Thursday 9 June 2016

Thursday Evening Market Closing Updates


Thursday Evening Market Updates
Market Status made a sinking graph today. Infosys being the top loser brought the market all the way down. Infosys shares declined 4.25 percent. BSE Sensex ended at 26,763 sliping 257 points or 0.95 percent which is the biggest single-day fall within three weeks while NSE Nifty closed at 8,203 dropped 69 points. Market being bearish, there were market gainers too which made the market stable are ONGC, Coal India, Reliance, NTPC, BPCL and Cipla. Top losers other than infosys are Hero motocorp, Ambuja Cements, Aurobindp Pharms, ITC, HUL and Dr. Reddy's Lab. Asian Market traded negative as well. Nikkei, the top loser ended at 16,668 points (-162), China's Shanghai Composite dropped 9 points to 2926, Hong-Kong's Hang Seng slump 30 points to 21,297. Indian currency, Rupee closed at 66.76 against US Dollar.

In comparison to stock market, Commodity market traded high. Gold increased by 66 to Rs 29,695 per ten grams while Silver prices incremented by 179 to Rs 40,433 per kg. Natural Gas ended at Rs 164. Crude oil dropped just Rs 7 to Rs 3,389.

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