Stock market closed flat even after touching the historical height of the Sensex

in #stock6 years ago

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Mumbai:

There is a lot of speed in the country's stock exchanges today. After half day's trading, the Sensex and the Nifty came down and saw the ups and downs in the business. At the closing of the evening both of them were flat in the market. The Sensex, which closed only 6 points, closed at 36541, while the Nifty closed down 4 points below 11018 only.

Explain that the Sensex had reached a new height in the initial trading today. Despite the weakening of macroeconomic data released on Thursday, it reached a new level of 36,740.07 points due to profit from companies like Infosys, Coal India and Wipro. According to the brokers, the stock markets got the advantage of the rupee against the dollar and the steady indication of Asian markets. The Sensex of the Bombay Stock Exchange remained steady for the sixth consecutive day. It rises by 191.66 points, or 0.52%, to an all-time high of 36,740.07.

In the last five sessions, it registered an increase of 973.86 points. Yesterday it closed at a record height of 36,548.41 points. Similarly, the National Stock Exchange's Nifty is up 48.15 points, or 0.43%, to 11,071.35 points. Infosys shares have seen an increase of 1.42%. The company is going to announce the results of the first quarter of fiscal year 2018-19 today. According to the macro-economic data released yesterday, the country's retail inflation rate for June has been 5 percent, which is a high level for the past five months. For the month of May, the country's industrial production index was 3.2%, which is a seven month low level.

Thank you !!

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