Auto, Consumer Durables, Power, banking, FMCG, Oil and gas, healthcare metal, realty, capital goods indices are the gainers.
At 11:26AM, the S&P BSE Sensex is trading at 28,276 up 154 points, while NSE Nifty is trading at 8,558 up 45 points.
The BSE Mid-cap Index and BSE Small-cap Index was trading up at 1%.
Auto, Consumer Durables, Power, banking, FMCG, Oil and gas, healthcare metal, realty, capital goods indices are the gainers.
GAIL, BHEL, COALINDIA,SUNPHARMA,TATASTEEL, Reliance, Hindalco are among the gainers, whereas HDFC Bank, Infosys, Axis Bank, HUL are losing sheen on BSE.
The prime minister is at it again, this time with a vision of upgrading India from a $2 trillion economy to a $20 trillion one. Ministers too have been quick to jump ahead and outline their visions to ‘overhaul their respective ministries’ and undertake a ‘generational leap’ rather than bringing about mere ‘incremental changes.’
India's software companies such as Tata Consultancy Services (TCS), Infosys and Wipro may wrap up the year ending March with lower earnings than estimated by industry body Nasscom, according to reports.Report said that Nasscom is currently compiling its growth estimates of Indian IT in the fiscal year 2014-15.
The European Central Bank (ECB) meets on Thursday and could look at buying government bonds. Greece snap polls will be later this weekend. With the US consumer price index falling 0.4% in December, speculation continues on whether the Fed will hike interest rates sooner than expected.
Government is considering removing price controls on urea and scrapping an import duty of 5 per cent, according to reports.Report said that Modi's government is planning to decontrol maximum retail price (MRP) of urea which is currently fixed at Rs5,360 ($87) a tonne.
Chinese shares fell 3% after new home prices fell. Asian markets are mixed. Japan's Nikkei is higher while Hong Kong's Hang Seng index is lower.
Several firms, including triple-A rated securities such as National Housing Bank, Power Grid Corporation, Indian Railway Finance Corporation (IRFC), Power Finance Corporation, Rural Electrification Corporation, HDFC and a couple of banks, besides several smaller firms, are expected to hit the bond market soon to raise funds at cheaper rates, says a report.
The Indian stock market has the potential to help companies raise a whopping $ 150 billion (nearly Rs 10 lakh crore) annually to help meet the country's investment targets over the next 5-7 years, leading bourse BSE's chief Ashish Chauhan said.
The BSE Mid-cap Index and BSE Small-cap Index was trading up at 1%.
Auto, Consumer Durables, Power, banking, FMCG, Oil and gas, healthcare metal, realty, capital goods indices are the gainers.
GAIL, BHEL, COALINDIA,SUNPHARMA,TATASTEEL, Reliance, Hindalco are among the gainers, whereas HDFC Bank, Infosys, Axis Bank, HUL are losing sheen on BSE.
The prime minister is at it again, this time with a vision of upgrading India from a $2 trillion economy to a $20 trillion one. Ministers too have been quick to jump ahead and outline their visions to ‘overhaul their respective ministries’ and undertake a ‘generational leap’ rather than bringing about mere ‘incremental changes.’
India's software companies such as Tata Consultancy Services (TCS), Infosys and Wipro may wrap up the year ending March with lower earnings than estimated by industry body Nasscom, according to reports.Report said that Nasscom is currently compiling its growth estimates of Indian IT in the fiscal year 2014-15.
The European Central Bank (ECB) meets on Thursday and could look at buying government bonds. Greece snap polls will be later this weekend. With the US consumer price index falling 0.4% in December, speculation continues on whether the Fed will hike interest rates sooner than expected.
Government is considering removing price controls on urea and scrapping an import duty of 5 per cent, according to reports.Report said that Modi's government is planning to decontrol maximum retail price (MRP) of urea which is currently fixed at Rs5,360 ($87) a tonne.
Chinese shares fell 3% after new home prices fell. Asian markets are mixed. Japan's Nikkei is higher while Hong Kong's Hang Seng index is lower.
Several firms, including triple-A rated securities such as National Housing Bank, Power Grid Corporation, Indian Railway Finance Corporation (IRFC), Power Finance Corporation, Rural Electrification Corporation, HDFC and a couple of banks, besides several smaller firms, are expected to hit the bond market soon to raise funds at cheaper rates, says a report.
The Indian stock market has the potential to help companies raise a whopping $ 150 billion (nearly Rs 10 lakh crore) annually to help meet the country's investment targets over the next 5-7 years, leading bourse BSE's chief Ashish Chauhan said.
No comments:
Post a Comment