INSUBCONTINENT EXCLUSIVE:
BSE Sensex Today: The Sensex rose as much as 245.65 points to touch 40,297.52 on the upsideDomestic stock markets started Thursday's session
on a positive note amid mild gains in Asian peers
benchmark climbed to as high as 11,914.90, up 70.8 points from the previous close
Gains in banking and information technology stocks pushed the markets higher
Analysts expected some volatility ahead of the expiration of monthly derivatives (futures - options) contracts due at the end of the session
4.Sensex Less Than 15 Points Shy Of All-Time HighAt the day's strongest level, the S-P BSE Sensex index touched 40,297.52 - up 245.65 points
That brought the benchmark index within 15 points of an all-time high of 40,312.07 registered on June 4.At the intraday high, the broader
NSE Nifty index, however, was 188.15 points away from its all-time high of 12,103.05.Indian Oil Shares Rise 1% Ahead of Q2 Financial
ResultsIndian Oil shares rose as much as 1.05 per cent to Rs 148.65 apiece on the BSE, ahead of the earnings announcement by the country's
AT 10:29 am, IOC shares traded 0.44 per cent higher at Rs 147.75 apiece, underperforming the benchmark Sensex index which was up 0.57 per
Thirty five stocks on the Nifty 50 index moved in the positive territory, led by Zee Entertainment, SBI, Infosys and Grasim - up between
moved higher in the first hour of trade
IT+0.54%Nifty Metal+0.34%Nifty Pharma+0.33%Nifty Private Bank+0.32%Nifty Auto+0.26%Sensex Up 199 Points, Nifty At 11,906At 9:42 am, the
Top percentage gainers on the 50-scrip index at the time were Zee Entertainment, SBI, Infosys, Sun Pharma and Wipro, trading between 1.16
per cent and 3.21 per cent higher.Infosys, HDFC Bank, SBI and HDFC were the top contributors to the gain in Sensex, together accounting for
a rise of 156.83 points in the index.Sensex Opens 160 Points Higher At 40,212, Nifty Starts Day At 11,890The S-P BSE Sensex index opened
gainers on the 50-scrip index were Infosys, State Bank of India (SBI), Zee Entertainment, Grasim and Sun pharma, trading between 0.90 per
cent and 2.04 per cent higher, in the first few minutes of trade.Sensex Up Over 150 Points, Nifty Near 11,900 In Pre-Open MarketThe S-P BSE
Sensex index rose as much as 164.26 points - or 0.41 per cent - to touch 40,216.13 in the pre-opening session
At 9:09 am, the Sensex traded 160.12 points -or 0.40 per cent - higher at 40,211.99 while the Nifty was up 46.35 points - or 0.39 per cent -
Oil Corporation shares will be in focus during Thursday's session
The country's largest fuel retailer is due to report its earnings for the quarter ended September 30 during the day.For the first quarter of
current financial year, Indian Oil Corporation had reported a 47.36 per cent drop in net profit to Rs
3,596.11 crore over revenue of Rs 1,50,766.57 crore.SGX Nifty Futures Up 40 Points At 11,891At 8:50 am, the SGX Nifty futures were up 40.00
Central Banks Reluctant To Ease Monetary Policy AggressivelyOptimism that Washington and Beijing will sign a preliminary agreement to call a
truce to their 16-month trade war was also a factor behind the Fed's decision to signal that further rate cuts are on hold, highlighting the
importance of trade talks to global monetary policy.The US-China trade war and Britain's divorce from the European Union have increased
uncertainty, but central banks are somewhat reluctant to ease policy aggressively because interest rates are already very low in many major
reference in its statement to "act as appropriate" to sustain the economic expansion.Federal Reserve Chairman Jerome Powell signalled
additional rate cuts are unlikely because there are several areas of strength in the US economy.Asian Shares Register Mild Gains After US
Opening For Domestic MarketsDomestic stock markets are likely to open higher, with the Singapore Exchange (SGX) Nifty futures rising as much
the National Stock Exchange (NSE) Nifty index in India.
