low oil prices lift equity market

Mumbai, Dec 19 (IANS) Expectations of coque iphone 5 pour iphone 4s a marginal hike in US interest rates, along with lower crude oil coque iphone unique prices and healthy inflows of foreign funds, lifted the key equity indices for coque iphone 5c homer simpson the seventh consecutive day on Wednesday.

Additionally, investor sentiments were boosted on the back of positive global markets and the Reserve Bank of India (RBI)’s announcement of additional open market bond purchases.

The domestic cues tracked major coque iphone 5s antiderapante Asian markets which coque samsung a40 mandala closed on a positive note, barring the Nikkei and Shanghai indices. European indices like FTSE 100, DAX and CAC 40 also traded in the green.

Index wise, the S BSE Sensex settled 137.25 points, or 0.38 per cent higher, at 36,484.33, after touching an intra day high of 36,554.99 points and a low of 36,381.87.

The NSE Nifty50 gained 58.60 points or 0.54 per cent to close at 10,967.30.

According to Vinod Nair, Head of Research, Geojit Financial Services: “Market maintained positive momentum supported by sharp fall in bond yield and continued infusion of liquidity by RBI via open market operation, while bearish view on oil prices totoro coque iphone 4s added strength to rupee.

“On global front, market is expecting dovish hike by FED coque iphone 5s gym which is likely to calm investor’s nerves in the emerging markets like India.”

Sector wise, finance, power and oil and gas stocks gained over fond coque iphone 1 per cent each.

On daily investments, provisional figures from stock exchanges coque samsung a40 marbree showed a healthy buying trend by the Foreign Institutional Investors (FIIs), who purchased shares worth coque samsung galaxy a40s Rs 1,209.21 crore, while Domestic coque iphone 6s liège Institutional Investors (DII) sold coque iphone coque samsung galaxy a40 chat 6 foot dab stocks worth Rs 481.46 crore.

The inflow along with broadly positive global markets indicated expectations funda coque iphone 5 5s se case cover telefonkasten tpu transparent jurassic world c9f6uwe of a dovish decision by the Federal Open Market Committee (FOMC).

In general, any major hike in the US coque samsung a40 transparente rigide interest rate drives FII investments away from emerging markets like India.

In terms coque iphone amazone of currency, Indian rupee closed at Rs 70.40 against the US dollar from its previous close of 70.44 after the benchmark Brent Crude slipped to $56.35 around closing bell.

On Tuesday, the rupee had gained against the US dollar after registering a Rs 1.11 rise the strongest coque iphone 5s connu single day gain samsung a40 coque kawaii in five years.

“Healthy foreign fund inflow and lower crude price, which is at a 52 week low, have helped the currency. The Indian rupee has been the best emerging market currency in the past week,” said Anindya Banerjee, Deputy Vice President Currency and Interest Rates, Kotak Securities.

“Indian bonds, fee clochette coque iphone equity and the currency have outperformed other major markets by a big coque iphone 6 balmain margin.”

HDFC Securities’ Retail Research Head coque iphone ridicule Deepak Jasani cautioned traders to “be prepared for some short term corrections as the markets have been continuously running up.”

“Crucial supports to watch coque iphone cassé for any weakness are at 10,928.”

Stock wise, Asian Paints gained 3.39 per cent, most among the 30 stocks on BSE Sensex, closely followed by Axis Bank.

State Bank of India, Maruti Suzuki and ITC gained in 1 2.68 per cent range.

In contrast, Infosys lost 2.10 per coque iphone 6 s plus miroir cent. Export oriented IT majors like Infosys and TCS fell in the range of 1 coque iphone 4 real madrid to 2 per cent owing to steep gains by the Indian rupee against the US dollar. Vedanta lost 0.96 per cent…