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The BSE Sensex Monday crashed over 495 points and the NSE Nifty shed more than 158 points as macroeconomic worries resurfaced following reports that US will end sanctions waiver on Iranian oil imports.
On 22nd April 2019, experts Gaurang Shah, Head Investment Strategist, Geojit Financial and Hemen Kapadia of KR Choksey Shares and Securities, answered viewers' questions on the stocks, shares, stock market, share their opinion on stocks to buy, sell and hold for best returns.
The benchmark BSE Sensex cracked over 300 points in early trade Monday tracking losses in index heavyweights RIL, HDFC and ICICI Bank, amid weak global cues, sinking rupee and soaring crude oil prices.
For this week, Nifty Resistance is seen at 12,000, 11,850; Support at 11,760, 11,710 and for Bank Nifty Resistance is seen at 30,600, 31,000 whereas Support at 30,160, 30,030.
Shares of Jet Airways continued to fall for the second day in a row, plummeting over 32 per cent on Thursday, a day after the ailing airline shuttered its operations temporarily.
After rising to an intra-day record of 39,487.45 points, the 30-share index turned negative to settle 135.36 points, or 0.34 per cent, lower at 39,140.28. The broader NSE Nifty slipped 34.35 points, or 0.29 per cent, to 11,752.80.
Private sector lender RBL Bank Thursday reported a jump of 39 per cent in its net profit to Rs 247.2 crore for the fourth quarter ended March 31, 2019. The bank had registered a net profit of Rs 178.10 crore in the January-March period of the preceding fiscal (2017-18).
On ‘CALL BTVI’ show, experts share insights to help you gain clarity on key aspects including market sentiments, stocks to buy, sell or hold; biggest risks and stock recommendations. Also, get guidance on investments & trading, stock picks; analysis on stock movements, market predictions and more from experts.