Sensex
up 100 pts, Nifty above 11,650; Tata Motors surges 10%
After opening flat, the Indian market
moved higher, backed by gains in shares of select heavyweights, such as
Reliance Industries, TCS and Tata Motors. Asian shares scaled a three-month
high after Wall Street hit all-time peaks amid hopes of progress in Sino-US
trade talks and for another dose of policy stimulus from the Federal Reserve
this week.
Asian
shares scaled a three-month high on Tuesday after
Wall Street hit all-time peaks amid hopes of progress in Sino-U.S. trade talks
and for another dose of policy stimulus from the Federal Reserve this week.
Rupee
update: The Indian rupee gained in the early trade
on October 29. It opened higher by 14 paise at 70.74 per dollar versus Friday's
close 70.88.
Results
on October 29: Bharti Airtel, Atlas Cycles,
Hindustan Zinc, Petronet LNG, SKF India, Tata Metaliks and Wonderla Holidays
are among the companies that will declare their September quarter numbers
today.
Stocks
in the news: Bharti Airtel, Reliance Capital, GVK,
Tata Power, Marico, Vodafone, Dr Reddy's Lab
0731-4986981
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