INDIAN MARKET OUTLOOK BY MARKET EXPERT

• HCL Technologies reported a better than expected 18.7 percent jump in net profit for July-September quarter as compared to the previous quarter.
• The agreement, crafted by U.S. Senate leaders, has been approved by Congress, leaving President Barack Obama to sign the bill into law.
• Shares in Bajaj Auto, India's second-largest motorcycle maker by sales, rose 2 per cent in pre-open trading on Thursday after the company reported July-September profit that beat analyst estimates.
• The company said on Wednesday net profit rose by 13 per cent to Rs. 837 crore in the September quarter, as a weaker rupee boosted export earnings. The mean estimate of 11 analysts was 8.
• The BSE Sensex was up 0.2 per cent in pre-open trading. Markets were closed on Wednesday for a holiday.
• Asian shares rose Thursday after US lawmakers passed a last-minute bill to reopen the government and raise the country`s borrowing limit, avoiding a devastating default that threatened to spark another global recession. 

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