Stock Market News: Nifty Opens Above 8150, Sensex Up 100 pts

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The Indian Equity Market has opened on sturdy|a robust|a powerful} note supported by strong international cues. The Sensex is up 138.86 points or 0.5 p.c at 26663.41 and also the corking is up forty.50 points or 0.5 p.c at 8168.35. concerning 660 shares have advanced, ninety eight shares declined, and thirty-nine shares square measure unchanged. Tata Motors, ICICI Bank, Dr Reddy's Labs, L&T and Sun drug company square measure prime gainers whereas GAIL and HDFC Bank square measure losers within the Sensex.

The Indian monetary unit opened higher by seventeen paise at sixty seven.78 per dollar on Wed versus previous shut 67.95. The pound was very little modified at USD 1.33 versus the dollar once gaining 0.9 p.c last session, halting a two-day cut-rate sale. Pramit Brahmbhatt of truthfulness aforementioned, "Positive cues from international equity market can govern today's move within the rupee and it's probably to understand for the day." Asian share markets joined a worldwide rally on Wed because the immediate impact of Britain's vote to depart began to wane and investors wagered central banks would have to be compelled to ride to the rescue with a lot of input measures.

In Japan, the Nikkei 225 value-added one.06 percent, whereas across the Korea Strait, the Kospi was up 0.4 percent. Australia's ASX two hundred value-added 1.04 p.c in early trade.