9:20 a.m.: The markets opened higher in trades today. The Sensex jumped 118 points to 27,996 and the Nifty advanced 31 points to 8,508.
Buying was visible in most of the sectors. IT, metal, capital goods, auto and realty indices advanced 0.7-0.9 per cent each.
The broader markets were also witnessing buying interest. The BSE mid-cap and small-cap indices advanced 0.6 per cent each.
9:09 a.m.: Sensex jumps 71 points to 27,949 and Nifty advances 29 points to 8,506 in the pre-market session.
8:25 a.m.: Below are the stocks which will be in focus today:
Coal India: Coal India held an analysts meet at its headquarter in Kolkata. Coal India management appeared highly focused on achieving its 550 million tonnes volume target for FY16. Coal India has increased supply to non-core sectors under FSA from 60 per cent to 100 per cent from Q2FY16. Price for non-core is 35 per cent higher than power sector.
Mahindra & Mahindra: Auto major Mahindra & Mahindra has received shareholders' approval to raise up to Rs 5,000 crore through issuance of securities on private placement basis in domestic and/or international markets.
In a filing to the BSE, Mahindra & Mahindra (M&M) said its shareholders have approved resolutions, including raising up to Rs 5,000 crore, at its annual general meeting (AGM) held on August 7.
Gujarat Pipavav: Far East India Subcontinent 3 has planned to moved out of Pipavav Port to Mundra Port. Macquire says that worst-case earnings impact would be 9 per cent volume loss and its impact should be known over next 1-2 quarters.
Rubber, Coffee Stocks: Shares of coffee makers such as Tata Coffee, CCL Products etc and rubber companies like Apar Industries, Apcotex Industries etc. will be in focus today as reports suggest that the government is considering allowing foreign direct investment (FDI) in rubber and coffee plantation sectors with an aim to attract more FDI into the country.
Currently, 100 per cent foreign investment is permitted through the government approval route in the tea plantation sector. However, FDI is not allowed in any other plantation sector or activity.
8:15 a.m.: Foreign institutional investors bought shares worth Rs 142.3 crore on and the domestic institutional investors purchased shares worth Rs 183 crore on Monday.
In the F&O segment, the FIIs sold index futures worth Rs 600 crore and also sold stock futures worth Rs 40 crore.
8:05 a.m.: The Sensex and Nifty are likely to open higher as indicated by the Nifty futures traded on the Singapore Stock Exchange. Nifty futures traded on the Singapore Stock Exchange also known as the SGX Nifty was up 0.24 per cent or 20 points at 8,504.
Meanwhile, Asian markets were trading on a mixed note. Hong Kong's Hang Seng advanced 0.3 per cent and Taiwan Weighted added 0.03 per cent. While, Japan's Nikkei fell 0.2 per cent and China's Shanghai Composite index was down 0.8 per cent.
Overnight, US stocks rose on Monday after strong economic data boosted the housing sector and as investors bought recently battered shares in biotech and media.
Housing stocks rose after data showed U.S. homebuilder sentiment rose in August to its highest since a matching reading almost a decade ago.
The Dow Jones industrial average rose 67.78 points, or 0.39 per cent, to 17,545.18, the S&P 500 gained 10.9 points, or 0.52 per cent, to 2,102.44 and the Nasdaq Composite added 43.46 points, or 0.86 per cent, to 5,091.70.
Buying was visible in most of the sectors. IT, metal, capital goods, auto and realty indices advanced 0.7-0.9 per cent each.
The broader markets were also witnessing buying interest. The BSE mid-cap and small-cap indices advanced 0.6 per cent each.
9:09 a.m.: Sensex jumps 71 points to 27,949 and Nifty advances 29 points to 8,506 in the pre-market session.
8:25 a.m.: Below are the stocks which will be in focus today:
Coal India: Coal India held an analysts meet at its headquarter in Kolkata. Coal India management appeared highly focused on achieving its 550 million tonnes volume target for FY16. Coal India has increased supply to non-core sectors under FSA from 60 per cent to 100 per cent from Q2FY16. Price for non-core is 35 per cent higher than power sector.
Mahindra & Mahindra: Auto major Mahindra & Mahindra has received shareholders' approval to raise up to Rs 5,000 crore through issuance of securities on private placement basis in domestic and/or international markets.
In a filing to the BSE, Mahindra & Mahindra (M&M) said its shareholders have approved resolutions, including raising up to Rs 5,000 crore, at its annual general meeting (AGM) held on August 7.
Gujarat Pipavav: Far East India Subcontinent 3 has planned to moved out of Pipavav Port to Mundra Port. Macquire says that worst-case earnings impact would be 9 per cent volume loss and its impact should be known over next 1-2 quarters.
Rubber, Coffee Stocks: Shares of coffee makers such as Tata Coffee, CCL Products etc and rubber companies like Apar Industries, Apcotex Industries etc. will be in focus today as reports suggest that the government is considering allowing foreign direct investment (FDI) in rubber and coffee plantation sectors with an aim to attract more FDI into the country.
Currently, 100 per cent foreign investment is permitted through the government approval route in the tea plantation sector. However, FDI is not allowed in any other plantation sector or activity.
8:15 a.m.: Foreign institutional investors bought shares worth Rs 142.3 crore on and the domestic institutional investors purchased shares worth Rs 183 crore on Monday.
In the F&O segment, the FIIs sold index futures worth Rs 600 crore and also sold stock futures worth Rs 40 crore.
8:05 a.m.: The Sensex and Nifty are likely to open higher as indicated by the Nifty futures traded on the Singapore Stock Exchange. Nifty futures traded on the Singapore Stock Exchange also known as the SGX Nifty was up 0.24 per cent or 20 points at 8,504.
Meanwhile, Asian markets were trading on a mixed note. Hong Kong's Hang Seng advanced 0.3 per cent and Taiwan Weighted added 0.03 per cent. While, Japan's Nikkei fell 0.2 per cent and China's Shanghai Composite index was down 0.8 per cent.
Overnight, US stocks rose on Monday after strong economic data boosted the housing sector and as investors bought recently battered shares in biotech and media.
Housing stocks rose after data showed U.S. homebuilder sentiment rose in August to its highest since a matching reading almost a decade ago.
The Dow Jones industrial average rose 67.78 points, or 0.39 per cent, to 17,545.18, the S&P 500 gained 10.9 points, or 0.52 per cent, to 2,102.44 and the Nasdaq Composite added 43.46 points, or 0.86 per cent, to 5,091.70.
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