Thursday, 6 August 2015

Nifty Near 8,600, Sensex Sharp Pullback Latest News Till 2 O' clock

Bank nifty futures tips

The markets exhibit a sharp-edged pullback from the intraday low levels in the noon deals after the buying restart in banking, IT and capital goods stock. Bank Nifty which meet 18,830 low was up 0.4 per-cent.

The Sensex went up 73 points up at 28,296 and Nifty jumped 25 pts to 8,593.On Thursday, Oil traded near multi-month lows with Brent under $50 a barrel as surplus supplies and the likelihood of furthermore dollar strength weighed on prices.

European markets edged lower in opening trades. Britain's FTSE100 was down 0.4 per cent, CAC40 index slipped .15 per cent and DAX was down 0.05 per cent.

The markets were trading on a listless note. The Sensex went up 10 pts at 28,233 and Nifty jumped 2 points to 8,570.

Today as per market reports Dr. Reddy's Laboratories shares surged as much as 3.2 per cent to hit a 52-week high of Rs 4,326.5 after it announced a strategic collaboration with global pharma major Amgen.

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