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Today The Intraday market has opened higher. The
Sensex is up 71.07 points at 28876.17 and the Nifty is up 29.95 points at
8741.50. About 464 shares have advanced, 144 shares declined, and 136 shares
are unchanged. SBI is up 2 percent while ICICI Bank, Hero, Dr Reddy's Labs, and
Sun Pharma. BHEL is down 5 percent and Coal India, ONGC, Infosys and M&M
are losers in the Sensex.
The Indian rupee gained in early trade. It rose 18 paise to 62.13 per dollar against 62.31 Thursday. The dollar drops across the board after weaker-than-expected US economic data. Meanwhile, Asia was mixed in morning trade as a stronger yen curbed risk appetite in Japan. The stocks in the US closed sharply higher as investors cheered a cease-fire agreement between Russia and Ukraine, amid firming oil prices and strong earnings reports.
The NASDAQ closed up 1.18 percent to 4,857 its highest level since March 2000.In commodities, Nymex Crude rose above USD 51 per barrel as news of deeper industry spending cuts and a sinking u-s dollar revived buying. Brent crude rises to USD 59 per barrel. From precious metals space, gold remained largely unchanged, hovering around USD 1220 an ounce. The metal is headed for its third weekly drop.
The Indian rupee gained in early trade. It rose 18 paise to 62.13 per dollar against 62.31 Thursday. The dollar drops across the board after weaker-than-expected US economic data. Meanwhile, Asia was mixed in morning trade as a stronger yen curbed risk appetite in Japan. The stocks in the US closed sharply higher as investors cheered a cease-fire agreement between Russia and Ukraine, amid firming oil prices and strong earnings reports.
The NASDAQ closed up 1.18 percent to 4,857 its highest level since March 2000.In commodities, Nymex Crude rose above USD 51 per barrel as news of deeper industry spending cuts and a sinking u-s dollar revived buying. Brent crude rises to USD 59 per barrel. From precious metals space, gold remained largely unchanged, hovering around USD 1220 an ounce. The metal is headed for its third weekly drop.
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