The 30-share benchmark index BSE Sensex was up 103.45 points or 0.51% to 20,316.41 in early morning trade.
Shares of Adani Ports,Reliance Infra,Jaiprakash Associates and Yes Bank were among major gainers while Tata Comm,TCS,Infosys and Bajaj finserv were trading in the red zone at 9:49 am.
NSE nifty was trading at 6,184.20,up 37.45 points or 0.61 % in early trade.
Indian stocks to watch – May 16
(Reuters): GLOBAL MARKETS ROUNDUP
Nifty futures on the Singapore Exchange are 0.1 percent down and the MSCI-Asia Pacific index excluding Japan is 0.38 percent lower.
Asian shares got off to a positive start on Thursday after data showed Japan’s economy accelerated in the first three months of the year,in contrast to an enduring recession in the euro zone which was keeping the euro in the doldrums.
U.S. stocks rose on Wednesday,with the Dow and S&P 500 hitting new all-time highs in a broad market rally as the recent upward momentum persisted.
FACTORS TO WATCH
Earnings of Bajaj Auto Ltd and Reliance Capital Ltd
India monsoon may arrive late as southwest thirsts
Cipla Medpro shareholders back buyout by India’s Cipla
India’s Adani Ports Jan-March net up three-fold
India to kick-off sales of inflation-linked bonds in June
Wipro,L&T in race for Polaris unit.
Srei enters race to buy Austrian bank.
NTPC to merge unit with self,consider exits from joint ventures.
Cbank says Indian banks’ deposits,loans up marginally in 2 weeks to May 3
India’s Tata Comm says to delist from NYSE
India’s Manappuram Finance posts March-Qtr loss
India cbank allows quarterly shifts in banks’ non-tradeable debt in 2013/14
Private equity looks to pounce on cut-price India infrastructure
Eureka Forbes to acquire Swiss company.
Barings PE to buy 14 pct in Lafarge India for 14 bln rupees.
ONGC’s foreign arm eyes petchem,power and fertiliser business in Bangladesh.