Thursday, 2 July 2015

Nifty above 8450, Sensex flat; Hero, Bharti, Hindalco gain



Lupin, Hero, Sun Pharma, Bharti Airtel and Hindalco are top gainers in the Sensex. Among the losers are Vedanta, Tata Motors, HDFC Bank, Cipla and L&T.

After a bumper rally, the market has opened on a tepid note Thursday. The Sensex is up 28.41 points at 28049.28, and the Nifty is up 11.85 points at 8464.90. About 600 shares have advanced, 129 shares declined, and 63 shares are unchanged.

Lupin, Hero, Sun Pharma, Bharti Airtel and Hindalco are top gainers in the Sensex. Among the losers are Vedanta, Tata Motors, HDFC Bank, Cipla and L&T.

The Indian rupee slipped marginally to 63.63 a dollar in early trade compared to 63.61 a dollar in previous session. Mohan Shenoi, Kotak Mahindra Bank said strong US data continues to point towards a September Fed rate hike. Uncertainty regarding Greece is inducing volatility in global currency markets, he added.

According to him, RBI presence on both sides of the market has kept the dollar-rupee rangebound and is expected to trade today in a range of Rs 63.50-63.80/dollar.

Euro slipped to 1.10 levels on a stronger dollar on the back of strong US data. Dollar index is above the 96-mark on the upside.

Asian markets are trading well in the green this morning. Nikkei is trading at one-week high owing to a weaker yen Kospi index edged up to a one-month high.

US markets ended higher on the back of better-than-expected economy data and hopes of a resolution between Greece and its creditors.

Crude prices are lower on the back of a dollar rally and signs that OPEC output is at three-year highs weigh on the market. Gold prices drop on stronger dollar and Greece hopes.
www.Bigprofitbuzz.com


7 comments:

Priya Agrawal said...

You are sharing real time share market update providing Nifty level Nifty above 8450, sensex flat, Profit in Hero, Bharti & Hindola thanks alot...
Silver Tips

Stock Cash Tips said...

The market has opened flat as the Sensex is up 37.59 points at 27983.39 and the Nifty is down 4.80 points at 8440.10.

nisha dubey said...

Great blog nice for submit but why are you not submit the blog or update the blog regularly.

Stock Market News Update

Rajat Jain said...

It is really profit making blog kindly us all traders.........
commodity online

Allianceresearch Jabalpur said...

Sensex, Nifty open 1% lower on Greece crisis; metals slip --
Cash Tips

Commodity Tips said...

Woah! I'm really loving the template/theme of this website.
It's simple, yet effective. A lot of times it's very hard to get that "perfect balance" between usability and visual appearance.
I must say you've done a great job with this. In addition, the blog loads very quick for me on Internet explorer.
Outstanding Blog!
Commodity Tips

Equity Research Lab said...

I am happy to find this content very helpful and informative for me, as it contains lot of accurate detailing about the topic, which I was searching for. Thanks a lot and good luck.!!!!!!!!!!
Mcx Trading Tips