Equity benchmarks started off the week on a positive note, tracking positive Asian cues and after consolidation in previous week. The 30-share BSE Sensex was up 115.88 points at 28450.13 and the 50-share NSE Nifty gained 24.35 points at 8817.90.
Hindalco Industries gained 1.8 percent ahead of quarterly earnings. Bharti Infratel, GAIL, Tata Power, Adani Ports, Tata Steel, Infosys and ICICI Bank were early gainers.
Idea Cellular tanked 4.84 percent, Bank of Baroda was down 4.15 percent and Coal India fell 2.68 percent after third quarter earnings. Bharti Airtel and BHEL were other losers.
The Indian rupee opened marginally higher at 66.90 per dollar today against Friday's closing value of 66.88.
The results which are expected today:
- Hindalco
- Britannia Industries
- Hindustan Petroleum Corporation
- Motherson Sumi Systems
- BEML
- Reliance Infrastructure
- Allahabad Bank
- DCM Shriram
- GMR Infrastructure
- NALCO
- NBCC (India)
- NMDC
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