Accurate News Tips on Indian Nifty Market

The market has opened higher. The Sensex is up 71.07 points at 28876.17 and the Nifty is up 29.95 points at 8741.50. About 464 shares have advanced, 144 shares declined, and 136 shares are unchanged. SBI is up 2 percent while ICICI Bank, Hero, Dr Reddy's Labs, and Sun Pharma. BHEL is down 5 percent and Coal India, ONGC, Infosys and M&M are losers in the Sensex.

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Accurate News Tips on Indian Equity Market

The S&P BSE Sensex rose as much as 110 points in trade on Friday on positive macro economic data and global cues. The rally in the index was led by gains in ICICI Bank, Reliance Industries, Sun Pharma, SBI and L&T. 

Reviving hopes of manufacturing recovery, industrial production grew at five-month high of 3.8 per cent in November last year, but retail inflation inched up to 5 per cent in December. 

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Accurate News Tips on Indian Stock Market

Gitanjali Gems jumps 11.6 pct, Tribhovandas Bhimji Zaveri gains 1.2 pct while Titan Company is up 0.7 pct.Govt may lower taxes for sector in upcoming federal budget - traders.India's trade ministry seeks cut in gold import tax - Wall Street Journal report.

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Current Free Indian Stock Market Scenario

Sun Pharmaceutical Industries' shares may gain on unit Taro Pharmaceutical Industries earnings.Taro's margins increased by 70 bps to a record of 81.4 pct, beating estimates - Analysts.Taro says Q3 sales rose 11.3 percent to $237.7 million.Sun Pharma's Oct-Dec earnings will beat estimates on account of Taro's performance - traders.Sun Pharma to announce quarterly earnings on Saturday - BSE.

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