SENSEX TRADES HIGHER IN PRE-OPENING | IDEAL STOCK

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Manpasand Beverages to approve Q4 results today.

Infosys arm to provide banking solution to Santander in UK

Voltas clarified that it is not aware on media report on Tata Sons selling stake.

Tata Communications partnered with data center solutions company Edgeconnex.

Majesco U.S. arm’s insurance platform goes live for American Capital Assurance Corp.

Hindustan Unilever said reports of Horlicks deal speculative.

IDBI Bank clarified it has exposure of Rs 47.18 crore to DS Kulkarni Developers.

Relaxo Footwear mulls merging Marvel Polymers and Relaxo Rubber with self.

RUPEE OPENING:- The Indian rupee opened sharply lower at 68.43 against the dollar on Wednesday on demand for American currency from exporters.

It traded at 68.49, down 25 paise or 0.37 percent from previous close.

Market Pre-Opening: Benchmark indices traded higher in pre-opening despite weakness in Asian stocks amid trade tensions.

Read Also:- Rupees Bearish IT & Pharma Bullish

The 30-share BSE Sensex rose 85.04 points to 35,575.08 and the 50-share NSE Nifty gained 6.70 points at 10,769.20.

Pre-Market: The Nifty Index Option is likely to open flat on Wednesday tracking muted trend seen in other Asian markets. The index closed 6.7 points higher at 10,769 on Tuesday.

Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 17.5 points or 0.16 percent. Niftyfutures index were trading around 10,743-level on the Singaporean Exchange.

US stocks found their footing on Tuesday, helped by gains in the energy, technology and consumer discretionary sectors after a sharp sell-off a day earlier on spiraling global trade tensions, said a Reuters report.

Asian shares were subdued on Wednesday as weakness in Chinese stocks and the yuan weighed on sentiment, while oil held hefty gains as the United States pressured allies to stop buying Iranian crude, it said.

MSCI's broadest index of Asia-Pacific shares outside Japan was off 0.05 percent after touching a two-year trough on Tuesday. Japan's Nikkei has been faring better and was all but flat in early trade.

Oil prices rose on Wednesday, pushed up by supply disruptions in Libya and Canada and after US.officials said all countries should stop Iranian crude imports from November.