9:20 a.m.: The markets opened on a positive note
tracking broad-based buying. The Sensex jumped over 100 points to move
above 28,300 and the Nifty was trading above its crucial psychological
level of 8,550, up 30 points.
Buying was visible across most of the sectors. Metal, oil & gas, banking, auto and IT indices were up 0.5-0.6 per cent each.
9:13 a.m.: Gaurav Bissa says large caps are not participating as the midcaps are and this is a worrying sign.
9:08 a.m.: The Sensex jumps 61 points to 28,260 and Nifty up 22 points at 8,546 in the pre-market session.
9:04 a.m.: Avinnash Gorakssakar of Precision Investment says markets will consolidate around current levels and there will be stock-specific action.
9:00 a.m.: Rupee opens lower at 63.51 per dollar against Wednesday's close of 63.41.
8:55 a.m.: Gaurav Bissa, derivatives analyst with LKP Securities says that markets likely to maintain uptrend as long as Nifty holds 8,500.
8:38 a.m.: CLSA has maintained its buy call on HCL Technologies for target price of Rs 1,150 per share. CLSA says that engineering is emerging as a new structural growth driver and company will evolve into a higher-quality business. CLSA expects 16 per cent CAGR over FY15-18 and is the best pick in IT sector.
8:25 a.m.: Shares of Mindtree, DB Corp, Cyient, Delta Corp and Mastek will be in limelight today as these companies will come out with results later in the day.
8:15 a.m.: Below are the stocks which will be in focus today:
Adani Ports: Adani Ports will be in focus today as the company received letter of award from the Kerala government. Letter of award is for developing Vizhinjam International Deepwater Project. Cost of project is Rs 4,100 crore and construction period is four years.
Thermax: Thermax has acquired 33 per cent stake in First Energy for Rs 20 crore. Thermax will acquire remaining stake in a phased manner. First Energy is into commercial and home cooking segments.
Take Solutions: Take Solutions has divested interest in US-based joint venture 'Applied Clinical Intelligence'.
Adani Power: Adani Power has bagged three power transmission projects worth Rs 3,666 crore. Projects will strengthen power evacuation in Chhattisgarh.
VA Tech Wabag: VA Tech Wabag bagged orders worth Rs 1,000 crore in April-June period.
8:00 a.m.: The foreign institutional investors (FIIs) purchased Indian shares worth Rs 407.6 crore while the domestic institutional investors (DII) sold shares worth Rs 50.38 crore.
Since June 2015, the FIIs have been net sellers of Indian equities as they have sold shares worth 1,826 crore and the DIIs purchased shares worth Rs 11,104 crore.
7:55 a.m.: The other Asian markets were trading mostly higher after the Greek parliament approved a bailout plan while the dollar stood tall after Federal Reserve Chair Janet Yellen reinforced expectations for a U.S. rate hike.
Hang Seng was down 0.2 per cent, Shanghai Composite was up 0.3 per cent, Japan's Nikkei rose 0.5 per cent and Taiwan Weighted was down 0.15 per cent.
Overnight, U.S. stocks edged lower on Wednesday following comments from Federal Reserve Chair Janet Yellen, as a decline in energy shares outweighed gains in the financial sector in the latter stages of trading.
The Dow Jones industrial average fell 3.41 points, or 0.02 per cent, to 18,050.17, the S&P 500 lost 1.55 points, or 0.07 per cent, to 2,107.4 and the Nasdaq Composite dropped 5.95 points, or 0.12 per cent, to 5,098.94.
7:50 a.m.: The Sensex and Nifty are likely to open on a flat note in trades today as indicated by the Nifty which is traded on the Singapore Stock Exchange. The SGX Nifty was up 0.07 per cent or 5 points at 8,552.
Meanwhile, Federal Reserve Chair Janet Yellen on Wednesday said the US central bank remains on track to raise interest rates this year, with labour markets expected to steadily improve and turmoil abroad unlikely to throw the US economy off track.
A rate hike in US would mean that money may move out of emerging market equities into the US bonds hence triggering a fear of selloff in emerging markets like India.
Buying was visible across most of the sectors. Metal, oil & gas, banking, auto and IT indices were up 0.5-0.6 per cent each.
9:13 a.m.: Gaurav Bissa says large caps are not participating as the midcaps are and this is a worrying sign.
9:08 a.m.: The Sensex jumps 61 points to 28,260 and Nifty up 22 points at 8,546 in the pre-market session.
9:04 a.m.: Avinnash Gorakssakar of Precision Investment says markets will consolidate around current levels and there will be stock-specific action.
9:00 a.m.: Rupee opens lower at 63.51 per dollar against Wednesday's close of 63.41.
8:55 a.m.: Gaurav Bissa, derivatives analyst with LKP Securities says that markets likely to maintain uptrend as long as Nifty holds 8,500.
8:38 a.m.: CLSA has maintained its buy call on HCL Technologies for target price of Rs 1,150 per share. CLSA says that engineering is emerging as a new structural growth driver and company will evolve into a higher-quality business. CLSA expects 16 per cent CAGR over FY15-18 and is the best pick in IT sector.
8:25 a.m.: Shares of Mindtree, DB Corp, Cyient, Delta Corp and Mastek will be in limelight today as these companies will come out with results later in the day.
8:15 a.m.: Below are the stocks which will be in focus today:
Adani Ports: Adani Ports will be in focus today as the company received letter of award from the Kerala government. Letter of award is for developing Vizhinjam International Deepwater Project. Cost of project is Rs 4,100 crore and construction period is four years.
Thermax: Thermax has acquired 33 per cent stake in First Energy for Rs 20 crore. Thermax will acquire remaining stake in a phased manner. First Energy is into commercial and home cooking segments.
Take Solutions: Take Solutions has divested interest in US-based joint venture 'Applied Clinical Intelligence'.
Adani Power: Adani Power has bagged three power transmission projects worth Rs 3,666 crore. Projects will strengthen power evacuation in Chhattisgarh.
VA Tech Wabag: VA Tech Wabag bagged orders worth Rs 1,000 crore in April-June period.
8:00 a.m.: The foreign institutional investors (FIIs) purchased Indian shares worth Rs 407.6 crore while the domestic institutional investors (DII) sold shares worth Rs 50.38 crore.
Since June 2015, the FIIs have been net sellers of Indian equities as they have sold shares worth 1,826 crore and the DIIs purchased shares worth Rs 11,104 crore.
7:55 a.m.: The other Asian markets were trading mostly higher after the Greek parliament approved a bailout plan while the dollar stood tall after Federal Reserve Chair Janet Yellen reinforced expectations for a U.S. rate hike.
Hang Seng was down 0.2 per cent, Shanghai Composite was up 0.3 per cent, Japan's Nikkei rose 0.5 per cent and Taiwan Weighted was down 0.15 per cent.
Overnight, U.S. stocks edged lower on Wednesday following comments from Federal Reserve Chair Janet Yellen, as a decline in energy shares outweighed gains in the financial sector in the latter stages of trading.
The Dow Jones industrial average fell 3.41 points, or 0.02 per cent, to 18,050.17, the S&P 500 lost 1.55 points, or 0.07 per cent, to 2,107.4 and the Nasdaq Composite dropped 5.95 points, or 0.12 per cent, to 5,098.94.
7:50 a.m.: The Sensex and Nifty are likely to open on a flat note in trades today as indicated by the Nifty which is traded on the Singapore Stock Exchange. The SGX Nifty was up 0.07 per cent or 5 points at 8,552.
Meanwhile, Federal Reserve Chair Janet Yellen on Wednesday said the US central bank remains on track to raise interest rates this year, with labour markets expected to steadily improve and turmoil abroad unlikely to throw the US economy off track.
A rate hike in US would mean that money may move out of emerging market equities into the US bonds hence triggering a fear of selloff in emerging markets like India.
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