You are using an older browser version. Please use a supported version for the best MSN experience.

Markets live: Sensex, Nifty trade higher, TCS shares rise ahead of Q4 results

LiveMint logoLiveMint 18-04-2017 Live Mint

Mumbai: BSE Sensex is currently trading higher by 174.95 points, or 0.59%, to 29,589.79, while the Nifty 50 is 46.80 points higher, or 0.51% , to 9,186.10. Here are the latest updates.

9.38am: Gruh Finance Ltd is up 7.1% to Rs396 after the company said its net profit rose 25.8% in the March quarter to Rs110.45 crore from Rs87.82 crore a year ago. Revenues rose 13.4% to Rs416.11 crore.

9.35am: Tata Consultancy Services Ltd rises 0.1% to Rs2,323.30 ahead of its March quarter earnings. According to 26 Bloomberg analyst estimates, the company may post a net profit of Rs6,654.60 crore, while net sales will be at Rs29,893.10 crore.

9.30am: Tata Steel Ltd rises 1.4% to Rs468.50 ahead of its board meeting on 20 April to consider fund raising.

9.25am: Metal stocks are trading higher. Hindalco Industries Ltd is up 3%, National Aluminium Co. Ltd 2.6%, Jindal Steel and Power Ltd 2.1%, Vedanta Ltd 1.7% and NMDC Ltd 1.6%.

9.15am: The rupee opened at 64.51 a dollar. At 9.15am, the home currency was trading at 64.55, down 0.05% from its Monday’s close of 64.41. Year to date, it gained 5.5%.

9.10am: The 10-year bond yield was trading at 6.86% compared to its previous close of 6.847%. Bond yields and prices move in opposite directions.

9.05am: The dollar index, which tracks the greenback against a basket of trade-weighted peers, rose 0.1% to 100.38. The dollar gained 0.2% to 109.15 yen in early trade on Tuesday. It hit its lowest level since 15 November on Monday. The euro was steady at $1.0639, retaining Monday’s 0.25% gain.

9am: Crude oil prices were mixed in thin trading on Tuesday after the Easter holiday break shut many markets for as long as four days and a US government report indicated rising production, which may keep a cap on prices after recent gains. Benchmark Brent crude futures were up 5 cents at $55.41 at 0058 GMT. They ended a quiet session on Monday down 53 cents at $55.36, after rising the three previous weeks. US West Texas Intermediate (WTI) crude futures were down 1 cent at $52.64 a barrel. They settled down 53 cents at $52.65 a barrel.

8.40am: Asian stocks pulled back in early trade on Tuesday. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.15% lower. Japan’s Nikkei jumped 0.8%, its biggest one-day gain in three weeks, thanks to a weaker yen. Australian shares slipped 0.8% on their first trading day this week. South Korea’s KOSPI climbed 0.1%.

8.30am: US stocks bounced back on Monday after the S&P 500 closed the previous session at a two-month low, in a broad rally led by recently beaten-down bank and technology shares. On Monday, the Dow Jones Industrial Average rose 183.67 points, or 0.9%, to 20,636.92, the S&P 500 gained 20.06 points, or 0.86%, to 2,349.01 and the Nasdaq Composite added 51.64 points, or 0.89%, to 5,856.79.

Reuters contributed to the story

More From LiveMint

image beaconimage beaconimage beacon