Equity
benchmarks extended upside in afternoon trade. The Sensex gained 86.40 points
at 26484.11 and the Nifty rose 29.05 points to 8117.65.
The
market breadth remained strong as about three shares advanced for every share
declining on BSE.
Europe
opens: European stocks opened sharply lower as the fallout from Britain's
decision to leave the European Union (EU) continues, sending the pound falling
as well. The pan-European STOXX 600 was down 1.12 percent.
London's FTSE 100 index was down 0.82 percent
despite futures earlier trading a lot lower. Investor sentiment was hard-hit on
Friday when results of the UK referendum on EU membership went the way of the
Brexit camp. Uncertainty over what this meant for Britain's future led to
turmoil in global financial markets, with the pound slumping and stocks around
the world tanking.
ITC,
L&T, SBI, ICICI Bank, Axis Bank, HUL, Adani Ports, Dr Reddy's Labs and NTPC
gained 1-2 percent while TCS, Infosys and Wipro fell 1-3 percent.
BUY VEDANTA FUTURE ABOVE 119.80 TG 120.20, 120.80, 121.80 SL 119.20,
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Equity benchmarks
extended upside in afternoon trade. The Sensex gained 86.40 points at
26484.11 and the Nifty rose 29.05 points to 8117.65.
The market breadth remained strong as about three shares advanced for
every share declining on BSE.
12:45 pm Europe opens: European stocks opened sharply lower as the
fallout from Britain's decision to leave the European Union (EU)
continues, sending the pound falling as well.
The pan-European STOXX 600 was down 1.12 percent.
London's FTSE 100 index was down 0.82 percent despite futures earlier
trading a lot lower.
Investor sentiment was hard-hit on Friday when results of the UK
referendum on EU membership went the way of the Brexit camp. Uncertainty
over what this meant for Britain's future led to turmoil in global
financial markets, with the pound slumping and stocks around the world
tanking.
Read more at: http://www.moneycontrol.com/news/local-markets/nifty-reclaims-8100-sensex-rebounds-amid-consolidation-itc-up_6933001.html?utm_source=ref_article
Read more at: http://www.moneycontrol.com/news/local-markets/nifty-reclaims-8100-sensex-rebounds-amid-consolidation-itc-up_6933001.html?utm_source=ref_article
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