 "Markets trade firm; US jobs data eyed")
Markets continued to trade firm in late morning trades after global central banks continued with their easy monetary policy.
European Central Bank President Mario Draghi pledged yesterday to keep interest rates at a record low for an “extended period’’.
Meanwhile the Bank of England also cautioned investors they were being too quick to bet on higher UK rates.
Caution, however, remained ahead of the US jobs data which may show employers added almost as many workers last month as in May and the jobless rate probably fell, according to Bloomberg survey.
Nikkei rose 1.4% to 14,194, Singapore Straits Times rose 0.6% to 3,165, China’s Shanghai Composite index was up 0.1% at 2,001 while Hong Kong’s Hang Seng gained 1.3% to 20,746 today.
Back home, FMCG, realty, capital goods, PSU, power index gained on the BSE.
The key gainers included counters such as RIL adding 2%, HUL rising 1.4%, Jindal Steel added 2%, ONGC rose1%, L&T gained 1.2% on the BSE.
The laggards included names like GAIL falling 1%, Coal India shed 1%, Bhati Airtel dropped 1% on the BSE.
The broader markets traded higher with mid-caps and small-caps gaining 0.7-0.8 per cent on the BSE.
The market breadth was positive. Out of 1,969 stocks traded so far, 1,183 stocks advanced while 665 declined on the BSE.
European Central Bank President Mario Draghi pledged yesterday to keep interest rates at a record low for an “extended period’’.
Meanwhile the Bank of England also cautioned investors they were being too quick to bet on higher UK rates.
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At 11:30AM, the 30-share Sensex rose 162 points at 19,574 and the 50-share Nifty gained 50 points at 5,887 levels.
Caution, however, remained ahead of the US jobs data which may show employers added almost as many workers last month as in May and the jobless rate probably fell, according to Bloomberg survey.
Nikkei rose 1.4% to 14,194, Singapore Straits Times rose 0.6% to 3,165, China’s Shanghai Composite index was up 0.1% at 2,001 while Hong Kong’s Hang Seng gained 1.3% to 20,746 today.
Back home, FMCG, realty, capital goods, PSU, power index gained on the BSE.
The key gainers included counters such as RIL adding 2%, HUL rising 1.4%, Jindal Steel added 2%, ONGC rose1%, L&T gained 1.2% on the BSE.
The laggards included names like GAIL falling 1%, Coal India shed 1%, Bhati Airtel dropped 1% on the BSE.
The broader markets traded higher with mid-caps and small-caps gaining 0.7-0.8 per cent on the BSE.
The market breadth was positive. Out of 1,969 stocks traded so far, 1,183 stocks advanced while 665 declined on the BSE.