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Thursday, 7 July 2016

Equity News: Sensex, Nifty Open Flat

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Equity benchmarks opened on a flat note amid mixed Asian cues. The Sensex was up 35.97 points at 27202.84, and therefore the bully gained 6.05 points at 8342. The broader markets outperformed benchmarks with the animal disease Midcap and Smallcap indices rising 0.2 p.c and 0.5 percent, severally. The market breadth was conjointly positive as regarding 923 shares advanced against 389 declining shares on metropolis securities market. Bharti Airtel and Dr Reddy's Labs gained over a p.c followed by ITC, HDFC, SBI, L&T and HUL whereas Infosys, HDFC Bank, TCS, Bajaj Auto, Reliance Industries and NTPC declined. geographic area full service bank climbed over three p.c as its subsidiary housing nondepository financial institution has received approval for listing initial public offering from National securities market and metropolis securities market. Asian markets were mixed with Shanghai and Nikkei falling [*fr1] a p.c whereas suspend Seng gained 0.8 percent.

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