The BSE Sensex and NSE Nifty opened on a flat note on Thursday. Sensex opened 43 points up at 27083.70. Nifty opened 4.45 points up at 8,175.45. (Photo: PTI)
10.15 am: The benchmark BSE Sensex fell over 93 points to slip below the 27,000-mark in early trade today as participants cut down bets in view of the October series expiry in the derivatives segment amid weak Asian cues. At 10.15 am, Sensex was down 44 points at 26,996.
9.40 am: Rupee and bonds weakened on Thursday after the US Federal Reserve signalled it may increase its policy rates at the next meeting in December, stoking fears of foreign fund outflows from domestic markets. The rupee depreciated by 27 paise to
65.20 against the dollar in early trade on Thursday. Sensex was d0wn 63 points at 26,976. Nifty was down 27.05 points at 8,144.
9.21 am: Share price of Raymond fell as much as 4.4 per cent in the early trade after the diversified group reported a massive fall of 86.14 per cent in its consolidated net profit at Rs 9.44 crore for the second quarter ended September 30, 2015 on account of under-performance of its engineering business. Sensex was down 39 points at 27,000.
Domestic equity markets opened on a flat note on Thursday. Sensex opened 43 points up at 27083.70. Nifty opened 4.45 points up at 8,175.45.
In the 30-share index, Cipla and Dr Reddy’s Lab were trading over 1 per cent up in the opening trade.
Bharat Electronics, Bharat Forge, Crompton Greaves, Dishman Pharmaceuticals, Dr Reddy’s Labs and Emami are some of companies which may announce their earnings on Thursday.
Benchmark indices extended losses for a third consecutive session on Wednesday. Sensex closed 213.68 points down at 27,039.76 while Nifty closed 61.70 points down at 8,171.
Global Markets
New York: US stocks ended sharply higher on Wednesday after a volatile session as the Federal Reserve gave a vote of confidence in the US economy by signaling a December interest rate hike was still on the table.
London: Britain’s top share index slipped on Monday as mining stocks suffered after China reported its economic growth had slowed, while drugmaker Shire dipped after US regulators withheld approval for a new drug.
Tokyo: Japan’s Nikkei share average was nearly flat in choppy trade on Thursday morning after stronger-than-expected industrial output data helped reduce expectations that the Bank of Japan will announce additional easing on Friday.
(With inputs from agencies)
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