Home / Mumbai / Mumbai News / Article /
Danger Ranger
Updated On: 20 May, 2019 02:14 AM IST | Mumbai | Arun Kejriwal
Next three days are likely to be extremely turbulent; it is particularly perilous to trade right now

Shyam Saran Negi (102), who also participated in the country's first general elections in 1951, shows his inked finger at Kalpa, Kinnaur district of Himachal Pradesh. Pic/PTI
Markets last week gained on expected lines, except that they rallied on Tuesday instead of Monday. The delay in rise was because of huge last hour selling on Monday which rattled markets. The selling could be because of retaliatory action taken by China in the ongoing US China trade wars which saw Dow getting hammered on Monday night. The week ended with markets rising on three trading days and losses on the remaining two days. BSESENSEX gained 467.78 points or 1.25 per cent to close at 37,930.77 points while NIFTY rose 128.25 points or 1.14 per cent to close at 11,407.15 points. The low of the week was 36,956.10 points while it was 11,108.30 on the NIFTY.
This effectively means that the BSESENSEX rose almost 1,000 points from the low while NIFTY rose 300 points. The broader indices saw BSE100, BSE200 and BSE500 gain 0.90 per cent, 0.66 per cent and 0.46 per cent respectively. BSEMIDCAP was down 0.57 per cent while BSESMALLCAP was down 1.55 per cent.




