Sensex gains over 150 points, Nifty aims 8,400; Tata Motors up 3% - Dollar Advisory & Financial Services

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Monday 4 July 2016

Sensex gains over 150 points, Nifty aims 8,400; Tata Motors up 3%

Markets have commenced the session on a better note pursuit firm international cues together with oil shares leading the gains.

By 9:30 am, the S&P animal disease Sensex rose 181 points to trade at twenty seven,326 and therefore the Nifty50 gained fifty points at eight,379. Broader markets square measure playacting inline with the benchmark indices- animal disease Midcap and Smallcap indices square measure up zero.7%.

After wrenching up strong gains, the exchange could take a breather, with risk of some correction in an exceedingly holiday-shortened week ahead, say consultants.

Asian stocks edged higher when recouping early losses crystal rectifier by gains in Chinese stocks. In Asian nation, the Shanghai Composite was presently up one.5%. In metropolis, the droop Seng index was presently up one.75%.

US stocks rose for a fourth day on Fri, with the S&P five hundred Index posting its best week since November, amid optimism on yankee growth and as central banks continuing to signal support in staving off fallout from Britain's call to depart the ecu Union. North American country market can stay shut these days on account of July 4.

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