The market
continues its gaining streak on Thursday morning boosted by banking stocks.
The Sensex gains 376.86 points or 2.03 percent at 18944.41, and the Nifty is
up 105.65 points or 1.94 percent at 5553.75.About 282 shares have advanced, 25
shares declined, and 12 shares are unchanged.
On Thursday
the Indian rupee opened with a gain of 97 paise at 66.09 per dollar versus
67.06 Wednesday.
Rupee may
witness another session of strength today. RBI came up with fresh selling of
dollars yesterday which may keep dollar under some pressure. Further, with
overall downward trend in rupee, the local currency may witness some technical
bounce as it is trading in technically oversold zone. The range for the day is
seen between 66.60 to 67.30/USD."
From
precious metals space, gold fell 1.5 percent slipping below USD
1,400/ounce as strong US auto sales boosted economic hopes and fears of a
US-led military strike against Syria lost some of its urgency.
OPENING BELL
NIFTY FUTURE
UP106.90@5560
BANKNIFTY
FUTURE UP410.90@9360
SENSEX
UP290@18857
INR 65.82
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