The S&P BSE Sensex is trading at 26,892 up 54 points, while NSE Nifty is trading at 8,130 up 19 points. The BSE Mid-cap Index is trading up 0.56% at 11,051, whereas BSE Small-cap Index is trading up 0.30% at 11,438. Some buying activity is seen in banking, pharma,capital goods, oil & gas, realty, power and metal sectors, while auto, IT, consumer durables and fmcg sectors are showing weakness on BSE.
NTPC, Dr.Reddy's, ICICI Bank, L&T, Cipla, SBI, RIL, Hindalco, Tata Steel and Coal India are among the gainers, whereas Vedanta, ONGC, ITC, Tata Motors, M&M and Maruti Suzuki are losing sheen on BSE. Indian Rupee today opened higher by 3 paise at 64.71/$ in early trade on Thursday. Yesterday, Indian rupee can scale lower in the short run, considering the prevalent volatility in the global currency markets. On the global front, Fed elaborated that it is still monitoring global economic developments, however excluded the phrase of global risks taking a toll on US economy. Meanwhile, Fed stated that underutilization of labor resources has diminished and it continues to see the outlook for economic activity and the labor market nearly balanced, which reinforced the perception of a possible rate hike this year. State Bank of Travancore has jumped 5% at Rs. 429 on BSE. The bank reported a more than five-fold jump in its net profit at Rs. 102.80 crore for the second quarter of 2015-16.
Praj Industries has slipped over percent to a low of Rs. 82.70 in opening trades this morning on the back of weak Q2 numbers. The company's net profit declined by 81.6% at Rs. 46.40 million from Rs. 251.90 million in the same quarter previous year. Operating margin for the quarter stood at 5.10% as compared to 7.4% for the previous year period.
For Quick Trial – 8962000225 ✔
or mail us here: info@ways2capital.com
or visit http://www.ways2capital.com
✆ - 0731-6554125 | Toll Free - 1800-3010-2007
Give a Missed Call for Free Trial - 09699997717
0 comments:
Post a Comment