F&O Expiry: Sensex rises 157 pts, Nifty settles at 10,780 led by RIL, TCS

Among the sectoral indices, the Nifty IT index rose 1.4 per cent led by Infosys and TCS. Nifty FMCG index, too, rose, 1.3 per cent led by Marico and ITC.

9:17 AM

Opening gainers on BSE Sensex

9:16 AM

Market at open

 

At 9:15 AM, the S&P BSE Sensex was trading at 35,959, up 309 points, while the broader Nifty50 was ruling at 10,816, up 86 points.

9:02 AM

Market at pre-open

Index	Current	Pt. Change	% Change
S&P BSE SENSEX	35,862.28	+212.34	+0.60
S&P BSE SENSEX 50	11,278.89	+56.52	+0.50
S&P BSE SENSEX Next 50	32,624.42	+114.45	+0.35
S&P BSE 100	11,068.59	+53.10	+0.48
S&P BSE Bharat 22 Index	3,477.52	+27.64	+0.80

9:01 AM

Rupee opening

 

Rupee opens at 70.20/$ vs its previous close of 70.06 against the US currency 

8:54 AM

Global factors biggest risk to Indian markets: Samir Arora, Helios Capital

 

The year 2018 turned out to be a volatile phase for the Indian markets that grappled with trade war fears, wild swings in oil prices and the outcome of various state elections, among other things. Singapore-based Samir Arora, founder and fund manager, Helios Capital, shares his views with Puneet Wadhwa on how the markets are likely to play out in 2019 and his sector preferences in this backdrop. Click here to read the full interview

Singapore-based Samir Arora, founder and fund manager of Helios Capital

8:49 AM

Sun Pharma, SBI Life, HUL and NTPC among top stocks to track today

 

Sun Pharma: DUSA Pharmaceuticals, an arm of of the Mumbai-based pharma major, has been granted preliminary injunctive relief by a federal district court prohibiting defendants Biofrontera Inc, Biofrontera Bioscience GmbH, Biofrontera Pharma GmbH, and Biofrontera AGf from using its confidential and proprietary trade secret information. Click here to read more

 

8:44 AM

Top trading ideas by Prabhudas Lilladher: BUY MARUTI

 

CMP: Rs 7,569

TARGET: Rs 8,100

STOP LOSS: 7,350

 

The stock has made a higher bottom formation pattern in the daily chart to take support at around 7400 levels and has indicated a positive candle to signify strength and has potential to rise further in the coming days. The chart looks attractive and is poised for an upmove with an improved bias and with consistent volume participation witnessed, we recommend a buy in this stock for an upside target of 8100 keeping a stop loss of 7350. Click here to read more

8:39 AM

Nifty outlook by Prabhudas Lilladher for today

The market has been in an extremely volatile move giving wild swings each day. The market, for now, holds the 10530 support, it continues to make the higher bottom for a continuation of the uptrend. The support for the day is seen at 35360/10650 levels while the resistance would be at 35920/10800 levels. Bank Nifty would have the range of 26680-27300. We anticipate some volatility in the market being the expiry of F&O Derivative segment.

8:33 AM

Rupee check

 

The rupee trimmed its early sharp gains to settle 8 paise higher at 70.06 against the US currency mainly due to dollar buying by importers in the last hour of trade. The dollar strengthened against major global currencies in a restricted trade which also weighed on the domestic currency.

8:29 AM

Oil check

 

US oil prices on Thursday extended their sharp climb from the session before amid rising stock markets, but worries over a glut in crude supply and concerns over a faltering global economy kept a lid on gains.

 

US West Texas Intermediate (WTI) crude futures were up 26 cents, or 0.56 per cent, at $46.48 per barrel. They jumped 8.7 per cent to $46.22 per barrel in the previous session. Brent crude oil futures had yet to trade. They rose 8 per cent to $54.47 a barrel the day before.

8:25 AM

SGX Nifty

 

The Nifty futures on the Singapore Exchange (SGX) were trading at 10,800.50, up 39 points or 0.4 per cent in the early trade.

8:21 AM

Asian markets check

 

Shares in Asia mostly gained on Thursday following an overnight surge in stocks on Wall Street, with all three major indexes stateside posting gains of more than 4.9 per cent. Japan’s Nikkei 225 surged 3.53 per cent in early trade while the Topix jumped 3.76 per cent as the two indexes climbed for the second-straight day after their Christmas Day tumble.

 

In Australia, the ASX 200 rose around 1.45 per cent in morning trade, with most sectors seeing gains.

 

8:17 AM

Wall Street check

 

The Dow Jones Industrial Average surged more than 1,000 points for the first time on Wednesday, leading a broad Wall Street rebound after a report that holiday sales were the strongest in years helped mollify concerns about the health of the economy.

 

The Dow Jones Industrial Average rose 1,086.25 points, or 4.98 per cent, to 22,878.45, the S&P 500 gained 116.6 points, or 4.96 per cent, to 2,467.7, and the Nasdaq Composite added 361.44 points, or 5.84 per cent, to 6,554.36.

8:13 AM

Good morning

Welcome to Business Standard's live blog. Catch all the live market action here.