Tuesday, 9 August 2016

Live Equity Market News: Sensex, Nifty Flat Ahead Of RBI Policy



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The market has opened flat as investors inure Raghuram Rajan's last financial policy review in few hours. Outgoing governor Raghuram Rajan isn't expected to tinker with rates as he presents his last financial policy nowadays. in keeping with a CNBC-TV18 poll shows attention has touched from rates to liquidity, seventy p.c of the respondents expect him to stay liquidity at current excess. 
The Sensex is down 11.07 points at 28171.50, and therefore the keen is down 6.70 points at 8704.65. regarding 508 shares have advanced, 327 shares declined, and forty shares square measure unchanged. Lupin, Tata Motors, ONGC, M&M and Coal Republic of India square measure prime gainers whereas Bajaj motor vehicle, TCS, Hero MotoCorp, Reliance and Infosys square measure losers within the Sensex. plan is down four p.c post Q1 results. 
The Indian rupee opened flat at 66.84 per greenback versus previous shut 66.84. Asian shares stood atop annual peaks as a desperate explore for yield drove a record flow into rising market funds, whereas oil costs tried to sustain their latest bounce.

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