At 9:15 AM, the S&P BSE Sensex is trading at 25,403 up 134 points, while NSE Nifty is trading at 7,753 up 40 points.
At 9:15 AM, the S&P BSE Sensex is trading at 25,403 up 134 points, while NSE Nifty is trading at 7,753 up 40 points.
The Indian rupee opened at 66.30 against US Dollar. On Thursday, rupee maintained the firm tone, influenced by the resilient tone in equity markets and softening sovereign bond yields. The sentiment on the street remains underpinned by the hopes of a rate cut by the RBI during the monetary policy review.
Investors will watch out for the NIKKEI manufacturing PMI for March, by Markit Economics. March sales numbers will cause some swings on auto counters. The rupee movement too will be closely tracked ahead of RBI policy.
Infibeam Incorporation Limited is set to list today. A Public issue of equity shares of Face Value of Rs. 10 each for cash at a Price Band from Rs. 360 to Rs. 432 per Equity Share aggregating up to Rs. 4,500 million closed on March 23, 2016.
The CII annual session later in the day will see some viewpoints from Finance Minister Arun Jaitley and NITI Aayog Vice President Panagariya.
Asian markets are upbeat for now. Oil prices fell in early trade. Saudi Arabian officials said they would only freeze oil output if Iran and other major producers agree to the plan.
US stock indices advanced on Friday amid hope that a spate of economic data, including the March jobs report, would not force the Federal Reserve to accelerate the pace of interest-rate increases.
Sentiment on Wall Street improved after a report showed that economic activity in the US manufacturing sector expanded in March for the first time in six months. The Institute for Supply Management (ISM) said that its manufacturing index rose above 50, indicating that more companies are expanding activity instead of shrinking. Earlier, the Government said that 215,000 new jobs were created in March as against expectations of 203,000 non-farm payrolls.
Separately, a report showed that consumer confidence slipped for the fourth straight month in March owing to higher gas prices. Meanwhile, spending on construction declined in February.
The sectoral growth rate of agriculture in India may rise to six per cent in 2016-17, if the monsoon remains normal this year, Niti Aayog member, Prof. Ramesh Chand said at an ASSOCHAM event held in New Delhi today.
Prime Minister will be launching the “Stand up India scheme” and a Web portal for the scheme on 05th April, 2016 at Sector 62, NOIDA. It will be attended by Governor, UP, Union Finance Minister, Union Minister for Culture and Tourism and Union Minister of State for Finance among others.
Jindal Steel and Power is planning to repay mutual funds from whom the debt-laden company had borrowed, according to reports.
UK-based Indian steel tycoon Sanjeev Gupta is planning to acquire Tata Steel's plants at Port Talbot, says report.
Essar Oil UK has successfully completed the first phase of the turnaround of Royal Dutch Shell’s loss-making Stanlow Refinery in England, reports a business daily.
The sales turnover of Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets the Amul brand of milk and dairy products, surpassed INR 23,000-crore in 2015-16, reports a business daily.
At 9:15 AM, the S&P BSE Sensex is trading at 25,403 up 134 points, while NSE Nifty is trading at 7,753 up 40 points.
The Indian rupee opened at 66.30 against US Dollar. On Thursday, rupee maintained the firm tone, influenced by the resilient tone in equity markets and softening sovereign bond yields. The sentiment on the street remains underpinned by the hopes of a rate cut by the RBI during the monetary policy review.
Investors will watch out for the NIKKEI manufacturing PMI for March, by Markit Economics. March sales numbers will cause some swings on auto counters. The rupee movement too will be closely tracked ahead of RBI policy.
Infibeam Incorporation Limited is set to list today. A Public issue of equity shares of Face Value of Rs. 10 each for cash at a Price Band from Rs. 360 to Rs. 432 per Equity Share aggregating up to Rs. 4,500 million closed on March 23, 2016.
The CII annual session later in the day will see some viewpoints from Finance Minister Arun Jaitley and NITI Aayog Vice President Panagariya.
Asian markets are upbeat for now. Oil prices fell in early trade. Saudi Arabian officials said they would only freeze oil output if Iran and other major producers agree to the plan.
US stock indices advanced on Friday amid hope that a spate of economic data, including the March jobs report, would not force the Federal Reserve to accelerate the pace of interest-rate increases.
Sentiment on Wall Street improved after a report showed that economic activity in the US manufacturing sector expanded in March for the first time in six months. The Institute for Supply Management (ISM) said that its manufacturing index rose above 50, indicating that more companies are expanding activity instead of shrinking. Earlier, the Government said that 215,000 new jobs were created in March as against expectations of 203,000 non-farm payrolls.
Separately, a report showed that consumer confidence slipped for the fourth straight month in March owing to higher gas prices. Meanwhile, spending on construction declined in February.
The sectoral growth rate of agriculture in India may rise to six per cent in 2016-17, if the monsoon remains normal this year, Niti Aayog member, Prof. Ramesh Chand said at an ASSOCHAM event held in New Delhi today.
Prime Minister will be launching the “Stand up India scheme” and a Web portal for the scheme on 05th April, 2016 at Sector 62, NOIDA. It will be attended by Governor, UP, Union Finance Minister, Union Minister for Culture and Tourism and Union Minister of State for Finance among others.
Jindal Steel and Power is planning to repay mutual funds from whom the debt-laden company had borrowed, according to reports.
UK-based Indian steel tycoon Sanjeev Gupta is planning to acquire Tata Steel's plants at Port Talbot, says report.
Essar Oil UK has successfully completed the first phase of the turnaround of Royal Dutch Shell’s loss-making Stanlow Refinery in England, reports a business daily.
The sales turnover of Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets the Amul brand of milk and dairy products, surpassed INR 23,000-crore in 2015-16, reports a business daily.
No comments:
Post a Comment