The BSE Sensex and NSE Nifty opened flat on Tuesday tracking mixed Asian markets. Sensex opened 34.18 points up at 27,399.10. (Photo: PTI)
9.32 am: Hindustan Zinc shares were trading 1.39 per cent up at Rs 160.60. SKS Microfinance shares were up 2.64 per cent at Rs 460.80. Sensex was up 1.04 points at 27,365.96. Nifty was up 4.45 points at 8,270.60.
9.22 am: In the 50-share index, Ultratech Cements, Infosys, Lupin, Tata Power and TCS were up between 0.45 per cent and 1.45 per cent. On the other hand, Vedanta, ONGC, Bharti Airtel, ACC, ICICI Bank slid between 0.70 per cent and 1.30 per cent.
The BSE Sensex and NSE Nifty opened flat on Tuesday tracking mixed Asian markets. Sensex opened 34.18 points up at 27,399.10. Nifty opened 5.25 points up at 8,280.30.
Nestle India stocks will also be in focus after Karnataka and Gujarat lifted ban on manufacturing and sale of Nestle India’s popular instant food brand Maggi noodles.The share price of the company was up 2 per cent in the opening trade.
BPCL will also be in focus on Tuesday after Barclays cuts the oil marketing company’s stocks to “underweight’ from “overweight” citing re-rating may have gone too far. BPCL shares were up around 1 per cent in the opening trade.
Hero MotoCorp, ACC, Bajaj Finserv, Bajaj Finance, Biocon, Can Fin Homes, DHFL and Everest Industries are some of the companies which may announce their September quarter earnings on Tuesday.
Global Markets
New York: Advances in top tech and biotech names helped US stocks to end with slight gains on Monday, while caution at the start of a heavy week of earnings kept a lid on the market.
London: Britain’s top share index slipped on Monday as news of China’s slowing economy sapped mining stocks and drugmaker Shire dipped after US regulators withheld approval for a new drug.
Tokyo: Japanese stocks were higher on Tuesday morning led by the telecom sector but gains were capped as investors remained cautious before key events expected through this week until month-end.
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