Saturday 2 July 2016

Positive macro-data, Firm Rupee Catapult equity markets

Positive macro-economic data, coupled with firm rupee value and healthy progress of monsoon season, catapulted the Indian equity markets to fresh 2016 closing-high levels on Friday. Further, reduction in global uncertainty over the modalities of Britain's exit from the European Union (Brexit) also pushed up the equity markets to touch new intra-day high levels. 

 The wider 51-scrip Nifty of the National Stock Exchange (NSE) edged up during the day by 40.60 points or 0.49 per cent to 8,328.35 points. Similarly, the barometer 30-scrip sensitive index (Sensex) of the BSE closed with appreciable gains. After opening at 27,064.33 points, it closed at 27,144.91 points -- up 145.19 points, or 0.54 per cent, from the previous close at 26,999.72 points. 

The Sensex touched a high of 27,243.36 points and a low of 27,061.40 points. The BSE market breadth was tilted in favour of the bulls -- with 1,556 advances and 1,156 declines. The benchmark indices on Thursday touched their highest intra-day levels in the last eight months. 


For More Information Stock advisory company indore,stock market news,stock advisory tips,best stock advisory company in indore, Stock Future Tips ,Bank Nifty Tips, Nifty Future Tips,currency Tips,Stock Option Tips,Bullion tips And call us :-9827808090

No comments:

Post a Comment