Market Closed with Loss on 1st Day of New Financial Year

After a terrible financial year, market gave a weak opening on the first day of financial year 2017. The April series started on Friday, the top Indian Benchmark Indexes BSE Sensex fell down by 72.22 points and went down to 25269.64 and NSE Nifty fell down by 25.35 to 7713. In NSE Sectors IT, Metal, Pharma, Energy and Auto was in loss, whether Infra, Bank, FMCG, PSU and Mid100 Free was in profit today. If we talk about the Nifty Stock Performance,  Bank of Baroda secured the top most position are receiving the hike of 3.95%, followed by ITC, ACC, Bhel, Larsen and Bharti Airtel became the top loser after receiving the loss of 4.38%, followed by Bosch, Idea Cellular, TCS and Tech Mahindra. In Global Market, Japanese benchmark index Nikkei has received the loss of 594.51 points and currently trading at 16164.16.

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MCX Commodity Live with Stock Market Closing Updates

After the Budget, on the second day also market closed with big hikes. BSE Sensex has received the hike of 464 points and went up to the 24243. NSE Nifty went up to 7369 by rising 146 points. Indian Market paced up due to the updating done by RBI in Bank's State Revaluation Norms and the strong signs coming from Global Market. In Today's Trading Session, except FMCG and Pharma all other indexes have performed amazingly. The PSU Bank Index and Bank Nifty have hiked by 10% and 5% respectively. Auto Index paced up by 0.5% and Financial Services received 4% hike. 

In MCX Commodity Market, Silver is performing well and moving up with the hike of 155 points, but the scenario is not same with the Gold and Crude Oil. Currently, Gold Live at 29,160 with the loss of 66 points and Crude Oil Live at 2,295 with the loss of 48 points.

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