Thursday 19 March 2015

Nifty hovers around 8750; rupee rises, IT index in red





The market is firmly in the green supported by the global risk off trade. The Sensex is up 226.90 points or 0.7 percent at 28849.02 and the Nifty is up 61.15 points or 0.7 percent at 8747.05. About 1426 shares have advanced, 779 shares declined, and 160 shares are unchanged.



Tata Steel, Sun Pharma, GAIL, Axis Bank and L&T are top gainers in the Sensex. Among the losers are NTPC, Bajaj Auto and Bharti Airtel.



Rupee rises in line with other emerging market currencies, It is close to a 2-week high against the dollar. Bonds trade higher as well.



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