Some buying activity is seen in realty, consumer durables, oil & gas, metal, PSU and banking sector, while IT sector is losing sheen on BSE
At 9:36 AM, S&P BSE Sensex is 20,910 up 142 points, while CNX Nifty is at 6,213 up 34 points.
On Wednesday, Sensex closed at 20,767 down 97 points, while Nifty closed at 6,178 down 24 points over the previous close.
BSE Mid-cap is 38 points up at 6,024, while BSE Small-cap is 31 points higher at 5,887.
Some buying activity is seen in realty, consumer durables, oil & gas, metal, PSU and banking sector, while IT sector is losing sheen on BSE.
Bharti Airtel, Hindalco, SSLT, ONGC, RIL, Jindal Steel, Tata Motors and SBI are up on BSE, whereas TCS, Hero MotoCorp, Sun Pharma and Wipro are showing some weakness.
The largely held view on the street is that Indian market is poised to make a new high shortly. That may well turn out to be true. However, the rally could end badly as corporate earnings continue to disappoint, according to Credit Suisse.
In its 'India Market Strategy' report released on Tuesday, Credit Suisse suggests that investors should be booking profits instead of adding to their existing positions.
ACC Ltd is 0.44% down on BSE. The company reported net profit after taxes, minority interest and share of profit of associates of Rs. 1.19 billion for the quarter ended September 30, 2013 as compared to Rs. 2.42 billion for the quarter ended September 30, 2012.
Hero MotoCorp is 0.26% down on BSE. The company posted net profit of Rs. 4.81 billion for the quarter ended September 30, 2013 as compared to Rs. 4.41 billion for the quarter ended September 30, 2012.
Coal India’s follow-on public offer for a 5% stake sale will have to wait till the government appoints seven independent directors on its board, who have retired this year and their positions are yet to be filled up, according to a media report. Coal India is 0.16% up on BSE.
Punj Lloyd plans to divest stake in its non-core assets, list a subsidiary overseas and chase receivables as part of a plan to halve debt to about Rs30bn in a year.
Nikkei is trading 60 points down at 14,365, while Hang Seng is trading 177 points down at 22,822.
At 9:36 AM, S&P BSE Sensex is 20,910 up 142 points, while CNX Nifty is at 6,213 up 34 points.
On Wednesday, Sensex closed at 20,767 down 97 points, while Nifty closed at 6,178 down 24 points over the previous close.
BSE Mid-cap is 38 points up at 6,024, while BSE Small-cap is 31 points higher at 5,887.
Some buying activity is seen in realty, consumer durables, oil & gas, metal, PSU and banking sector, while IT sector is losing sheen on BSE.
Bharti Airtel, Hindalco, SSLT, ONGC, RIL, Jindal Steel, Tata Motors and SBI are up on BSE, whereas TCS, Hero MotoCorp, Sun Pharma and Wipro are showing some weakness.
The largely held view on the street is that Indian market is poised to make a new high shortly. That may well turn out to be true. However, the rally could end badly as corporate earnings continue to disappoint, according to Credit Suisse.
In its 'India Market Strategy' report released on Tuesday, Credit Suisse suggests that investors should be booking profits instead of adding to their existing positions.
ACC Ltd is 0.44% down on BSE. The company reported net profit after taxes, minority interest and share of profit of associates of Rs. 1.19 billion for the quarter ended September 30, 2013 as compared to Rs. 2.42 billion for the quarter ended September 30, 2012.
Hero MotoCorp is 0.26% down on BSE. The company posted net profit of Rs. 4.81 billion for the quarter ended September 30, 2013 as compared to Rs. 4.41 billion for the quarter ended September 30, 2012.
Coal India’s follow-on public offer for a 5% stake sale will have to wait till the government appoints seven independent directors on its board, who have retired this year and their positions are yet to be filled up, according to a media report. Coal India is 0.16% up on BSE.
Punj Lloyd plans to divest stake in its non-core assets, list a subsidiary overseas and chase receivables as part of a plan to halve debt to about Rs30bn in a year.
Nikkei is trading 60 points down at 14,365, while Hang Seng is trading 177 points down at 22,822.
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