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Friday, 16 September 2016

Stock Market Rises More Than 1 Percent - Updates By Money Maker Research

Indian stock market rose over 1 percent on Friday in the noon session, heading for their third straight session of gains, in line with Asian markets as lackluster U.S. retail sales data reduced already low chances of an interest rate hike by the Federal Reserve next week. Sensex has hiked 295 points yet and Nifty has rise 79 points to 8822. Currently Rupee is trading higher by 13 paise at 66.89 against US Dollar. Till yet 1571 shares have advanced, 996 shares declined and 184 shares remained unchanged. Midcap sectors are showing average movements. BSE Small Cap has hiked 53 points to 12799, while BSE Midcap drifted up 30 points to 13122.

Commodity Market is slipping down in today's session. In Bullion Market, MCX Gold dropped 52 points to 30858 and Silver dropped 141 points to 45497. Crude Oil fell 40 points down ahead weak global cues.

Asian Market Update: Nikkei has hiked 114 points to 16519, Hang Seng hiked 144 points to 23335 and China's index Shanghai Composite dropped 20 points to 3002.


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