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Tuesday, 5 July 2016

Indian Equity News: Sensex, Nifty Open Flat

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Soon once gap in gently inexperienced, the market slipped into red. The Sensex is up 60.53 points or 0.2 % at a pair of7339.29 and also the bully is up 8.60 points or 0.1 % at 8379.30. regarding 223 shares have advanced, seventy five shares declined, and twenty shares area unit unchanged. ICICI Bank, ITC, Adani Ports, Bharti Airtel and Tata Steel area unit prime gainers whereas ONGC, Bajaj motorcar and Wipro area unit losers within the Sensex. The Indian monetary unit opened lower by six paise at sixty seven.33 per greenback against previous shut sixty seven.27.
Yen control steady against the greenback on refuge shopping for. The currency has gained quite three % since the united kingdom. Ashutosh Raina of HDFC Bank aforementioned, "The sturdy rally in USD-INR has been halted by aggressive intervention. Expect the try to trade the 67-67.50/dollar direct close to term." All eyes are going to be on the cupboard re-shuffle these days. As several as nineteen new ministers, 0.5 a dozen of them from Uttar Pradesh which fits to polls in 2017, area unit set to be inducted into his team by Prime Minister Narendra Modi.
Among world markets, Asian shares stepped back once 5 straight days of gains these days as investors took stock of a rally driven by the hope that central banks can offer input to offset a probable downswing triggered by Brexit.

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