Sensex up 60 pts; realty, auto stocks lead 02/09/2016 11:34

Sensex up 60 pts; realty, auto stocks lead
02/09/2016 11:34

NIFTY Fut               : SELL ZONE
BANKNIFTY Fut   : SELL ZONE


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Indian equity benchmarks continued to trade in the positive territory during late morning deals on Friday as traders indulged in buying activity mainly in realty and auto sector stocks. However, gains in local equities were restricted amid caution ahead of the US jobs data for August to be released later in the day.

At 11:08 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 28,484.07, up by 60.59 points or 0.21 per cent while the NSE Nifty was at 8,780.5, up by 5.85 points or 0.07 per cent. Investors keenly eyed the US jobs data as it will offer further cues over the timing of the US Federal Reserve’s next interest rate hike.

On the global front, Asian markets were trading mixed as risk aversion ruled sentiment ahead of the US jobs data which may determine whether the world’s top central bank moves to tighten interest rates as early as this month.

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