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Stock Market Opening News
The market has opened flat with the Nifty below 8100.
The 50-share index is up 17.60 points or 0.2 percent at 8097.55 while the Sensex is up 8.05 points or 0.03% at 26235.67.
- Axis Bank
Tata Motors, ITC, Tata Steel, Cipla and L&T are losers in the Sensex.
The Indian rupee declined in the early trade on Friday. It has opened lower by 18 paise at 68 per dollar versus 67.82 Thursday.
The rupee hit 68 mark per dollar for the first time since June 27, 2016. Bhaskar Panda of HDFC Bank said, “The dollar index had touched 13.5-year high before retreating. The USD-INR pair is expected to trade in a range of 67.80- 68/dollar.”
Sensex Up + 42.58 @ 26270.20
Nifty Future Up + 9.50 @ 8097.85
Bank Nifty Future Up + 73.20 @ 19213.25
USD/INR – 68.00
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