Market Live Sensex, Nifty open flat with positive bias; PSU banks gain

Among the sectors, PSU bank led the gainers followed by IT, pharma and auto, while selling seen in the metal index.

Crude Update: Oil prices inched lower on Thursday after solid gains the day before, pressured by data showing a smaller-than-expected decline in U.S. crude stockpiles.

Dollar Update: The dollar was on the back foot on Thursday, trading near a one-week low versus the yen as falling Treasury yields fueled expectations the U.S. Federal Reserve will cut interest rates this month for the first time in a decade.

Market opens: It is a flat start for the Indian indices on July 4 ahead of Union Budget scheduled on July 5.

The Sensex is up 66.64 points at 39905.89, while Nifty is up 22.50 points at 11939.30. About 440 shares have advanced, 245 shares declined, and 29 shares are unchanged.

Infosys, TCS, Tech Mahindra, Allahabad Bank, ONGC, Indiabulls Housing, UPL, Eicher Motors, Yes Bank, Axis Bank, Dr Reddy’s Lab, Tata Motors and Hero Motocorp are among major gainers on the indices, while losers are Tata Steel, JSW Steel, Hindalco, Titan and Wipro.

Among the sectors, PSU bank led the gainers followed by IT, pharma and auto, while selling seen in the metal index.

Check out your favorite Offers touch the link and read some best Services – Stock Cash Trading Tips Contact Us – 9644405057

Please follow and like us:
20