Morning call: Nifty still below 7700, Sensex struggles; Bharti, SBI gain 1%

Trade Nivesh May 06, 2016
The market is still struggling as the Sensex is down 139.95 points or 0.5 percent at 25122.26. The Nifty down 39.00 points or 0.5 percent at 7696.50.

Bharti, SBI, ICICI and Axis Bank are top gainers while Adani Ports, Dr Reddy's Labs, ONGC, BHEL and Tata Steel are losers in the Sensex.

Oil prices dipped, dragged down by a surging dollar that at least temporarily outweighed supply disruptions in North America, where a massive wildfire was threatening Canada's huge oil sands operations.

The dollar firmed against the euro and yen ahead of the April US nonfarm payrolls due later in the day that could support the greenback.

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1 Comments

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