Free Stock Market forecast & update


Posted September 19, 2014 by vivekhello4

The Indian rupee opened marginally higher at 60.77 per dollar on Friday against yesterday’s close of 60.83 a dollar.

 
GLOBAL MARKETS ROUNDUP
Asian shares edged higher on Friday, cheered by news of an eye-popping initial public offering by Chinese e-commerce giant Alibaba Group, while sterling rebounded after a survey published showed support for Scotland to remain in the United Kingdom.

The Sensex is up 35.80 points at 27148.01 and the Nifty is up 14.65 points at 8129.40. About 563 shares have advanced, 112 shares declined, and 27 shares are unchanged.

LOCAL MARKETS PREVIOUS CLOSE
• BSE index 27,112.21(up 1.81 pct)
• NSE index 8,114.75(up 1.75 pct)
• Rupee 60.83/84 per dlr (60.92/93)
• 10-year bond yield 8.45 pct (8.50 pct)
• 5-year OIS rate 7.86 pct (7.94 pct)
• 1-year OIS rate 8.41 pct (8.43 pct)
• Call money 7.95/8.00 pct (7.95/8.00 pct)

LIQUIDITY
The Reserve Bank of India said on Thursday it accepted all 29 bids for 95.56 billion rupees ($1.56 billion) at its one-day repo auction, through which it injects liquidity into the banking system.

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Last Updated September 19, 2014