Stock Market Live: Sensex up 200 points, Nifty closes around 11000, ICICI Bank raises 8%

Sensex up 201 points to 33550 and Nifty rises 48 points to 10078 levels.

The rise in the rupee and the rapid rise in the Asian markets on Monday led to the start of the domestic market. Sensex open at a level of 33,550 with a jump of 201 points. On the other hand, the Nifty rose 48 points to 10,078 levels. 

After the start of the market, the market has lost a little edge. ICICI Bank has registered an increase of 5%, Yes Bank by 2%. On the NSE, the sectoral indices have been trading with the increase in auto, pharma, PSU bank. However, there is a fall in IT, Realty and FMCG.

Midcap-Smallcap stocks rally

Even in mid-caps and small-caps, shares are available to buy. The BSE mid-cap index has gained 0.50 per cent, while the Nifty Midcap 100 Index has gained 0.52 per cent. BSE's Smallcap index rose by 0.48 percent.

 What stocks fall, boom in

During the business, ICICI Bank, RIL, Maruti, ITC, SBI, Sun Pharma, Axis Bank, Yes Bank, Infosys have increased. There is weakness in Kotak Bank, IndusInd Bank, HDFC, ONGC, HUL, HDFC Bank, TCS and Wipro.

 This factor dominates the market

The weak macro factor at the domestic level, the liquidity crisis in NBFC, the decrease in the flow of domestic mutual funds, the weak consensus story, the earning season being weak with expectations, political uncertainty in rupees are factors which are pressuring the market. 

At the same time, the 10-year bond yield in the US at the global level, weakness in many major markets worldwide, weakening the market attractiveness of foreign institutional investors, rising crude prices, trade war and geopolitical tension.

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