Friday 22 April 2016

Opening Bell - Sensex, Nifty flat

At 9:15 AM, the S&P BSE Sensex is trading at 25,821 down 60 points, while NSE Nifty is trading at 7,891 down 21 points. 

Sensex, BSE, MumbaiAt 9:15 AM, the S&P BSE Sensex is trading at 25,821 down 60 points, while NSE Nifty is trading at 7,891 down 21 points.

The Indian rupee slipped for the second consecutive session, opened lower by 11 paise at 66.50/$ ageinst US Dollar on Friday as against the previous close of 66.39/$. On the US economic front, weekly jobless claims fell to the lowest level since 1973 while an index of factory conditions sank back into contraction in April. Meanwhile, the Conference Board’s leading economic index rose 0
.2% to 123.4 following a 0.1% drop in February. 

US stock indices slipped on Thursday after rising for the previous three sessions, as investors examined a slew of mixed earnings and crude oil prices softened. Declines in defensive sectors such as Consumer Staples, Telecom and Utilities weighed on the main indexes. The Dow dropped 0.6%, S&P 500 declined 0.5% and Nasdaq closed flat. 

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