Among the sectoral indices, metal index is under pressure with 1 percent cut, followed by auto, pharma and PSU Bank, while some buying is seen in the energy, infra, FMCG and IT

Mar 07, 10:24 AM (IST)
Just In| L&T has secured multiple orders for its Buildings & Factories, Metallurgical & Material Handling and GeoStructure Businesses. The orders are classified ‘Large’, i.e., they fall in the size bracket of Rs 2,500 to 5,000 crore.

Mar 07, 09:57 AM (IST)
HFCL bags order: Shares of HFCL added 3.3 percent in the early trade on Thursday after company bagged an purchase order worth Rs 117 crore from Tata Projects for supply of optical fibre cables for creating OFC network infrastructure under Bharat Net Phase-II Project in the state of Chhattisgarh.

Mar 07, 09:47 AM (IST)
Morgan Stanley on Indian markets: Market could start pricing in stronger poll outcome in coming weeks, while broader market will likely outperforming a rising Nifty.

Nifty could be looking to break its 10,500-11,000 range on the upside, it added.

It expect yield curve to steepen given likely fiscal slippage. The aggregate corporate balance sheet is improving.

It likes GARP stocks (growth at reasonable price) amongst banks, discretionary, consumption & industrials, it added.

Mar 07, 09:22 AM (IST)
Market Opens: It is a firm start for the Indian indices on Thursday with Nifty trading above 11,050 level.

The Sensex is up 45.83 points at 36681.93, while Nifty is up 4.40 points at 11057.40. About 557 shares have advanced, 285 shares declined, and 45 shares are unchanged.

IndusInd Bank, Power Grid, HPCL, IOC, BPCL, Tata Motors, Titan, Zee Ent, Gail, Bharti Airtel are some of the gainers in the early trading session, while losers include Biocon, Indiabulls Housing, Tata Steel, Vendata, JSW Steel.

Among the sectoral indices, metal index is under pressure with 1 percent cut, followed by auto, pharma and PSU Bank, while some buying is seen in the energy, infra, FMCG and IT.

Mar 07, 09:07 AM (IST)
Rupee Opens: The Indian rupee gained in the early trade on Thursday. It opened higher by 20 paise at 70.08 per dollar versus previous close 70.28.

Mar 07, 09:03 AM (IST)
Market at pre-open: Benchmark indices are flat in the pre-opening trading with Nifty above 11,050 level.

The Sensex is up 90.44 points at 36726.54, while Nifty is up 1.80 points or 0.02% at 11054.80.

Gainers are Bharti Airtel, Tata Motors, Titan, while HDFC slipped in the pre-opening trade.

source: moneycontrol.com