20/04/2017

NIFTY OPENS ABOVE 9150, SENSEX GAINS 100 PTS ON GLOBAL CUES | TODAY STOCK MARKET NEWS UPDATE 21 APRIL 2017.


he market extended its previous day's gains, with the Nifty reclaiming 9150 level on positive Asian cues, backed by banking & financials, FM CG and Reliance Industries.

The 30-share BSE Sensex was up 110.76 points at 29,533.15 and the 50-share NSE Nifty gained 43.25 points at 9,179.65. About 754 shares advanced against 132 declining shares on the BSE.

The Indian rupee opened lower by 8 paise at 64.64 per dollar versus previous close of 64.56.

Ashutosh Raina of HDFC Bank said, "The markets are keenly watching the upcoming French elections, which should decide the future risk tone."

He expects the USD-INR currency pair to trade in the 64.50-64.80/dollar range for today.

The dollar remained weak against a basket of major currencies as the latest data on domestic jobless claims.

Asia markets were mostly higher today after a strong session in the US amid caution following a suspected terrorist shooting in Paris ahead of the first round of the presidential election at the weekend.


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