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Friday 9 September 2016

Equity Live News: Sensex, Nifty Open In Red



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The Indian Stock Market has opened in red because the Sensex is down 11.85 points at 29033.43. The dandy is down 15.70 points or 0.2 % at 8936.80. regarding 192 shares have advanced, forty seven shares declined, and seventeen shares area unit unchanged. affirmative Bank is down five % whereas BHEL and Hero MotoCorp area unit laggards within the Sensex. Among gainers area unit Bajaj motor vehicle, ONGC, Cipla, M&M and TCS. The rupee fell in early trade Fri for the second consecutive session on recovery in US greenback. The currency has opened at 66.57 per greenback, down 16 paise compared with previous day's closing price of 66.41 a greenback. Bhaskar Panda, HDFC Bank says last Friday's unsatisfactory US non-farm payroll knowledge has pushed back expectation of a Fed rate hike. rising markets have reacted completely and spot USD-INR was therefore ready to break below Rs sixty six.80/USD.

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