Thursday, February 9, 2017

STOCK MARKET OPENING BELL FOR 09-FEB-2017

Sensex up 150 pts, Nifty reclaims 8800 after 2-day consolidation

The market started off Thursday's trade on a positive note after three-day consolidation and pricing in Union Budget as well as RBI policy. Q3 earnings will be closely watched. The 30-share BSE Sensex was up 150.45 points at 28440.37 and the 50-share NSE Nifty gained 47.40 points at 8816.45.

 Hero Motocorp and Cipla rallied 1.5-2 percent after quarterly earnings. ICICI Bank, ONGC, SBI, Aurobindo Pharma, Bharti Infratel, Axis Bank and Tata Motors were other gainers. BHEL, HUL and Asian Paints were early losers.

The Indian rupee gained further in early trade today. It has opened higher by 15 paise at 67.04 per dollar versus previous close of 67.19

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