The BSE Sensex opened over 150 points higher on Thursday against the previous session’s closing. The broader NSE’s Nifty, too, rose in the morning hours. The Indian rupee opened marginally lower against the US dollar. The shares of Reliance Industries Ltd, Tata Motors and Larsen & Toubro rose, whereas the shares of Coal India and Adani Ports fell.
■ 9.26am: BSE Sensex opened higher by 132.36 points, or 0.40%, to 32,892.80, while the Nifty 50 rose 36.20 points, or 0.36%, to 10,154.25.
■ 9.23am: Anil Dhirubhai Ambani group companies falls further after Reliance Communications said it is not making any payment to lenders for time being. Reliance Communications fell 4%, Reliance Naval and Engineering 4.2%, Reliance Capital fell 1%, Reliance Power 1%, Reliance Infrastructure fell 0.5%.
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■ 9.20am: Religare Enterprises Ltd hits 10% upper circuit for second sessions. The company on Tuesday said that its board has named S. Lakshminarayanan as its new executive chairman.
■ 9.17am: Videocon Industries Ltd hits 5% upper circuit for third sessions. The stock gained nearly 16% in the last three sessions and so far this year it fell 85%.
■ 9.15am: The rupee opened at 65.26 a dollar. At 9.15am, the home currency was trading at 65.31 against the dollar, down 0.16% from its Wednesday’s close of 65.21.
■ 9.13am: The 10-year bond yield was at 7.010% compared to its previous close of 7.017%. Bond yields and prices move in opposite directions.
■ 9.10am: Asian currencies were trading mixed. China renminbi was down 0.18%, Malaysian ringgit 0.10%, Japanese yen and China offshore were down 0.08% each. However, South Korean won was up 0.63%, Taiwan dollar 0.11% and Philippines peso 0.05%. The dollar index, which measures the US currency’s strength against major currencies, was trading at 93.872, up 0.06% from its previous close of 93.813.
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