All the sectoral indices are trading green, while midcap and smallcap also up 0.6 percent.

Mar 06, 10:24 AM (IST)
Buzzing: Wipro shares have rallied over 3 percent after the stock adjusted for bonus issue.

Mar 06, 10:20 AM (IST)
Buzzing: Bharat Forge shares have declined around 2 percent after the steep decline in North America class 8 truck orders.

North American Class 8 truck orders for February remained subdued for the second consecutive months at 16,700 units, falling sharply by 58 percent compared to same month last year, FTR Transportation Intelligence said.

Mar 06, 10:00 AM (IST)
Edelweiss Financial Services gains 12%: Company shares rallied more than 12 percent in morning on Wednesday after North American fund manager CDPQ signed deal to invest $250 mn in the company’s NBFC subsidiary.

Mar 06, 09:47 AM (IST)
Credit Suisse on HCL Technologies: Research house maintained outperform call on the stock with a target at Rs 1,310 per share. The earnings upgrades are in-line with peers, while valuations is much lower, it added.

The company is trading at a 40% discount to TCS versus long-term average discount of 25 percent. The improving business fundamentals with reasonable valuations offer attractive risk reward, it added further.

Mar 06, 09:27 AM (IST)
Buzzing: Shares of Quick Heal Technologies added 7 percent in the early trade on Wednesday after board approved buyback of equity shares.

Company board approved a proposal to buyback up to 63,63,636 equity shares of the company, being 9.02 percent of the total paid up equity, for an aggregate amount not exceeding Rs 175 crore, at a price of Rs 275 per share.

Mar 06, 09:18 AM (IST)
Market Opens: It is strong start for the benchmark indices on Wednesday with Nifty opens above 11,000 level.

The Sensex is up 158.64 points at 36601.18, while Nifty is up 47.10 points at 11034.60. About 777 shares have advanced, 146 shares declined, and 43 shares are unchanged

Wipro, Indiabulls Housing, L&T, HPCL, BPCL, ITC, Vedanta, Grasim, DHFL, are the top gainers on the indices, while losers are Bharat Forge, Reliance Capital

All the sectoral indices are trading green, while midcap and smallcap also up 0.6 percent.

Mar 06, 09:13 AM (IST)
L&T Construction bags order: Heavy Civil Infrastructure Business of L&T Construction has secured orders from Bangalore Metro Rail Corporation for the design andconstruction of the Phase-2 works.

Mar 06, 09:06 AM (IST)
Rupee Opens: The Indian rupee opened lower by 10 paise at 70.59 per dollar on Wednesday versus previous close 70.49.

Mar 06, 09:04 AM (IST)
Market at pre-open: Sensex and Nifty are trading higher in the pre-opening trade with Nifty above 11,000 mark.

The Sensex is up 106.63 points at 36549.17, while Nifty is up 50.30 points at 11037.80.

Vedanta, IOC, ITC, Bharti Airtel are among major gainers, while Bharat Forge and RIL are losers in the pre-opening trade.

source: moneycontrol.com