Nifty
inches towards 8900, Sensex up :-
Today
the Intraday market has opened on firm ground as the Sensex is up 103.76 points
at 29424.02 and the Nifty is up 13.95 points at 8883.05. About 489 shares have
advanced, 90 shares declined, and 114 shares are unchanged. Cipla, Tata Power,
M&M, Bharti Airtel and Axis Bank are top gainers in the Sensex.
Global Intraday markets are mixed following the release of minutes from the Federal Reserve's recent meeting. The Nasdaq was positive, about 100 points off the key 5,000 level, while the Dow Jones industrial average briefly turned positive before ending mildly lower above 18,000.
In commodities, oil prices fell as rising inventories continued to curb rallies. Industry spending cutbacks and falling US rig counts helped fuel Brent crude's price rebound from an almost six-year low but US data has continued to show rising oil inventories. Gold edged higher on the back of the outcome of the Fed minutes.
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Global Intraday markets are mixed following the release of minutes from the Federal Reserve's recent meeting. The Nasdaq was positive, about 100 points off the key 5,000 level, while the Dow Jones industrial average briefly turned positive before ending mildly lower above 18,000.
In commodities, oil prices fell as rising inventories continued to curb rallies. Industry spending cutbacks and falling US rig counts helped fuel Brent crude's price rebound from an almost six-year low but US data has continued to show rising oil inventories. Gold edged higher on the back of the outcome of the Fed minutes.
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