Friday 27 April 2018

Today's Stock Market Trading Tips-Sensex, Nifty trade higher; PSU banks gain 5%, Axis Bank most active

The markets continue to trade higher as Nifty is hovering around 10,700 and Sensex inching towards 35,000 mark.
The Sensex up 213.37 points at 34926.97, and the Nifty up 59.40 points at 10677.20. About 1463 shares have advanced, 806 shares declined, and 137 shares are unchanged.
Midcaps are currently trading at par with benchmarks. Meanwhile, PSU banks continue to lead with Nifty PSU banks trading with 5% gain.

The market has extended its gains from the opening minutes, with the Sensex rising over 250 points, while the Nifty has managed to clock 10,700 as well.
The market breadth strongly favoured the advances. Midcaps are trading strong, seeing gains of half a percent, but were underperforming the benchmarks.
All sectoral indices, barring IT, are trading in the green. Shares of Reliance Industries has crossed Rs 1,000 mark ahead of Q4 earnings. Meanwhile, Bharti Airtel and Wipro are the  laggards in the morning trade, being the top losers on Sensex and Nifty.
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