14:20
Moneycontrol BureauLive Market Commentary
02:20pm Karnataka Bank shares gained nearly 6 percent. The bank has joined hands with Reliance Capital by entering into a Memorandum of Understanding (MOU) for financing the micro, small and medium enterprises (MSMEs) through co-financing arrangement.
02:15pm Equity benchmarks gained strength again in afternoon trade following further upmove in European markets on Greek deal.
The BSE Sensex is up 129.71 points or 0.67 percent at 19454.48, and the Nifty is up 48.10 points or 0.83 percent at 5859.65.
Britain's FTSE and Germany's DAX rallied over 1 percent while France's CAC rose 0.8 percent. The european union finance ministers agreed to give greece some cash, but the 6.8 billion euro sum was not as much as Athens had hoped for. European finance ministers said this month they will give greece 2.5 billion euros with the rest coming later, after the greek government pushes forward on public sector reforms.
Indian rupee gained 50 paise to 60.10 per dollar after the Reserve Bank of India and Securities and Exchange Board of India (Sebi) clamped down on open positions that banks and non banks can take in the currency futures market.
According to Ananth Narayan of Standard Chartered Bank , combination of these measures has helped the rupee some extend. Though these measures can be painful in the short term they may restrict liquidity, increase volatility and transaction cost for market participants, but such controls help in the medium to long run, he added.
Also Read: Indian rupee has resistance at 61.20-61.44: ICICIdirect.com
Anda sedang membaca artikel tentang
Sensex up on Europe gains; Karnataka Bank surges 6%
Dengan url
http://sehatgayahidup.blogspot.com/2013/07/sensex-up-on-europe-gains-karnataka.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Sensex up on Europe gains; Karnataka Bank surges 6%
namun jangan lupa untuk meletakkan link
Sensex up on Europe gains; Karnataka Bank surges 6%
sebagai sumbernya
0 komentar:
Posting Komentar