Wednesday, 23 December 2015

Sensex Jumps 200 Points; Nifty Nears 7,850

Posted by suhani varma on Wednesday, December 23, 2015 with No comments

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The S&P BSE Sensex is trading at 25,787 up 196 points, while NSE Nifty is trading at 7,846 up 60 points. The BSE Mid-cap Index is trading up 0.62% at 11,022, whereas BSE Small-cap Index is trading up 0.66% at 11,623.

All sectors are in green on BSE. Tata Steel, GAIL, Sun Pharma, ONGC, BHEL, RIL, HDFC Bank, NTPC, HDFC, Lupin and Infosys are among the gainers, whereas Asian Paints, Shrenuj & Co and Mangalam Drugs are losing sheen on BSE.

The India VIX (Volatility) index is down 3.97% to 13.9075. Out of 1,738 stocks traded on the NSE, 243 declined and 1,117 advanced today. A total of 39 stocks registered a fresh 52-week high in trades today, while four stocks touched a new 52-week low on the NSE.

Indian rupee extended its gain for the seventh consecutive session and opened at 66.26/$ higher by 7 paise in early trade on Wednesday as against the previous close of 66.32/$. Indian rupee traded on a firm ground, deriving cues from sharp fall in oil prices and softness in US dollar against the basket of currencies. RBI’s involvement in the Forex markets has also provided lot of stability to the Indian rupee. India’s current account widened to 1.6% of GDP during the second quarter of the FY 2015‐16, when compared with the reading of 1.2% during the prior quarter. However on yoy basis, the deficit has narrowed from the 2.2% during the same quarter last year.

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