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The market has opened flat as the Sensex is up 20.82 points at 25796.56. The Nifty is up 4.45 points or 0.06 percent at 7836.05. About 500 shares have advanced, 127 shares declined, and 64 shares are unchanged. Dr Reddy's Labs is down 8.5 percent while Hero, HDFC Bank, Wipro and Lupin are major losers. Sun Pharma, Tata Motors, Infosys, L&T and HUL are top gainers.
The Nifty is likely to open higher on Thursday, according to futures trading on Singapore Stock Exchange (SGX CNX Nifty), which traded 0.34 per cent or 26.50 points up as of 08.24 a.m.The rupee (66.32/dollar) is likely to come under pressure tracking losses in the euro. The dollar index, which tracks the greenback against a basket of six rivals, touched an eight-month high of 100.170 overnight after a spate of US economic data reinforced views that the Federal Reserve will raise interest rates next month.
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ReplyDeleteI found it quiet interesting ,Thank you for posting the great content?I was looking for something like this?, hopefully
you will keep posting such blogs?intraday stock tips