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Tuesday, November 29, 2016

Equity Tips

Sensex rises 100 pts, Nifty holds 8150; cement stocks rally

The market has opened flat on Wednesday. The Sensex is up 75.90 points or 0.3 percent at 26469.91 and the Nifty is up 27.70 points or 0.3 percent at 8169.85. About 273 shares have advanced, 64 shares declined, and 22 shares are unchanged.

Bajaj Auto, Adani Ports, Sun Pharma, ICICI Bank and GAIL are top gainers while ONGC, Bharti Airtel and Cipla are losers in the Sensex.

The Indian rupee opened marginally lower at 68.67 per dollar versus 68.65 Tuesday.

The dollar fell as the greenback consolidated its position against most major currencies following a roller-coaster 24 hours which traders say may just be a precursor to three weeks of risk-packed events including the Federal Reserve's December policy meeting.

Asia markets were mixed in morning trade, with energy stocks under pressure following overnight declines in oil prices and as traders eyed a meeting between the world's top oil producers in Vienna.

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
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