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Wednesday 22 June 2016

Stock Market News: Sensex, Nifty Open Flat



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The Indian Stock Market has opened flat earlier than crucial Brexit vote. The Sensex is down 0.55 points at 26812.23, and also the bully is down 2.05 points at 8217.85. concerning 486 shares have advanced, 203 shares declined, and thirty six shares square measure unchanged. Dr Reddy's Labs, BHEL, Sun Pharma, Hero MotoCorp and ICICI Bank square measure prime gainers whereas HUL, ITC, Maruti, HDFC and Tata Motors square measure losers within the Sensex. The Indian rupee declined within the early trade on Wednesday. it's opened lower by ten paise at 67.59 per dollar against previous shut of 67.49. The dollar edged once news that a replacement poll on Britain's vote on European Community membership showed growing support for the leave camp, pushing down the monetary unit and sterling. meantime the monetary unit born the foremost in an exceedingly week once European financial organisation President Mario Draghi reiterated his temperament to act to bolster inflation. Pramit Brahmbhatt of truthfulness aforementioned, "The rupee is anticipated to trade sideways in an exceedingly vary of 67.20-67.80/dollar considering mixed cues from international equity markets, the dollar index and nervousness earlier than the EU vote."

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