Market Update
Benchmark indices remained strong in morning with the Sensex rising 219.91 points to 35,998.98 and the Nifty climbing 63.20 points to 10,800.80.
The market breadth also remained healthy for third straight session as more than three shares advanced for every share falling on the BSE.
Acquisition
Sonata Software North America, Inc. a wholly owned subsidiary of the company, has entered into a definitive agreement with Sopris Systems, LLC and its shareholders to acquire 100 percent stake in Sopris Systems, LLC, a Delaware Company.
Nifty Reclaims 10,800 Levels:
Benchmark indices rallied sharply in opening on Thursday, continuing uptrend for third straight session after retail inflation and IIP data.
The Sensex rose 233.07 points to 36,012.14 and the Nifty gained 68.30 points at 10,805.90.
SBI, Vedanta, JSW Steel, Indiabulls Housing Finance, Yes Bank, HUL, Maruti Suzuki, HPCL and Bajaj Finserv were early gainers.
UPl, Kotak Mahindra Bank, Tech Mahindra, Lupin, Sun Pharma and Cipla were under pressure.
Nifty Midcap gained 116 points and Nifty Bank rallied 176 points.
Bandhan Bank, Indian Bank, Bank of India, Edelweiss Financial, Corporation Bank, ICICI Prudential Life, AU Small Finance Bank, Jet Airways and InterGlobe Aviation, MTNL, SpiceJet and Titagarh Wagons were early gainers among broader space.
Rupee Opens: The Indian rupee opened higher by 30 paise at 71.71 per dollar on Thursday versus previous close 72.01.
Dec 13, 09:04 AM (IST)
Market at pre-open: Benchmark indices are trading higher in the pre-opening trade with Nifty is above 10,800 level.
At 09:01 hrs IST, the Sensex is up 227.26 points or 0.64% at 36006.33, and the Nifty up 77.10 points or 0.72% at 10814.70.
SBI, Yes Bank, RIL, Eicher Motors are trading higher in the pre-opening trade.
Crude Update: US oil prices edged up on Thursday, buoyed by a drawdown in inventories and by signs of easing trade tensions between Washington and Beijing.
Asian markets trade higher: Asian shares and the pound moved higher on Thursday as investors breathed a sigh of relief after British Prime Minister Theresa May survived a no-confidence vote, and as China appeared to be taking more steps to meet US demands to open its markets.
US markets end higher: US stocks closed up on Wednesday afternoon, though well below their session highs as investors pulled back in the last few minutes of trading despite optimism about US-China trade relations and some reassuring signs in British politics.
SGX Nifty: Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 51 points or 0.47 percent. Nifty futures were trading around 10,839.50-level on the Singaporean Exchange.
Good morning and welcome to the live coverage of all the action from D-Street. Stay tuned to this blog for all live updates from the market in India and around the world.
Market Tips, Intraday tips, share market tips, Mcx bullion tips, Mcx tips, Crude tips, Stock tips, Future and Cash tips with Technical & Fundamental Research.
Visit: www.ripplesadvisory.com
Contact us @ +91-9644405056
Source: Moneycontrol
No comments:
Post a Comment