Crude Update: Oil prices dipped on Thursday, dragged down by China's weakening economy and record U.S. crude output, although markets remained relatively well supported by supply cuts led by producer club OPEC.
Market Opens: It is a strong start for the indices on Thursday with Nifty trading around 10,850 level.
At 09:18 hrs IST, the Sensex is up 139.66 points at 36045.09, while Nifty is up 40.90 points at 10847.60. About 525 shares have advanced, 138 shares declined, and 33 shares are unchanged.
Tata Metaliks, Future Retail, Yes Bank, Tata Motors, Coal India, Adani Ports, Quick Heal, Motherson Sumi, Balrampur Chini, Maruti Suzuki are among major gainers on the indices, while losers are ONGC, Wipro, Indiabulls Housing, Jet Airways, Odisha Cement, TCS and HCL Tech.
All the sectoral indices are trading in green led by PSU bank, auto, energy and FMCG.
Rupee Opens: The Indian rupee opened lower at 71.26 per dollar on Thursday versus Wednesday's close 71.22.
Market at pre-open: Benchmark indices are trading higher in the pre-opening session.
At 09:05 hrs IST, the Sensex is up 123.29 points or 0.34% at 36028.72, and the Nifty up 14.30 points or 0.13% at 10821.00.
Jet Airways fell 10 percent in the pre-opening session, while IGL, Tata Comm, DCB Bank, IndusInd Bank, Grasim , Page Industries and Zee Ent are some of the gainers.
Asian markets trade lower: Asian stocks slipped on Thursday after cautious comments from US Trade Representative Robert Lighthizer dented some of the recent optimism towards Sino-US trade relations, while the dollar held gains, supported by higher bond yields.
US markets end lower: The S&P 500 closed down slightly on Wednesday but well above its session low after testimonies to US Congress from trade and central bank officials as well as President Donald Trump's former lawyer brought few major surprises.
SGX Nifty: Trends on SGX Nifty indicate a flat start for the benchmark index in India, a gain of 16 points or 0.15 percent. Nifty futures were trading around 10,819.50-level on the Singaporean Exchange.
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