Sensex Started Positive, ICICI Bank, Coal India, Infosys, Bajaj Auto Gainers 24 Dec, 2015

Today, The S&P BSE Sensex started on a positive note on the last trading day of the week. The market will remain shut on Friday due to a Christmas holiday.

The rally in the index was led by gains in ICICI Bank, Coal India, Infosys, Bajaj Auto, HUL, RIL and Tata Motors.

The Nifty-50 was trading comfortably above its critical psychological support level of 7,850, supported by gains in metal, power, oil & gas, capital goods stocks.

Other market updates : Japan's Nikkei were trading lower by 0.1 per-cent while Hong Kong's Hang Seng index was trading higher by 0.5 per cent and the South Korean Kospi was flat, while mainland China's Shanghai Composite was down 1.3 per-cent.

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Commodity updates : Equities extend holiday rally 24 Dec, 2015

Today's news : Asian equities delivered some last-minute Christmas cheer, continuing to rally on the last full trading day of the week before the holiday. Oil prices recovery boosted energy stocks in the areas, with US crude nearly 1 per-cent high in Asia trading following a 4 per-cent rally overnight.

Data on yesterday displayed inventories of US crude fell by 5.9 million barrels in the previous week, compared with estimations for an increase of 1.1 million barrels.

More healthy economic data saw all 3 major US(United States) averages rally 1 per-cent overnight, their 3rd day of gains. U.S. personal consumption expenditures rose 0.3 per-cent on-month in Nov after remaining flat in Oct month, contributing to the market's optimistic mood one day after better-than-expected 3rd-quarter growth data.

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