Getting positive signals from overseas markets, Indian markets gained on Friday. The BSE Sensex rose 401 points to 24 871 and the NSE Nifty rose 139 points to close at 7,564. NSE all sectors except the PSU banking sector closed in the green.
Growth in all major sectors except banking
NSE in all sectors except the PSU banking sector gains. PSU banking sector closed down 2.19 percent. Auto 2 per cent, 1.62 per cent of energy, FMCG 1.23 per cent, 2.12 per cent in IT, metal and pharma 2.75 per cent from 1 per cent to close.
Foreign markets
Asian markets ended sharply today. Nikkei gained 2.80 percent, Shanghai 3.09 percent and Hang Seng closed up 2.54 per cent. Afternoon open European markets are also seeing gains. Dax 1 percent, the FTSE rose 0.96 per cent to 1.13 per cent and the CAC trades. The US futures also remain in the green.
Why hasnt stock market
Bank of Japan interest rate rise in the stock market by the negative cash flow in the system to enhance the policy and after the decision has been reported. The Bank of Japan's decision will help to increase demand. Asian markets gained after the decision, the benefits have had on the domestic market.
Growth in all major sectors except banking
NSE in all sectors except the PSU banking sector gains. PSU banking sector closed down 2.19 percent. Auto 2 per cent, 1.62 per cent of energy, FMCG 1.23 per cent, 2.12 per cent in IT, metal and pharma 2.75 per cent from 1 per cent to close.
Foreign markets
Asian markets ended sharply today. Nikkei gained 2.80 percent, Shanghai 3.09 percent and Hang Seng closed up 2.54 per cent. Afternoon open European markets are also seeing gains. Dax 1 percent, the FTSE rose 0.96 per cent to 1.13 per cent and the CAC trades. The US futures also remain in the green.
Why hasnt stock market
Bank of Japan interest rate rise in the stock market by the negative cash flow in the system to enhance the policy and after the decision has been reported. The Bank of Japan's decision will help to increase demand. Asian markets gained after the decision, the benefits have had on the domestic market.
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* Stock market optimism about U.S. President Donald Trump's economic agenda is overdone and political risk in Europe isn't priced in, according to some hedge funds who are betting that the rally in equities is coming to an end. capitalstars
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