With 104.29 points The Sensex is rise up at 27611.83 and the Nifty is up 32.40 points at 8316.40. About 715 shares have advanced, 164 shares reduce and 884 shares are unchanged. ONGC, Sesa Sterlite, BHEL, Bharti Airtel and Tata Steel are major profit gainers while Coal India, Hindalco, Tata Power, Bajaj Auto and GAIL are sluggard. Indian rupee opened lower by 8 paise at 63.43 per dollar versus 63.35 Thursday. Rupee is expected to cheapen as dollar desire from banks and oil importers would further hurt the rupee. Rupee is expected to trade in a range of 63-63.70/dollar today.
The Asian markets too were trading shallow in the morning. US and European markets were ended for the New Year. Gold increased up as higher oil prices improve its safe haven appeal, but the metal gape set to post its third straight weekly loss, weighed downward by a strong dollar.
Major Gainers
BHEL
ONGC
Sesa Sterlite
Bharti Airtel
Tata Steel
Losers
Tata Power
Coal India
Hindalco
Bajaj Auto
GAIL
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