Daily Updates on Stock Market Investment

The market gained further on Thursday morning with the Sensex rising 118.08 points to 26958.58 and the Nifty climbing 28.30 points to 8152.75. About 512 shares have advanced, 102 shares declined, and 66 shares are unchanged on the BSE.

ICICI Bank, Sun Pharma, Vedanta, Axis Bank, Hero Motocorp and Ambuja Cements gained 1-1.5 percent while Tata Motors, Tata Steel, NTPC, HDFC Bank, GAIL, Cairn India, HCL Technologies, Tech Mahindra and Dr Reddy's Labs were top losers in early trade.

The Indian rupee has opened higher at 63.81 per dollar today against previous day's closing value of 63.84 a dollar.

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Daily Updates for Stock Market Investment

The market has opened flat but soon gained strength.  The Sensex is up 241.36 points or 0.9 percent at 26722.61, and the Nifty is up 70.30 points or 0.9 percent at 8092.70. About 907 shares have advanced, 222 shares declined, and 81 shares are unchanged. SBI, Bharti and Sun Pharma are up 2 percent while L&T and BHEL are top gainers in the Sensex.

               

Globally, the US markets ended flat following recovery in bond yields and as investors await clearer signals on the timing of a US interest rate rise. European market closed lower while Asia is mixed in morning trade. In other asset classes, the dollar steadies helped by a rise in US bond yields and expectations that a Federal Reserve interest rate hike may come as early as September.

            

Crude prices rose more than 3 percent yesterday as higher seasonal demand in developed economies and expectations of falling US shale production reduced the impact of a large global supply overhang. Brent crude rose above USD 64 per barrel. And precious metal gold prices marginally rose as commodities picked up across the board, but gains were capped by caution as investors awaited clearer signals on the timing of a US interest rate rise.

For more latest updates on Stock Cash Tips, Indian Stock Market Tips please visit us at  www.marketmagnify.com/stock-cash-services.php or call at 0731- 6619100.

Indian Share Market News Updates for Today

After sharp cuts on Monday, the market has opened flat today. The Sensex is down 46.89 points at 26476.20 and the Nifty is down 18.35 points at 8025.80. About 244 shares have advanced, 283 shares declined, and 77 shares are unchanged.

Tata Steel, Cipla, ITC, Sun Pharma and Reliance are top gainers in the Sensex. Among the gainers are GAIL, M&M, Vedanta, Hero and Hindalco.

The Indian rupee recovered a bit in the opening trade as it has gained 11 paise at 63.97 per dollar against previous day's closing value of 64.08 a dollar.

Globally the cues are negative with the US markets ending lower, closing near-session lows as investors focused on multi-month highs in bond yields. European markets too closed in the red.
Crude prices gain over dollar strength after Friday’s rally, but concerns over an oil supply glut capped gains. Precious metal gold prices continued to hover around the USD 1170 an ounce. 

For more latest updates on Stock Cash Tips, Indian Stock Market Tips please visit us at  www.marketmagnify.com/stock-cash-services.php or call at 0731- 6619100.