The Intraday market opens on a flat note but Nifty still
holds 7100. The Nifty is up 2.55 points at 7111.30. The Sensex is down 5.70
points at 23809.42. About 396 shares have advanced, 142 shares declined, and 35
shares are unchanged. Tata Steel is up over 1 percent post its March quarter
results.
The Indian rupee advanced in the early trade on Thursday. It has
opened with a gain of 18 paise at 59.48 per dollar as against previous day's
closing value of 59.66 a dollar.
Sun Pharmaceutical Industries said it was allowed to launch
a generic version of Novartis ' leukemia drug Gleevec in the United States on
Feb 1, 2016, under a settlement agreement between the two companies.
Tech Mahindra's consolidated net profit has declined 3.6 percent to Rs 614.2 crore for the quarter ended March 31, 2014, against a net profit of Rs 637.7 crore in the year-ago period.
In commodities, crude prices softened after trading near three-week highs yesterday, with both Brent and Nymex crude supported by a draw on stocks in the US and the deteriorating situation in Ukraine. From precious metals space, gold prices gained after the dollar and global equities came under pressure.
Tech Mahindra's consolidated net profit has declined 3.6 percent to Rs 614.2 crore for the quarter ended March 31, 2014, against a net profit of Rs 637.7 crore in the year-ago period.
In commodities, crude prices softened after trading near three-week highs yesterday, with both Brent and Nymex crude supported by a draw on stocks in the US and the deteriorating situation in Ukraine. From precious metals space, gold prices gained after the dollar and global equities came under pressure.
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