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Thursday, July 31, 2014

Indian Equity Benchmark Selling continues at Dalal Street Friday dragging the Sensex down 155.16 points or at 25739.81. The Nifty is down 53.65 points at 7667.65. About 309 shares have advanced, 708 shares declined, and 40 shares are unchanged.

Infosys, Cipla, TCS, Wipro and Bharti Airtel are top gainers in the Sensex. Among the losers are M&M, GAIL, HDFC and NTPC.

The Indian rupee opened weak. The rupee slipped 20 paise at 60.75 per dollar versus 60.55 Thursday. The dollar holds steady near its highs ahead of the crucial jobs data in the u-s today

Pramit Brahmbhatt of Veracity said, “Investors are expected to trade watchfully till the credit policy is announced, though the positive sentiments may support the market.The rupee is expected to trade range bound to slightly strong after yesterdays fall. Range for the day is seen between 60-61/dollar."

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