The Stock Market Expert report says The market continued to break for two consecutive days on Wednesday. Negative signals from the global market started weakening the market and this weakness continued until the end of the business. The Sensex, after selling pressure on banks, metal, realty and FMCG stocks, fell 206 points to close at 32,969. The Nifty closed 70 points lower at 10,114 points. In today’s trade, 30 stocks included in the Nifty 50 declined.

Earlier, the Sensex dropped 76 points to 33,098 points. At the same time, the Nifty started at the level of 10,144 with the weakness of 41 points.

Midcap, weakness in small-cap stocks

In early business, there is a weakness in midcap and smallcap Stock Market with large-cap stocks. BSE’s mid-cap index has fallen by 0.61 percent, while the BSE’s Smallcap index has declined by 0.68 percent.

Among the mid-caps, Berger Paints, PNB Housing, Oberoi Realty, Biocon, Bayer Crop, Natco Pharma, Emami Limited, Concore, IIFL, GSK Consumer have increased 0.65-3.04 per cent. But Vakrangi, IDBI, RCom, Adani Power, Dalmia India, Jindal Steel, Indian Bank, Central Bank, Torrent Power, SAIL and Ajanta Pharma declined to 4.98-2.11 percent.

In all sectoral index red marks

All sectoral indices on the NSE seem to be doing business in red marks. The worst decline has been recorded at 1.45 percent in the Nifty PSU bank index. Bank Nifty is trading 0.73 percent down at 24,255.65 level. In addition, Nifty Metal dropped 1.30%, Auto 0.37%, IT 0.54%, Realty 0.82% and FMCG 0.26%.

Although the BSE Consumer Durables index has a slight increase, while BSE Capital Goods, Oil & Gas and Power Index are showing weakness.

American market slipped

The fall in technology shares in Tuesday’s trading closed the US market. Dao Jones closed 345 points at 23,858 level. Nasdaq closed at the 7,009 level with a drastic drop of 212 points. The S & P 500 index closed at a level of 2,613 with a weakness of 46 points.

772 crore rupees fraud in IDBI bank, the stock broke up to 5%

772 crore rupees fraud has been detected in IDBI Bank. This happened in Fraud Bank’s 5 Branches in Andhra Pradesh and Telangana. In this case, the Central Investigation Agency CBI has registered an FIR. The impact of this news has also been seen on the stock of the bank, in which more than 5 percent of the decline has been recorded. Stocks on BSE fell 4.92 percent to Rs 72.45.

Get Free Trial Visit Here:- http://rudrainvestment.com/free_trail.php