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Expansion
Despite the weakness from the global markets, the Indian markets have opened with strength for the third consecutive day. Despite the weakness from the global markets, the Indian markets have opened with compulsion for the third consecutive day. Before that, there is a lot of volatility in the US markets.
The Dow Jones closed down only 142 points after falling more than 600 points. Apart from this, JP Morgan and Morgan Stanley have shown weakness in their stocks after the weak results.
At the same time, after the statement of the Fed Governor and the President, there has been a slight recovery in the market. Talking about the European markets, there is also an environment of weakness here. On an average, all the three indices have lost more than 1.5 per cent. Light selling is also being seen in Asian markets. SGX Nifty is trading with a decline of 5 points.
On Friday, the last trading day of the week, the Sensex has gained 280.27 (0.52%) and the index is trading at a level of 53696.42. At the same time, the strength of 84.30 (0.53 percent) is visible in the Nifty 50 index, this index is trading at the level of 16023.
Rupee on Lifetime Low
In early trade on Friday, the Indian rupee has gone up to 79.92/93 against the dollar. Let us tell you that on Thursday it closed at the level of 79.8750. Rupee has also touched its lifetime low of 79.95 in its opening trade.