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Saturday, 27 February 2016

Share market update on Saturday | Date 27 February 2016

share tips,stock tips,BSE Sensex,S&P
Last day on Friday the global market closed with a positive note or with gain. The 30-share BSE Sensex closed at 23,154 just near to gain 200 points and NSE Nifty closed above 7,000 yesterday.The S&P utility sector led declines,down by 2.73%.The S&P 500 is just above its 50-day moving average for a second session,which some trader believe is a sign of improving sentiment. The Nasdaq composite added 0.18% to 4590.47.
The weak trend in the rupee will be another short-term advantage for IT exporters and the rupee has depreciated by nearly 10 percent in the past 12 months.