LIVE: Markets open with a positive bias; Sensex up by 80 points at 27547, Nifty gains 25 points
09.35 am: Sensex was trading over 70 points high at 27,526.58 while NSE nifty advanced by 22.75 points to trade at 8,519.80. Here is how the 30-share index is performing as of now:
OPENING BELL
BSE Sensex, NSE Nifty opened in green ahead of the US Presidential Elections. Sensex opened nearly 80 points up at 27,547.95 while Nifty was up by 25 points or 0.30% at 8,522.75
PRE-MARKETS
Ahead of US Presidential Elections, domestic equity markets are likely to open on a higher note on Tuesday tracking SGX Nifty and global cues. At 07.50 am, SGX Nifty was trading 29 points up at 8,538. Asian shares rose in early Asian trade on Tuesday ahead of the U.S. presidential election, with investor sentiment buoyed by improving prospects for Democrat Hillary Clinton to win. The Mexican peso, which has moved in opposite step to perceived chances of Republican Donald Trump winning the election, retained its strong gains from Monday, while the dollar also held steady.
On Monday, Sensex staged a strong comeback to end with a gain of nearly 185 points, reversing its five-session losing run and tracking rebound in global market after prospects of Hillary Clinton brightened in the US presidential race following an FBI reprieve.
Stocks in focus:
1. ICICI Bank: ICICI Bank on Monday reported 12.8 per cent dip in consolidated net profit to Rs 2,979 crore for the September quarter as its provisioning for bad loans shot up by 7-fold. The bank’s net profit in July-September quarter of the last fiscal was Rs 3,419 crore.
2. Britannia Industries: Britannia Industries today reported a 5.79 per cent increase in consolidated net profit at Rs 233.95 crore for the second quarter ended September 30, 2016. The company had posted a net profit of Rs 221.13 crore in July-September period a year-ago, Britannia Industries said in a BSE filing.
OPENING BELL
BSE Sensex, NSE Nifty opened in green ahead of the US Presidential Elections. Sensex opened nearly 80 points up at 27,547.95 while Nifty was up by 25 points or 0.30% at 8,522.75
PRE-MARKETS
Ahead of US Presidential Elections, domestic equity markets are likely to open on a higher note on Tuesday tracking SGX Nifty and global cues. At 07.50 am, SGX Nifty was trading 29 points up at 8,538. Asian shares rose in early Asian trade on Tuesday ahead of the U.S. presidential election, with investor sentiment buoyed by improving prospects for Democrat Hillary Clinton to win. The Mexican peso, which has moved in opposite step to perceived chances of Republican Donald Trump winning the election, retained its strong gains from Monday, while the dollar also held steady.
On Monday, Sensex staged a strong comeback to end with a gain of nearly 185 points, reversing its five-session losing run and tracking rebound in global market after prospects of Hillary Clinton brightened in the US presidential race following an FBI reprieve.
Stocks in focus:
1. ICICI Bank: ICICI Bank on Monday reported 12.8 per cent dip in consolidated net profit to Rs 2,979 crore for the September quarter as its provisioning for bad loans shot up by 7-fold. The bank’s net profit in July-September quarter of the last fiscal was Rs 3,419 crore.
2. Britannia Industries: Britannia Industries today reported a 5.79 per cent increase in consolidated net profit at Rs 233.95 crore for the second quarter ended September 30, 2016. The company had posted a net profit of Rs 221.13 crore in July-September period a year-ago, Britannia Industries said in a BSE filing.
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