India's anti-terror surgical strikes hit equity markets (Roundup) - News Summed Up

India's anti-terror surgical strikes hit equity markets (Roundup)


The market movement was similar in Pakistan.The barometer 30-scrip sensitive index (Sensex) of the BSE opened strong at 28,423.14 points on Thursday, against the previous close at 28,292.81 points. The index, at one point of time, was down by over 415 points. "Indian rupee along with Indian bonds and Indian equities made a knee-jerk reaction as markets digested the news of India's surgical strikes against terrorist camps," Anindya Banerjee , Associate Vice President for Currency Derivatives with Kotak Securities , told IANS. "According to Dhruv Desai , Director and Chief Operating Officer of Tradebulls, the CNX Nifty traded with bearish sentiments throughout the session. "Firm USD/INR futures prices also pressurised the Indian equity markets in intra-day session.


Source: Times of India September 29, 2016 14:26 UTC



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