The Intraday market has opened in green terrain. The Sensex
is up 33.74 points at 22499.93, and the Nifty is up 9.70 points at 6724.95.
Ranbaxy is down 3 percent as its deal with Sun Pharma is facing hurdles. Bharti
Airtel is up 2 percent on the back of March quarter earnings announced last
night after market hours. About 339 shares have advanced, 92 shares declined,
and 17 shares are unchanged.
The Indian rupee opened higher by 10 paise at
60.61 per dollar as against previous day's closing value of 60.71 a dollar.Index heavyweights Reliance Industries, HDFC and ITC
advanced 1-2 percent followed by Tata Motors and ONGC with 1.6 percent each.
Top lenders State Bank of India, ICICI Bank and HDFC Bank gained 0.6-1.3
percent.
Shares of Dr Reddy's Labs and GAIL topped the buying list, rising 2
percent and 2.8 percent, respectively. Gold is little changed today as
investors awaited cues from the US Federal Reserve's policy statement and key
economic data, even as political tensions in Ukraine provided some safe-haven
support.
Global Intraday markets, meanwhile, are mixed. The US markets ended higher with the Dow approaching a record high and European shares rallied supported by a surge in tech stocks. Asia is cautious in trade ahead of the FOMC and Bank of Japan's monetary decision.
Global Intraday markets, meanwhile, are mixed. The US markets ended higher with the Dow approaching a record high and European shares rallied supported by a surge in tech stocks. Asia is cautious in trade ahead of the FOMC and Bank of Japan's monetary decision.
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