Market Live: Sensex erases opening gains; higher crude oil drags HPCL, BPCL, IOC. The 7.17% 2028 10-year bond yield opened at 7.42 percent, higher by 4 basis points against previous close of 7.38 percent.
Market Live: Sensex erases opening gains; higher crude oil drags HPCL, BPCL, IOC
The 7.17% 2028 10-year bond yield opened at 7.42 percent, higher by 4 basis points against previous close of 7.38 percent.
The 7.17% 2028 10-year bond yield opened at 7.42 percent, higher by 4 basis points against previous close of 7.38 percent.
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Rupee Trade: The rupee depreciated 15 paise to 65.15 against the US dollar ahead of the release of US Fed meeting minutes scheduled later in the day.
However, weakness in the US dollar against select currencies overseas and a higher opening in domestic equities capped the losses.
However, weakness in the US dollar against select currencies overseas and a higher opening in domestic equities capped the losses.
Meanwhile, foreign portfolio investors (FPIs) sold equities worth Rs 684.99 crore yesterday, provisional data showed.
Yesterday, The rupee had ended higher by 3 paise at 64.99 against the American currency amid easing US-China trade war fears.
Sun Pharma, one of the country's largest drug makers, has received approval from the US Food and Drug Administration for Paliperidone tablets, which will be available in 1.5-9 mg strength.
Paliperidone is indicated for the treatment of Schizophrenia, amongst others.
Listing of Indian Equity Derivative Products: The Singapore Exchange on Wednesday said it would list Indian equity derivative products in June, nearly two months after India's three main bourses announced they would stop licensing their indexes to overseas exchanges.
The announcement comes after the Singapore bourse said it would launch successor products to its flagship Indian equity index derivatives before the bourse's license agreement with the National Stock Exchange of India (NSE) expires in August 2018.
In Wednesday's statement, the Singapore exchange said it is continuing to evaluate a joint trading and clearing model in Gujarat International Finance Tech city between the NSE and SGX, reports Reuters.
Yesterday, The rupee had ended higher by 3 paise at 64.99 against the American currency amid easing US-China trade war fears.
Sun Pharma, one of the country's largest drug makers, has received approval from the US Food and Drug Administration for Paliperidone tablets, which will be available in 1.5-9 mg strength.
Paliperidone is indicated for the treatment of Schizophrenia, amongst others.
Listing of Indian Equity Derivative Products: The Singapore Exchange on Wednesday said it would list Indian equity derivative products in June, nearly two months after India's three main bourses announced they would stop licensing their indexes to overseas exchanges.
The announcement comes after the Singapore bourse said it would launch successor products to its flagship Indian equity index derivatives before the bourse's license agreement with the National Stock Exchange of India (NSE) expires in August 2018.
In Wednesday's statement, the Singapore exchange said it is continuing to evaluate a joint trading and clearing model in Gujarat International Finance Tech city between the NSE and SGX, reports Reuters.
Benchmark indices erased all opening gains to trade mildly lower amid mixed Asian cues, as higher crude oil prices and bond yields hit investors sentiment.
The 30-share BSE Sensex was down 20.68 points at 33,859.57 and the 50-share NSE Nifty fell 9.20 points to 10,393.10.
About 617 shares advanced against 563 declining shares on the BSE.
State Buy: Tata Steel entered into definitive agreements to subscribe to additional equity shares in Subarnarekha Port Private Limited (SPPL) to acquire an aggregate of approximately 7 percent share capital of SPPL.
Market Check: Equity benchmarks extended gains in opening on Wednesday, following positive lead from Wall Street.
The 30-share BSE Sensex rose 90.78 points to 33,971.03 and the 50-share NSE Nifty gained 21.10 points at 10,423.40.
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The 30-share BSE Sensex was down 20.68 points at 33,859.57 and the 50-share NSE Nifty fell 9.20 points to 10,393.10.
About 617 shares advanced against 563 declining shares on the BSE.
State Buy: Tata Steel entered into definitive agreements to subscribe to additional equity shares in Subarnarekha Port Private Limited (SPPL) to acquire an aggregate of approximately 7 percent share capital of SPPL.
Market Check: Equity benchmarks extended gains in opening on Wednesday, following positive lead from Wall Street.
The 30-share BSE Sensex rose 90.78 points to 33,971.03 and the 50-share NSE Nifty gained 21.10 points at 10,423.40.
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ICICI Bank, SBI and HDFC Bank were early losers while ONGC, Hindalco, Nalco, Tata Steel, Infosys, L&T, Dr Reddy's Labs and Titan Company gained.
Mahanagar Gas lost nearly 4 percent after big block deals in opening.
Aban Offshore, Fortis Healthcare, Jaypee Infratech, AU Small Finance, Indiabulls Real, Phoenix Mills, Federal Mogul, Voltas, Blue Star, Amber, Jaiprakash Associates, Oil India and Nalco gained up to 4 percent.
Jet Airways and Andhra Bank are under pressure.
Mahanagar Gas lost nearly 4 percent after big block deals in opening.
Aban Offshore, Fortis Healthcare, Jaypee Infratech, AU Small Finance, Indiabulls Real, Phoenix Mills, Federal Mogul, Voltas, Blue Star, Amber, Jaiprakash Associates, Oil India and Nalco gained up to 4 percent.
Jet Airways and Andhra Bank are under pressure.
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