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LORD JESUS CHRIST SAYS

So do not worry, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear?’ For the pagans run after all these things, and your heavenly Father knows that you need them. But seek first his kingdom and his righteousness, and all these things will be given to you as well. Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.

8 Feb 2016

STOCK MARKET- LIVE SENSEX OPENS FLAT




9.30 a.m.: Tata Power was the top loser in Nifty, down 2 per cent at Rs 59.05. It reported 88 per cent decline in net profit at Rs 24.5 crore compared to Rs 198 crore in the year-ago quarter. Its revenues increased 9.4 per cent to Rs 9,329 crore. 

9.15 a.m.: Markets opened flat in the absence of cues from the Asian markets. The Sensex fell as much as 40 points to 24,573 and the Nifty fell nearly 15 points to 7,474. Metal and banking stocks were the prominent gainers on the index today with Tata Steel rising over 3 per cent followed by Axis Bank and Bank of Baroda, which rose over 2 per cent each. 

Jet Airways surged over 8 per cent to Rs 618 as it reported strong earnings for the December quarter. 

9.00 a.m.: Rupee opens lower at 67.85 per dollar against Friday's close of 67.64.  

8.30 a.m.: Nifty futuresTRADEDhttp://cdncache-a.akamaihd.net/items/it/img/arrow-10x10.png on the Singapore Stock Exchange (SGX) were down 32 points or 0.43 per cent on Monday, indicating a lower opening for domestic stock markets. 

Steel stocks are likely to gain after the government set minimum import price for over 173 steel products to help protect domestic producers from cheap Chinese imports. The move is likely to improve the pricing power of domestic steel producers. 

Jet Airways reported a record profit of Rs 467 crore while its revenue grew 8 per cent to Rs 5,444 crore. Tata Power and Divis Lab will also react to their December quarter earnings. Companies like AIA Engineering, Ipca Lab, Polaris, Gujarat Gas report their numbers today. 

Sentiment is likely to be weak as foreign investors sold cash shares worth Rs 607 crore on Friday. Domestic investors were net buyers to the tune of Rs 760 crore. 

Lack of global cues may restrict the market movement today, as most of the Asian markets except Japan are shut today. 

On Friday, the Dow closed down 1.29 per cent, while the tech-heavy Nasdaq index lost 3.25 per cent. US markets came under a selloff on concerns that there could be another interest rate hike as soon as March. 


9.15 a.m.: Markets opened flat in the absence of cues from the Asian markets. The Sensex fell as much as 40 points to 24,573 and the Nifty fell nearly 15 points to 7,474. Metal and banking stocks were the prominent gainers on the index today with Tata Steel rising over 3 per cent followed by Axis Bank and Bank of Baroda, which rose over 2 per cent each. 
Jet Airways surged over 8 per cent to Rs 618 as it reported strong earnings for the December quarter. 
9.00 a.m.: Rupee opens lower at 67.85 per dollar against Friday's close of 67.64.  
8.30 a.m.: Nifty futuresTRADEDhttp://cdncache-a.akamaihd.net/items/it/img/arrow-10x10.png on the Singapore Stock Exchange (SGX) were down 32 points or 0.43 per cent on Monday, indicating a lower opening for domestic stock markets. 
Steel stocks are likely to gain after the government set minimum import price for over 173 steel products to help protect domestic producers from cheap Chinese imports. The move is likely to improve the pricing power of domestic steel producers. 
Jet Airways reported a record profit of Rs 467 crore while its revenue grew 8 per cent to Rs 5,444 crore. Tata Power and Divis Lab will also react to their December quarter earnings. Companies like AIA Engineering, Ipca Lab, Polaris, Gujarat Gas report their numbers today. 
Sentiment is likely to be weak as foreign investors sold cash shares worth Rs 607 crore on Friday. Domestic investors were net buyers to the tune of Rs 760 crore. 
Lack of global cues may restrict the market movement today, as most of the Asian markets except Japan are shut today. 
On Friday, the Dow closed down 1.29 per cent, while the tech-heavy Nasdaq index lost 3.25 per cent. US markets came under a selloff on concerns that there could be another interest rate hike as soon as March. 


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