The BSE Mid-cap Index is trading up 0.02% at 11,039, whereas BSE Small-cap Index is trading up 0.27% at 11,484. Some buying activity is seen in pharma, consumer durable, realty and consumer durables sectors, while banking, fmcg, IT and oil & gas sectors are showing weakness on BSE.
The BSE Mid-cap Index is trading up 0.02% at 11,039, whereas BSE Small-cap Index is trading up 0.27% at 11,484.
Some buying activity is seen in pharma, consumer durable, realty and consumer durables sectors, while banking, fmcg, IT and oil & gas sectors are showing weakness on BSE.
Indian Rupee today opened lower by 23 paise at 65.15/$ in early trade on Thursday.The dollar is standing strong against most other currencies. The currency touched a high and low of 65.02 and 65.08 respectively. On the global front, the Fed has kept interest rates unchanged. In the December meeting the Fed would “assess progress—both realized and expected—toward its objectives of maximum employment and 2 percent inflation.” The SGX Nifty is trading in the red and Asian shares moved lower. The F&O expiry will add the usual choppiness towards the end. Japan's industrial output rose 1.0 per cent in September from the previous month, which was better than expectations.
For the day, while US markets were upbeat, the Indian indices could see some subdued movement initially. The SGX Nifty is trading in the red and Asian shares moved lower. The F&O expiry will add the usual choppiness towards the end. Japan's industrial output rose 1.0 per cent in September from the previous month, which was better than expectations. The dollar is standing strong against most other currencies. Among the results to watch out for include Glenmark Pharmaceuticals, Yes Bank, Dr. Reddy's Laboratories, Nestle India and Colgate-Palmolive.
Finance Minister Arun Jaitley reportedly said the improvement in ranking does not fully reflect the reforms initiated and the position will improve further next year. India climbed 12 positions in the World Bank's rankings in terms of 'ease of doing business'. For the year 2016, India has been ranked 130th on a list of 189 countries, compared with a ranking of 142nd this year. The rise has been attributed to improvement in two areas - ease of starting a business and securing an electricity connection.
The much awaited Initial Public Offer (IPO) from India's most profitable airlines IndiGo got off to a flying start, with 87% subscription in the first day itself, while the second day has seen the IPO getting fully subscribed.
Finance Minister Arun Jaitley reportedly said the improvement in ranking does not fully reflect the reforms initiated and the position will improve further next year.
Reliance Industries has regained top slot among Indian energy companies on the Platts global list by surpassing Oil and Natural Gas Corp (ONGC) in the rankings for this year, says report.
FIPB approved 16 FDI Proposals worth Rs. 4,722 crore.
India climbed 12 positions in the World Bank's rankings in terms of 'ease of doing business'. For the year 2016, India has been ranked 130th on a list of 189 countries, compared with a ranking of 142nd this year. The rise has been attributed to improvement in two areas - ease of starting a business and securing an electricity connection.
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