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Thursday, July 21, 2016

Equity Tips

Nifty below 8500, Sensex flat; ITC up 1%, SBI & Tata Steel fall

The Sensex is down 20.99 points at 27689.53, and the Nifty down 11.30 points at 8498.80. About 825 shares have advanced, 640 shares declined, and 76 shares are unchanged.

GAIL, Asain Piants, Tata Motors, ITC and M&M are top gainers in the Sensex.

The market has opened flat on Friday. The Sensex is up 28.29 points or 0.1 percent at 27738.81 and the Nifty is up 9.55 points or 0.1 percent at 8519.65.

The Indian rupee opened flat at 67.18 per dollar on Friday versus previous close of 67.17.Yen held steady after appreciating over 1 percent overnight, dollar index pared some of its gains, slipped below 97 mark.

Asia markets opened lower, following losses in the US as oil prices weighed and the market consolidated ahead of next week's Fed meeting. The Nikkei 225 in Japan was down 0.93 percent, with stocks likely under pressure from a relatively stronger yen.

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