The market open positive path with happiness to investor, the global market is looking see green mode and Asian market, European market better performance in morning trends.
The 50 index Nifty touched 5900 in mid- morning trade on Friday 05 July and 200 points up Sensex in early trends.
10:30 am, The 30 share Sensex index was it up 158.25 points or 0.82% at 19569.09, it was touched high levels 19640.27 and touched low levels 19532.13.
The 50 share Nifty index was it up 46.70 points at 5883.65, it was touched high levels 5900.45 and touched low levels 5872.35.
Market doubt will continue for the next 2 days. NIM will increase the pressure on banks to reduce rates. So stay away from investing in PSU banks. Investors in private sector banks, ICICI Bank, Axis Bank and HDFC Bank declined a little shopping.
UCO Bank is not expected to be jumped in the long term. UCO Bank, Tata Power moves from the investor bets. Tata Power is expected to receive a good return. IT index share TCS and HCL Tech and pharma sectors are looking lupin stocks.
Today nifty gainers and losers:-
Nifty gainers:- JP Associate 4.01%, Jindal Steel 3.46%, IDFC 3.14%, Ranbaxy 2.73%, Reliance 2.22%, Bank Baroda 2.18%, Hindalco 2.00%, Sesa Goa 1.90%, Tata power 1.87%.
Nifty losers:- Gail 1.15%, Coal India 0.83%, M&M 0.46%, BPCL 0.41%, Lupin 0.19%, ICICI bank 0.15%.