Mumbai: The market has opened in green on August Futures and Options expiry day. The Sensex is up 74.49 points or 0.3 percent at 28134.43 and the Nifty is up 25.45 points or 0.3% at 8675.75. About 562 shares have advanced, 165 shares declined, and 26 shares are unchanged.
Cipla, Bajaj Auto, Axis Bank, Maruti and TCS are top gainers while Wipro, Infosys, BHEL, NTPC and HDFC are losers in the Sensex. The Indian rupee opened marginally higher at 67.09 per dollar versus previous close of 67.11.
Mohan Shenoi of Kotak Mahindra Bank said, "Global currency markets are cautious and rangebound ahead of Yellen's Jackson Hole speech as it could give clues on US Fed rate hike." Dollar held steady led by uncertainty ahead of a meeting of central bankers at Jackson Hole on Friday.
Among global peers, Asian stocks slipped, taking their cue from an overnight drop on Wall Street, while the dollar marked time ahead of Friday's speech by Federal Reserve Chair Janet Yellen at the global central bankers' meeting. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.3 percent.
Comments
0 comment