Weekly Stock Market Updates

Our markets have ended up in the profits even though trade war fears, FIIs sales, and our rupee weakness compared to the US dollar. The main reasons for profits.

  • Investors are purchasing Fertilizers and Agri-based company shares because the government raises minimum support price of kharif crops.
  • Fertilizer-based companies such as Coramandal International, Deepak Fertilizers, and RCF shares receives the purchase support.
  • Agricultural-based companies such as Kohinoor Foods, El Foods, and Chaman Lal Sethia shares receives the purchase support.
  • FMCG shares are in positive by rainfall forecast
    And IT and Pharmaceutical shares also supported by the rupee weakening.

 

Commodity and Forex Markets

  • Gold price rose where as Silver and Crude Oil prices are fall slightly.
  • Our rupee weakened by 0.41 paise against the US dollar.

 

 

 

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