Sensex, Nifty Updates: Benchmark Sensex and Nifty rose drastically higher at pre-open session of Wednesday, backed by strong global cues. SGX Nifty traded 90 points higher at 10,867 level, indicating a positive start in domestic grounds today. Globally indices turned green as investors turned optimistic over prospects of more government stimulus, eased lockdowns across the world. On Tuesday, Sensex ended 522 points higher at 33,825 and Nifty rose 152 points to 9,979. Companies set to announce their earnings are Aurobindo Pharma, DCM Shriram, BPCL, Cholamandalam Investment, MAS Financial Services, Duncan Engineering, DISA, Shriram Asset Management among others.
Here's a look at the updates of the market action on BSE and NSE today
9.10 AM: Pre-open today
Market has risen drastically higher at pre-open session of Wednesday, withSensex rising 359 points higher at 34,185 and Nifty climbing 129 points higher to 10,128.
9.02 AM: Stocks to watch today on May June 3
ICICI Bank, Aurobindo Pharma, BPCL, Lupin, Britannia, IndiGo, Motherson Sumi among others are the top stocks to watch out for in Wednesday's trading session
8.55 AM: Market Expectations
Benchmark Sensex and Nifty are likely to open on a positive note on Wednesday, backed by strong global cues. SGX Nifty traded 90 points higher at 10,867 level, indicating a positive start in domestic grounds today. Globally indices turned green as investors turned optimistic over prospects of more government stimulus, eased lockdowns across the world.
8.50 AM: PM Modi invited for G7 summit
US President Trump has extended an invitation to PM Modi to attend the next G7 summit
8.45 AM: Rupee closing
On the currency front, Rupee ended higher at 75.36 per US dollar as against the last closing value of 75.55 per dollar on Tuesday.
8.40 AM: Earnings today
Companies set to announce their earnings are Aurobindo Pharma, DCM Shriram, BPCL, Cholamandalam Investment, MAS Financial Services, Duncan Engineering, DISA, Shriram Asset Management among others
8.30 AM: Closing Bell
Sensex and Nifty closed higher on Tuesday, inline with strong global equities amid heavy buying in auto and banking stocks. Extending rise for the fifth straight session, Sensex ended 522 points higher at 33,825 and Nifty rose 152 points to 9,979.