At 9:30 AM, the S&P BSE Sensex is trading at 28,549 up 26 points, while NSE Nifty is trading at 8,786 up 10 points. The BSE Mid-cap Index is trading up 0.30% at 13,160 whereas BSE Small-cap Index is trading up 0.53% at 12,864.
Adani Ports, Bharti Airtel, GAIL, Axis Bank, Sun Pharmaceuticals and Power Grid are among the gainers, whereas Hero MotoCorp, Maruti Suzuki, Bajaj Auto and ONGC are losing sheen on BSE.
Some buying activity is seen in telecom, realty, capital goods, consumer durables, utilities and pharma sectors, while auto sector is showing weakness on BSE.
On the global front, the US Federal Reserve and the Bank of Japan are both scheduled to deliver their latest monetary policy decisions on Wednesday.
The INDIA VIX is down 1.52% at 14.5550. Out of 1,836 stocks traded on the NSE, 454 declined, 940 advanced and 442 remained unchanged today.
A total of 30 stocks registered a fresh 52-week high in trades today, while 10 stocks touched a new 52-week low on the NSE.
The rupee opened higher two paise at 66.99/$ against US Dollar Wednesday as against the previous close of 67/$.
Asian markets got off to a tentative start. Shanghai Composite and Hang Seng are trading in red, while Nikkei 225 is marginally down.
Wall Street closed flat on Tuesday. The Dow Jones industrial average rose 9.79 points, or 0.05%, to 18,129.96, the S&P 500 gained 0.64 points, or 0.03%, to 2,139.76 and the Nasdaq Composite added 6.33 points, or 0.12%, to 5,241.35. Oil prices were up in early Asian trade with US crude oil futures up 2% to USD 44.85 per barrel.
In the cabinet meeting today, the government to consider the finance ministry's proposals to reform the entire budgetary process, including advancing the date of budget presentation, merging the Railway budget with general budget and dropping the plan and non-plan distinction.
Moody's Investors Service said the reforms undertaken by the government will help boost investor confidence and bolster growth potential, but cautioned muted private investment and banking sector risks will remain a constraint on India's sovereign rating.
The initial public offering (IPO) of ICICI Prudential Life Insurance Co. Ltd, excluding the anchor book, was subscribed 51.96% on Tuesday, the second of the three-day offering.
Adani Ports, Bharti Airtel, GAIL, Axis Bank, Sun Pharmaceuticals and Power Grid are among the gainers, whereas Hero MotoCorp, Maruti Suzuki, Bajaj Auto and ONGC are losing sheen on BSE.
Some buying activity is seen in telecom, realty, capital goods, consumer durables, utilities and pharma sectors, while auto sector is showing weakness on BSE.
On the global front, the US Federal Reserve and the Bank of Japan are both scheduled to deliver their latest monetary policy decisions on Wednesday.
The INDIA VIX is down 1.52% at 14.5550. Out of 1,836 stocks traded on the NSE, 454 declined, 940 advanced and 442 remained unchanged today.
A total of 30 stocks registered a fresh 52-week high in trades today, while 10 stocks touched a new 52-week low on the NSE.
The rupee opened higher two paise at 66.99/$ against US Dollar Wednesday as against the previous close of 67/$.
Asian markets got off to a tentative start. Shanghai Composite and Hang Seng are trading in red, while Nikkei 225 is marginally down.
Wall Street closed flat on Tuesday. The Dow Jones industrial average rose 9.79 points, or 0.05%, to 18,129.96, the S&P 500 gained 0.64 points, or 0.03%, to 2,139.76 and the Nasdaq Composite added 6.33 points, or 0.12%, to 5,241.35. Oil prices were up in early Asian trade with US crude oil futures up 2% to USD 44.85 per barrel.
In the cabinet meeting today, the government to consider the finance ministry's proposals to reform the entire budgetary process, including advancing the date of budget presentation, merging the Railway budget with general budget and dropping the plan and non-plan distinction.
Moody's Investors Service said the reforms undertaken by the government will help boost investor confidence and bolster growth potential, but cautioned muted private investment and banking sector risks will remain a constraint on India's sovereign rating.
The initial public offering (IPO) of ICICI Prudential Life Insurance Co. Ltd, excluding the anchor book, was subscribed 51.96% on Tuesday, the second of the three-day offering.
No comments:
Post a Comment