Apart from the global cues, the market will be keenly awaiting the outcome from today's US Federal Open Market Committee (FOMC) meet for further cues on the rate hike. Big ticket corporate earnings and derivatives expiry too are likely to dictate terms as the day progresses.
Following yesterday's massive 550-point fall, the market this morning has started with a tinge of green amid mixed global cues.
In Asia so far, China's Shanghai index is down a percent at 3,688, and the Nikkei has slipped 0.2 percent to 20,307. The Hang Seng, however, has jumped 1.6 percent to 24,748.
Apart from the global cues, the market will be keenly awaiting the outcome from today's US Federal Open Market Committee (FOMC) meet for further cues on the rate hike. Big ticket corporate earnings and derivatives expiry too are likely to dictate terms as the day progresses.
The BSE Sensex opened 70-odd points higher at 27,630, and has so far touched a high of 27,661. The BSE index is now down 12 points at 27,549.
The NSE Nifty is down mere two points to 8,359.
Zee Entertainment, Bharti Airtel and Tech Mahindra are the major gainers in the opening trades.
On the flip side, NMDC has slipped nearly 2 percent to Rs. 109. Punjab National Bank, Tata Motors, ONGC, Lupin, Hindalco and Grasim are the other prominent losers.
In Asia so far, China's Shanghai index is down a percent at 3,688, and the Nikkei has slipped 0.2 percent to 20,307. The Hang Seng, however, has jumped 1.6 percent to 24,748.
Apart from the global cues, the market will be keenly awaiting the outcome from today's US Federal Open Market Committee (FOMC) meet for further cues on the rate hike. Big ticket corporate earnings and derivatives expiry too are likely to dictate terms as the day progresses.
The BSE Sensex opened 70-odd points higher at 27,630, and has so far touched a high of 27,661. The BSE index is now down 12 points at 27,549.
The NSE Nifty is down mere two points to 8,359.
Zee Entertainment, Bharti Airtel and Tech Mahindra are the major gainers in the opening trades.
On the flip side, NMDC has slipped nearly 2 percent to Rs. 109. Punjab National Bank, Tata Motors, ONGC, Lupin, Hindalco and Grasim are the other prominent losers.
No comments:
Post a Comment