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Tuesday, 6 September 2016

Equity Updates: Nifty Rushes Towards 8900, Sensex Up Over 200 pts

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The market has opened on a robust note. The Sensex is up 244.63 points or 0.9 p.c at 28776.74, and also the bully up 64.30 points or 0.7 p.c at 8873.95.About 730 shares have advanced, 208 shares declined, and fifty seven shares square measure unchanged. Tata Motors, Maruti, Axis Bank, Infosys and HDFC square measure prime gainers whereas Bharti, Wipro and Bajaj machine. The Indian monetary unit started off trade at four-month high when fall in United States greenback as a result of weaker-than-expected jobs knowledge. The currency has opened at sixty six.53 a greenback, up twenty nine paise compared with Friday's closing price of 66.82 a greenback. Ashutosh Raina of HDFC Bank says the chance of a United States rate hike in Gregorian calendar month has diminished when the recent weaker-than-expected jobs report. The USD listed serious against most of the currencies.

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