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Today the Intraday market extended rally with the nifty
inching towards 8600 led by banking & financials, oil & gas, technology
and Pharma stocks. The broader markets also traded in line with benchmarks,
rising 0.6 percent each. The Sensex rose 170.84 points to 28369.13 and the
Nifty gained 50.30 points at 8574.10.
About 1272 shares have advanced, 555 shares declined, and
113 shares are unchanged on the BSE. Axis Bank topped the buying list on
Sensex, up 2.7 percent followed by HDFC, Reliance Industries, Bajaj Auto and
Tata Steel with more than 1 percent upside. However, M&M, L&T, Hero
Motocorp and GAIL fell marginally. The Indian rupee opened lower in early
trade. It slipped 9 paise to 63.50 per dollar against previous day's closing
value of 63.41 a dollar.
Asian markets have opened higher this morning as
Athens approved the bailout plan. The Nikkei moves higher for a fourth day and
has now moved to a new two-week high as investors cheered a weaker currency. Tata
Steel, Axis Bank, ONGC, HDFC and Bajaj Auto are top gainers in the Sensex.
Among the losers are HUL, BHEL, Hero, M&M and NTPC.
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ReplyDeleteMcx tips