Opening Bell by TradeIndia Research
SENSEX UP + 33.57 @ 28163.41,
NIFTY FUTURE DOWN – 5.15 @ 8700.00,
BANK NIFTY FUTURE DOWN – 18.10 @ 19651.10,
USD/INR – 66.88.
The market has started tepid on Friday. The Sensex is down 6.99 points at 28122.85 and the Nifty is up 9.20 points or 0.1 percent at 8708.60. About 397 shares have advanced, 115 shares declined, and 35 shares are unchanged.
Share Market Tips : Dr Reddy’s Labs, Lupin, Bajaj Auto, TCS and Hero MotoCorp are top gainers. HCL Tech is up 3 percent after announcing its better-than-expected Q2 results.
ICICI, Axis Bank, HDFC, SBI and ONGC are losers in the Sensex.
The Indian rupee has opened at 66.89 per dollar, down 8 paise compared with 66.81 a dollar in previous session. The dollar was boosted by a fall in the euro after the European Central Bank shot down talk it was contemplating tapering its monetary easing – sending the euro lower.
Free Commodity Tips : Gold futures settled lower after posting gains over the past three sessions, with prices under pressure as the US dollar strengthened against the British pound in the wake of the ECB’s rate decision.
Crude oil fell more than 2 percent, wiping out the previous day’s gains on profit-taking and after a run-up in the dollar, which weighed on prices of commodities denominated in the greenback.