Indian Indices Open Strong

Thu, 4 Feb 09:30 am

   Previous Close   

   Pre-Open   

   11:30 am   

   01:30 pm   

   Closing   

Barring Japan, major Asian stock markets have opened the day on a positive note with stock markets in China and Hong Kong trading up by 1.1% and 1.5% respectively. Major indices in Europe ended their previous session in red. However, benchmark indices in US ended their previous session on a positive note. The rupee is trading at 67.83 per US$.

Indian stock markets too have opened the day on a firm note. The BSE Sensex is trading higher by 210 points (up 1%) and NSE Nifty is trading higher by 60 points (up 0.8%). Both, BSE Midcap and BSE SmallCap are trading higher by 1% each. Major sectoral indices have opened the day in green with stocks from oil & gas and telecommunication sectors are witnessing maximum buying interest.

As per an article in leading financial daily, Hindalco Industries may have to halt mining at its biggest bauxite reserve in Odisha, as the company could not renew permit with regards to forest clearance. Failure to obtain license in time may either force Hindalco to cut aluminum production or import ore, which may dent the earnings of the company. Lack of bauxite has already halted operation of its group company, Vedanta Ltd for aluminum unit in Odisha.

Reportedly, a small part of the land requires forest clearance as it falls under the deemed forest category. Approx. 230 hectares out of the total 1388.74 hectares entails forest clearance. According to the experts, it will take atleast a year for the company to get this permit. However. the management has not given any official statement with regards to the same.

Hindalco's overall performance has come under pressure since last few quarters, owing to falling commodity prices. The prices of aluminum have dropped to a six year low. Added to this, the non-renewal of permits adds one more challenge for the company.

As per an article in leading financial daily, Colgate-Palmolive (India) has inaugurated its first ever toothbrush production unit in India. The manufacturing plant is set up in Sri-City, a business and industrial park located near Tamil Nadu borders. The plant has the capacity to produce 220 million pieces of tooth brushes a year. The capex incurred to set up the plant is pegged at Rs 4.5 billion.

The company also plans to expand this capacity to 600 million pieces of toothbrush in future. Further, the company has also signed an MOU with Andhra Pradesh government to invest an additional Rs 4.5 billion for expanding the operations at Sri City.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers