After holding gains for a long time, today the intraday
market opened on a negative note but picked up momentum quickly. After losing
over 100 points, the Sensex is up 29.64 points at 21885.86, and the Nifty is up
13.20 points at 6530.10. About 468 shares have advanced, 175 shares declined,
and 29 shares are unchanged.
Infosys falls 8
percent in early trade as Narayana Murthy raised concerns on its guidance. The
Indian rupee opened higher at 61.02 per dollar on Thursday as against previous
day's closing value of 61.22 a dollar. It immediately breached 61 levels and
went up to 60.92 a dollar.
Shares of Sun
Pharmaceutical Industries fell more than 6 percent intraday Thursday on getting
USFDA import alert for its Karkhadi unit. US Food and Drug Administration have
given import alert for all products from this unit.
In other commodities, Nymex held steady at around USD 98 a
barrel in early Asian trade on Thursday, after plunging more than 2 percent in
their biggest drop in two months overnight as investors turned their focus to
the unfolding geopolitical crisis in Ukraine.
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