INSUBCONTINENT EXCLUSIVE:
over the slowing economy.
By 9.30 am, Sensex rose over 100 points to trade above 38,600 level
NSE barometer Nifty was quoting 38 points higher at 11,465
The BSE smallcap index outperformed the largecap peers y rising 0.6 per cent in early trade
Bajaj Consumer hit its 20 per cent upper circuit limit at Rs 234.65
Later, the scrip was trading at Rs 229, up14 pe cet
Bajaj Consumer Care promoter has sold nearly 22 per cent stake in the FMCG firm for Rs 628 crore through an open market transaction on
About 20 broking firms which cover the stock expect the stock to touch Rs 398 in a year.
BPCL was the biggest Nifty gainer so far, as the
scrip climbed 4.3 per cent after Saudi Aramco showed interest in investing in the company
The stock traded at Rs 511 on NSE.
Wipro, which beat Street expectations on Tuesday delivering 35 per cent growth in year-on-year profit,
rose 2.2 per cent to Rs 249.
India's September trade deficit narrowed to $10.86 billion from $14.95 billion a year ago, the trade ministry
said in a statement, helped by lower oil imports.
On the global front, the UK and the EU made headway on a Brexit deal ahead of a leaders'
summit though it remained unclear if London could avoid postponing its scheduled departure on October 31, as per Reuters report.
Asian
shares were trading higher while sterling came off five-month highs in volatile trade
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 per cent while Japan's Nikkei jumped 1.5 per cent, hitting 10-month