It’s just around 1.20 pm on this post Manic Monday, Tuesday
NSE has seen a record Spot Cash Market Volume of near Rs 24000 crs…so has BSE where the Spot Volume is near a record Rs 7300 crs….With F & O,the Total Volume is already over Rs One Lakh crore with over two hours yet to go
Sensex is up over 4% to 14888,up 604 points…Nifty is up near 4% to 4489,up 165 points
And Wonder of Wonders ! Reliance Industries which has a 15% +Sensex weightage has not moved up…One of those rare days where the surge in the Indices are lead by Scrips other than Reliance….like Larsen & Toubro,ICICI Bank and BHEL
It’s been a glorious run for Banks,Real Estate and Capital Goods Sectors these past two days…while The IT and Pharma Sectors have reversed today as the Rupee strengthens to Rs 47.50 to the US Dollar
So you don’t really have to rely on Reliance all the time !