 "Market pares early gains; M&M, SBI flat ahead of Q3 nos")
After a firm opening key benchmarks erased all gains dragged down by HDFC, ICICI Bank and Coal India among other heavyweights.
The 30-share BSE Sensex is up 2 points higher at 20,196 levels and the 50-unit NSE Nifty was up 1 points at 6,002.
HDFC, ICICI Bank, L&T, HDFC Bank and BHEL are the top Sensex losers at this hour.
Auto major M&M is trading 0.7% higher at Rs 912.70 at BSE while the country's largest public lender SBI is down 0.2% at Rs 1,496.55. Both are set to announce their Q3 results today.
Markets opened higher tracking mixed global cues, after breaking its three-day winning streak yesterday.
The 30-share BSE Sensex opened 71 points higher at 20,264.09 levels and the 50-unit NSE Nifty was up 17 points at 6,018.
Infosys, Tata Motors, Bharti Airtel, TCS and Sun Pharma are the top Sensex gainers at this hour.
Auto major M&M is trading 0.7% higher at Rs 912.70 at BSE while the country's largest public lender SBI is down 0.2% at Rs 1,496.55. Both are set to announce their Q3 results today.
The broader markets are performing in-line with benchmarks. BSE Mid-cap and small-cap indices are trading 0.3-0.4% higher.
BSE IT, Healthcare, TECK, Auto and Realty are the top sectoral performers at this hour.
Further, the government will unveil data on inflation based on the wholesale price index (WPI) for January 2014 today.
On the global front, US stocks rose on Thursday, with the Nasdaq up for a sixth straight session, as investors looked past disappointing data on jobs and consumer spending, chalking the weakness up to weather instead of fundamentals.
The Dow Jones industrial average rose 63.32 points or 0.4%, to 16,027.26, the S&P 500 gained 10.51 points or 0.58%, to 1,829.77 and the Nasdaq Composite added 39.384 points or 0.94%, to 4,240.672.
Asian shares rose on the final trading day of the week as investors digested the latest batch of Chinese data for further trading cues.
Hang Seng rose 122.43 points at 22287.96. Straits Times was up 1.17 points at 3041.07. Japan's Nikkei was down 13.51 points at 14521.23.
The 30-share BSE Sensex is up 2 points higher at 20,196 levels and the 50-unit NSE Nifty was up 1 points at 6,002.
HDFC, ICICI Bank, L&T, HDFC Bank and BHEL are the top Sensex losers at this hour.
Auto major M&M is trading 0.7% higher at Rs 912.70 at BSE while the country's largest public lender SBI is down 0.2% at Rs 1,496.55. Both are set to announce their Q3 results today.
The rupee is trading at 62.30/31 versus its close of 62.42/43 on Thursday.
(Updated at 1000 hrs)
Markets opened higher tracking mixed global cues, after breaking its three-day winning streak yesterday.
The 30-share BSE Sensex opened 71 points higher at 20,264.09 levels and the 50-unit NSE Nifty was up 17 points at 6,018.
Infosys, Tata Motors, Bharti Airtel, TCS and Sun Pharma are the top Sensex gainers at this hour.
Auto major M&M is trading 0.7% higher at Rs 912.70 at BSE while the country's largest public lender SBI is down 0.2% at Rs 1,496.55. Both are set to announce their Q3 results today.
The broader markets are performing in-line with benchmarks. BSE Mid-cap and small-cap indices are trading 0.3-0.4% higher.
BSE IT, Healthcare, TECK, Auto and Realty are the top sectoral performers at this hour.
Further, the government will unveil data on inflation based on the wholesale price index (WPI) for January 2014 today.
On the global front, US stocks rose on Thursday, with the Nasdaq up for a sixth straight session, as investors looked past disappointing data on jobs and consumer spending, chalking the weakness up to weather instead of fundamentals.
The Dow Jones industrial average rose 63.32 points or 0.4%, to 16,027.26, the S&P 500 gained 10.51 points or 0.58%, to 1,829.77 and the Nasdaq Composite added 39.384 points or 0.94%, to 4,240.672.
Asian shares rose on the final trading day of the week as investors digested the latest batch of Chinese data for further trading cues.
Hang Seng rose 122.43 points at 22287.96. Straits Times was up 1.17 points at 3041.07. Japan's Nikkei was down 13.51 points at 14521.23.