Tata Group and Singapore International Airlines joint venture company could...
After a strong close for US markets in last trading session, Indian markets might be able to close positive on Thursday. The markets opened positive but soon went southwards. Pharmaceutical and Technology stocks are helping the indices.
Infosys, Wipro, HCL Tech and TCS were among major gainers among technology stocks. Ranbaxy Labs, Sun Pharmaceutical and Cipla were trading higher compared to yesterday’s close.
Cairn India, Sterlite Industries, BHEL, DLF also gained ground in first hour of trade.
Bajaj Auto, Reliance, SAIL and HDFC Bank were dragging the indices down. Larsen, BPCL, Tata Steel, ICICI Bank and Axis Bank were marginally lower.
As Asian markets are giving mixed signals, Indian markets will look forward to indicators from European markets.