Friday 23 January 2015

Nifty above 8,800 levels

At 10:32AM, the S&P BSE Sensex is trading at 29,208 up 202 points, while NSE Nifty is trading at 8,810 up 48 points. 

The BSE Mid-cap Index and BSE Small-cap Index was trading up at 1%. 

Auto, Consumer Durables, Power, banking, capital goods, FMCG, Oil and gas, healthcare metal, realty indices are the gainers. 

HDFC, Tata Motors, Axis Bank, Sun Pharma, L&T, Bharti Airtel are among the gainers, whereas GAIL, ONGC are losing sheen on BSE. 

World markets are witnessing a good run. 

Dow Jones is up 1.48% while S&P 500 gained 1.53%. 

Nasdaq raced close to 2%. Asian markets are higher. 

Japan's Nikkei is up 1%, Hong Kong's Hang Seng has gained over a percent while China's Shanghai index is up around half a percent. 

Sebi said the requirement of mandatorily purchasing at least 25% shares of public shareholders would be relaxed subject to certain conditions HCL Tech expects a drastic change in its employee structure over the next couple of years as automation, artificial intelligence (AI) and other disruptive technologies increasingly make low-level engineers doing repetitive manual tasks redundant, says a report. 

Tata Motors launched the Bolt, a premium hatchback that the nation's largest automobile manufacturer by revenue hopes would play a key part in driving it back to the path of high growth. 

Finance Minister , Arun Jaitley said that it is expecting India's economic growth significantly better next year.Jaitley added that India's real economic growth potential is over 9%.

Finance Minister said that it is expecting India's economic growth significantly better next year.We hope to get GST Bill passed in next Parliament session, says FM.

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