The Nifty has hit record high at 8000 just minutes after opening at an all time high. The 50-share index is up 50.15 points at 8004.50. The Sensex is up 169.79 points at 26807.90. The Indian rupee opened flat at 60.50 per dollar versus 60.50 Thursday. Euro slipped to a fresh one-year low early as the situation in Ukraine worsened. Meanwhile, pressure on the euro helped the dollar index reach a high not seen in over 13 months. In the US, stocks rose on Friday, lifting the S&P 500 to another record finish, as investors welcomed a better-than-expected read on US consumer confidence and bypassed geopolitical worries. However, US markets will be shut today on account of Labour Day. On BSE, midcap and smallcap is trading up around a percent each. On sectoral front, all sectores are trading in green with Capital Goods performing the best to gain as much as 1.92% as we write this.
Further the market breadth stands positive with 1414 shares are seen advancing against 542 declining shares.
Further the market breadth stands positive with 1414 shares are seen advancing against 542 declining shares.
No comments:
Post a Comment