The Intraday market has kick started on a strong note as
Sensex is up 170.25 points at 25811.81. The Nifty is up 43.50 points at
7707.40. About 672 shares have advanced, 128 shares declined, and 34 shares are
unchanged. Reliance is up 2 percent, Sun Pharma, Tata Steel, BHEL and Bharti
Airtel are top gainers in the Sensex. Among the losers are GAIL and HUL. FTIL
is up 7 percent.
The Indian rupee opened flat at 60.29 per dollar versus
60.28 Friday. The dollar holds steady as some calm returned to markets
following an initial bout of risk aversion stemming from a flare up in
geopolitical tensions.
Asian Intraday stock markets started the week with gains but the mood
was cautious due to ongoing geopolitical tensions. Trading volumes were light
with Japan shut for a holiday on account of annual Marine Day. In commodities,
Brent crude slipped below USD 108 per barrel as investors took profits even as
tensions between Russia and the west remained high.
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