The BSE Sensex jumped over 150 points while Nifty rallied above its crucial psychological level of 8,650 on the back of gains in heavyweights such as ICICI Bank, Reliance Industries and TCS after US Fed minutes cooled rate hike views.
At 9:35 AM, the S&P BSE Sensex is trading at 28,133 up 128 points, while NSE Nifty is trading at 8,656 up 32 points.
The BSE Mid-cap Index is trading up 0.36% at 12,958 whereas BSE Small-cap Index is trading up 0.61% at 12,355.
Power Grid, Adani Ports, ICICI Bank, Hero MotoCorp and Axis Bank are among the gainers, whereas Coal India, GAIL, L&T, Wipro and Tata Steel are losing sheen on BSE.
Some buying activity is seen in power, banking, utilities, finance, basic materials and auto sectors, while metal and capital goods are showing weakness on BSE.
The INDIA VIX is down 1.37% at 14.5775. Out of 1,844 stocks traded on the NSE, 383 declined, 1,019 advanced and 383 remained unchanged today.
A total of 43 stocks registered a fresh 52-week high in trades today, while 12 stocks touched a new 52-week low on the NSE.
Asian markets are trading mixed on Thursday. In Japan, the Nikkei 225 is marginally down, while Hong Kong's Hang Seng and Shanghai Composite are trading higher.
Wall Street closed marginally higher after the minutes of the US Federal Reserve's July meeting have strengthened the view that the US central bank is increasingly embracing a lower-for-longer interest rate regime. The Dow Jones industrial average closed up 0.12% to 18,573.94, the S&P 500 had gained 0.19% to 2,182.22 and the Nasdaq Composite had added 0.03% to 5,228.66.
EPFO has asked its over 120 field offices across the country to ensure that all employers are depositing their PF contributions only through electronic mode by using the Internet banking.
Moody’s said that the steel demand in India will outpace the regional average while profitability of domestic steel companies will outperform regional peers on account of increase in domestic demand.
At 9:35 AM, the S&P BSE Sensex is trading at 28,133 up 128 points, while NSE Nifty is trading at 8,656 up 32 points.
The BSE Mid-cap Index is trading up 0.36% at 12,958 whereas BSE Small-cap Index is trading up 0.61% at 12,355.
Power Grid, Adani Ports, ICICI Bank, Hero MotoCorp and Axis Bank are among the gainers, whereas Coal India, GAIL, L&T, Wipro and Tata Steel are losing sheen on BSE.
Some buying activity is seen in power, banking, utilities, finance, basic materials and auto sectors, while metal and capital goods are showing weakness on BSE.
The INDIA VIX is down 1.37% at 14.5775. Out of 1,844 stocks traded on the NSE, 383 declined, 1,019 advanced and 383 remained unchanged today.
A total of 43 stocks registered a fresh 52-week high in trades today, while 12 stocks touched a new 52-week low on the NSE.
Asian markets are trading mixed on Thursday. In Japan, the Nikkei 225 is marginally down, while Hong Kong's Hang Seng and Shanghai Composite are trading higher.
Wall Street closed marginally higher after the minutes of the US Federal Reserve's July meeting have strengthened the view that the US central bank is increasingly embracing a lower-for-longer interest rate regime. The Dow Jones industrial average closed up 0.12% to 18,573.94, the S&P 500 had gained 0.19% to 2,182.22 and the Nasdaq Composite had added 0.03% to 5,228.66.
EPFO has asked its over 120 field offices across the country to ensure that all employers are depositing their PF contributions only through electronic mode by using the Internet banking.
Moody’s said that the steel demand in India will outpace the regional average while profitability of domestic steel companies will outperform regional peers on account of increase in domestic demand.
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