Alliance Research Sensex reclaims 26000, Nifty hits 7900; Tata Motors leads --- 27 Nov 2015
11/27/2015

Lupin, Tata Motors, Sun Pharma, Axis Bank, Bharti Airtel, Bank of Baroda, ONGC and IndusInd Bank were early gainers, up 0.5-1.5 percent. GAIL.

Online PR News – 27-November-2015 – jabalpur – The market extended upside in early trade Friday with the Sensex hitting 26000-mark, up 63.04 points at 26021.67. The Nifty also reclaimed 7900-mark, up 26.80 points to 7910.60. Lupin, Tata Motors, Sun Pharma, Axis Bank, Bharti Airtel, Bank of Baroda, ONGC and IndusInd Bank were early gainers, up 0.5-1.5 percent. GAIL and Bajaj Auto were under pressure. The Indian rupee has opened lower by 9 paise at 66.65 per dollar today against previous close of 66.56 a dollar. Ashutosh Raina of HDFC Bank says the dollar continues to gain against most of its G-10 peers on expectations of Fed hiking rates in December with the dollar index fast approaching this year's high of 100.39. He further adds that the USD-INR pair has also breached the psychological level of 66.50/dollar and is expected to weaken further on the back of continued dollar strength. He expects the pair to trade 66.40-67/ dollar range in short term. Globally, Asian markets were trading mixed as investors took their cues from European equities, which closed higher Thursday on anticipation of further stimulus from the European Central Bank (ECB). In other asset classes, the euro hovered near seven-month lows against the dollar and lost ground against the yen as investors bet against it, expecting the ECB to ease monetary policy again next week. The euro hovered near seven-month lows against the dollar and lost ground against the yen as investors bet against it, expecting the ECB to ease monetary policy again next week.

For More Detail Visit -- http://www.allianceresearch.in/
Or Call on - 9993716323, 0761-4032175