It is another day for the intraday market to break records.
The Nifty hit 7600, at 7621.65 up 38.25 points. The Sensex is up 147.14 points
at 25543.60. About 789 shares have advanced, 72 shares declined, and 25 shares
are unchanged. GAIL, Tata Power, ONGC, Maruti Suzuki and SBI are top gainers in
the Sensex.
- The Indian rupee has opened higher by 10 paise at 59.08 per dollar as against Friday's closing value of 59.18 a dollar. The dollar edged up against the yen in early trade on upbeat US employment data while the euro crept up from multi-month lows, continuing to shake off the impact from the European Central Bank's monetary easing last week.
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In commodities, crude prices are higher led by
optimism that monetary stimulus in the euro zone, and demand in the US, will
lift economic growth and demand for fuel. From precious metals space, gold
prices fell as the dollar index swung back into positive territory, after a
closely watched US Employment report came in almost exactly in line with
expectations, showing a solid pace of hiring in May.
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