9.41 am: Shares of Adani group gained in the early trade on Thursday on reports that Australia cleared way for Adani’s $7 billion coal and rail project. Adani Enterprises shares were up 11.26 per cent at Rs 94.40. Adani Power and Adani Ports were up 3.92 per cent and 1.79 per cent at Rs 29.15 and Rs 330, respectively. Sensex was up 147 points at 26,927. Nifty was up 43.70 points at 8,151.
9.22 am: Sensex was up 172 points at 26,952. In the 30-share index, Vedanta, Tata Motors, Hindalco were up over 1.5 per cent.
Domestic equity markets opened on a positive note on Thursday tracking firm Asian markets. Sensex opened 62.53 points up at 26842.19. Nifty opened 26.45 points up at 8,134.35. Hindalco was up over 3 per cent in the opening trade.
Results which are expected for on Thursday are DB Corp, Karur Vysya Bank, LIC Housing Finance,Mastek and MindTree etc.
Global Markets
New York: US stocks fell on Wednesday as Wal-Mart Stores Inc skidded after issuing a weak profit forecast and as JPMorgan Chase & Co slipped on disappointing results.
London: Britain’s top share index fell for a third straight session on Wednesday, pulled lower by stocks exposed to China after data there hinted that deflationary pressures were building.
Tokyo: Japanese stocks rose on Thursday morning after soft economic data and weakness on Wall Street bolstered views that the US Federal Reserve will keep putting off hiking interest rates and investors bought buy defensive shares.
(With inputs from agencies)
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