The Intraday market has opened on a flat note Monday after
the brutal cuts seen last week. The Sensex is down 38.56 points at 24985.79 and
the Nifty is down 9.90 points at 7449.70. About 647 shares have advanced, 1051
shares declined, and 70 shares are unchanged. Tata Power, HDFC, L&T, Axis
Bank and Hindalco are top gainers in the Sensex. Among the losers are Infosys
(down 3 percent) ,Sesa Sterlite, Bharti Airtel, Coal India and Sun Pharma.
The Indian rupee opened marginally lower at 60 per dollar on Monday as against Friday's closing value of 59.92 a dollar. Asian stocks started the week with gains as fears about Portugal's banking sector receded and as investor attention turned to corporate earnings.
The Indian rupee opened marginally lower at 60 per dollar on Monday as against Friday's closing value of 59.92 a dollar. Asian stocks started the week with gains as fears about Portugal's banking sector receded and as investor attention turned to corporate earnings.
US intraday markets climbed on Friday, but closed lower for
the week, as investors weighed quarterly results from Wells Fargo and readied
for a slew earnings ahead.Meanwhile, Germany was crowned winners of the 2014 Fifa
World Cup beating Argentina 1-0 in extra time. Colombia's James Rodriguez won
the Golden Boot for his six goals in the tournament.
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