Sensex Trades Over 200 Points Higher; Dow Futures Down By 7 Points

Share markets in India are presently trading on a strong note.

The BSE Sensex is trading up by 271 points, up 0.6% at 46,231 levels.

Meanwhile, the NSE Nifty is trading up by 68 points.

ONGC and GAIL are among the top gainers today. Divi's Laboratories and Eicher Motors are among the top losers today.

The BSE Mid Cap index is trading up by 0.3%

The BSE Small Cap index is trading up by 0.8%.

On the sectoral front, barring the healthcare sector, all sectors are trading in green with stocks from the oil & gas and metal sector witnessing most of the buying interest.

US stock futures are trading lower today, indicating a negative opening for Wall Street indices.

Nasdaq Futures are trading down by 30 points (down 0.2%) while Dow Futures are trading down by 7 points (flat).

The rupee is trading at 73.59 against the US$.

Gold prices are trading flat at Rs 49,088 per 10 grams.

In global markets, gold prices edged higher today as muted US jobs data spurred concerns about swift economic recovery.

However, gold prices struggled to edge higher in Indian markets amid muted global trends. On MCX, February gold futures were up 0.15% to Rs 49,149 per 10 grams after a two-day fall. In the previous session, gold had dipped 0.3%.

Moving on to stock-specific news...

Among the buzzing stocks, today is HCL Technologies.

IT services major HCL Technologies on December 10 said it has set up its first delivery center in Vietnam at Hanoi and plans to hire more than 3,000 people over the next three years.

From its first delivery center in Vietnam's capital city Hanoi, HCL will deliver advanced technology solutions to its global client base across several industries and verticals, including banking and financial services, healthcare, infrastructure, engineering and cybersecurity.

HCL's local entity, HCL Vietnam Company will also train the nation's talent pool in collaboration with local ICT and engineering institutions

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Disclosure: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research ...

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