At 11:18AM, the S&P BSE Sensex is trading at 29,661 up 92 points, while NSE Nifty is trading at 8,930 up 20 points.
The BSE Mid-cap Index and BSE Small-cap Index was trading up at 1%.
Consumer Durables, Teck, IT, healthcare, Realty, Power, FMCG, Oil and gas, banking,Auto indices are the gainers, while Metal, capital goods indices are the losers.
Ranbaxy, Asian Paints, Siemens, Bharat Forge, GMR Infra, Sun Pharma are among the gainers, whereas Tata Motors, Tata Steel, L&T, HDFC Bank, BHEL are losing sheen on BSE.
With the government confident of meeting fiscal targets and providing a new-look budget, any correction in the market could well be temporary unless global factors start to dominate.
With ECB and Greece behind us, the focus now will be on what the Federal Reserve has to say today. The surprise dip in consumer durables numbers spooked Wall Street and a selloff in Microsoft shares after disappointing results kept the sentiment low. Other corporate results also disappointed. Data showed US Business investment plans were also down in December.
A number of results are on tap and individual stocks will move accordingly. The Dow dropped 1.65% while the S&P 500 slipped 1.34%. The Nasdaq saw a fall of close to 2%. Asian markets are also mimicking the weakness. Japan's Nikkei 225 is down around 1.5% while Hong Kong's Hang Seng is marginally down. China's Shanghai index is trading flat for now.
State Bank of India said its committee of directors on capital has permitted it to raise up to Rs 15,000 crore in a share sale.
Cabinet is planning to discuss 5% stake sale proposal in BHEL this week, according to reports. Report said that Fin Min will decide on price, timing of BHEL stake sale.
SpiceJet, the airline that made flying more affordable for more Indians than ever before in 2014, today announced the launch of its first Super Sale Offer for 2015, with 5,00,000 seats for sale at all inclusive one way advance booking fares starting as low as Rs. 1,499 all-in.
This offer is open for bookings made from January 28 to January 30, and is for travel between February 15 and June 30, 2015, and is applicable on all direct flights on SpiceJet's domestic network. The offer available on first come first served basis, and seats per flight are limited.
The BSE Mid-cap Index and BSE Small-cap Index was trading up at 1%.
Consumer Durables, Teck, IT, healthcare, Realty, Power, FMCG, Oil and gas, banking,Auto indices are the gainers, while Metal, capital goods indices are the losers.
Ranbaxy, Asian Paints, Siemens, Bharat Forge, GMR Infra, Sun Pharma are among the gainers, whereas Tata Motors, Tata Steel, L&T, HDFC Bank, BHEL are losing sheen on BSE.
With the government confident of meeting fiscal targets and providing a new-look budget, any correction in the market could well be temporary unless global factors start to dominate.
With ECB and Greece behind us, the focus now will be on what the Federal Reserve has to say today. The surprise dip in consumer durables numbers spooked Wall Street and a selloff in Microsoft shares after disappointing results kept the sentiment low. Other corporate results also disappointed. Data showed US Business investment plans were also down in December.
A number of results are on tap and individual stocks will move accordingly. The Dow dropped 1.65% while the S&P 500 slipped 1.34%. The Nasdaq saw a fall of close to 2%. Asian markets are also mimicking the weakness. Japan's Nikkei 225 is down around 1.5% while Hong Kong's Hang Seng is marginally down. China's Shanghai index is trading flat for now.
State Bank of India said its committee of directors on capital has permitted it to raise up to Rs 15,000 crore in a share sale.
Cabinet is planning to discuss 5% stake sale proposal in BHEL this week, according to reports. Report said that Fin Min will decide on price, timing of BHEL stake sale.
SpiceJet, the airline that made flying more affordable for more Indians than ever before in 2014, today announced the launch of its first Super Sale Offer for 2015, with 5,00,000 seats for sale at all inclusive one way advance booking fares starting as low as Rs. 1,499 all-in.
This offer is open for bookings made from January 28 to January 30, and is for travel between February 15 and June 30, 2015, and is applicable on all direct flights on SpiceJet's domestic network. The offer available on first come first served basis, and seats per flight are limited.
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