The BSE Mid-cap Index is trading down 0.87% at 10,938, whereas BSE Small-cap Index is trading down 0.76% at 11,214.
The BSE Mid-cap Index is trading down 0.87% at 10,938, whereas BSE Small-cap Index is trading down 0.76% at 11,214.
Some buying activity is seen in consumer durable, realty and power sectors, while banking, pharma, metal, auto and IT sectors are showing weakness on BSE.
NTPC, GAIL, BHEL, Tata Motors, Dr.Reddy's lab, Bajaj-Auto and Infosys are among the gainers, whereas Bharti Airtel, Sun Pharma, Tata Steel, Lupin, Axis Bank and ONGC are losing sheen on BSE.
Indian Rupee today opened lower by 12 paise at 65.60/$ in early trade on Thursday.On the global front, US dollar has strengthened against the basket of currencies, as markets are trying to reinforce the perception of US Federal Reserve hiking interest rates in December. In the latest, Fed chief Janet Yellen in her address to House Financial Services Committee conveyed that a rate hike in December is quite a possibility as US economy is performing well at the moment. Effectively, US dollar index has surged towards 98 levels, with Euro categorically losing ground against the greenback. Euro has now retreated to 1.08 levels. Market focus will now shift towards US employment report (scheduled on Friday) in order to gauge the prospects of a rate move in the world’s largest economy.
The currency touched a high and low of 65.84 and 65.92 respectively. The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 65.56 and for Euro stood at 71.79 on November 04, 2015. While, the RBI’s reference rate for the Yen stood at 54.17, the reference rate for the Great Britain Pound (GBP) stood at 101.1255.
Neyveli Lignite Ltd has jumped 4% at Rs. 83.90 on BSE. The company has posted a net profit at Rs. 343.4 crore for the quarter ended September 30, 2015 as compared to net profit of Rs. 259.4 crore for the quarter ended September 30, 2014. Total Income stood at Rs. 1715.9 crore for the quarter ended September 30, 2014.
Shares of Power Grid is trading higher 1% at Rs.132.30 on BSE today. Around 16.5 lakh shares were traded in a single block on the BSE. The company has reported its net profit at Rs. 1,448.04 crore for the quarter, registering increase of 20.54% yoy.
Shares of Larsen & Turbo is trading flat at Rs. 1,377 on BSE. The company has bagged an orders worth Rs. 2,048 crores across various business verticals in October 2015.
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