The BSE Mid-cap Index is trading down 0.22% at 10,690, whereas BSE Small-cap Index is trading down 0.21% at 11,280.
At 9:28AM, the S&P BSE Sensex is trading at 27,754 down 104 points, while NSE Nifty is trading at 8,401 down 33 points.
The BSE Mid-cap Index is trading down 0.22% at 10,690, whereas BSE Small-cap Index is trading down 0.21% at 11,280.
Some buying activity is seen in healthcasre, consumer durable goods, consumer durables and IT sectors, while banking, fmcg and capital goods sector are showing weakness on BSE.
Tata Motors, BHEL, TCS, Sun Pharma and ONGC are among the gainers, whereas Hero MotoCorp, ITC, Tata Power, Wipro and HDFC are losing sheen on BSE.
Interest rate sensitives especially banking, auto and real estate will anxiously await the developments at the RBI. Reliance could add some gains after it sold its stake in a US shale oil and gas pipeline JV to Enterprise Products Partners for US$1.07bn.
The combined Index of Eight Core Industries stands at 162.4 in April, 2015, which was 0.4 % lower compared to the index of April, 2014. Its cumulative growth during April to March, 2014-15 was 3.6 %.
The headline HSBC India Purchasing Managers' Index (PMI), surged to 52.6 in May, from 51.3 in April, with levels of production and new orders rising at the fastest rates since January 2015.
Global indices are mostly higher. The Dow rose 0.16%, the S&P 500 gained 0.21%, and Nasdaq added 0.25%. Japan's Nikkei was higher while Hong Kong's Hang Seng index was lower. China's Shanghai index was marginally higher.
Reliance Industries Limited (RIL) has sold its entire 49.9% stake in a US shale oil and gas pipeline joint venture to New York-listed Enterprise Products Partners for USD 1.073 billion. Reliance Holding USA, Inc. (“Reliance”), a subsidiary of Reliance Industries Limited (“RIL”), announced the signing of definitive agreements for the sale of its entire holding of 49.9% interest in EFS Midstream LLC (“EFS”) to an affiliate of Enterprise Products Partners L.P. (“Enterprise”).
Sun Pharmaceutical fell after weaker-than-expected fourth quarter results and in the bargain Reliance Industries' Mukesh Ambani was once again the richest Indian.
The BSE Mid-cap Index is trading down 0.22% at 10,690, whereas BSE Small-cap Index is trading down 0.21% at 11,280.
Some buying activity is seen in healthcasre, consumer durable goods, consumer durables and IT sectors, while banking, fmcg and capital goods sector are showing weakness on BSE.
Tata Motors, BHEL, TCS, Sun Pharma and ONGC are among the gainers, whereas Hero MotoCorp, ITC, Tata Power, Wipro and HDFC are losing sheen on BSE.
Interest rate sensitives especially banking, auto and real estate will anxiously await the developments at the RBI. Reliance could add some gains after it sold its stake in a US shale oil and gas pipeline JV to Enterprise Products Partners for US$1.07bn.
The combined Index of Eight Core Industries stands at 162.4 in April, 2015, which was 0.4 % lower compared to the index of April, 2014. Its cumulative growth during April to March, 2014-15 was 3.6 %.
The headline HSBC India Purchasing Managers' Index (PMI), surged to 52.6 in May, from 51.3 in April, with levels of production and new orders rising at the fastest rates since January 2015.
Global indices are mostly higher. The Dow rose 0.16%, the S&P 500 gained 0.21%, and Nasdaq added 0.25%. Japan's Nikkei was higher while Hong Kong's Hang Seng index was lower. China's Shanghai index was marginally higher.
Reliance Industries Limited (RIL) has sold its entire 49.9% stake in a US shale oil and gas pipeline joint venture to New York-listed Enterprise Products Partners for USD 1.073 billion. Reliance Holding USA, Inc. (“Reliance”), a subsidiary of Reliance Industries Limited (“RIL”), announced the signing of definitive agreements for the sale of its entire holding of 49.9% interest in EFS Midstream LLC (“EFS”) to an affiliate of Enterprise Products Partners L.P. (“Enterprise”).
Sun Pharmaceutical fell after weaker-than-expected fourth quarter results and in the bargain Reliance Industries' Mukesh Ambani was once again the richest Indian.
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