Sensex, Nifty rise in opening trade, RIL shares jumps over 2%

The benchmark BSE Sensex and Nifty 50 rises in early trade, Tuesday, 25 April 2017. A win for the presidential candidate in the first round of French elections set off a relief rally worldwide.  

At 10:15 am, the BSE Sensex was trading at 29,807 up 152.11 points, while the broader Nifty50 was ruling at 9,261 up 43.45 points. In the broader market, BSE Mid-cap gained 0.81% while BSE Small-cap was up 0.65%. 

The shares of RIL and Biocon rise, while JK Tyre and Oberoi Realty fall in the morning hours. Reliance (RIL) gained nearly 2% after the company reported record annual earnings for the financial year 2016-17, riding high on refining and petrochemicals niche. 

The market is also looking out for a number companies which will report their earnings today, including Wipro Ltd,  IDFC Bank, Mahindra & Mahindra Financial,  ICICI Prudential Life Insurance, among others.

Sensex, Flat ahead of Fed Result, Nifty hits 9100, Stock Investment Advisory

Indian share markets have opened the trading day, Wednesday, on flat note ahead of outcome of the Federal Reserve policy meeting which concludes later in the day. At 10:15 am, the BSE Sensex was trading at 29,498, up 55.80 points, while the broader Nifty50 was ruling at 9,103,95, up 16.95 points. The BSE Mid Cap index opened flat while BSE Small Cap index both have opened the day up by 0.2%.

Asian stocks edged lower as investors took profits before a US central bank policy meeting that could hint how much monetary tightening to expect during the remaining of the year, with an immediate rate increase fully priced in by markets.

IT stocks TCS and Infosys were the top losers on both the indices, while Adani Ports, Reliance, Idea Cellular and Bank of Baroda were the top gainers on both the indices.