Daily News and Updates on Stock and Commodity Market


Posted May 29, 2015 by vivekhello4

The Indian rupee at 63.73/74 per dollar versus its previous close of 63.80/81, tracking gains in the domestic share market.

 
GLOBAL MARKETS ROUNDUP
The S&P BSE Sensex rallied as much as 131 points after starting on a muted note in trade on Friday. The rally in the index was led by gains in HDFC, ICICI Bank, Sun Pharma, Axis Bank and HDFC Bank.

India's main BSE share index up 0.36 percent while the broader NSE index 0.37 percent higher ahead of the GDP data due later in the day, while expectations of a rate cut next week also help support sentiment.

MARKET HIGHLIGHTS
Sensex: 27,617, up 111 points,
Nifty: 8,354, up 36 points
TOP GAINERS
SUN PHARMA (1.4%)
BHARTI AIRTELBSE 2.42 % (1.3%)
CIPLA (1.0%)
COAL INDIABSE 2.24 % (1.0%)
SBI (0.9%)
TOP LOSERS
ONGCBSE -1.71 % (-1.8%)
BHEL (-1.6%)
GAIL (-0.9%)
DR. REDDYS LAB (-0.7%)
M&M (-0.6%)

COMMODITY MARKET UPDATES
Gold settled flat as the dollar and global shares fell alongside uncertainty about Reece and an unexpected rise in U.S. jobless claims.
Silver settled flat as data on Thursday supported views the Federal Reserve was on track to hike U.S. rates later this year.
Crude oil prices trimmed some of its losses after data showed that oil supplies in the U.S. fell for the fourth consecutive week last week.

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Last Updated May 29, 2015