MARKET WRAP: Sensex up 115 pts on positive global cues; auto stocks rally

All that happened in the markets today

8:20 AM

Donald Trump impeached by US House of Representatives for abuse of power

The US House of Representatives impeached President Donald Trump on charges of abuse of power and obstructing Congress, the culmination of an effort by Democrats that further inflamed partisan tensions in Washington and deepened the nation’s ideological divide.

 

The historic votes on Wednesday evening, which won the support of almost all Democrats in the House chamber but not a single Republican, leave Trump as only the third president in US history to be impeached -- and the only impeached president likely to win his party’s nomination for re-election. READ MORE

8:18 AM

NEWS ALERT | Donald Trump impeached; White House calls it 'one of the most shameful episodes'

8:16 AM

Today's picks: Asian Paints to Hindalco, hot stocks to watch on Thursday

Bank Nifty

 

Current: 32,240 (32,310)

 

Target: NA

 

Stop long positions at 31,125. Stop short positions at 32,475. Big moves could go till 32,650, 31,975. Trend could reverse upon profit booking. READ MORE

8:15 AM

Nifty view & top trading ideas by CapitalVia: Buy Pidilite Ind, Sun Pharma

Sit tight and Stay Cautious: Be Selective for coming trading sessions

 

Indian equity benchmarks marched towards new highs for the second consecutive trading session because of HDFC Bank Ltd. which crossed Rs 7 lakh crore in market capitalization. Nine out of 11 sectoral gauges compiled by NSE ended higher as on Wednesday closing.

 

In the coming trading session today, we are expecting positive movements in metal and IT stocks because of easing trade tensions between major global economies. The central GST collection fell short of the budget estimate by nearly 40 per cent during April-November period of FY20 which is denting the Government’s intentions for an expansionary fiscal policy to stimulate growth. The focus will be more on revenue realization, but the government may not prefer rate hikes to compensate for the revenue gap because it is going to further hurt the overall consumer sentiments. READ MORE

8:12 AM

Bulk deals on BSE as on Wednesday

Click here for complete list

8:11 AM

Bulk deals on NSE as on Wednesday

8:09 AM

FII/FPI & DII trading activity on NSE, BSE and MSEI

8:08 AM

Rupee Check

Source: Bloomberg

8:04 AM

Oil Check

At 8:03 am, Brent Crude Futures were at $65.23 per barrel-mark, up 0.12 per cent.

8:00 AM

SGX Nifty

At 8:00 AM, the Singaporean Exchange for Nifty Futures was at 12,235.00, down 20 points or 0.16 per cent.

7:58 AM

Asian Market Check

Source: Reuters

7:57 AM

US Market Check

Source: Reuters

7:52 AM

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