Some buying activity is seen in telecom, metals, IT, capital goods and oil and gas sectors, while pharma and FMCG sectors are showing weakness on BSE. The INDIA VIX is up 0.02% at 16.8450. Out of 1,764 stocks traded on the NSE, 528 declined, 804 advanced and 432 remained unchanged today.
At 9:27 AM, the S&P BSE Sensex is trading at 24,769 up 91 points, while NSE Nifty is trading at 7,539 up 27 points.
The BSE Mid-cap Index is trading up 0.21% at 10,253, whereas BSE Small-cap Index is trading up 0.27% at 10,274.
TCS, BHEL, Bharti Airtel, Adani Ports, ICICI Bank, Wipro, ONGC and Tata Steel are among the gainers, whereas Lupin, Sun Pharma, HUL, Dr.Reddy's, Hero MotoCorp and Maruti Suzuki losing sheen on BSE.
Some buying activity is seen in telecom, metals, IT, capital goods and oil and gas sectors, while pharma and FMCG sectors are showing weakness on BSE.
The INDIA VIX is up 0.02% at 16.8450. Out of 1,764 stocks traded on the NSE, 528 declined, 804 advanced and 432 remained unchanged today.
A total of six stocks registered a fresh 52-week high in trades today, while nine stocks touched a new 52-week low on the NSE.
The Indian rupee opened 13 paise higher at 66.62/$ on Friday as against the previous close of 67.75/$. On Thursday, Indian rupee extended the upside against the greenback, helped by foreign capital inflows and ensuing firm tone in equity markets.
Healthcare Global IPO offer is scheduled to close today. Bharat Wire Ropes (BWR) one of the leading specialty wire ropes manufacturing company in India is set to go public with its issue to raise Rs 70 crore from market today.
The Finance Ministry and Reserve Bank officials will meet today to decide on the borrowing calendar of the government for April-September period of the next fiscal. In the Budget, the government has pegged gross market borrowing at Rs 6 lakh crore, up from Rs 5.8 lakh crore in the ongoing fiscal. Gross borrowing includes repayments of past loans and interests.
On the global front, US Fed conceded that global economic and financial developments continue to pose risks to the US economy and effectively downgraded its estimate of GDP growth in 2016 to 2.2% from 2.4%. PCE inflation is now expected to rise to 1.2% by year end, down from a prior projection of 1.6%. In China, capital outflows have moderated, owing to the relative stability in Yuan.
US stock indices advanced on Thursday, with the Dow Jones Industrial Average turning positive for the year 2016. The blue chip benchmark also notched gains for a fifth successive trading session. The Dow rose by 155.73 points, or 0.9%, to close at 17,481.49.
The S&P 500 index, which briefly turned positive for the year, closed 13.37 points, or 0.7%, higher at 2,040.59. The Nasdaq Composite index rose by 11.01 points, or 0.2%, to settle at 4,774.99.
Asian markets are mixed for now with Japan's Nikkei down 1.5%. China's CSI300 is up and so is Hong Kong's Hang Seng. South Korea's Kospi and Taiwan's TWSE are also in the green.
The drop in the US currency also sent the price of gold sharply higher. Gold futures gained 2.9% to finish at US$1,265. In the day's economic news, weekly jobless claims increased by 7,000 to 265,000.
A reading of manufacturing activity in the Philadelphia area unexpectedly turned positive in March, marking the first positive showing in seven months.
JSW Energy is planning to acquire a 1,000 MW Jindal Power plant for about Rs. 6,000 crore, according to reports.
ONGC Videsh is planning to raise $1 bn in April from the overseas market, according to reports, DLF announced that Board of Directors at its meeting held on March 17, 2016 has approved sale of 'DLF Place, Saket', a shopping mall, having built up area of 5.16 lac sq.ft. (approx.) along with land parcel on which the said mall is situated, to Nambi Buildwell Private Limited, a wholly-owned subsidiary of the Company on arm's length basis for an aggregate consideration of Rs. 904.50 crore.
ICICI Bank stated that the Bank is planning to raise funds through new non-convertible debts securities.
The BSE Mid-cap Index is trading up 0.21% at 10,253, whereas BSE Small-cap Index is trading up 0.27% at 10,274.
TCS, BHEL, Bharti Airtel, Adani Ports, ICICI Bank, Wipro, ONGC and Tata Steel are among the gainers, whereas Lupin, Sun Pharma, HUL, Dr.Reddy's, Hero MotoCorp and Maruti Suzuki losing sheen on BSE.
Some buying activity is seen in telecom, metals, IT, capital goods and oil and gas sectors, while pharma and FMCG sectors are showing weakness on BSE.
The INDIA VIX is up 0.02% at 16.8450. Out of 1,764 stocks traded on the NSE, 528 declined, 804 advanced and 432 remained unchanged today.
A total of six stocks registered a fresh 52-week high in trades today, while nine stocks touched a new 52-week low on the NSE.
The Indian rupee opened 13 paise higher at 66.62/$ on Friday as against the previous close of 67.75/$. On Thursday, Indian rupee extended the upside against the greenback, helped by foreign capital inflows and ensuing firm tone in equity markets.
Healthcare Global IPO offer is scheduled to close today. Bharat Wire Ropes (BWR) one of the leading specialty wire ropes manufacturing company in India is set to go public with its issue to raise Rs 70 crore from market today.
The Finance Ministry and Reserve Bank officials will meet today to decide on the borrowing calendar of the government for April-September period of the next fiscal. In the Budget, the government has pegged gross market borrowing at Rs 6 lakh crore, up from Rs 5.8 lakh crore in the ongoing fiscal. Gross borrowing includes repayments of past loans and interests.
On the global front, US Fed conceded that global economic and financial developments continue to pose risks to the US economy and effectively downgraded its estimate of GDP growth in 2016 to 2.2% from 2.4%. PCE inflation is now expected to rise to 1.2% by year end, down from a prior projection of 1.6%. In China, capital outflows have moderated, owing to the relative stability in Yuan.
US stock indices advanced on Thursday, with the Dow Jones Industrial Average turning positive for the year 2016. The blue chip benchmark also notched gains for a fifth successive trading session. The Dow rose by 155.73 points, or 0.9%, to close at 17,481.49.
The S&P 500 index, which briefly turned positive for the year, closed 13.37 points, or 0.7%, higher at 2,040.59. The Nasdaq Composite index rose by 11.01 points, or 0.2%, to settle at 4,774.99.
Asian markets are mixed for now with Japan's Nikkei down 1.5%. China's CSI300 is up and so is Hong Kong's Hang Seng. South Korea's Kospi and Taiwan's TWSE are also in the green.
The drop in the US currency also sent the price of gold sharply higher. Gold futures gained 2.9% to finish at US$1,265. In the day's economic news, weekly jobless claims increased by 7,000 to 265,000.
A reading of manufacturing activity in the Philadelphia area unexpectedly turned positive in March, marking the first positive showing in seven months.
JSW Energy is planning to acquire a 1,000 MW Jindal Power plant for about Rs. 6,000 crore, according to reports.
ONGC Videsh is planning to raise $1 bn in April from the overseas market, according to reports, DLF announced that Board of Directors at its meeting held on March 17, 2016 has approved sale of 'DLF Place, Saket', a shopping mall, having built up area of 5.16 lac sq.ft. (approx.) along with land parcel on which the said mall is situated, to Nambi Buildwell Private Limited, a wholly-owned subsidiary of the Company on arm's length basis for an aggregate consideration of Rs. 904.50 crore.
ICICI Bank stated that the Bank is planning to raise funds through new non-convertible debts securities.
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