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The Indian
Share market has opened flat on Monday. The Sensex is up 13.73 points at
27472.11 and the Nifty is up 6.85 points at 8291.35. About 394 shares have
advanced, 130 shares declined, and 313 shares are unchanged. NTPC, Infosys,
M&M, Tata Power and Hindalco are top gainers in the Sensex. The Indian
rupee gained in the opening trade. It has rose by 17 paise at 62.15 per dollar
against 62.32 Friday.
The S&P BSE Sensex plunged as much as 125 points in trade on Monday, led by losses in HDFC, Tata Motors, HDFC Bank, RIL and ONGC. Tracking the momentum, the 50-share Nifty index also came under bit of pressure and slipped below its crucial psychological support level of 8250, weighed down by losses in autos, banks, oil & gas, metal and realty stocks.
In commodities, oil prices remain under pressure having hit their lowest since April 2009. Brent crude currently trades below USD 50 per barrel while Nymex slips to USD 47 per barrel. From precious metals space, gold inches higher to USD 1220 an ounce as dollar declines and as uncertainty in Greece boosted demand for assets seen as safe.
The S&P BSE Sensex plunged as much as 125 points in trade on Monday, led by losses in HDFC, Tata Motors, HDFC Bank, RIL and ONGC. Tracking the momentum, the 50-share Nifty index also came under bit of pressure and slipped below its crucial psychological support level of 8250, weighed down by losses in autos, banks, oil & gas, metal and realty stocks.
In commodities, oil prices remain under pressure having hit their lowest since April 2009. Brent crude currently trades below USD 50 per barrel while Nymex slips to USD 47 per barrel. From precious metals space, gold inches higher to USD 1220 an ounce as dollar declines and as uncertainty in Greece boosted demand for assets seen as safe.
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