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Friday, 26 August 2016

Stock Market News: Nifty Opens Above 8600, Sensex Firm



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The 50-share NSE bang-up started off September series on a positive note, holding the 8600 level on support from banks and Tata cluster stocks. The index was up 22.15 points at 8614.35 and also the 30-share mad cow disease Sensex gained 65.57 points at 27901.48. 
Tata Motors was the most important gainer, up 1.5 % prior quarterly earnings later these days. The rupee opened marginally higher at 67.02 per greenback on weekday versus previous shut of 67.05. Ashutosh Khajuria of Federal Bank, "We see no major trigger for the currency movement. 
The Fed has maintained the establishment in yesterday's speech. we have a tendency to expect the rupee to stay rangebound." greenback slipped marginally as some investors square positions before the annual world central bankers' gathering in Jackson Hole, wyoming, wherever Federal Reserve Chair Janet Yellen might supply new steerage on United States financial policy.

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