Market opens higher ahead of RBI policy outcome


On Tuesday the Sensex closed at 31,190.56 points. Some level of circumspection ahead of Wednesday's RBI policy review outcome resulted in profit-booking. The Nifty closed below the 9,650 mark, lower by 16.65 points at 9,647.25.

The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 31,316.91 points, traded at 31,313.55 points (at 9.20 a.m.) - up 42.27 points or 0.14 per cent from its previous close at 31,271.28 points. Gas utility GAIL fell as much as 4.3 percent, oil refiner International Olympic Committee dropped 2.1 percent and automaker Hero MotoCorp declined 1.5 percent. Later today, elections in the United Kingdom will get under way, the European Central Bank will hold its meeting. "Investors will now look forward to emerging confidence among industry participants as GST rollout approaches", Anand James, Chief Market Strategist, Geojit Financial Services Ltd said. Meanwhile, Foreign portfolio investors (FPIs) bought shares worth a net Rs 476.64 crore yesterday as per provisional data released by the stock exchanges.

Jessica Chastain as an intergalactic empress just made 'X-Men' interesting again
This all just happened, but they've formalized Simon Kinberg as director, and set a release date of Friday, November 2, 2018. The Shi'ar Empire is going to be coming after Jean Grey in order to imprison (or destroy) the Phoenix Force inside of her.

Overseas, most Asian stocks gained ahead of a number of news events with global implications. In Japan, the Nikkei 225 index closed 0.95% lower.

Major losers were Tata Motors 3.58%, NTPC 2.65%, ONGC 2.28%, ITC 2.05%, L&T 1.60%, Sun Pharma 1.53%, Reliance 1.17%, Bharti Airtel 1.07%, Power Grid 0.93%, Bajaj Auto 0.88%, M&M 0.83% and Hero Motoco 0.70%.

Rodman's N. Korea trip off to uncharacteristic low-key start
The North Korean account, the family said, claimed Warmbier then fell into a coma after being given a sleeping pill. The last instruction the president left Tillerson was: "Take care of Otto", the official said.

European stocks ended Wednesday's choppy session marginally lower even as banks turned in an impressive performance after Spain'sBanco Popular was acquired by Banco Santander. However, TCS rose by 3.63% followed by Infosys 2%, Wipro 0.91% and Dr Reddy 0.61%.

The BSE Realty index ended the session at 1,954.11. The Hang Seng index rose 0.3 percent, to 26,063.06, while the China Enterprises Index gained 0.4 percent, to 10,649.90 points, the report added.

Democratic Unionists in Northern Ireland become election key
The DUP was formed in 1971 by the protestant fundamentalist leader Ian Paisley, who led the party for 38 years. The centre-right DUP's 10 seats are enough to give the Conservatives a fragile, but workable partnership.

The BSE market breadth was bullish - with 786 advances and 361 declines.