Opening Bell: Positive Forecast; Sensex up 140 points


At 9.15 a.m., the 30-share BSE index Sensex was up 53.48 points at 31,887.47 and the 50-share NSE index Nifty was up 34.75 points at 10,019.55.

The minutes from the US Federal Reserve's September policy meeting pointed to a rate increase one additional time this year despite subdued inflation, signalling "patience in removing policy accommodation".

The gauge had lost 90 points yesterday.

Out of 1,941 stocks traded on the NSE, 367 declined, 1100 advanced and 474 remained unchanged today. Notably, the shares of TCS gained as the Indian IT bellwether is scheduled to announce its much awaited quarterly earnings today.

The Sensex and Nifty opened the session marginally higher amid firm Asian cues.

In terms of investments, provisional data with the exchanges showed that foreign institutional investors (FIIs) sold scrips worth Rs 107.95 crore while domestic institutional investors (DIIs) purchased stocks worth Rs 233.80 crore.

In terms of the broader markets, the S&P BSE mid-cap index fell by 0.82 per cent, while the small-cap index closed lower by 1.08 per cent. Coal India, Hindustan Petroleum, and Kotak Mahindra bank lost more than 0.6% each in the opening trade on Thursday morning.

This is unedited, unformatted feed from the Press Trust of India wire.