Market Live: Sensex breaks 33,000 amid caution ahead of Gujarat exit polls-Sai Proficient

Equity benchmarks extended losses in late morning deals as the Sensex was down 92.85 points at 32,960.19 amid caution ahead of exit polls of Gujarat assembly later today.

The 50-share NSE Nifty was down 29.90 points at 10,163.10.

About two shares declined for every share rising on the BSE.

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US Market Update-Sai Proficient

Wall Street stocks dropped on Thursday, weighed down by losses in Microsoft and other technology issues, as investors turned their attention to a US Senate Republican plan that would delay expected corporate tax cuts.

The Dow Jones Industrial Average lost 0.43 percent to end at 23,461.94, while the S&P 500 declined 0.38 percent to 2,584.62.

The Nasdaq Composite dropped 0.58 percent to 6,750.05.

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Market Live: Sensex, Nifty open higher, ONGC shares rise 3%-Sai Proficient

Mumbai: The BSE Sensex opened higher on Tuesday against the previous session’s closing. The broader NSE’s Nifty, too, rose in the morning hours. The Indian rupee strengthened marginally against the US dollar. The shares of ONGC, Hindustan Unilever, NTPC rose, whereas the shares of Hero M&M and Sun Pharma fell.

■ 9.25am: BSE Sensex opened higher by 54.57 points, or 0.17%, to 32,561.29, while the Nifty 50 gained 16.55 points, or 0.16%, to 10,201.40.

■ 9.23am: Havells India Ltd fell 2.7% to Rs527.30. The company reported a net profit of Rs171.02 crore for the quarter ended September against Rs145.79 crore a year ago. Net sales during the quarter stood at Rs1,777.36 crore against Rs1,559.33 crore in the year-ago period.

■ 9.20am: HDFC Bank Ltd rose 0.3% to Rs1,868.75 ahead of its September quarter earnings. According to 21 Bloomberg analyst estimates, the bank may report a net profit of Rs4,171.40 crore.

■ 9.17am: Infosys Ltd fell 0.2% to Rs938.50 ahead of its September quarter earnings. According to 25 Bloomberg analyst estimates, the company may post a net profit of Rs3,530.20 crore on revenue of Rs17,644.10 crore

■ 9.15am: The rupee opened at 64.97 a dollar. At 9.15am, the home currency was trading at 64.92 against the dollar, up 0.14% from its Monday’s close of 65.02.

■ 9.13am: The 10-year bond yield was at 6.791% compared to its previous close of 6.796%. Bond yields and prices move in opposite directions.

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Asian shares, US stock futures, dollar slip on rising Korean tensions- Sai Proficient

Asian shares and US stock futures slipped while US Treasuries, gold and the safe-haven yen rose in early Asian trading on Wednesday after tensions on the Korean peninsula escalated with Pyongyang’s warning that it is “carefully examining” plans for a missile strike on the US Pacific territory of Guam.

Just hours after US President Donald Trump told North Korea that any threat to the United States would be met with “fire and fury,” a spokesman for the Korean People’s Army said in a statement carried by the North’s state-run KCNA news agency that it was considering a strike aimed at US military bases on Guam.

MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2 percent in early trading, while Japan’s Nikkei was 1.2 percent lower as the stronger yen sapped investors’ appetite.

South Korean shares were down 0.9 percent and the won was 0.6 percent lower at 1,134.10 at 0048 gmt.

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Intraday Trading Strategy for Your Good Investment -Sai Proficient

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