Epic Research

Friday, June 10, 2016

Short covering helps Sensex, Nifty rebound; Asian Paints down

 Equity benchmarks maintained uptrend in noon trade on short covering after yesterday's loss. Banking & financials, FMCG, oil & gas and infra stocks gained.

The 30-share BSE Sensex rose 128.78 points to 26892.24 and the Nifty advanced 40 points to 8243.60. The broader markets also remained firm as the BSE Midcap and Smallcap indices gained 0.4-0.7 percent.

Asia markets stumbled on the final trading day of the week, as a stronger dollar weighed on commodity prices overnight and snapped Wall Street's three-day winning streak.





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