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#MarketsWithMC: Opening Bell 🔔Indices open higher, Nifty around 11,850; HDFC Bank in focus. #Stocks #StockMarket #StocksToWatch | LIVE: https://t.co/HYHW74TbAk pic.twitter.com/NaSrRovxa4— moneycontrol (@moneycontrolcom) October 19, 2020
Except TCS, all other stocks on BSE Sensex trading in the green:
Market Opens: Indian indices opened strong on October 19 with Nifty around 11850 level.
At 09:16 IST, the Sensex was up 319.59 points or 0.80% at 40302.57, and the Nifty was up 86.40 points or 0.73% at 11848.90. About 739 shares have advanced, 212 shares declined, and 67 shares are unchanged.
Indian markets are likely to open with a positive bias tracking strong global cues amid US stimulus hopes and better-than-expected initial quarterly results. However, global news flows and sector specific developments will be key monitorables.
Market at pre-open: Benchmark indices are trading higher in the pre-opening session with Nifty above 11850.
At 09:02 IST, the Sensex was up 340.94 points or 0.85% at 40323.92, and the Nifty was up 102.40 points or 0.87% at 11864.90.
FII Trading Activity:
DII Trading Activity:
Due to ongoing pressure in risk assets, the dollar index has started gaining strength once again. A move above 94.20 may open the gates for further upsides towards 95 levels that might take the rupee towards 74. However, we believe the rupee will find a strong hurdle around these levels.
The dollar-rupee October contract on the NSE closed near 73.42 in the last session. The open interest increased by 4.5% in the last session.
Britannia Industries, HDFC Life Insurance Company, L&T Technology Services, ACC, Century Textiles, CSB Bank, Borosil Renewables, Hatsun Agro Product, Bank of Maharashtra, Rallis India, Sagarsoft (India), Shish Industries, Skipper, Smruthi Organics, Sumeru Industries, Tata Metaliks, Texmaco Infrastructure, Texmaco Rail, Titan Biotech, Titan Securities and Chemo Pharma Laboratories will announce quarterly earnings on October 19.