Sensex, on Thursday, closed 165 points up at 29,332. Among sectors Metal, Power and Oil & gas gained over 1.1% to 1.2% each. Among stocks GAIL, NTPC and Tata Motors gained over 2.1% to 2.6% each. Market breadth was positive with 1,709 advances against 1,107 declines.
Nifty closed 56 points up at 9086. Today, we expect markets to open on a positive note on the back of positive global cues.
US Markets closed on a flat note. Dow and Nasdaq closed flat. US markets, today, will see data releases on FOMC Member Evans Speaks, Core Durable Goods Orders m/m, Durable Goods Orders m/m, Flash Manufacturing PMI and Flash Services PMI.
Asian markets are trading on a positive note; Nikkei is trading 0.9% higher while Hang Seng is trading flat. SGX Nifty is trading flat at 9,100. Indian ADRs ended the day on a positive note. Among financial ADRs, ICICI Bank closed 1.7% higher, while HDFC Bank gained 0.4%. Among IT ADRs, Wipro gained 1.1% and Infosys gained 0.4%. Tata Motors ADR gained 0.5%.
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