Mirroring Wall Street, key Indian indices Sensex and Nifty jumped by 253.69 points to 26408.52, and by 57.95 points to 8006.85, respectively. Infosys, Hindalco, Gail, Sun Pharma and SBI were early gainers clocking 1.4 percent to 2.3 percent gains.
Posts tagged MC
HCL Tech client woe a one-off; buy stock on dips: SocGen (01-10-2015)
Mukul Garg, IT analyst, Societe Generale says the revenue warning is a one-off client issue and investors should still buy the stock on dips today.
Expect market to open in green: Angel Broking (01-10-2015)
According to Angel Broking, markets are expected to open in green tracking the SGX Nifty and the Asian cues.
Tale of two China PMIs: Manufacturing still contracting (01-10-2015)
The government’s official gauge of factory activity improved with the manufacturing PMI rising to 49.8, up from August’s three-year low of 49.7 but still marking two straight months of decline.
Nifty can gain at opening bell: Maximus Securities (01-10-2015)
According to Maximus Securities, trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 78 points at the opening bell.
Rupee opens flat at 65.56 per dollar (01-10-2015)
On the back of custodial inflows, the USD-INR pair is expected to trade today in a range of 65.40-65.70/USD, says Mohan Shenoi of Kotak Mahindra Bank.
See gap up opening led by strong global cues: ICICIdirect (01-10-2015)
Nifty is likely to open gap up on the back of strong global cues. It is likely to trade in the range of 7910-8020, says ICICIdirect.
See base rate at 9.5%; Rs 1k cr profit this year: IDFC Bk (01-10-2015)
IDFC Bank will be offering 9.50 percent base rate to its customers, says Rajiv Lall, executive vice-chairman and MD of IDFC Bank. He also says the bank is on track to deliver at least a Rs 1,000 crore in profits this year.
IDFC Bank begins life: How Rajiv Lall plans to grow it (01-10-2015)
IDFC Bank will be offering 9.50 percent base rate to its customers, says Rajiv Lall, executive vice-chairman and MD of IDFC Bank. He also says the bank is on track to deliver at least a Rs 1,000 crore in profits this year.
September auto sales: Mixed bag? (01-10-2015)
Auto sales for month of September will be released today. Sonia Shenoy of CNBC-TV18 has more details on what to expect from the numbers.