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Thursday, 2 June 2016

Stock Market Live: Nifty Open Flat; Infosys, Adani Ports, M&M Gainers

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The Indian Equity Market has opened flat on Thursday. The corking is below 8200, down 0.95 points at 8179 and also the Sensex is up six.33 points at 26720.26. regarding 415 shares have advanced, 305 shares declined, and thirty seven shares square measure unchanged. Infosys, Adani Ports, M&M, Tata Steel and Wipro square measure high gainers whereas Axis Bank, Bajaj Auto, Bharti Airtel, ITC and Hero MotoCorp. The rupee opened marginally higher at sixty seven.42 per dollar versus sixty seven.45 Wednesday. Mohan Shenoi of Kotak Mahindra Bank aforementioned, "Uncertainty over the second term to tally governor resulted in weak rupee and bonds. However, the rupee weakness is anticipated to be capped these days by bourgeois commercialism." The US dollar hit its lowest level in fortnight against the yen once Japan delayed a nuisance tax hike for extended than expected, raising considerations regarding the shortage of Japanese financial information to halt the yen's rise. additionally the most recent economic readings in US, weren't robust enough for the Fed to justify adjustment financial policy once more, traders square measure currently look out for the might jobs information.

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