Dr Reddy's Labs is down 8.5 percent while Hero, HDFC Bank, Wipro and Lupin are major losers. Sun Pharma, Tata Motors, Infosys, L&T and HUL are top gainers.
Online PR News – 27-November-2015 – jabalpur – The Sensex is up 97.50 points or 0.4 percent at 25873.24, and the Nifty is up 17.40 points or 0.2 percent at 7849. About 851 shares have advanced, 228 shares declined, and 72 shares are unchanged.
The market has opened flat as the Sensex is up 20.82 points at 25796.56. The Nifty is up 4.45 points or 0.06 percent at 7836.05. About 500 shares have advanced, 127 shares declined, and 64 shares are unchanged. Dr Reddy's Labs is down 8.5 percent while Hero, HDFC Bank, Wipro and Lupin are major losers. Sun Pharma, Tata Motors, Infosys, L&T and HUL are top gainers. The Indian rupee has opened marginally lower at 66.35 per dollar on Thursday against 66.32 a dollar in previous trading session. Mohan Shenoi of Kotak Mahindra Bank said, "December could see global monetary divergence. European Central Bank (ECB)is expected to ease further while Fed is expected to start tightening monetary policy." The dollar rose after strong economic data further backed the case for the Fed to raise interest rates, and after officials said the ECB was discussing additional options for stimulating the economy. The major US indexes were virtually unchanged at the close of a quiet trading day on Wednesday with gains in healthcare and consumer stocks after data showed US modest economic growth. The euro hit a fresh seven-and-a-half month low of USD 1.0632 against the dollar in Asian trade after European Central Bank (ECB) officials told Reuters on Wednesday that they were considering unconventional easing measures, such as introducing a two tiered deposit rate, ahead of the bank's policy review next week.
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