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Wednesday, October 5, 2016

Sensex, Nifty Updates | Stock Market Opening News - 05th October

TradeIndia Reseach is one of the best advisory company who delivers perfect stock market tips in share market services which are helpful for traders who want to earn profit in stock market trading.

Stock Market Opening News

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The market has opened firm with the Nifty scaling 8800. There is a positive sentiment in the market after Reserve Bank of India decided to cut rates in its bi-monthly monetary policy review yesterday.
Also, there is another good news as International Monetary Fund has raised India’s growth forecast to 7.6 percent from 7.4 percent for 2016 and 2017.
The 50-share index is up 37.20 points or 0.4 percent at 8806.35 while Sensex is at 285449, up 116 points or 0.4 percent.
SBI, Tata Steel, GAIL, ICICIBank and Tata Motors are top gainers while Bajaj Auto, Asian Paints, M&M, Infosys and Hero MotoCorp are losers in the Sensex.
Endurance technologies IPO will open today in a price band of Rs 467-472 per share.
The company has raised Rs 348 crore by allocating shares to anchor investors.
The Indian rupee opened lower by 17 paise at 66.63 per dollar on Wednesday against previous close 66.46.

Opening Bell

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Sensex Up + 91.19 @ 28425.74
Nifty Future Up + 15.50 @ 8815.20
Bank Nifty Future Up + 99.85 @ 19884.65
USD/INR – 66.63

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