ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » India News

Domestic markets rise ahead of F&Os expiry; oil companies in focus

For the month of September series in the Futures & Options (F&O) will expire today.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Domestic markets rise ahead of F&Os expiry; oil companies in focus
The Indian Rupee opened higher at 66.44 per dollar as against previous close at 66.47. Photo: IANS

Domestic markets on Thursday opened in green ahead of derivatives expiry. The positive global cues also gave markets a push.

At 0918 hours the BSE Sensex was trading at 28,474.13, up 166.32 points, or 0.59%. While NSE Nifty was trading at 8,793.60, up 48.45 points, or 0.55%.

On 30-share benchmark, among the top gainers were Oil & Natural Gas Corporation (2.01%), GAIL (1.15%), Bajaj Auto (1.05%), Reliance Industries (1.04%) and State Bank of India (0.99%). Among losers were Bharti Airtel (-1.12%), Wipro (-0.30%) and Dr Reddy's Laboratories (-0.02%).

ICICI Prudential Life Insurance is set to make its stock market debut today, after it concluded its Rs 6000-crore IPO last week. The public issue was oversubscribed 10.48 times. The company had fixed price the band of Rs 300-334 per share. 

The shares of oil companies were in focus today as Organization of the Petroleum Exporting Countries (OPEC) members agreed to curb output in a surprise deal. 

It was OPEC's first agreement to cut production since 2008, though details on specific country quotes won`t be decided until the next formal OPEC meeting in November. 

The shares of ONGC were trading at Rs 257.20 per piece, up 2.23%, or Rs 5.60. During early trade, the Hindustan Petroleum  Corporation's shares were trading at Rs 428.40 per piece, up 0.34%, or Rs 1.45. However, Bharat Petroleum Corporation shares were trading at Rs 616.30 per piece, down 0.05%, or Rs 0.30.

For the month of September series in the Futures & Options (F&O) will expire today.

The Indian Rupee opened higher at 66.44 per dollar as against previous close at 66.47.

On the global front, Asian stocks gained in tandem with an oil price rally after OPEC members agreed to curb output - boosting investor risk appetite, a Reuters report said.

Overnight, European shares gained on a recovery in battered Deutsche Bank shares while the Dow rose 0.6% and the energy index had its best day since January in light of the OPEC agreement.

Oil prices settled up nearly 6% on Wednesday after OPEC struck a deal to limit crude output, the report added.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
SensexNiftyICICI Prudential IPONSEBSEfutures and options (F&O)Organisation of Petroleum Exporting Countries (OPEC)Asian sharesRupee
Written By: ZeeBiz WebTeam
Updated: Thu, Sep 29, 2016
09:34 am
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Closing Bell: Sensex surges 900 points, Nifty over 240 points as banks take control of D-Street Closing Bell: Sensex surges 900 points, Nifty over 240 points as banks take control of D-Street
Stock Market on Friday: Watch out for these 10 triggers that could impact movement in Sensex, Nifty Stock Market on Friday: Watch out for these 10 triggers that could impact movement in Sensex, Nifty
Closing Bell: Nifty ends flat on Adani Enterprises woes; Sensex advances by 200 points on ITC, Infosys surge Closing Bell: Nifty ends flat on Adani Enterprises woes; Sensex advances by 200 points on ITC, Infosys surge
Fed meeting outcome, Budget 2023 impact, weekly expiry among 10 factors that may determine Sensex, Nifty movement on Thursday Fed meeting outcome, Budget 2023 impact, weekly expiry among 10 factors that may determine Sensex, Nifty movement on Thursday
Closing Bell: Roller coaster ride for Sensex, Nifty on Budget 2023 day; Adani Group stocks lead debacle Closing Bell: Roller coaster ride for Sensex, Nifty on Budget 2023 day; Adani Group stocks lead debacle

LATEST NEWS

SBI Q3 Results: Net profit jumps 68.5% to record Rs 14,205 crore, far exceeds analysts' expectations

NSE, BSE put 3 Adani Group companies under short-term additional surveillance measure

Vivo X90, X90 Pro Launch today: Check specifications, features, camera and other details

Q3 Results 2023: Emami December quarter PAT up 6%, Tata Power net profit doubles

Abu Dhabi to Calicut Air India Express flight IX348 catches fire

DigiYatra App: Check airports list and how to use for hassle free check-ins

Sebi notifies stronger framework for green bonds; introduces concept of blue, yellow bonds

POCO X5 Pro 5G specifications leaked just ahead of launch: Check details

Vande Bharat Express Fleet: Check full train list, timetable, routes, ticket price, new routes

Moodys says stock plunge to hurt Adani Group ability to raise funds Adani Enterprises Adani Ports

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV