Nifty hits 8100 in June series, Sensex up over 200pts; SBI up 2% --- 27 May 2016

                                                   

The market has opened strong on Friday. The Nifty has touched 8100 briefly beginning June series . The 50-share index is up 24.25 points or 0.3 percent at 8093.90. The Sensex is up 78.72 points or 0.3 percent at 26445.40. About 504 shares have advanced, 204 shares declined, and 34 shares are unchanged. Sun Pharma, Lupin, SBI, Axis Bank and Adani Ports are up while L&T, Bajaj Auto, ICICI Bank, Dr Reddy's Labs and HDFC Bank are losers in the Sensex.

The Indian rupee extended gains. The currency has opened at 67.02 a dollar, up 15 paise compared to previous day's closing value of 67.17 a dollar.

 The USD-INR pair after briefly trading above 67.50 per dollar has moved back into the 66.50-67.50 range tracking global dollar weakness and positive equities.

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