The BSE Sensex opened higher by 106 points at 27,247, while the Nifty50 jumped 27 points at 8,408 mark. The Nifty50 hit 8,400 mark for the first time since Nov 11, 2016.
The BSE Mid-cap Index was up by 0.29% at 12,655, whereas BSE Small-cap Index was up by 0.35% at 12,751.
The Indian rupee opened higher by 17 paise against US Dollar at 68.15 per dollar versus 68.32 Wednesday.
Yen witnessed strong recovery against the greenback, as the differentials between US 10yr and Japanese bonds narrowed.Pharma: Following US president-elect Donald Trump’s explosive speech last night where he lambasted the domestic pharma
companies for outsourcing work, pharma stocks are likely to be in limelight today.
Infosys, ONGC, Adani Ports, Tata Motors and Hero MotoCorp are top gainers while Dr Reddy's Labs, Sun Pharma, Lupin, Cipla and ITC are losers in the Sensex.
BUY PFC FUTURE ABOVE 136 TG 136.60, 137.50, 138.50 SL 135,
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