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Dragged
by global cues the market has opened with severe cuts. The Nifty is down below
8100. The 50-share index is down 72.75 points or 0.9 percent at 8097.30 while
the Sensex is down 246.12 points or 0.9 percent at 26389.63.
ICICI
Bank, SBI, Tata Motors, BHEL and Tata Steel are losers while Dr Reddy's Labs
and HDFC Bank are gainers in the Sensex.
The
Indian rupee opened lower by 18 paise at 66.94 per dollar on Monday versus
66.76 Friday. Weak global cues will put
pressure on the rupee and it is likely to touch 67/dollar levels."
Jet Airways Ltd stock was
down by 2% at Rs.559. The airline has announced new direct flights from
Mangaluru to Sharjah in UAE from August 7.
BUY UNITECH FUTURE ABOVE 4.90 TG 5.50, 6.50 SL 4.40,
1 Comments
Very interesting post. I would add few updates Brexit is "not good" for the world, as becoming less inclusive and less connected is not the right thing and nations will benefit more by globalisation, State Bank of India Chairman Arundhati Bhattacharya said .For accurate updates and trading tips join epic research.
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