Sensex up 53 points; realty, healthcare stocks major gainers

Sensex up 53 points; realty, healthcare stocks major gainers

At 9.30 am, the BSE Sensex was trading 8.43 points, or 0.03 per cent lower at 32,825.56.

Retail investors and domestic financial institutions built up positions a day ahead of the release of data of IIP (Index of Industrial Production) for August and inflation for September.

Among BSE sectoral indices, realty index gained the most by 1.11 per cent, followed by healthcare 0.87 per cent, metal 0.65 per cent and IT 0.64 per cent.

The Sensex was down by 90.42 points or 0.28 per cent at the Wednesday's closing.

The Nifty was trading at 10,042.70 points in the morning.

PM Modi to attend inauguration of birth centenary celebration of Nanaji Deshmukh
Modi sought to bring reformist Deshmukh at par with other icons - Jayaprakash Narayan and Hindutva ideologue Deendayal Upadhyaya. The Sangh veteran is also remebered for his pioneering work towards the anti-poverty and rural self-reliance.

Enterprise Products Partners LP (EPD) Receives $30.99 Average Target Price from Analysts
Also, it has an estimated price-earnings (P/E) multiple of 17.57 and a trailing 12-month price-earnings (P/E) multiple of 23.49. After $0.18 actual EPS reported by Medidata Solutions Inc for the previous quarter, Wall Street now forecasts 5.56% EPS growth.

'Suicidal' Harvey Weinstein tries to flee daughter's home
She denied making any suicidal statement , and emphasized that it was just a family dispute. Weinstein was ousted from TWC on Sunday following explosive allegations of sexual assault .

On the other hand, Bharti Airtel (5.04%), Tata Consultancy Services (1.66%), Wipro (1.43%), Mahindra & Mahindra (1.30%), Hindustan Unilever (0.32%), and Axis Bank (0.31%) were the major gainers in the Sensex.

The Nifty too was down by 32.15 points or 0.32 per cent.

Indian shares opened modestly higher on Thursday after the Union Cabinet approved revision of pay scales for 7.51 lakh teachers in universities and the economic advisory council, formed by Prime Minister Narendra Modi last month, put to rest talks of fiscal stimulus to boost growth.

Reliance Industries gained 1.8 per cent to hit a day's high of Rs. 858.40, ahead of its July-September quarter earnings later this week.

At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 9,984.80 points, was quoting at 10,011.20 points, up by 26.40 points or 0.26 per cent.

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