Monday, June 9, 2014

Live Stock Market – Nifty breaches 7600,Sensex strong; SBI, Maruti gain



It is another day for the market to break records. The Nifty hit 7600, at 7621.65 up 38.25 points. The Sensex is up 147.14 points at 25543.60. About 789 shares have advanced, 72 shares declined, and 25 shares are unchanged.
GAIL, Tata Power, ONGC, Maruti Suzuki and SBI are top gainers in the Sensex.
The rupee has opened higher by 10 paise at 59.08 per dollar as against Friday's closing value of 59.18 a dollar.
Asian stocks kicked off the week with gains following positive data releases from the region's two biggest economies and a strong US lead.
    In commodities, crude prices are higher led by optimism that monetary stimulus in the euro zone, and demand in the US, will lift economic growth and demand for fuel.
        From precious metals space, gold prices fell as the dollar index swung back into positive territory, after a closely watched US Employment report came in almost exactly in line with expectations, showing a solid pace of hiring in May.
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