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Market This Week Marathi News: Indian stock market on Friday, Weekend trading sessions, Closed with a little growth and remained in green on the basis of the week. Due to the increase in banking shares, this week (September 29-October 9) supported the market growth. This was a boom in banking shares after the declaration of several debt reforms. Dollar weakness also booming metal shares.

Friday The Nifty 2 index is 5.5 percentHe increased to 1,949.5, while the BSE Sensex increased by 5.5 percent to 5.5. Both indexes increased by about 5 percent a week. Banking shares, public sector banks and private sector banks, whose index contributed significantly to this growth, contributed to this growth.

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Due to the Reserve Bank of India’s decision to relax the rules for capital markets and large companies on Wednesday, heavyweight banking shares increased by 8.5% in public sector banks, 5.5% in public sector banks and private sector banks by 5.5%.

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On Friday, metal prices rose by 5.5 percent, which reached the Nifty Metal Index. On the basis of the week, the weak dollar, the expectation of interest rate cuts in October and the disruption of the supply, increased the Nifty Metal Index by 5.5 percent. In the widespread market, the small-cap and mid-cap index increased by 8.5 per cent and 5 percent this week.

In addition, the shares of Tata Motors this week increased by 5.5%, which is the best week of about five months. This increased after the record date of separating the truck and bus unit from the passenger vehicle business was fixed. Investors also encouraged the announcement of resumption of production in Tata’s luxury unit, JLR after a month’s closure.

Meanwhile, shares of V-Mart Retail and Sai Silk were also in focus this week, which increased by 5 percent and 5.5 percent respectively on the basis of weekly, which was due to strong quarterly business updates.

An increase in investors’ wealth by Rs 1.5 lakh crore

This week, investors have invested more than 90.9 lakh crore in the market. This week (September 29- October), the market capital of the BSE-Suspicious companies has increased to 90,3,3,700 crores. Last week, on Friday (September 29), it was 90,3,700 million. Thus, the market capital of BSE-scheduled companies has increased by Rs.

Nifty Technical Outlook

Sudip Shah, head of the technical and derivatives of SBI Securities, said, “The Nifty was dealing with most of the time of the day and he faced strong resistance around 5-7,3. Which closed at the upper level, as well as the 3-day EMA (1-3,3,3), which shows that this zone is now working as an immediate basis. “

“The Nifty is relaxing on his 3-day EMA (1,3). However, there is resistance on a 3-day EMA (1, 19), which can limit the speed of growth in the near future.

Shah said, “The RSI has come back to the near the oversold zone. But it is still slightly below the Nutral Level of 2, which shows cautious optimism and survives the possibility of improvement. The MACD is still in the negative zone, but the length of the red stripes in the hystem is decreasing.

He said, “From a technical point of view, 1, 9-8, 19 zones will serve as an immediate resistance for the Nifty.