0.15 percent to trade at 10,721.
On Thursday, US stock markets got mixed trend. Dow Jones showed weakness of up to 0.19 percent. While the S&P 500 index closed without any significant changes. The Nasdaq Composite ended the session with a marginal gain of 0.07 per cent.
The BSE midcap index was recorded in red, while the smallcap index was recorded in green. The Power and Utility Index plunged over one per cent on the BSE. The auto and financial index gained up to half a percent.
Yes Bank shares rose 4.71 percent to Rs 56.85 on the BSE Sensex. Maruti Suzuki shares rose 2.45 per cent to Rs 6,083.70. Shares of HDFC Bank, Mahindra & Mahindra and Hero Motocorp gained 1.70 per cent, 1.29 per cent and 1.20 per cent respectively.
On the other hand, NTPC shares fell 2.05 per cent to Rs 119.25. ONGC shares slipped to a level of Rs 122 with a weakness of 1.93 per cent. Shares of Power Grid, State Bank of India and Axis Bank lost up to 1.69 percent, 0.96 percent and 0.85 percent respectively.
Foreign portfolio investors (FPIs) continue to sell in the Indian stock market. During the last session, he sold a net worth of Rs 892.52 crore in the domestic market. However, domestic institutional investors (DIIs) bought shares worth a net Rs 645.72 crore.
Best Equity Tips Provider
The health of the global economy may deteriorate. After the economic downturn of 2008-09, the global growth rate can slip to the lowest level of a decade. According to the OECD, it can fall from 3.6 percent to 2.9 percent. While 3 percent growth is expected in the year 2020.
At 9.30 am, the BSE Sensex was trading at 36,201 with a gain of 107 points or 0.30 per cent. At the same time, the Nifty 50 index also appeared with a gain of 16 points or 0.15 percent to trade at 10,721.
On Thursday, US stock markets got mixed trend. Dow Jones showed weakness of up to 0.19 percent. While the S&P 500 index closed without any significant changes. The Nasdaq Composite ended the session with a marginal gain of 0.07 per cent.
The BSE midcap index was recorded in red, while the smallcap index was recorded in green. The Power and Utility Index plunged over one per cent on the BSE. The auto and financial index gained up to half a percent.
Yes Bank shares rose 4.71 percent to Rs 56.85 on the BSE Sensex. Maruti Suzuki shares rose 2.45 per cent to Rs 6,083.70. Shares of HDFC Bank, Mahindra & Mahindra and Hero Motocorp gained 1.70 per cent, 1.29 per cent and 1.20 per cent respectively.
On the other hand, NTPC shares fell 2.05 per cent to Rs 119.25. ONGC shares slipped to a level of Rs 122 with a weakness of 1.93 per cent. Shares of Power Grid, State Bank of India and Axis Bank lost up to 1.69 percent, 0.96 percent and 0.85 percent respectively.
Foreign portfolio investors (FPIs) continue to sell in the Indian stock market. During the last session, he sold a net worth of Rs 892.52 crore in the domestic market. However, domestic institutional investors (DIIs) bought shares worth a net Rs 645.72 crore.
Best Equity Tips Provider
