Sensex Gains Over 200 Points; SBI, ONGC, Tata Motors Top Gainers

The domestic stock markets have opened on a firm note, post the profit-booking witnessed in the previous session. At 9:18 am, the BSE Sensex was trading at 612,487, higher by 244 points or 0.34 per cent and the NSE Nifty was at 18,343, up 78 points or 0.43 per cent. The broader markets were also trading firm, with the BSE Midcap index and BSE Midcap index adding 0.7 per cent and 0.6 per cent respectively.

Stocks in Asia-Pacific were mixed in Thursday trade as investors monitored shares of China Evergrande Group in Hong Kong. In Japan, the Nikkei 225 slipped 0.28 per cent and Topix index dipped 0.21 per cent.

The S&P 500 and the Dow climbed on Wednesday, with the Dow hitting an intraday record high, as investors eyed better than expected third-quarter earnings from U.S. companies. The Dow Jones rose 0.43 per cent to 35,609.34, the S&P 500 gained 0.37 per cent and the Nasdaq Composite ended flat.

On the earnings front, Asian Paints, JSW Steel, Biocon, Can Fin Homes, Container Corporation and ICICI Lombard General Insurance will declare their results during the day.

On Wednesday, the BSE Sensex fell 456 points to 61,260 and the NSE Nifty declined 152 points to 18,266.60.

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