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The BSE Sensex index traded 241.39 points, higher at 35,106, while the NSE Nifty50 gained 64 points, to 10,576-level during morning hours....

IndusInd bank, Ultratech, M&M, Bajaj Finserve have started trading with gains on the NSE while HCLTech, Bharti Infratel, Wipro were trading in loss.

All the sectoral indices on NSE, except Nifty IT Index, are trading in green. Nifty PSU bank index is in top with rising constituents including Central bank, Union bank and Canara bank, State bank of India rising upto 3.75 percent.

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05 Jan 2017 Thursday- Tata Motors jumped after strong JLR sales in Dec

Tata Motors picks up the pace 2.9% to Rs 500.5 on BSE after the company's British luxury unit Jaguar Land Rover (JLR) reported a 30% high in retail sales in US in December 2016. JLR, on 4th 2017, announced its US retail sales for the month of December 2016. The company’s US sales marked 30% high to 12,573 units in De 2016 over Dec 2015. Land Rover sales declined 2 percent to 8,279 units in December 2016 over December 2015. 

Meanwhile, the S&P BSE Sensex was up 210 points or 0.79 percent at 26,843 at 1.15 pm, today. On the BSE, 3.03 lakh shares have been traded so far as against the average daily volumes (ADV) of 5.40 lakh shares in the past one quarter. Sun Pharma gained 2 percent after the Company declared successful Phase 3 confirmatory clinical trial results for Seciera for the treatment of dry eye disease.  

In Global outlook, Asian stocks edged higher strengthened by a firm Wall Street. Further, MSCI's broadest index of Asia-Pacific stocks outside Japan gained 0.2 percent for the eighth consecutive session of profits. China's Shanghai Composite was higher 0.1 percent while Hong Kong's Hang Seng added 1.1 percent, and Japan's Nikkei bucked the trend to lose 0.3 percent.

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Gold prices grown higher, supported by Japanese inflation numbers and an deadlock over re-capitalisation of the Italian third largest bank. Nearly all Asian indices showed positive bias from US indices in low volume trade improved sentiment. 

Asia stocks recorded higher on Wednesday, while the dollar firmed against the yen following the release of upbeat US economic data overnight. 

Crude oil prices seized considerable gains on hope of supply tightening once oil-producing nations implement a scheduled output cut.