Sensex rises nearly 100 points to 33,698, Nifty at 10,420 after Modi's saffron wave wins Gujarat, Himachal for BJP

The Sensex and Nifty were trading in green a day after the former swung over 1,000 points in early morning trade as BJP was seen getting a tough fight from Congress in the Gujarat electoral battle. The benchmark indices carried forward the gains they clocked yesterday after BJP defeated Congress in Himachal Pradesh and Gujarat assembly polls. While the Sensex rose 105 points higher to 33,707, the Nifty was up 30 points to 10,418 level. Here are the key highlights, which will affect the market today.

11:30 am: Home loan growth in April-October fell 32.7% yoy, one of the biggest declines in the last 5 years, data from the Centre for Monitoring Indian Economy showed. In the same period in 2016, home loan growth was down 4.27%, while in 2015, it was up 26.89%.

11:15 am: Domestic airlines will no longer charge a heavy cancellation fee of Rs 3,000. Instead of a flat amount, now, flyers have to pay "Rs 3,000 or base fare plus fuel surcharge per passenger, whichever is lower.

11: 00 am: India's sugar production rose 30% to 69.4 lakh tonne during the first two and half months of the current marketing year on higher cane output, according to industry body ISMA.

10:30 am: MCX crude oil trades 0.22 percent up at Rs 3,688 per barrel.

10: 07 am: Axis Bank completed largest fund infusion in the domestic banking sector through the private equity route, totaling Rs 11,626 crore, of which private equity major Bain Capital and a clutch of affiliated entities pumped in a whopping Rs 6,854 crore.

10:05 am: HDFC Bank has issued 3 lakh instant credit cards within a year of its launch.  Launched in January this year, InstaCard is delivered to customers within an hour of applying for a credit card

10: 00 am: As many as 350 infrastructure projects, each worth Rs 150 crore or above, may see a cost overrun of Rs 1.95 lakh crore because of various reasons including delays, according to a government report.

9:50 am: Top gainers on the Sensex are Tata Motors (1.73%), ONGC (1.29%) and Maruti Suzuki 1.26%.

9: 47 am: Rupee climbs to 64.16 per dollar in early trade.

9: 45 am: Market breadth is positive with 1,523 stocks rising against 412 falling on BSE.

9: 41 am: Mahindra and Mahindra hits a record high of Rs 1,552.85 on BSE in morning session.

9:40 am: Asian stocks advanced on Tuesday after a record-setting session on Wall Street on bets that US lawmakers would pass sweeping tax legislation, while the dollar treaded water as traders were circumspect about the bill's economic impact. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent

South Korea's KOSPI lost 0.2 percent and Japan's Nikkei trimmed earlier gains and was last 0.05 percent higher.

Wall Street hit record highs on Monday on growing optimism about lower corporate tax rates as the Republican tax bill moved closer to passage.

Global markets have been buffeted in recent weeks by shifting expectations about President Donald Trump's ability to push through his signature policy.