BSE Sensex zooms past 20,000,IIP data awaitedhttps://indianexpress.com/article/news-archive/web/bse-sensex-zooms-past-20-000-iip-data-awaited/

BSE Sensex zooms past 20,000,IIP data awaited

BSE Sensex,the 30-share benchmark index,was up 80.29 points or 0.40% to 20,019.33.

BSE Sensex,the 30-share benchmark index,was trading up 80.29 points or 0.40% to 20,019.33 at 10:53 am today.

Shares of Shriram Transport,MMTC,Mahindra and Mahindra,Maruti Suzuki,Essar Oil were among the major gainers while Wockhardt,Sun Pharma,Coal India,PNB and Asian Paints were among the major losers.

NSE Nifty,too,was in the positive territory at 6,072.90 up 22.75  0.38% at 10:53 am.

Indian stocks to watch-May 10

(Reuters): GLOBAL MARKETS ROUND UP

Nifty futures on the Singapore Exchange are 0.09 percent up and the MSCI-Asia Pacific index excluding Japan is 0.68 percent lower.

Asian shares eased on Friday,taking their cues from global equities which took a breather from recent rallies overnight,but Japanese equities soared to fresh five-year highs as the dollar’s break above the symbolic 100 yen level underpinned sentiment.

The S&P 500 broke a five-day streak of record closing highs on Thursday,ending a fairly volatile session lower as the market’s recent momentum faded and Apple’s shares declined.

FACTORS TO WATCH

India’s car industry lobby group releases sales data for April. (0500 GMT)

India’s Industrial output data for March,and 2012/13. The industrial output remained almost flat,growing at 0.9 percent in April-February 2013 period,and is likely to remain subdued in March as well. (0530 GMT)

Earnings of NTPC Ltd,Apollo Tyres Ltd and Reliance Communications Ltd.

India’s Jet set to order over 100 planes at airshow-consultancy.

Indian Hotels Company seeks RBI nod to hive off international operations.

Fortis Healthcare plans to raise $100 mln from IFC.

CCI to probe Cipla and 4 others for anti-competitive pricing in Himachal Pradesh.

Foreign chains get leeway on back-end investments.

ONGC may lose $10 bln global bids.

ONGC,Shell may enter into JV to bid for overseas assets.

RIL to invest $5 bln to reverse KG-D6 gas output fall.

India’s Escorts Jan-March net up 61.58 pct.

Iran courts Indian companies with sweeter oil contracts.

Wipro gets nod to meet public holding rules by share transfer.

PTC puts coal mine acquisition plan on back burner.

JSW Energy ready for acquisitions.

Supreme Court upholds Cairn-Vedanta Deal,brings relief to government.

GVK awards duty-free & retail contracts to Dufry and DFS at Bali airport.

Air Force invites pvt companies to 100 bln rupee bid for transport aircraft manufacturing.

Gammon infra gets security clearance for port projects.

Rolta to raise $250 mln in Singapore.

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