Market opens in red but Nifty slightly above 8500; ONGC down 1%

The market has opened in red but the Nifty has managed to hold 8500. The Sensex is down 1.70 points at 27813.48, and the Nifty is down 6.40 points at 8513.10.

GAIL, Bharti Airtel,L&T, HDFC Bank and Coal India are top gainers while Bajaj Auto, Wipro, Sun Pharma, ONGC and M&M are losers in the Sensex.

The Indian rupee opened with marginal gain of 5 paise at 67 per dollar versus previous close 67.05. The yen strengthened versus the dollar.

The pound slipped amid Theresa May's elevation as Britain's new prime minister.


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The market has opened in red but the Nifty has managed to hold 8500. The Sensex is down 1.70 points at 27813.48, and the Nifty is down 6.40 points at 8513.10. About 292 shares have advanced, 160 shares declined, and 27 shares are unchanged. GAIL, Bharti Airtel,L&T, HDFC Bank and Coal India are top gainers while Bajaj Auto, Wipro, Sun Pharma, ONGC and M&M are losers in the Sensex. The Indian rupee opened with marginal gain of 5 paise at 67 per dollar versus previous close 67.05. The yen strengthened versus the dollar. The pound slipped amid Theresa May's elevation as Britain's new prime minister.

Read more at: http://www.moneycontrol.com/news/local-markets/market-opensrednifty-slightly-above-8500-ongc-down-1_7032921.html?utm_source=ref_article

1 Comments

  1. Interesting post on share market.The NIFTY opened strong, on the back of strong Global cues . Nifty at 8540.45 UP by around 20 points over Tuesday. The NIFTY seemed quiet shaky right from the initial moments, as it walleted between POSITIVE & NEGATIVE territory till 11 AM. Some profit booking ensued from there on, as NIFTY traded a shade short of the 8500 mark for some time. Join epic research for best trading tips.

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