Stock Market Special Report on Akshay Tritiya


Posted May 9, 2016 by vivekhello4

The Indian rupee opened marginally higher at 66.52 per dollar on Monday versus 66.55 Friday.

 
TODAY's MARKETS ROUNDUP
The S&P BSE Sensex rallied over 350 points in Monday morning trade on Monday led by gains in ITC, HDFC, HDFC Bank, Infosys, L&T, and RIL.

The Nifty50 surged above its crucial level of 7,800 supported by gains in realty, power, metal, capital goods, banks, and auto stocks.

MAJOR SENSEX GAINERS
• ITC (up 1.7 per cent)
• NTPC (up 1.6 per cent)
• Tata Steel (up 1.3 per cent)
• ONGC (up 1.3 per cent)
• Adani Ports (up 1.2 per cent).

MAJOR SENSEX lOSERS
• Dr Redyy's Laboratories (down 2.1 per cent)
• Sun Pharma (down 0.68 per cent)
• TCS (down 0.21 per cent)

COMMODITY MARKET
Spot gold edged lower on Monday, but remained supported in the face of a firm dollar as investors bet a weaker US payroll report would push out the timing of any rate hike. Spot gold eased 0.2 percent to USD 1,286.11 an ounce by 0145 GMT, after hitting a five-month high last week, and is consolidating within a USD 1,268-USD 1,303 trading band. Spot gold closed little changed last week after a 5 percent jump the week before.

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Last Updated May 9, 2016