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Friday 17 June 2016

Friday Market News: Nifty Opens Above 8150, Sensex Gains Over 150pts



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The Indian Equity Market opened in inexperienced riding high on positive world markets. The Sensex is up 140.51 points or 0.5 p.c at 26665.97, and also the bully up thirty five.90 points or 0.4 p.c at 8176.65. concerning 393 shares have advanced, eighty two shares declined, and twenty eight shares square measure unchanged. Dr Reddy's Labs, Tata Motors, HDFC, Maruti and Tata Steel square measure high gainers within the Sensex. 
The rupee opened flat at 67.20 per dollar on weekday versus previous shut of sixty seven.21. 
The yen is headed for a 2.4 p.c advance within the week when the Bank Of Japan standing pat on input furthered a rally enkindled by a tick-up in risk aversion. The dollar index rebounds to 94.4 levels Pramit Brahmbhatt of truthfulness aforesaid, "Rupee to trade with a positive bias for the day. to a small degree recovery in domestic equity market can facilitate the rupee to maneuver higher." 
Asia markets opened higher on weekday marked by volatility amid considerations. capitalist sentiment in Asia conjointly received a lift when America stocks complete a five-day streak to shut higher. Japanese shares received a lift from a comparatively weaker yen, because the benchmark Nikkei 225 was up 1.54 percent. Across the Korea Strait, the Kospi was up 0.82 percent.

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