The Sensex and Nifty rose higher in afternoon trade amid mixed Asian markets. All sectoral indices were trading in green led by auto and consumer durables good index each rising over 300 points. While the Sensex was trading 178 points higher at 32,775, Nifty was up 64 points at 10,108 level.
12:32 pm: IRB Infrastructure (3.29 percent), Jubilant FoodWorks (2.81 percent) and Prestige Estates (1.89 percent) are the top losers on the BSE.
12:26 pm: Market breadth is positive with 1,718 stocks advancing against 758 falling on the BSE. 125 stocks are unchanged.
12:24 pm: Tata Steel (2.37 percent), Maruti Suzuki (2.36 percent) and NTPC (2.20 percent) are the top gainers on Sensex.
10:48 am: Sensex up over 200 points at 32,805 level with all components in the green.
10:41 am: Nifty breaks above 10,100, trades half a percent up at 10,102 level.
10:18 am: L&T (1.55 percent), NTPC (1.48 percent) and Tata Steel (1.34 percent) are the top gainers on Sensex.
10:07 am: Petronet LNG gains nearly 4 percent to Rs 255 level.
10:00 am: Jet Airways, Shriram EPC, Precision Wires, Zicom, Venus Remedies, Indian Hume, Hotel Leela, Ginni Filaments, Asian Hotel and Cambridge Tech will announce its September quarter earnings today.
9: 45 am: IRB Infrastructure tanks over 5 percent in morning trade. CBI files a chargesheet against 16 people, including chairman and managing director of the firm in connection with an alleged land scam in Maharashtra, the Indian Express reported. IRB Infrastructure Developers Limited is a road build-operate-transfer (BOT) operator. The company's principal activity is the construction and maintenance of roads.
9: 30 am: Asian markets are trading on a mixed note with majors in green taking cues from overnight. European markets closed flat to negative led by auto and banking stocks. Pound will be in focus as investors are keeping a close watch on Brexit developments.
In US, markets closed on a mixed note with Nasdaq closing higher led by technology stock while energy stocks dragged as crude fell on rising inventories. Investors awaited further details on the new tax overhaul. Initial jobless claims today and change in non-farm payrolls data tomorrow.