The market has opened higher fueled by global market momentum. The Sensex is up 368.97 points or 1.3 percent at 27621.50 and the Nifty is up 114.80 points or 1.4 percent at 8559.
Sun Pharma, ICICI Bank, Adani Ports and Axis Bank are top gainers, no stock is in red in the Sensex. The Indian rupee opened marginally lower at 66.49 per dollar versus previous close 66.43.
The US dollar rose broadly against its major rivals post trump's victory. The Mexican Peso plunged to record lows on Wednesday, losing 7.8 percent to trade at 19.79 to the dollar.
Asian shares rebounded and the dollar firmed after global markets made a remarkable comeback from the shock of Republican Donald Trump's presidential victory, dumping safe-havens for the tempting returns of risk assets.
BUY ASHOK LEYLAND LTD ABOVE 93 TG 93.70, 94.50, 95.50 SL 92,
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• Crude Oil December expiry is quoted at $ 45.16 a barrel - down 0.2 percent.
ReplyDelete• Brent Oil December future is trading on a soft note at $ 46.41.
• Natural Gas December delivery has declined 0.3 percent at $ 2.694.
MCX Crude Oil tips