At 9:15 AM, the S&P BSE Sensex is trading at 25,322 up 168 points, while NSE Nifty is trading at 7,755 up 22 points.The BSE Mid-cap Index is trading up 0.06% at 10,972, whereas BSE Small-cap Index is trading down 0.19% at 10,920.
At 9:15 AM, the S&P BSE Sensex is trading at 25,322 up 168 points, while NSE Nifty is trading at 7,755 up 22 points.
The BSE Mid-cap Index is trading up 0.06% at 10,972, whereas BSE Small-cap Index is trading down 0.19% at 10,920.
The Indian rupee opened marginally higher by 2 paise at 66.52/$ against US Dollar on Monday as against the previous close of 66.54/$. On the global front, US economy added 160,000 jobs during April, much lower than the reading of 208,000 jobs during the prior month.
Global markets are mostly upbeat. The cheer seems to have come in after Less-than-expected payrolls data in the US toned down expectations of a Fed rate hike next month. Among Asian markets, Japan's Nikkei is up half a percent while South Korea's Kospi and China's Shanghai Composite are lower. On Friday the Dow gained 0.45% while S&P500 added 0.32%.
Saudi Arabia dismissed its long-serving Oil Minister Ali al-Naimi as part of a major government shake-up. Naimi held the post of Saudi Arabia's Oil Minister for more than two decades.
China's exports and imports fell more than expected in April, reflecting weak demand at home and abroad, and denting hopes of a recovery in the world's second-largest economy.
Textile-to-retail conglomerate Arvind is in advanced talks to acquire Sequoia Capital-funded ecommerce company Freecultr, according to reports.
China's crude oil imports topped 30 million tons (MT) for the third successive month in April, spurred by strong demand by local refineries that began to import foreign crude less than a year ago.
The BSE Mid-cap Index is trading up 0.06% at 10,972, whereas BSE Small-cap Index is trading down 0.19% at 10,920.
The Indian rupee opened marginally higher by 2 paise at 66.52/$ against US Dollar on Monday as against the previous close of 66.54/$. On the global front, US economy added 160,000 jobs during April, much lower than the reading of 208,000 jobs during the prior month.
Global markets are mostly upbeat. The cheer seems to have come in after Less-than-expected payrolls data in the US toned down expectations of a Fed rate hike next month. Among Asian markets, Japan's Nikkei is up half a percent while South Korea's Kospi and China's Shanghai Composite are lower. On Friday the Dow gained 0.45% while S&P500 added 0.32%.
Saudi Arabia dismissed its long-serving Oil Minister Ali al-Naimi as part of a major government shake-up. Naimi held the post of Saudi Arabia's Oil Minister for more than two decades.
China's exports and imports fell more than expected in April, reflecting weak demand at home and abroad, and denting hopes of a recovery in the world's second-largest economy.
Textile-to-retail conglomerate Arvind is in advanced talks to acquire Sequoia Capital-funded ecommerce company Freecultr, according to reports.
China's crude oil imports topped 30 million tons (MT) for the third successive month in April, spurred by strong demand by local refineries that began to import foreign crude less than a year ago.
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