Sensex, Nifty Open Flat Ahead Of Fed Meet Outcome; Dr Reddy's Up 2% - Dollar Advisory Financial Services

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Wednesday 14 June 2017

Sensex, Nifty Open Flat Ahead Of Fed Meet Outcome; Dr Reddy's Up 2%

Equity benchmarks started off Wednesday's trade on a flat note as investors await the outcome of two-day Federal Reserve policy meeting due tonight.

The 30-share BSE Sensex was up 28.79 points at 31,132.28 and the 50-share NSE Nifty rose 2.85 points to 9,609.75. About 596 shares advanced against 364 declining shares on the BSE.

Reliance Industries, ICICI Bank, TCS, Infosys, Lupin and Dr Reddy's Labs were early gainers while Asian Paints, HDFC, ITC, HDFC Bank and Tata Steel were losers.

Stressed assets stocks like Videocon, Bhushan Steel and Electrosteel Steels fell more than 5 percent while Hexaware declined 4 percent on a media report that revenue from EY declined.

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