At 2:41PM, the S&P BSE Sensex is trading at 27,435 up 354 points, while NSE Nifty is trading at 8,245 up 86 points.
The BSE Mid-cap Index and BSE Small-cap Index was trading up at 1%.
Auto, Consumer Durables, Power, banking, capital goods, Healthcare, Metal, Oil and gas indices are the gainers, while Realty and FMCG indices are the losers.
M&M, BHEL, Coal India, L&T, Reliance, Hero Motocorp, Wipro are among the gainers, whereas Bharti Airtel, ITC, HUL, Bajaj Auto are losing sheen on BSE.
IndiGo retained the top position among domestic airlines, increasing its market share to 33.5%, while SpiceJet’s share slipped to 14.9%, While Jet Airways’ share increases to 18.4% in November.
Reserve Bank of India has advised that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 100 per cent of the paid up capital of M/s Crompton Greaves Limited under the Portfolio Investment Scheme (PIS).Shares of Crompton Greaves was up 4% at Rs185.
Shares of SpiceJet Ltd surged 16% at Rs15 after reports stated that former promoter Ajay Singh and two 'blue-chip' investors are planning to invest in about Rs 1,200 crore to rescue the airline.
South Korea's Samsung Electronics Co Ltd reportedly said it is considering increasing its dividend payout for 2014 by between 30% and 50%.
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