Tuesday, 4 August 2015

Latest News On Indian Equity Market

The Indian equity market is expected to open flat today with the SGX Nifty, an indicator of market opening, trading at 8561.50, down 0.50 points. 

The market closed higher for the fourth consecutive session on Monday. The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.5 percent and 0.9 percent, respectively. The 30-share BSE Sensex advanced 72.50 points to 28187.06. The 50-share NSE Nifty failed to hold 8550 level, up 10.20 points to 8543.05.

In other asset classes, commodities, the US dollar held steady against the euro and yen. Crude prices declined 4 percent, slipping to six-month lows with brent crude falling below USD 50 per barrel on sluggish US and Chinese economic data. Precious metal gold slipped to USD 1080 an ounce on dollar gains.

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