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Friday, 25 November 2016

Live Stock Market Updates - Sensex Rallies Over 200 Points; Nifty Above 8,000 Points

Equity Benchmarks indices the Sensex, Nifty open in green on Friday morning. The domestic market is trading higher tracking positive trade in Asian markets, even as investors weighed prospect of a higher interest-rate environment in the U.S. On the economy front, Mr. Narendra Modi pushed for the need to move towards a digital economy, saying that people have the right to use their money, but that can also be done digitally. 

Indian share market opened with major positive leads.The BSE Sensex trading at 26085 up 225 points, while NSE Nifty jumped at 8,053 up 86 points. The INDIA VIX is down 0.59% at 17.0575. About 1,874 stocks traded on the NSE, 409 declined, 1,575 advanced and 103 remained unchanged today. The Indian Rupee opened marginally higher by 0.31 paise at 68.42/$ against the previous close of 68.73/$.

All BSE sector trading with positive zone. The BSE Mid-cap Index gained 69 points at 12,096, whereas BSE Small-cap Index hiked 131 points at 11,923. In commodity market, Gold declined 346 points to 28,400 while Sliver dropped 378 points at 39,934. Some buying activity is seen in metal, IT, PSU Bank, media, pharma, while auto sector is showing weakness on NSE. 

Asian markets opened in the green with commodities leading the charge as the desire hits 113 to the US Dollar. The Japan's Nikkei stock index has entered a new bull market as exporters benefit from the falling yen. The Nikkei rises from levels of sub 18348 a 14 points, Hang Seng trading up 68 points to 22676 and Shanghai Composite lost 4 points to 3237. On Br exit day to over 18000 today, which is further seeing flows sustained as investors race higher returns in developed markets. 

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