Indian equities were trading up by about 0.4 per cent in the mid-session on Friday on the back of positive job market indicators and subdued inflation data from the US.
At 1.05 p.m., the 30-share BSE index Sensex was up 83.99 points (0.42 per cent) at 20,313.04 and the 50-share NSE index Nifty was up 27.9 points (0.47 per cent) at 6,026.95.
Among BSE sectoral indices, consumer durables, oil & gas, PSU and capital goods led the charge, while auto, metal and realty indices were trading in the red.
Consumer durables index was up 1.32 per cent, followed by oil & gas 1.02 per cent, PSU 0.65 per cent and capital goods 0.5 per cent. On the other hand, auto index was down 0.65 per cent, metal 0.53 per cent and realty 0.39 per cent.
ONGC, HDFC, Bharti Airtel, GAIL and Tata Steel were the top five Sensex gainers, while the top five losers were Hindalco, Tata Motors, SSLT, Bajaj Auto and Sun Pharma.
European indices, FTSE-100 was in the green while DAX and CAC-40 were in the red.
In the Asian trade, Japan's Nikkei was up 16.12 points or 0.1 per cent at 15,381.70, Hong Kong's Hang Seng rose 110.24 points or 0.47 per cent to 23,690.50 and Australia's S&P/ASX 200 climbed 47.59 points or 0.9 per cent to 5,335.91.
The Dow Jones industrial average closed above 16,000 for the first time as the US Labour Department reported that applications for unemployment benefits have come down significantly. The number of applications received was close to where it was before the Great Recession, it said.
On the other hand, producer prices came down for the second straight month in October, an indication that inflation continues to remain muted in the world's largest economy. All Asian equities were on firm ground.
In a research note released ahead of Indian markets opening, HDFC Securities said: “Indian market could open flat to marginally in the green and remain volatile in a range of plus/minus 25 points on Nifty throughout the session…Among the sectoral indices, banks & capital goods could see some value-buying. However, FMCG could underperform.”
Brokerage firm Mehta Group expects some action by the Reserve Bank of India today to control rupee volatility, a move that will shape the market sentiment.
At 1.05 p.m., the 30-share BSE index Sensex was up 83.99 points (0.42 per cent) at 20,313.04 and the 50-share NSE index Nifty was up 27.9 points (0.47 per cent) at 6,026.95.
Among BSE sectoral indices, consumer durables, oil & gas, PSU and capital goods led the charge, while auto, metal and realty indices were trading in the red.
Consumer durables index was up 1.32 per cent, followed by oil & gas 1.02 per cent, PSU 0.65 per cent and capital goods 0.5 per cent. On the other hand, auto index was down 0.65 per cent, metal 0.53 per cent and realty 0.39 per cent.
ONGC, HDFC, Bharti Airtel, GAIL and Tata Steel were the top five Sensex gainers, while the top five losers were Hindalco, Tata Motors, SSLT, Bajaj Auto and Sun Pharma.
European indices, FTSE-100 was in the green while DAX and CAC-40 were in the red.
In the Asian trade, Japan's Nikkei was up 16.12 points or 0.1 per cent at 15,381.70, Hong Kong's Hang Seng rose 110.24 points or 0.47 per cent to 23,690.50 and Australia's S&P/ASX 200 climbed 47.59 points or 0.9 per cent to 5,335.91.
The Dow Jones industrial average closed above 16,000 for the first time as the US Labour Department reported that applications for unemployment benefits have come down significantly. The number of applications received was close to where it was before the Great Recession, it said.
On the other hand, producer prices came down for the second straight month in October, an indication that inflation continues to remain muted in the world's largest economy. All Asian equities were on firm ground.
In a research note released ahead of Indian markets opening, HDFC Securities said: “Indian market could open flat to marginally in the green and remain volatile in a range of plus/minus 25 points on Nifty throughout the session…Among the sectoral indices, banks & capital goods could see some value-buying. However, FMCG could underperform.”
Brokerage firm Mehta Group expects some action by the Reserve Bank of India today to control rupee volatility, a move that will shape the market sentiment.
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