Stock Market Opening News
The market has opened in green on August Futures and Options expiry day.
The Sensex is up 74.49 points or 0.3 percent at 28134.43 and the Nifty is up 25.45 points or 0.3 percent at 8675.75.
About 562 shares have advanced, 165 shares declined, and 26 shares are unchanged.
Top Gainers In Sensex
- Cipla
- Bajaj Auto
- Axis Bank
- Maruti
- TCS
Top Losers In Sensex
- Wipro
- Infosys
- BHEL
- NTPC
- HDFC
The Indian rupee opened marginally higher at 67.09 per dollar versus previous close of 67.11.
Mohan Shenoi of Kotak Mahindra Bank said, "Global currency markets are cautious and rangebound ahead of Yellen's Jackson Hole speech as it could give clues on US Fed rate hike."
Dollar held steady led by uncertainty ahead of a meeting of central bankers at Jackson Hole on Friday.
Among global peers, Asian stocks slipped, taking their cue from an overnight drop on Wall Street, while the dollar marked time ahead of Friday's speech by Federal Reserve Chair Janet Yellen at the global central bankers' meeting.
MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.3 percent. Australian stocks fell 0.1 percent, South Korea's Kospi shed 0.2 percent and Japan's Nikkei nudged down 0.3 percent.
Wall Street retreated, pulled lower by weakness in the materials and healthcare sectors, with the Dow losing 0.4 percent and S&P 500 falling 0.5 percent.
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