Friday 8 January 2016

Sensex Regains 25K

Posted by suhani varma on Friday, January 08, 2016 with No comments

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The S&P BSE Sensex is trading at 25,020 up 167 points, while NSE Nifty is trading at 7,618 up 50 points. The BSE Mid-cap Index is trading up 1.01% at 10,959, whereas BSE Small-cap Index is trading up 1.19% at 11,647. All sector are in green on BSE.

Tata Motors, Sun Pharma, Tata Steel, Axis Bank, RIL, BHEL, GAIL and SBI are among the gainers, whereas Redington (India), ZEEL, Kajaria, Emami, Page Ind and Central Bank of India are losing sheen on BSE. The India VIX (Volatility) index is down 5.9% to 17.82. Out of 1,746 stocks traded on the NSE, 207 declined and 1,197 advanced today.

A total of 25 stocks registered a fresh 52-week high in trades today, while three stocks touched a new 52-week low on the NSE. Indian Rupee opened at 66.72/$ higher by 21 paise in early trade on Friday as against the previous close of 66.93/$. On Thursday, Indian rupee extended the weakness against US dollar, as turmoil in the global equities augmented the safe haven appetite for the greenback. Concerns over fragile Chinese economic landscape have triggered the meltdown in the broader markets.In Europe, the recent flow of macro numbers has been positive. Survey compiler Markit reported that composite PMI for the Euro region (19 country bloc) during December rose to 54.3, a four month high.

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