Friday, December 14, 2018

Sensex nears 36,000, Nifty above 10,800 amid volatility; Yes Bank gains

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Benchmark indices continued to consolidate in morning, which was on expected lines said technical analysts.
The 30-share BSE Sensex rose 14.52 points to 35,944.16 and the 50-share NSE Nifty gained 1.50 points at 10,793.
The market breadth was in favour of bulls as about 780 shares advanced against 661 declining shares on the BSE.
The rupee depreciated by 5 paise to 71.73 on the forex market as the American currency strengthened, while the domestic equity market traded marginally higher.
Forex traders said strengthening of the US dollar against some currencies overseas and caution ahead of RBI central board meeting under new Governor Shaktikanta Das, weighed on the local unit.
On Thursday the rupee appreciated by 33 paise to 71.68 per US dollar.
Source- Money Control

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