The Sensex and Nifty were trading higher by nearly 0.6 per cent
owing to firm Asian cues.The 30-share BSE index Sensex was up
158.02 points or 0.56 per cent at 28,313.58 and the 50-share
NSE index Nifty was up 51.45 points or 0.59 per cent at
8,776.15.

Barring FMCG, all other BSE sectoral indices were trading in the
green. Among them, realty index gained the most by 2.09 per
cent, followed by healthcare 2.03 per cent, IT 1.91 per cent and
metal 1.81 per cent, while FMCG index was down 0.79 per
cent.

Top five Sensex gainers were Sun Pharma (+3.91%), Maruti
(+2.82%), Infosys (+2.7%), Tata Motors (+2.15%) and Tata Steel
(+1.74%), while the major losers were ITC (-1.98%), Asian
Paints (-1.08%), Adani Ports (-0.72%), Coal India (-0.69%) and
L&T (-0.58%).

IT stocks led the gains after Tata Consultancy Services Ltd said
its board would consider a share buyback plan at a meeting
next week. Shares of TCS, the country’s biggest software
services exporter, rose as much as 2.7 per cent to their highest
since September 7, 2016, heading for their 10th session of
gains in 12 this month.

Asian markets Asian stocks edged to new 19-month highs on Thursday with
gains underpinned by an ongoing rally on Wall Street, while the
dollar came in for a bout of profit-taking after its recent
bounce.

MSCI’s broadest index of Asia-Pacific shares outside Japan rose
0.2 per cent to its highest since July 2015. It is up by a tenth
this year thanks to more optimistic earnings expectations and
an unwinding of bearish emerging market bets.

MARKET MEASURE
EXCHANGE ADVANCE DECLINE UNCHG. T/O
NSE 1073 412 70 21699.01

CHART ANALYSIS
SCRIP R2 R1 PIVOT S1 S2
NIFTY 50 8840 8815 8770 8745 8710