Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Indian markets open firm
Tue, 22 Sep 09:30 am

The major Asian equity markets have opened the day in green. Stock markets in Hong Kong and China are up by 0.7%. Even, the most of the indices in the European markets ended their previous session in green. While, the benchmark indices in US ended their previous session marginally up by 0.04%. The rupee is trading at 65.67 per US dollar.

Indian stock markets have opened the day on an encouraging note too. BSE Sensex is trading up by 120 points (up 0.5%) and NSE-Nifty is trading up by 30 points (up 0.4%). Both BSE Mid Cap and BSE Small Cap have moved upwards. Both the indices are trading up by 0.6% and 0.7% respectively. Sectoral indices have opened the day on a positive note with stocks from banking, information technology (IT) sector are witnessing maximum buying interest.

As per an article in Livemint, National Thermal Power Company (NTPC) plans to raise Rs 7bn by selling tax free bonds. These funds will be utilized for its renewable energy project. Of the total issue, 40% is reserved for the retail sector. The raised amount will help the company to cut the cost of its renewable energy. The earlier private placement of Rs 3bn was oversubscribed by 7.25 times. NTPC also plans to raise $ 500m each from its first global rupee bond and green bonds that it plans to sell soon. The move comes at a time when the company is trying to reduce electricity tariff to improve power off-take from its projects. The stock of NTPC is trading up by 0.2%.

As per an article in Livemint, Hero MotoCorp plans to roll out new motorcycles with indigenously developed engines and platforms. The company has developed three engines and platforms in the range of 110-150cc. Currently, the motorcycles have engines manufactured by Honda. The indigenously developed engines will be used in some of its top selling models such as Splendor, Passion and Glamour. The engines have been developed under the supervision of Markus Feichtner, former head of Austrian engine maker AVL's India Technology Centre who joined Hero late last year as its vice-president for research and development (R&D). The stock of Hero MotoCorp is trading up by 0.9%.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary


What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "Indian markets open firm". Click here!

  

Views on News

I Found My Guru. Have You Found Yours? (Fast Profits Daily)

Feb 24, 2021

In this video, I'll tell you about the need to find a guru early in your career and how I found mine.

It's the Beginning of a New Bull Phase in Smallcaps (Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Why Senior Citizens Need To Choose Their Tax-Saving Avenues Thoughtfully (Outside View)

Feb 24, 2021

Senior citizens while exploring tax-saving avenues, must keep in mind these top three priorities: capital protection; regular income; and managing healthcare and retirement-related expenses well.

The Hidden Tesla in My Great Indian Wealth Project (Profit Hunter)

Feb 23, 2021

An Indian company founded three decades ago in a garage caught my attention...

Make Trading Profits All Day Long (Fast Profits Daily)

Feb 23, 2021

In this video, I'll show you how to how to profitably trade stocks, commodities, and currencies on the same day.

More Views on News

Most Popular

Intraday Trading for a Living (Fast Profits Daily)

Feb 15, 2021

In this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.

Penny Stock Master Series: The Quest for 10X Profits in 10 Years (Profit Hunter)

Feb 12, 2021

This is first of the three part master series. In these editorials, I'll show you how to earn 10X returns from a penny stock portfolio over 10 years.

Top 5 Stocks Mutual Funds Bought and Sold in January 2021 (Sector Info)

Feb 16, 2021

A look at what India's top equity mutual funds bought and sold in January 2021.

I Would Recommend this Small-cap Stock Over Tesla (Profit Hunter)

Feb 16, 2021

Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Feb 24, 2021 (Close)

MARKET STATS