Thanks to strong global cues on Tuesday, the stock market started fast. The Nifty, which rose 58 points to 9838. At the same time, the Sensex opened with a gain of 254 points at 31538 level.
Weaker start of rupees
Where the stock market started fast. At the same time, there was a weak start in the rupee. The rupee opened 31 paise lower at 65.56 against the dollar. The rupee had a strong start on Friday. On Friday, the rupee strengthened by 25 paise to 65.25 level.
RBI eyes on meeting
Tuesday saw better business in the Asian market. This also strengthens the domestic market. Before the monetary meeting of the RBI, the market has started well. There is a meeting of the Monetary Policy Committee on October 3-4. In this, RBI can take a decision on reducing the repo rate. Its direct impact may be on the market.
Flat closing market on friday
On Friday morning the market started with the edge. The Nifty, which opened with a strength of 38 points, at 9769 level. At the same time, the Sensex gained 85 points and the Sensex opened at 31367 levels. However, after a while, the period of progress in the market has slowed down. While closing in the afternoon, the Sensex closed at 31283 with a rise of 1.23%. At the same time, the Nifty closed at the 9789 level with a 20-point gain.