Some positive buying is seen in FMCG, metal, oil & gas, realty, consumer durables, PSU, capital goods, healthcare, banking and power sectors
Equity benchmarks moved marginally up on broad based buying. At 2:38 PM (IST), S&P BSE Sensex is 308 points up at 18,927, while it had hit a high of 18,942.
The 50-share Nifty is 82 points up at 5,554 and it had hit a high of 5,564.
BSE Mid-cap is 74 points up at 5,374, whereas BSE Small-cap is 59 points higher at 5,250.
Some positive buying is seen in FMCG, metal, oil & gas, realty, consumer durables, PSU, capital goods, healthcare, banking and power sectors on BSE.
Tata Steel, ITC, RIL, Coal India, Maruti Suzuki, ICICI Bank, Jindal Steel, Hindalco and BHEL are up on BSE, whereas M&M, Tata Power, HDFC Bank, Dr Reddy's Lab and Infosys are showing some weakness.
Shares in Lupin Ltd gained 2.59% after the company got the final approval from the US Food and Drug Administration for a generic version of eye drop Gatifloxacin on Friday.
Reliance Infrastructure increased 2.7% on the news that the company has completed Salem-Ulundurpet road project in Tamil Nadu through its special purpose vehicle (SPV)-SU Toll Road Pvt Ltd.
Mangalore Refinery and Petrochemicals, which is 1.95% up, said that Ratna puja carrying 87,610 MT of Arab Extra Light crude completed discharge of its cargo through the company's single point mooring system.
Power Finance Corporation, which is 2.67% up, is likely to invite bids for two ultra mega power projects worth Rs. 200 billion in Odisha and Tamil Nadu by this week.
Puravankara Projects is planning to launch Manhattan condominiums at its flagship, Purva Windmere, in Pallikaranai near Velachery in Chennai district of Tamil Nadu. The scrip is 0.9% down on BSE.
In June 2013, mutual funds saw a net outflow of Rs. 500.67 billion as compared to a net outflow of Rs. 484.03 billion.
JP Morgan has cut the country's GDP growth forecast to 4.1% for the fiscal year ending March 2014. The brokerage had earlier projected India's GDP growth at 5.1%.
The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index™ (PMI™) fell from 50.1 to 48.5 in August, indicating a moderate deterioration of business conditions. The latest index reading was the
lowest in four-and-a-half years and the first sub-50.0 reading since March 2009.
The finance ministry has asked the RBI to consider if export credit could be included in priority sector lending of banks
Nikkei closed 184 points up at 13,572, while Hang Seng closed 443 points up at 22,175.
Equity benchmarks moved marginally up on broad based buying. At 2:38 PM (IST), S&P BSE Sensex is 308 points up at 18,927, while it had hit a high of 18,942.
The 50-share Nifty is 82 points up at 5,554 and it had hit a high of 5,564.
BSE Mid-cap is 74 points up at 5,374, whereas BSE Small-cap is 59 points higher at 5,250.
Some positive buying is seen in FMCG, metal, oil & gas, realty, consumer durables, PSU, capital goods, healthcare, banking and power sectors on BSE.
Tata Steel, ITC, RIL, Coal India, Maruti Suzuki, ICICI Bank, Jindal Steel, Hindalco and BHEL are up on BSE, whereas M&M, Tata Power, HDFC Bank, Dr Reddy's Lab and Infosys are showing some weakness.
Shares in Lupin Ltd gained 2.59% after the company got the final approval from the US Food and Drug Administration for a generic version of eye drop Gatifloxacin on Friday.
Reliance Infrastructure increased 2.7% on the news that the company has completed Salem-Ulundurpet road project in Tamil Nadu through its special purpose vehicle (SPV)-SU Toll Road Pvt Ltd.
Mangalore Refinery and Petrochemicals, which is 1.95% up, said that Ratna puja carrying 87,610 MT of Arab Extra Light crude completed discharge of its cargo through the company's single point mooring system.
Power Finance Corporation, which is 2.67% up, is likely to invite bids for two ultra mega power projects worth Rs. 200 billion in Odisha and Tamil Nadu by this week.
Puravankara Projects is planning to launch Manhattan condominiums at its flagship, Purva Windmere, in Pallikaranai near Velachery in Chennai district of Tamil Nadu. The scrip is 0.9% down on BSE.
In June 2013, mutual funds saw a net outflow of Rs. 500.67 billion as compared to a net outflow of Rs. 484.03 billion.
JP Morgan has cut the country's GDP growth forecast to 4.1% for the fiscal year ending March 2014. The brokerage had earlier projected India's GDP growth at 5.1%.
The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index™ (PMI™) fell from 50.1 to 48.5 in August, indicating a moderate deterioration of business conditions. The latest index reading was the
lowest in four-and-a-half years and the first sub-50.0 reading since March 2009.
The finance ministry has asked the RBI to consider if export credit could be included in priority sector lending of banks
Nikkei closed 184 points up at 13,572, while Hang Seng closed 443 points up at 22,175.
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