Source link
46 out of 50 Nifty stocks are trading higher due to strong market rally. While buying is going on in 26 out of 30 stocks in Sensex. At the same time, 10 out of 12 Nifty Bank stocks are bullish. Meanwhile, the rupee also looks strong today against the dollar in today’s trading session. Today, the rupee rose by 42 paisa against the dollar and opened at 82.30 against 82.72.
Price less than Rs 100, potential to generate income; Note these shares
Factors affecting the market
Market investors will be keeping an eye on US inflation data this week. US inflation data will be out on January 12. Interestingly, the rate of inflation in the US is likely to fall to 6.6 percent. The US inflation rate was 7.1 percent in November. In addition, the US Consumer Sentiment Survey will also be out this week. China’s inflation figures will also come out on January 12 and India’s inflation figures will also come out on the same day. Apart from this, South Korea’s economic policy meeting will also be held this week. BoA, BlackRock and Wells Fargo will report their Q4 results on Friday, while Citigroup and JP Morgan will also report their Q4 results on Friday.
Rocket shared with a news! Consider buying by reading the exact reason for the stock’s rise
Asian market
On the first day of the new week, the Asian market is seeing a boom. SGX Nifty rose by 130 points. At the same time, the Nikkei is trading at around 25974, up 0.60 percent, while the Taiwan Stock Exchange is trading at 14634.93, up 1.82 percent. Also, Hang Seng increased by 1.59 percent to 21,325.38 and Kospi also showed a strength of 1.89 percent. At the same time, the Shanghai Composite rose 0.63 percent to 3177.88.
Tata’s share took rocket speed even before IPO, demand increased in unlisted market; Price increased in 3 weeks
Boom in which sector
Today, all Nifty sectoral indices are trading higher and only the consumer staples sector is showing a slight deterioration. Ahead of the TCS results in today’s morning session, the IT sector was buoyant with business witnessing a two to quarter percent growth.
Which stocks rose?
In today’s morning session Sensex Tech Mahindra, TCS, Tata Motors, HCL Tech, Bharti Airtel, Wipro, M&M, Tata Steel, IndusInd Bank, Infosys, Sun Pharma, L&T, Powergrid, ITC, Reliance Industries, SBI, NTPC, Shares of HDFC, Kotak Mahindra Bank, Nestlé, HUL, Bajaj Finance, Axis Bank, Ultratech Cement, HDFC Bank, Asian Paints, Maruti and Bajaj Finserv are showing strong gains.
