Sensex, Nifty flat amid mixed Asian cues; ITC, Dr Reddy's gain

Trade Nivesh July 07, 2016


Equity benchmarks opened on a flat note amid mixed Asian cues. The Sensex was up 35.97 points at 27202.84, and the Nifty gained 6.05 points at 8342.

The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.2 percent and 0.5 percent, respectively. The market breadth was also positive as about 923 shares advanced against 389 declining shares on Bombay Stock Exchange.

Bharti Airtel and Dr Reddy's Labs gained over a percent followed by ITC, HDFC, SBI, L&T and HUL while Infosys, HDFC Bank, TCS, Bajaj Auto, Reliance Industries and NTPC declined.

Punjab National Bank climbed over 3 percent as its subsidiary housing finance company has received approval for listing IPO from National Stock Exchange and Bombay Stock Exchange. Asian markets were mixed with Shanghai and Nikkei falling half a percent while Hang Seng gained 0.8 percent.


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1 Comments

  1. aditiSaturday, 9 July 2016 at 10:50:00 GMT+5:30

    Impressive post. Traders can learn useful updates here.Bharti Airtel and Dr Reddy's Labs performed well. Updates realted to currency are : The American currency rose by 0.3 percent in yesterday’s trading session on account of robust release of economic data sets from the nation which has infused some hopes in the markets with respect to the strength of the economy. Get free sample calls by following epic research.

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