Nifty holds 8,050 amid lacklustre trades; IT shares weigh - Dollar Advisory & Financial Services

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Monday 27 June 2016

Nifty holds 8,050 amid lacklustre trades; IT shares weigh

Markets keep on trading in a slender extent with Nifty clutching the 8,050 imprint. Shortcoming in innovation offers in the midst of an acknowledging rupee is counterbalancing picks up in the FMCG stocks.

At 10:10 am, the S&P BSE Sensex lost 53 focuses to cite at 26,345 and the Nifty50 shed 16 focuses to exchange at 8,073.

The rupee shook off some of its prior shortcoming and recuperated 12 paise to 67.84 against the dollar today on expanded offering of the US cash by banks and exporters.

Main 5 failures in the 30-offer Sensex pack incorporate TCS, Infosys, Tata Steel, Maruti Suzuki and Wipro down between 1%-2.5%. On the other side, Dr Reddy's Lab, HUL, SBI, NTPC and Axis Bank are up between 0.7%-2%.

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