Monday 27 June 2016

Opening Bell - Sensex, Nifty decline in early trade

At 9:15 AM, the S&P BSE Sensex is trading at 26,341 down 57 points, while NSE Nifty is trading at 8,039 down 49 points.

At 9:15 AM, the S&P BSE Sensex is trading at 26,341 down 57 points, while NSE Nifty is trading at 8,039 down 49 points.

The Indian rupee opened lower by 12 paise at 68.04/$ against US Dollar on Monday as against the previous close of 67.96/$.

Asian markets are trading on a mixed note. Hang Seng trading dropped 0.92%. Shanghai Composite and Nikkei 225 are trading higher by 1% each.

About eight of the top 10 most valued Indian companies together lost Rs.27,727.1 crore to their market valuation. While TCS, RIL, HDFC Bank, ITC, CIL, HDFC, HUL and ONGC suffered with losses, while Infosys and Sun Pharma saw increase in their market valuation.

The m-cap of ITC plunged Rs.4,949 crore to Rs.2,84,388.3 crore and HUL's tanked Rs.4,748.4 crore to Rs.1,85,908.7 crore.

Foreign exchange reserves as on June 24, hit a life-time high of USD 363.8 billion after it rose USD 592.1 million in the week ended June 17, the Reserve Bank said on Friday.

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