The stock markets opened on a positive note on Thursday. The benchmark indices were in the green. Sensex zoomed past 49,000 mark in the pre-open session on Thursday morning while Nifty was above 14,700.
At 09:16 AM, the Sensex was up 172.65 points or 0.35 percent at 48850.20, and the Nifty was up 54.40 points or 0.37 percent at 14672.30.
#CNBCTV18Market | Indian market starts Thursday session with minor gains pic.twitter.com/BJUBEbwJlZ
— CNBC-TV18 (@CNBCTV18Live) May 6, 2021
The following companies will release their quarterly results today: Hero MotoCorp, Adani Power, Adani Transmission, Apcotex Industries, Blue Star, Caplin Point Laboratories, Century Textiles & Industries, Coforge, CreditAccess Grameen, Hindoostan Mills, ICRA, IIFL Finance, Jost’s Engineering, Ludlow Jute & Specialities, Procter & Gamble Health, Praj Industries, Raymond, Solara Active Pharma Sciences, Sundram Fasteners, Tata Consumer Products, Five X Tradecom, Foseco India, Hikal, Ashika Credit Capital and Bombay Burmah Trading Corporation.
Fuel prices were raised for the third day in a row on Thursday as state-owned fuel retailers resumed daily rate revision after a more than two-week-long hiatus during assembly elections in states like West Bengal. Petrol in the national capital now costs Rs 90.99 a litre and diesel comes for Rs 81.42 per litre. Rates have been increased across the country and differ from state to state depending on the incidence of value-added tax.
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