09:19
Moneycontrol BureauLive Market Commentary The market has opened on a higher note. The Sensex is up 93.92 points at 25100.90 and the Nifty is up 37.15 points or 0.50 percent at 7491.30.
About 409 shares have advanced, 107 shares declined, and 19 shares are unchanged. NTPC, Hindalco, BHEL, ICICI Bank and L&T are top gainers in the Sensex. Among the losers are Sun Pharma, Wipro, Dr Reddy's Labs and ITC.
The Indian rupee opened lower by 6 paise at 60.13 per dollar as against previous day's closing value of 60.07 a dollar.The dollar remains steady as investors await Federal Reserve Chair Janet Yellen's congressional testimony tonight for signals to when US interest rates might head higher. Meanwhile, the Bank Of Japan, is expected to maintain its stimulus program at its meet today.
Ashutosh Raina of HDFC Bank says, "The recent good IIP number has been followed by a better than expected inflation number both WPI and CPI inflation. This should act as a trigger to return of positive sentiment."
He expects USD / INR pair to continue trading in 59.50-60.50/dollar range for now.
US stocks climbed yesterday, with the Dow industrials back above 17,000 and posting an intraday record, as investors welcomed better-than-projected earnings from Citi Group and a bout of corporate takeovers. The markets will likely watch for comments from Janet Yellen when the Federal Reserve Chair appears before congress for two days of testimony that starts today.
Asian stocks are higher for a second session running as investors awaited a central bank decision in Japan. The Bank of Japan will announce its monetary policy decision following a two-day meeting though no major change is expected. Kospi gains after exports rose 2.5 percent in June.
European shares closed higher, with earnings news from the u-s and merger and acquisition activity helping bourses post healthy gains
Meanwhile industrial production figures for the euro zone posted a disappointing slump for May. EU statistics showed output fell 1.1 percent which was the largest month on month drop since September 2012.
In commodities, Brent crude continues to trade below USD 107 per barrel. Last week Brent closed at its lowest in three months.
From precious metals space, gold prices slid more than 2 percent yesterday as concerns over the euro zone periphery faded.
Anda sedang membaca artikel tentang
BSE Sensex, Nifty firm; Hindalco ICICI gain, ITC drags
Dengan url
https://segarsaries.blogspot.com/2014/07/bse-sensex-nifty-firm-hindalco-icici.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
BSE Sensex, Nifty firm; Hindalco ICICI gain, ITC drags
namun jangan lupa untuk meletakkan link
BSE Sensex, Nifty firm; Hindalco ICICI gain, ITC drags
sebagai sumbernya
0 komentar:
Posting Komentar