9:40 am- SENSEX soars 600 points to 50,300

9:38 am- Five banks in the top 10 in morning trading on SENSEX

9: 36 am- Tata Steel tops the chart in morning trading followed by Mahindra & Mahindra and Bajaj Finance on SENSEX

9: 35 am: Indian Rupee appreciated against the US Dollar to 74.25

9: 28 am- Petrol prices in metros: Delhi- 90.40, Mumbai- 96.83, Chennai- 92.43 and Kolkata- 90.62

9: 25 am- SENSEX Tops 50,000 in four weeks, NIFTY crosses 15K

The BSE SENSEX crossed the 50K mark in four weeks and touched 50, 336 at 9:22 am Thursday. Nifty continued its three-day rally and shot up to 15,028.

The markets are expected to stay buoyant for the day continuing gains from the last three days. In the broader markets, the S&P BSE MidCap and SmallCap indices gained 0.77 per cent and 0.98 per cent, respectively, said Business Standard.

9: 18 am- NIFTY at 15, 027 up 374 points

9: 11 am- SENSEX CROSSES 50K MARK IN FOUR WEEKS

9:10 am- Markets open in the green. SENSEX rises 369 points to touch 50,115. NIFTY expected to continue three-day rally.

8: 55 am- Nikkei 225 remains closed on account of Showa Day. Hong Kong’s Hang Seng gained 169 points to touch 29,240

8:40 am- Stocks to watch out for:

Reliance Industries– In talks with Saudi Aramco on a cash and share deal for sale of a 20% stake in its oil refining and petrochemical arm.

Oil and Natural Gas Corporation: Foreign collaboration in exploring yet-to-be-developed fields in lesser prospective areas. Watch out for any restructuring news.

Biocon: Demand for itolizumab manufactured by arm Biocon Biologics has jumped three-fold from what it was in the first wave of the covid-19 pandemic, fueled by a shortage of the imported tocilizumab from Cipla. They are both used for the treatment of cytokine storms caused by covid-19 infections.

Bajaj Auto: The two-wheeler major will file its March quarter earnings on Thursday. Watch out for double digit rise in revenue.

Titan:  Low base effect, better market momentum and lower gold prices have driven a 60% growth in revenue, the company said before Thursday when it will formally announce the earnings.

Hindustan Unilever: High double digit net profit expected for the FMCG major as it files its quarterly results on Thursday.

Source: Mint, Business Standard

8:31 am- Bajaj Auto, Hindustan Unilever, Titan, Ambuja Cements, Zensar Technologies, AU Small Finance Bank and Inox Leisure to announce results on Thursday

8:30 am- SGX NIFTY opens 100 points up, Indian indexes expected to maintain gains on a fourth day