Sexsex & Nifty rise in today trade : Indian Equity

The Indian markets continued their bullish trend and ended with good gains in last session. Today, the start is likely to be in green with Nifty relaiming 8750 levels in very early  trade.

                                                                                                                           

Thursday’s session turned out to be a fabulous day of trade for the Indian equity markets, where frontline gauges garnered gains of around one percent.Hectic buying activity which took place during last leg of trade mainly drove the markets higher, with frontline gauges ending at intraday high levels.

 

The market has opened higher. The Sensex is up 98.31 points at 28903.41 and the Nifty is up 41.90 points at 8753.80. About 35 shares have advanced, 14 shares declined, and no shares are unchanged. SBI is up 2 percent while ICICI Bank, Hero, Dr Reddy's Labs, and Sun Pharma. BHEL is down 2.78 percent and Coal India, ONGC, Infosys and M&M are losers in the Sensex. 

 

The Indian rupee gained in early trade. It rose 18 paise to 62.43 per dollar against 62.31 Thursday.The dollar drops across the board after weaker-than-expected US economic data