The stock market recaptured in ahead of early trade with the BSE Sensex rising 194.75 points to 25816.92 and the NSE Nifty climbing 56.75 points to 7844.85. Technology, healthcare, oil and banking & financials stocks drove the market higher.
SBI, Axis Bank, ONGC, Vedanta, M&M and YES Bank topped the buying list, rising 1-2 percent. In any case, GAIL, ICICI Bank, Tata Motors, Bosch and BHEL were marginally in red.
The Indian rupee picked up in ahead of early trade today. It has opened higher by 9 paise at 66.34 per dollar against 66.43 yesterday.
Crude oil prices plunged on Friday after news top oil exporter Saudi Arabia sees no requirement for a summit of creating nations' heads of state to guard prices, mostly counterbalancing the past session's solid rally on bullish gas request.
Gold clung to little overnight increases close USD 1,110 an ounce on Friday, yet the metal was set out toward a third sequential week by week fall as investors kept on worrying over the timing of an approaching US premium rate climb.
Free Intraday Stock Tips For Today
Buy LIC Housing Finance with a stop loss at Rs 425 and target of Rs 455
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Buy Escorts with a stop loss at Rs 155 and target of Rs 161
Commodity Trading Updates Today
MCX Dec Silver futures rose to as high as 35840 in the past session, yet neglected to keep the additions and tumbled down into a negative zone. Presently, 35310 levels will go about as a quick backing on drawback and on an economical break underneath the same will in place further shortcoming towards 34650 & 34120 levels.