Markets tommorow from Jayant Manglik, President, Retail Distribution, Religare Securities
Markets will react to the TCS's result in early trade on Friday as it will set the ground for another IT major Infosys' results. We're now just inches away from 10,000 mark in Nifty and the results of these two IT majors will be decisive. We reiterate our buy on dips view on markets and maintaining stock specific trading approach.
3:46 PM
Bank Nifty hit its fresh closing high of 23,888, up 0.8%.
3:45 PM
Nifty FMCG, Nifty Media, Nifty Financial Services and Nifty Metal were the leading sectoral gainers.
3:44 PM
Tata Consultancy Services closed flat at Rs 2,444 ahead of its June-quarter results later in the day.
3:42 PM
ONGC, Asian paints, Mahindra & Mahindra, Tata Motors and Coal India were the top five losers on Sensex and slipped in the range of 0.3% to 2%.
3:41 PM
ITC, Bharti Airtel, ICICI Bank, Larsen & Toubro and Sun Pharma were the top five gainers on Sensex and rallied in the range of 1% to 3%.
3:40 PM
The market breadth, indicating the overall health of the market, turned negative. On the BSE, 1,428 shares declined and 1,293 shares rose. A total of 164 shares were unchanged.
3:38 PM
Broader markets underperformed with the S&P BSE Midcap and the S&P BSE Smallcap indices gaining 0.4% each.
3:37 PM
The S&P BSE Sensex closed at 32,037, up 232 points, while the broader Nifty50 settled at 9,891, up 75 points.
3:30 PM
India's volatility index VIX was up over 2% to 11.32
3:15 PM
Indian Oil, Bharti Infratel and ONGC top losers on Nifty, shed up to 3%
3:11 PM
Nifty FMCG lead sectoral chart, up 1.7%. ITC, Marico and Godrej Consumer Products gain most.
3:09 PM
Oil prices continued to trade lower on worries about oversupply as the world's energy watchdog warned that a long-awaited market rebalancing could be delayed due to weak compliance with production cuts among OPEC members.
Brent crude fell 34 cents to $47.40 a barrel and US light crude was down 32 cents at $45.17.
3:06 PM
Asian markets closed over 1% higher, lifting MSCI's 47-country world index to its latest record high. South Korea and Australia's main indexes both climbed 1.1%, the former helped as its central bank kept interest rates at a record low. Hong Kong's Hang Seng index also gained over 1%, while China's Shanghai Composite settled 0.6% higher after China reported upbeat data on exports and imports for June. Japan's Nikkei was restrained by a firmer yen and ended flat.
2:57 PM
ITC (up 3%) continues to lead on Sensex; YES Bank (up 4%) top gainer on Nifty
With the June CPI at 1.54%, its slowest pace in more than five years building pressure on the central bank to cut interest rate in their next monetary policy review meet and US Fed Chair Janet Yellen's dovish comments on gradually raising interest rates, the benchmark indices continued their bull run in today's trade.
Investors, however, remain cautious ahead of June earnings result for TCS, kicking off the earnings season. Check out this space to find all market movements.
 "Markets at record highs for 4th straight session; Sensex ends above 32,000")
