Indian market opened on a lower on Thursday's very morning session and later moved a little bit higher. The market tracked Asian indices which eased from record highs as Covid-19 restriction in the United States took a toll on Wall Street's performance overnight.
At around 10.15 am, Sensex was trading at 44,193 up 13 points while the Nifty 50 was performing at 12,952, up 14 points. Banking, auto, finance, capital goods, power and realty stocks were major laggards during the opening session. BSE Auto, Finance, Bankex, Power, Capital Goods have recorded near 1 percent drop each in early trade.
Top losers on Nifty were UPL, HDFC Bank, ICICI Bank Ultra Cemco and Bharti Airtel, While Top Gainers Include, Bajaj Finserv, Hero Motocorp, Tata Steel, Bpcl and COAL INDIA.
TCS shareholders late Wednesday approved share buyback up to Rs. 16000 crore. The company's shares went higher by up to 2%. Wipro on the other hand fixed December 11 as the record date for its up to Rs 9,500 crore share buyback. Shares gained as much as 1% to hit the day's high of Rs. 349.2.
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