Thursday 31 May 2018

Today's Stock Market Trading Tips-Sensex up 100 pts, Nifty Midcap underperforms; F&O expiry eyed

The market is trading higher ahead of expiry of May derivative contracts, tracking positive move in global peers after easing of Italy political concerns.
The 30-share BSE Sensex rallied 94.98 points at 35,001.09 and the 50-share NSE Nifty rose 22.60 points to 10,637. About 1,013 shares advanced against 740 declining shares on the BSE.

HDFC Bank, HDFC, Reliance Industries and Infosys support the market while ICICI Bank, SBI, Axis Bank, TCS are under pressure.
Benchmark indices started off the expiry day on a strong note, tracking positive trend in global peers on easing of Italy political concerns.
The 30-share BSE Sensex rallied 141.30 points to 35047.41 and the 50-share NSE Nifty gained 42 points at 10,656.40.
Jubilant Foodworks, Punj Lloyd, Apollo Hospitals, Deepak Fertilisers, Satin Creditcare, KNR Construction, Sadbhav Engineering and Saksoft surged up to 15 percent.
Manpasand Beverages, Vakrangee and V-Guard Industries fell up to 10 percent.
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