Gold jewellery stocks are in focus as the central bank has marginally eased the import squeeze on gold. Rules have been eased for trading houses to import gold under the 20:80 scheme.
09:15
Moneycontrol BureauLive Market Commentary The market has opened at a slightly higher level. The Sensex is up 114.17 points at 24412.19, and the Nifty is up 37.05 points at 7289.95. About 645 shares have advanced, 65 shares declined, and 14 shares are unchanged.
Gold jewellery stocks are in focus as the central bank has marginally eased the import squeeze on gold. Rules have been eased for trading houses to import gold under the 20:80 scheme.
Bajaj Auto, Coal India, Maruti Suzuki, Hindalco and Tata Power are top gainers in the Sensex. Among the losers are Bharti Airtel, Hero MotoCorp, HDFC Bank and Tata Motors.
The rupee has opened higher at 58.60 per dollar on Thursday, up 17 paise compared to previous day's closing value of 58.77 a dollar.
Mohan Shenoi, Kotak Mahindra Bank says USD-INR has settled into a tight range. The market now awaits government formation, budget, etc. for further moves, he adds.He expects the rupee to trade in a range of 58.60-58.90/USD today.
Global cues, meanwhile, may lend in support for the market rally with all the major markets closing with significant gains.US stocks jumped high, bouncing back from the prior day's sharp fall, after minutes from the Federal Reserve's last meeting had central bankers discussing ways to normalize interest rates.
Asian equity markets are following suit with the Nikkei trading higher as the yen bounced off a three-and-a-half month high of 100.8.
Anda sedang membaca artikel tentang
Sensex, Nifty rise in early trade; jewellery stocks rally
Dengan url
https://segarsaries.blogspot.com/2014/05/sensex-nifty-rise-in-early-trade.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Sensex, Nifty rise in early trade; jewellery stocks rally
namun jangan lupa untuk meletakkan link
Sensex, Nifty rise in early trade; jewellery stocks rally
sebagai sumbernya
0 komentar:
Posting Komentar