Sensex-Nifty pick up in early trade

New Delhi / Mumbai, 30 October: Sensex and Nifty have started well in the early hours of the fourth day of the business week. Along with heavyweight stocks, midcap and smallcap stocks are also enthusiastic. The midcap index of BSE is trading 0.55 per cent and the smallcap index is trading 0.34 per cent. Oil-gas stocks are also seen today. The BSE oil and gas index is trading up 0.68 per cent.

In the market, purchasing is being seen in all important sectors except the auto sector. FMCG, IT, realty and pharma stocks seem to be the strongest. Bank Nifty is seen rising by 0.40% to cross 29,990 due to strong buying in banking stocks.

At 10 am, the Bombay Stock Exchange’s (BSE) 31 shares sensitive index Sensex(SIS) is trading around 39,925 with a gain of about 110 points, ie 0.27 per cent, while the National Stock Exchange (NSE) 50-share Nifty is the leading index of 35 points. Is trading around 11,820.

Talking about Asian markets, mixed business is being seen here. On the other hand, before the US Fed’s decision on interest rates, the US market closed on Tuesday. The Nasdaq slipped more than 0.5 percent in the business. The Dow also closed with a fall. The S&P-500 also slipped  after reaching record highs.

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