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The Intraday market has opened in red as exit polls of Delhi Assembly election indication that BJP may not be get majority. The Sensex is down 151.41 points or 0.5 percent at 28566.50. The Nifty slips 75.70 points or 0.9 percent at 8585.35. About 93 shares have advanced, 196 shares declined, and 127 shares are unchanged. Tata Steel, Sesa Sterlite, Tata Power, BHEL and Tata Motors are losers in the Sensex.
The Indian rupee has breached 62 per dollar mark in early trade on Monday, down 31 paise compared to Friday's closing value of 61.69 a dollar.The Sensex is down 232.01 points or 0.8 percent at 28485.90 and the Nifty is down 70.30 points or 0.8 percent at 8590.75. GAIL is down 5 percent, Tata Steel and Tata Power are down 3 percent. Sesa Sterlite and M&M are other losers in the Sensex.
ONGC and HUL are up 1 percent while SBI is among gainers in the Sensex.Stocks closed down on Friday amid continued concerns over Greece and a strong jobs report that renewed the possibility of an earlier fed rate hike. The CBoE volatility index edged higher to trade near 18. On the European front, the Greek government is under pressure to find a solution to its funding situation as its current bailout ends at the end of February and there is still a tranche of bailout funds it has not received.
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The Intraday market has opened in red as exit polls of Delhi Assembly election indication that BJP may not be get majority. The Sensex is down 151.41 points or 0.5 percent at 28566.50. The Nifty slips 75.70 points or 0.9 percent at 8585.35. About 93 shares have advanced, 196 shares declined, and 127 shares are unchanged. Tata Steel, Sesa Sterlite, Tata Power, BHEL and Tata Motors are losers in the Sensex.
The Indian rupee has breached 62 per dollar mark in early trade on Monday, down 31 paise compared to Friday's closing value of 61.69 a dollar.The Sensex is down 232.01 points or 0.8 percent at 28485.90 and the Nifty is down 70.30 points or 0.8 percent at 8590.75. GAIL is down 5 percent, Tata Steel and Tata Power are down 3 percent. Sesa Sterlite and M&M are other losers in the Sensex.
ONGC and HUL are up 1 percent while SBI is among gainers in the Sensex.Stocks closed down on Friday amid continued concerns over Greece and a strong jobs report that renewed the possibility of an earlier fed rate hike. The CBoE volatility index edged higher to trade near 18. On the European front, the Greek government is under pressure to find a solution to its funding situation as its current bailout ends at the end of February and there is still a tranche of bailout funds it has not received.
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