The stock market has opened strong, Sensex is up 382.29 points to 26981.40 and Nifty up 110.65 points to 8167.95, led by banking and FMCG Sectors.
The biggest FMCG company Hindustan Unilever (HUL) will report its quarterly result on Friday. Profit after tax is expected to increase 9.8 percent to Rs 958 crore for as compared to the previous year earnings.
Stocks that are in a news today's are HUL, SAIL, Titan Company, M&M, L&T, Reliance Power, Tata motors and United Bank.
India is projected to achieve highest annual GDP growth rate of 7.9 percent over the next 8 years, overtake its rival China, according to a Center for International Development (CID) at Harvard University in its report.