29 January 2014

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Today The Intraday market has opened in green with Nifty clenching 6150. The Nifty is up 34.35 points at 6160.60 while the Sensex is up 102.63 points at 20786.14. About 250 shares have advanced, 45 shares declined, and 81 shares are unchanged.
Other gainers are ICICI Bank, Tata Motors , Sesa Sterlite and L&T. IT stocks are dragging a bit with Infosys among the losers in the Sensex. The Indian rupee opened higher by 18 paise at 62.33 per dollar versus 62.51 Tuesday. The yen extends its pullback early this morning, while higher-risk currencies like Australian dollar rally after turkey stunned markets with a massive interest rate hike in an effort to stem capital flight from its economy.
In the currency space, the yen extended its pullback early this morning, while higher-risk currencies like Australian dollar rally after Turkey stunned markets with a massive interest rate hike in an effort to stem capital flight from its economy. The dollar and euro also firmed on the Japanese currency as investors quickly unwound recent safe-haven flows.
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