Monday 1 August 2016

Stock Market Slipped Down Update By Money Maker Research

Stock Market Slipped Down Update By Money Maker Research
On the fresh new day of the new month, Stock Market had a good opening but could hold its early gains and fell down. The market continues to struggle but technology stocks are outperforming. Sensex dropped 79 points to 27972 and Nifty dropped 14 points to 8623. The Indian rupee opened higher by 22 paise at 66.80/$ against US Dollar Monday as against the previous close of 67.02/$. TCS, Wipro, Maruti, Bajaj Auto and Dr Reddy's Labs are top gainers while ICICI Bank, L&T, Adani Ports, BHEL and Lupin are losers in the Sensex. BSE Capital Goods lost highest of 337 points to 15140, BSE Bankex dropped 266 points to 21411 and Bank Nifty lost 238 points to 18714. Asian Market is trading average. Nikkei with 66 points hike trading at 16635, Hang Seng being at the top gained 237 points at 22129 and Shanghai Composite with 25 points down trading at 2953.

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