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Markets live: Sensex rebounds; BHEL, HUL top gainers

  • 3.10 pm: The domestic bourses erased all their losses and moved up in late afternoon trade. The Sensex was trading up 43 points or 0.15 per cent at 28,429.13 while the NSE Nifty was up 19.85 points or 0.23 per cent at 8,495.60.
  • IT, Power indices were up over 1 per cent. TECk, Health care and Auto were the other sectoral gainers.
  • Consumer durables and capital goods continued to trade in the negative zone.
  • BHEL, HUL, Tata Power and Hindalco were the top Sensex gainers.
  • Global markets: Britain's top equity index edged lower in early trading on Thursday, with energy shares falling the most following a decline in crude oil prices to a four-year low. The UK Oil and Gas index fell 0.9 per cent, the worst sectoral performer, dragged down by a 1.0 to 1.8 per cent drop in shares of BG Group, Tullow Oil, Petrofac and Royal Dutch Shell.
  • Brent crude fell 1.8 per cent to $76.36 a barrel as it became increasingly unlikely that OPEC would cut output to support prices during a meeting in Austria on Thursday.
  • 2.10 pm: Trading was subdued in late afternoon trade. The Sensex was down 23.73 points or 0.08 per cent while the Nifty was down 1.05 points at 8,474.75.
  • Hindalco (+3.6 per cent) was the top gainer in the Sensex. M&M, BHEL, HUL and Infosys were also among the gainers.
  • Bharti Airtel, ITC, L&T, Tata Motors and SSLT were the top losers.
  • Consumer durables and capital goods lost the most among the sectoral indices. Realty, IT and Power were the top gainers.
  • European shares inched higher on Thursday, extending recent sharp gains, helped by growing expectations of further stimulus measures from the European Central Bank. At 0808 GMT, the FTSEurofirst 300 index of top European shares was up 0.2 per cent at 1,390.40 points. Auto and industrial chipmaker Infineon fell 1.7 per cent after posting results that missed analyst forecast.
  • 1.37 pm The domestic benchmark indices extended their losses in afternoon trade. The Sensex was down 61 points or 0.21 per cent at 28,325.18 while the NSE Nifty was down 12.05 points or 0.14 per cent.
  • Stocks of consumer durables and capital goods were the major losers. Power and IT were trading up by over 0.5 per cent.
  • Sensex gainers: Hindalco (+3.37%), HUL (+1.82%), M&M (+1.34%) and Infosys (+1.29%).
  • Sensex losers: ITC (-1.33 %), Axis Bank (--1.44 %) and Bharti Airtel (-1.81 %)
  • European stocks were set to inch higher on Thursday, adding to recent lofty gains, with Infineon in focus after posting a sharp rise in operating profit. The auto and industrial chipmaker said its fiscal fourth-quarter operating profit rose 27 per cent, boosted by increased demand from its industrial and security customers. However, the results were below analyst forecast.
  • 12.26 pmTrading on the Sensex and the Nifty continued to be sluggish. The Sensex was trading down 28.60 points or 0.10 per cent while the NSE Nifty was down 6.55 points at 8,469.
  • Sectoral indices: Health care, IT, TECk and Power moved up. FMCG, consumer durables, capital goods and banks were among the laggards.
  • Top 5 gainers: Hindalco (+3.34%), HUL (+1.79%), Infosys (+1.43%), M&M (+1.18%)
  • Top 5 losers: Bharti Airtel (-1.86%), ITC (-1.51%), SSLT (-1.29%), Tata Motors (-1.24%) and HDFC (-0.91%)
  • The Supreme Court today asked N Srinivasan to furnish details of shareholding of India Cements and composition of its Board members.
  • The rupee was down 2 paise at 61.87 against the dollar at 11.50 am.
  • Brokerage firms maintain ‘buy’ call on ITC stock
  • 11.45 amThe Sensex was down 25.93 points or 0.09 per cent at 28,360.26 while the NSE Nifty was down 4.45 points or 0.05 per cent at 8,471.30.
  • The CBI today filed the case diary and crime files in a sealed cover in a coal blocks allocation case related to Hindalco before a special court, complying with its order. The Hindalco stock was trading up 2.57 per cent at Rs 173.50 on the BSE.
  • 10.45 am: The Sensex was trading down 25.39 points or 0.09 per cent at 28,360.80 while the NSE Nifty was down 3.90 points at 8,471.85.
  • Stocks of auto, bankex, consumer durables, capital goods, realty and FMCG were in the red.
  • Health care and oil and gas sectors were up by up to 0.5 per cent.
  • ITC and Bharti Airtel were the big losers with losses of over 1.5 per cent.
  • Hindustan Unilever and Hindalco were among the gainers.
  • 9.55 am: The Sensex and the Nifty see-sawed between gains and losses. The Sensex is now up 2.18 points at 28,388.37 while the Nifty is down 4.05 points at 8,471.70.
  • Analysts expect trade to be volatile because of the expiry of November derivatives contracts today.
  • The market breadth indicating the overall health of the market is strong. Of the 1,864 scrips traded, 1,099 have advanced, while 707 declined and 58 are unchanged.
  • Top Sensex gainers: HUL (2.17%), Hindalco (1.12%), Infosys (0.99%)., Cipla (0.88%), and NTPC (0.78%).
  • Top Sensex losers: Bharti Airtel (-1.61%), ITC (-1.22%), SSLT (-0.89%), Bajaj Auto (-0.59%), and Tata Motors (-0.58%).
  • Foreign portfolio investors bought shares worth a net Rs 181.46 crore on Wednesday, as per provisional data.
  • Today's stock call: Berger Paints. Investors with a short-term perspective can consider buying the stock of Berger Paints at current levels.
  • 9.30 am: The BSE Sensex moved up 21 points or 0.07 per cent to 28,407.38 while the NSE Nifty was up 3.80 points at 8,479.55.
  • Trading was muted as investors turned cautious ahead of the expiry of derivates contracts today.
  • The rupee strengthened to 61.80 against the dollar in early trade today at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks amid sustained foreign capital inflows.
  • 9.15 am: The Sensex was up 2.51 points at 28,388.70 while the Nifty was up 4.40 points at 8,480.15.
  • Pre-open trade: The Indian benchmark indices are likely to be volatile as investors roll over positions on expiry of November contracts.
  • On Wednesday, the Nifty ended up 12.65 points or 0.1 per cent at 8,475.75 while the Sensex gained 48.14 points or 0.2 per cent to 28,386.19.
  • Oil stocks will be in focus ahead of an OPEC meeting later today to discuss the impact of the fall in crude oil prices.
  • Asian stocks hit a one-month high on Thursday as investors bet that more central bank stimulus in China and Europe would shore up the global economy, while oil prices tumbled to a four-year low as hopes for output cuts by OPEC faded.
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