14 Days of No Big Fall in Indian Markets

Indian stock markets did not see a big rally on Tuesday, September 3. The Mumbai stock market index Sensex closed 4 points lower at 82,555 points and the National Stock Market index Nifty rose 1 point at 25,279 points. SBI Life Insurance, ICICI Bank, HDFC Life, Shriram Finance, Bajaj Finserv gained. ONGC, Infosys, Bajaj Finance, JSW Steel, Adani Ports suffered losses.

Only banking stocks rose half a percent. Otherwise, shares of media, energy, metals and real estate sectors fell by half to one-and-a-half percent. Abbott India. More than 250 including Bombay Burmah, Eris Life, Godrej Industries, HFCL, Jindal Saw, JM Financial, Lupin, M&M Financial, MphasiS, Oracle Financial Services, PCBL, Persistent Systems, PI Industries, Poly Medicure, Quess Corp, Shriram Finance, Voltas, etc. Firms hit 52-week highs.

On Tuesday, September 3, 22 carat jewelery prices remained unchanged at Rs 6,670 per gram in Chennai. A sawan gold is selling at Rs 53,360 while silver price is unchanged at Rs 91. The price of bullion silver is 91 thousand rupees per kg. 3% of the price of gold and silver must be paid in GST at any shop. At the same time, for gold and silver, the commission and damage varies from shop to shop.