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Domestic stock markets suffered losses in today’s trade. Heavyweight banks and financial institutions are pulling the markets down, giving stock indices a break in the upward direction. Not only our markets but also the stock markets of Asian countries are under selling pressure. As Federal Reserve Chairman Jerome Powell announces an interest rate hike next month, financial markets are reeling negatively. At the start of trading, the Sensex was down 238 points at 57,673.51 points.
The Nifty was down 90 points at 17,302.35. Nifty Bank traded down 414 points at 36,401.55. Adani Ports, HCL Technologies, Maruti Suzuki, Bajaj Finance, Bharti Airtel, Hindalco Industries, State Bank of India, Cipla, HDFC Life Insurance and Axis Bank were among the gainers in the Nifty 50 index. .
Some penny stocks traded higher on Friday. It is good to look at these stocks in the next sessions as well
mr no | Security Name | LTP / Close | Circuit Limit % |
1 | Kaushalya Infrastructure Dev Corp Ltd | 5.83 | 10 |
2 | Zenith Steel Pipes & Industries Ltd | 4.53 | 4.86 |
3 | Raj Rayon Industries Ltd | 4.76 | 4.85 |