At 12:39PM, the S&P BSE Sensex is trading at 26,990 up 280 points, while NSE Nifty is trading at 8,115 up 85 points.
The BSE Mid-cap Index and BSE Small-cap Index was trading up at 2%.
Auto, Consumer Durables, Power, banking, Capital goods, FMCG, Oil and gas Healthcare, Metal, Realty are the gainers.
GAIL, BHEL, Hindalco, Tata Power, ICICI Bank, RIL, Wipro are among the gainers, whereas HEROMOTOCO,HDFC, HUL, are losing sheen on BSE.
Russia's surprise interestrate increase failed to stop the plummeting rouble. Another tool available to repair economic havoc caused by sanctions and falling oil prices: selling gold, says a report. Russia holds about 1,169.5 metric tonnes of the precious metal, the central bank said last month. That's about 10 per centof its foreign reserves, according to the London-based World Gold Council.
Securities and Exchange Board of India is probing several small companies listed on stock exchanges for their alleged role in enabling conversion of unaccounted cash into legitimate money, report says.
Mahindra Partners is in talks to acquire online portal BabyOye, according to reports.
"Due diligence is on. Mahindra Partners is looking to buy Babyoye through its retail business Mahindra Retail," said one person directly involved in the deal. "There are significant synergies between Mom & Me and Babyoye. It will prove to be the online platform that Mom & Me has been l ..
Autoline Industries Ltd has announced that a meeting of the Board of Directors of the Company will be held on December 22, 2014, inter alia, to consider and note status of transaction related to stake sale in the Autoline Industries Inc. USA, a wholly owned subsidiary of the Company.The stock surgeed 13% at Rs73.
Shares of L&T surged 2% at Rs. 1,492 after company have entered into definitive investment agreement with Canada Pension Plan Investment Board.
Shares of NIIT Technologies was up 3.18% at Rs. 354 after the company has patner with Air Tahiti Nui
Shares of R P P Infra Projects Ltd has hit 5% upper circuit at Rs124 after the company has bagged new order worth Rs. 495.46 million from Tamilnadu Water Supply & Drainage Board for Providing Combined Water Supply Scheme to 158 Rural habitations in Gudimangalam and Udumalaipettai Unions in Tiruppur District, Tamilnadu.
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