Monday, 6 August 2018

Market Live: Nifty above 11,400, Sensex up 100 points in pre-opening trade


Shares of Titan, Hero Motocorp, HDFC are up 1-2 percent, while Suzlon Energy down 10 percent in pre-opening trade.
Rupee Opens: The Indian rupee opened marginally higher at 68.57 per dollar on Monday versus 68.61 Friday.
The dollar-rupee August contract on the NSE was at 68.86 in the previous session. August contract open interest increased by almost 10% in the previous day, said ICICIdirect.
We expect the USD-INR to meet supply pressure at higher levels. Utilise upsides in the pair to initiate short positions, it added.
Market at pre-open: Pre-opening trends indicate that the Sensex and Nifty are likely to have a positive start, with the Nifty trading well above 11,400-mark. 
At 09:03 hrs IST, the Sensex is up 121.96 points at 37,678.12, and the Nifty up 41.20 points at 11,402.
Shares of Titan, Hero Motocorp, HDFC are up 1-2 percent, while Suzlon Energy down 10 percent in pre-opening trade.

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