Wednesday, 26 October 2016

Opening Bell - Nifty holds 8700 mark; Auto stocks drag

The S&P BSE Sensex is trading at 28,174 down mere five points, while NSE Nifty is trading at 8,705 down four points.

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The S&P BSE Sensex is trading at 28,174 down mere five points, while NSE Nifty is trading at 8,705 down four points.
Commodity market tips

The rupee opened lower by eight paise at 66.93/$ as against the previous close of 66.85/$.

Asian markets opened in the green as overnight US indices rallied as markets looked beyond earnings & fresh merger activity re ignited the bulls.

The PNB Housing Finance IPO which saw encouraging response will hit the market today. Geo-political issues remain in focus after militants attacked a police academy in Pakistani city of Quetta killing dozens of cadets. Tata Group stocks will be in focus today after Ratan Tata took back control of the Tata Group after Cyrus Mistry was abruptly removed as chairman of the $100 billion coffee-to-steel business empire. 




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