As the third quarter of the financial year opens up in a day,
there was bound to be some effect on the openings of the Index in BSE and NSE. The
third quarter GDP data will be released later today while RBI has a review of
the monetary policy tomorrow.
The 30-share S&P BSE Sensex is trading higher at 26,208.52 (
by 0.31%, or 80.32 points), while the NIFTY 50 of the National Stock Exchange
(NSE) is up 0.22%, or 17.50 points (moving to 7,960.20). Among the industry sector
indices on BSE, the Auto index is the top sectoral gainer, and is up 1.1%,
followed by other sectors like Industries, Utilities, Power and Capital Goods
indices which are up 0.9% each. The FMCG index in BSE is the top sectoral
loser, down 0.3%, followed by Telcom which is down 0.2%.
International trends showed the below
movements:
On Wall Street, the DOW moved a bit down 0.08% on Friday in a lower
operating time session just after the Thanksgiving holiday, while the S&P
500 showed an increase of 0.06% and the Nasdaq mobed up 0.22%.
Topix index of Japan went down 0.6%, while the Kospi index in
Seoul lowered 1.7%. Australia’s S&P/ASX 200 Index has gone down 0.6% after
falling 1% in the five days leading to 27 November.
The Shanghai Composite Index moved lower
1.6%, the Hang Seng Index fell 0.2%, while the Hang Seng China Enterprises
Index, a gauge indicator of mainland stocks listed in Hong Kong, lost 0.8%.
Taling about Oil prices, these went to
trade below $42 in Asia ahead of an OPEC meeting and the release of data on
China’s important manufacturing sector later in the week. US benchmark West
Texas Intermediate (WTI) for delivery in January is up 10 cents to $41.81 and
Brent crude for January is trading 5 cents lower at $44.81 a barrel.
In currency trade, the dollar eases to
122.73 yen in Tokyo from 122.85 yen in US trade, while the euro weakens to
$1.0584 and 129.90 yen from $1.0595 and 130.14 yen.
The yield on India’s 10-year benchmark bond
is trading at 7.759% compared with its Friday’s close of 7.767%.
The Indian rupee weakens to 66.84 per US
dollar, compared with its previous close of 66.76, in tandem with other Asian
peers as traders turned cautious ahead of a series of key events affecting
business and morale, both global and domestic.
Article reference: http://www.livemint.com/Money/yfpXGMn8Yo9JvvnAltVzTK/Live-Sensex-rises-80-points-ahead-of-GDP-data-today.html
