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The Indian Share market has opened higher. The Sensex is up 134.12 points or 0.5 percent at 27707.78 and the Nifty is up 39.30 points or 0.5 percent at 8367.85. About 714 shares have advanced, 115 shares declined, and 64 shares are unchanged. Vedanta, BHEL, ICICI Bank, Wipro and Infosys are top gainers in the Sensex. TCS is down 1 percent, ITC, Bharti Airtel, HUL and Lupin are among laggards in the Sensex.
The Indian rupee gained further in early trade. The currency has opened marginally higher by 7 paise at 63.32 per dollar against yesterday's close of 63.39 a dollar. The Indian stock market opened on a firm note this morning, tracking fairly positive global cues. The mood, however, is a bit cautious with investors looking ahead to the industrial production data for May, due later in the day.

Besides global factors, quarterly results from India will set the trend for the market over the next few weeks. Tata Consultancy Services has come out with fairly decent first quarter results and the reaction to the numbers has been somewhat mixed at present. Stocks opened on a firm note on the Indian bourses this morning, tracking positive global cues.

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The Stock market entered into a consolidation mode after pricing in China equity rout and Greece crisis. It is eagerly waiting April-June quarter earnings that will be kicked off by TCS today evening. The Sensex fell 32.07 points to 27655.65 and the Nifty declined 12.15 points to 8350.90. The market breadth remained strong as more than two shares advanced for every share declining on the Bombay Stock Exchange.
The equity market recovers quickly after a slow start. The Sensex is up 101.27 points at 27788.99, and the Nifty up 35.15 points or 0.4 percent at 8398.20. About 815 shares have advanced, 198 shares declined, and 71 shares are unchanged. Bharti Airtel, Sun Pharma, L&T, Coal India and Lupin are top gainers while Vedanta, Bajaj Auto, HDFC Bank, TCS and Tata Motors are down in the Sensex.
Tata Motors lost another 2 percent, in addition to 6 percent fall in previous session on fears of slowdown in China sales of its subsidiary Jaguar Land Rover. However, L&T, Bharti Airtel, Lupin, BHEL and Hero Motocorp gained 1-3 percent. The stock listed at Rs 300 on the National Stock Exchange against issue price of Rs 320 apiece. It touched an intraday high of Rs 318.45 and low of Rs 285.70. It lost as much as 10.7 percent intraday.
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After an initial bout of recovery, the Indian share market slipped away further with sharp losses. The Sensex is down 405.65 points or 1.4 percent at 27766.04, and the Nifty plunged 131.55 points or 1.6 percent at 8379.25. About 728 shares have advanced, 1449 shares declined, and 123 shares are unchanged. HUL and Wipro are in green in the Sensex.
Vedanta, Tata Motors and Hindalco are down 5-7 percent while Tata Steel and BHEL are other laggards in the Sensex. Gold prices slipped below Rs 26,000 mark by falling Rs 51 in futures trade on Wednesday after the precious metal plunged to over three-month lows in global market. Globally, gold was trading lower at USD 1,153.72 an ounce in Singapore today from USD 1,155.26 a day earlier.
Hindustan Unilever (HUL) bucked the trend, up 1.7 percent. ONGC, Wipro, Cipla and Hero Motocorp gained marginally. However, Tata Motors, Vedanta, Hindalco and Tata Steel topped the selling list, falling 3-5 percent. Gold prices slipped below Rs 26,000 mark by falling Rs 51 in futures trade today after the precious metal plunged to over three-month lows in global market.

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The Indian Equity market entered into consolidation mode after pricing in Greece crisis. The near term key trigger for the market would be April-June quarter earnings and monsoon. The Sensex rose 43.93 points to 28252.69 and the Nifty advanced 16.15 points to 8538.30. The broader markets outperformed benchmarks; the BSE Midcap and Smallcap indices gained 0.6 percent and 0.9 percent, respectively.
The Indian Share market breadth remained positive as about 1398 shares have advanced against 465 shares declined on the Bombay Stock Exchange. HDFC, Wipro and Coal India topped the buying list on Sensex, up 1-2 percent followed by ICICI Bank, Infosys, State Bank of India, Axis Bank and M&M with marginal gains.
However, Reliance Industries, HUL, Lupin, Tata Motors, ITC, NTPC and ONGC declined 0.2-1 percent. HDFC, Tata Steel Wipro, Cipla and Coal India are top gainers in the Sensex. Among the losers are Hindalco, Dr Reddy's Labs, Reliance, NTPC and ONGC. Asian Paints, BPCL are top Nifty gainers on weak crude prices. Gold currently trades around 1170 dollars an ounce.