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Monday 27 June 2016

Monday Market News: Nifty Opens Below 8050, Sensex In Red



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The Sensex is down 61.89 points or 0.2 % at a pair of 6335.82, and also the groovy down 49.25 points or 0.6 % at 8039.35. concerning 269 shares have advanced, 209 shares declined, and forty shares area unit unchanged. ITC, Lupin, Tata Motors, Sun company and Cipla area unit high gainers whereas Infosys, Asian Paints, TCS, Hero and NTPC area unit losers within the Sensex. 
The Indian monetary unit opened lower by twelve paise at 68.08 per dollar on Monday versus 67.96 Friday. Pound extended its sell-off close to a 31-year low because the fallout from the UK's vote to exit the eu Union stoked anxiety among investors round the world. Pramit Brahmbhatt of truthfulness aforesaid, "We expect the rupee to trade with negative bias. 
Brexit can place a lot of pressure on the rupee." world cues area unit weak as USA market tumbled over three % with the Dow losing over 600 points on Friday. Asia markets opened mixed on Monday, as traders continuing to digest the UK's surprising vote. In Japan the Nikkei 225 saw a 1.61 % gain in early trade Japan's government Associate in Nursingd financial organization can hold an emergency meeting on Monday to debate a way to reply to Brexit-related market turbulence, Reuters reported .
Gold costs gained around one % as aftershocks from Britain’s vote to go away the EU pushed investors towards the safe-haven plus.

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