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Share Market Starts Flat, Fluctuation Continues in the Market

Monali Gupta

In the stock market Tuesday, the start of the business is flat. In the beginning of the trading, the National Stock Exchange (NSE) 's Nifty was seen above 11,350. The Bombay Stock Exchange (BSE) Sensex rose by 28.17 points to 38,059.30, while the Nifty rose 10 points to 11,356.20.

Market volatility is only seen in the early stages of the business. At one time, the Sensex had dropped more than 100 points and it also went below 38 thousand. Nearly 415 shares were up and 313 declined.

Among the major gainers, Eicher Motors, Hero MotoCorp, Axis Bank, Asian Paints, Titan, Voltas etc. were among those who have seen decline while YES Bank, Zee Entertainment, HDFC, HDFC Bank, India Bulls Housing, IOC, Tech Mahindra And Bajaj Auto is involved. All sectors except auto and metal were seen in the increase.

Rupee rose 9 paise to 69 against dollar on Tuesday, closing at 69. The rupee closed at 68.91 on Monday. Even in the pre-open session, the S & P CNX Nifty remained flat but the trend remained positive.

Following the disappointing atmosphere last week, the stock market was open on Monday with the fall. Sentiment weakened due to declining Asian markets and selling of FIIs. During the trading on Monday, the Bombay Stock Exchange (BSE) Sensex dropped 400 points and dropped below the psychological level of 38,000.

Similarly, the National Stock Exchange (NSE) Nifty also went below the 200-day Exponential Moving Average (EMA). Since the sale of the sale after the budget, till now the investors have seen a loss of about Rs 6 lakh crore. Finally, the Bombay Stock Exchange (BSE) Sensex dropped 305.88 points to close at 38,031.13. Similarly, the National Stock Exchange's (NSE) Nifty closed 82 points down at 11,337.15.

In the Indian stock market this week, there will be signs of foreign currency derivatives from the foreign markets, as well as the financial results of the major companies, the report of progress of monsoon, crude oil prices in the international market and rupee movement against the dollar.

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