- The market has opened higher as the Sensex is up 58.13 points or 0.2 percent at 26227.54. The Nifty is up 12.90 points or 0.2 percent at 7967.80. About 819 shares have advanced, 179 shares declined, and 43 shares are unchanged.
- GAIL, Vedanta, Tata Steel, Bajaj Auto and Coal India are top gainers in the Sensex while Tata Motors, Axis Bank, Bharti Airtel, Hero and Infosys are among losers.
- The Indian rupee opened marginally lower at 66.52 per dollar against previous
closing 66.49.
Stocks in South Korea, Taiwan and India could bear the brunt of MSCI's decision to add 14 US -listed Chinese companies to its Emerging Markets index. - Stocks in South Korea, Taiwan and India could bear the brunt of MSCI's decision to add 14 US -listed Chinese companies to its Emerging Markets index.
- Asian stocks stuttered in early trade on Wednesday after downbeat US manufacturing data raised concerns about the health of the world's biggest economy, while the dollar retreated from 8-1/2-month highs.
- The Reserve Bank of India (RBI) kept its key lending rate unchanged on Tuesday, leaving the door open for more easing but making that dependent on meeting a challenging inflation target for 2017.
- RBI Governor Raghuram Rajan noted weak rural and global demand was holding back economic growth, while highlighting pockets of softness in sectors such as construction.
- India's manufacturing sector grew at its weakest pace in over two years in November as demand and output continued to soften, a business survey showed on Tuesday.
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Global manufacturing growth remained tepid in
November as new orders came in at a slower pace, surveys showed on Tuesday. Money
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