 "Markets turn flat; banks, autos gain")
Markets continue to trade around their morning gains with the Sensex hovering around the 20,000 levels and the Nifty waiting by 6,070.
Meanwhile, the broader markets have edged higher, with the smallcap index up 0.6% and the midcap index gaining 0.4%.
Media stocks are in limelight after NDTV reported robust earnings for the fourth quarter. The stock surged as much as 20% to Rs 90.15. TV Today, HT Media, Zee News, Network18 Media and Investments and TV18 Broadcast were some of the other gainers trading between 6-10% higher on BSE.
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After starting on a flat note, the markets edged higher with the Sensex up 69 points at 20,007 and the Nifty gains 20 points to trade at 6,070. The gains were led by banks and IT stocks ahead of the index of industrial production (IIP) data and the consumer price index numbers.
In the broader markets, the mid and the smallcap indices opened higher by 0.2% each.
Among other markets, Asian shares eased taking their cues from global equities which took a breather from recent rallies overnight, but Japanese equities soared to fresh five-year highs as the dollar's break above the symbolic 100 yen level underpinned sentiment.
The Nikkei stock average opened up 1.8% while MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5%.
The S&P 500 broke a five-day streak of record closing highs on Thursday, ending a fairly volatile session lower as the market's recent momentum faded and Apple's shares declined.
The Dow also broke its two-day string of all-time closing highs, but still ended above 15,000 levels at 15,083. The Standard & Poor's 500 Index declined 0.37%, to finish at 1,627. The Nasdaq Composite Index slipped 0.12%, to close at 3,409.
Back home, all the sectoral indices opened in the green with Consumer Durables, Power, Auto, Realty, PSU and IT indices gained 0.4-1.4%. Health Care, Metal, Capital Goods and FMCG indices started flat with a positive bias.
Among the Sensex-30, Maruti Suzuki was the top gainer, up 2% after the yen depreciated making the imports cheaper for the company.
Dr Reddys Lab, NTPC, ONGC, Mahindra & Mahindra, Gail India and BHEL up 1% each were the other notable gainers.
SBI, Hero MotoCorp, Bajaj Auto, Hindalco, HDFC Bank, ICICI Bank, Bharti Airtel and Tata Steel had a green tick, up 0.5-0.8%.
The only ones in the negative were HDFC, Reliance Industries, Cipla, Coal India and Jindal Steel, losing 0.4-1%.
The market breadth was positive on the BSE. 637 stocks advanced while 372 stocks declined.
Meanwhile, the broader markets have edged higher, with the smallcap index up 0.6% and the midcap index gaining 0.4%.
Media stocks are in limelight after NDTV reported robust earnings for the fourth quarter. The stock surged as much as 20% to Rs 90.15. TV Today, HT Media, Zee News, Network18 Media and Investments and TV18 Broadcast were some of the other gainers trading between 6-10% higher on BSE.
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(Updated at 0929 hrs)
After starting on a flat note, the markets edged higher with the Sensex up 69 points at 20,007 and the Nifty gains 20 points to trade at 6,070. The gains were led by banks and IT stocks ahead of the index of industrial production (IIP) data and the consumer price index numbers.
In the broader markets, the mid and the smallcap indices opened higher by 0.2% each.
Among other markets, Asian shares eased taking their cues from global equities which took a breather from recent rallies overnight, but Japanese equities soared to fresh five-year highs as the dollar's break above the symbolic 100 yen level underpinned sentiment.
The Nikkei stock average opened up 1.8% while MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5%.
The S&P 500 broke a five-day streak of record closing highs on Thursday, ending a fairly volatile session lower as the market's recent momentum faded and Apple's shares declined.
The Dow also broke its two-day string of all-time closing highs, but still ended above 15,000 levels at 15,083. The Standard & Poor's 500 Index declined 0.37%, to finish at 1,627. The Nasdaq Composite Index slipped 0.12%, to close at 3,409.
Back home, all the sectoral indices opened in the green with Consumer Durables, Power, Auto, Realty, PSU and IT indices gained 0.4-1.4%. Health Care, Metal, Capital Goods and FMCG indices started flat with a positive bias.
Among the Sensex-30, Maruti Suzuki was the top gainer, up 2% after the yen depreciated making the imports cheaper for the company.
Dr Reddys Lab, NTPC, ONGC, Mahindra & Mahindra, Gail India and BHEL up 1% each were the other notable gainers.
SBI, Hero MotoCorp, Bajaj Auto, Hindalco, HDFC Bank, ICICI Bank, Bharti Airtel and Tata Steel had a green tick, up 0.5-0.8%.
The only ones in the negative were HDFC, Reliance Industries, Cipla, Coal India and Jindal Steel, losing 0.4-1%.
The market breadth was positive on the BSE. 637 stocks advanced while 372 stocks declined.