Indian markets have opened the trading session in green regardless of weak global cues. BSE-Sensex and NSE-Nifty has opened the day higher by 0.3% and 0.2% respectively. S&P BSE Midcap and S&P BSE Smallcap have also started the trading on an encouraging note with both the indices up by 0.5% each. Barring Metal and Power sector, majority of the sectoral indices are trading in positive territory with Capital goods and Realty stocks being the leading gainers.
With regards to international markets, the Asian Indices are broadly trading lower today with shares in Japan being the leading losers. In the US, all major indices ended the day in the red on Friday with the Dow closing nearly 140 points off the day's high while. The Nasdaq closed more than 0.50% lower. The Indian rupee opened lower by 9 paise at 64.15 per dollar.
According to a leading financial daily, NTPC is planning to add capacity of around 3,000 MW at Talcher in Odisha. The company has two stations in Talcher, one is Super Thermal Power station and another is Talcher Thermal Power Station (TTPS). The company will add 1,320 MW in Talcher Thermal Power station and will add another 1,600 MW in super thermal power station. Reportedly, the company has also commissioned another 200 megawatt (MW) capacity at its Koldam Hydro Power Project in Himachal Pradesh. The total installed capacity of the Koldam project now stands at 800 MW. It is to be noted that NTPC is the largest power generating company in the country.
Shares of Tata Motors surged after the company reported a rise of 2.15% in its global sales, including that of Jaguar Land Rover, at 79,244 units in May 2015 as compared to 77,575 units sold in corresponding month last year. In the passenger vehicles category, the global sales last month were at 50,181 units as against 48,414 units in May 2014, up 3.64%. Sales of luxury brand Jaguar Land Rover was down marginally by 0.30% to 38,879 units during the month as compared to 38,998 units during the same month a year ago. Sales of commercial vehicles also declined marginally to 0.33% in May 2015 to 29,063 units from 29,161 units a year ago.
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