FIRST TRADE: Sensex up over 50 pts; Nifty above 19,800; TCS slips nearly 1%

Stock market today: The domestic equity indices on Thursday, October 12, opened on a subdued note following cues from the global market on moderating oil prices. IT companies will be in focus today after Tata Consultancy Services (TCS) released its September quarter (Q2 FY24) results on Wednesday. Meanwhile, HCL Technologies and Infosys will announce their quarterly results today.

Last seen, the S&P BSE Sensex was up 41.2 points, or 0.06 per cent, at 66,514.25, and the NSE Nifty was up 16.85 points, or 0.09 per cent, at 19,828.2.

In the broader market, the Nifty Mid Cap 100 and Small Cap 100 opened on a positive note.

Nifty Bank was up 0.28 per cent at 44,642.7.

BUZZING STOCKS 

Here are some stocks that were buzzing in the morning trade: 

Delta Corp stock was up over 3 per cent a day after the company released its Q2 results. 

Zomato shares continued its rally and were up over 2 per cent after a day ICICI Securities raised its target. 

Aurobindo Pharma shares were up over 1 per cent higher after the company said its subsidiaries have been in discussions with Merck Sharp & Dohme Singapore Trading Pte. Ltd. and its affiliates for CMO operations.

Plastiblends shares hit a 52-week high a day after the company released its Q2 results. 

Sula Vineyards shares were up over 2 per cent a day after the company released its quarterly results.

EMS Ltd shares were up over 1 per cent after the company received an order worth Rs 271 crore.

Vascon Engineers shares edged over 6 per cent higher on the back of a Letter of Acceptance received for Rs. 352.91 crore. 

Shakti Pumps shares were up over 3 per cent after company's board approved an investment of Rs 114 crore in its subsidiary, Shakti EV Mobility. 

MOIL shares were up over 11 per cent after QUANT MUTUAL FUND GILT FUND bought 11 lakh shares. 

Conversely, TCS shares were down nearly 1 per cent a day after the company released its Q2 results.

Zaggle Prepaid Ocean Services shares were down over 4 per cent after the company released its Q1 results. 

Yatra Online shares were down over 1 per cent after INTEGRATED CORE STRATEGIES ASIA PTE LTD sold 10.80 lakh shares. 

GLOBAL MARKETS 

Asian shares rose on Thursday as markets wagered that U.S. rates have peaked after more dovish remarks from Federal Reserve officials, while traders awaited the U.S. consumer inflation report later in the day for further monetary policy clues.

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) gained 0.7 per cent to the highest level in three weeks. Tokyo's Nikkei (.N225) rallied 1.3 per cent for a third straight day, climbing away from its five-month low hit last week.

(With agency inputs)

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