The benchmark Sensex that rose over 95 points in early trade on Thursday went into negative zone for a brief period but later recovered and was trading over 50 points up at around 10.26 am.

At 10.26 am, Sensex ws trading 54.51 points up at 28,075.38. Similarly, Nifty was up 13.40 points at 8,466.45 during the same time.

Shares of Bajaj Auto have moved higher by 2.4% to Rs 2,586 on the National Stock Exchange (NSE) after the company sold 331,317 units in June 2015, representing a year-on-year (yoy) growth of 8%, the highest in past nine months.

The automaker had sold 305,465 units in June 2014. It had sold 345,438 units in the last month May, 2015.

Shares of state-owned oil marketing companies (OMCs) are on a roll with the three listed companies – Bharat Petroleum Corporation (BPCL), Hindustan Petroleum Corporation (HPCL) and Indian Oil Corporation (IOC) trading at their respective 52-week highs on expectations of higher earnings growth going ahead.

IOC has rallied nearly 6% to Rs 413, while HPCL has surged 4% to Rs 771 and BPCL has gained 2% at Rs 907 on the Bombay Stock Exchange (BSE). BPCL and HPCL are quoting at their record highs on the BSE.

BSE has issued guidelines on tendering and settlement of shares through its platform, effective today, to make delisting, buyback and takeover offers easier.

Giving the details, BSE said, "Facility for acquisition of shares through the stock exchange mechanism pursuant to offer would be available on the bourse in the form of a separate window (acquisition window)."

The benchmark BSE Sensex and NSE Nifty continued their firm trade in the late afternoon session on account of buying in frontline blue chip counters and taking cues from Asian counterparts.

After a volatile session, BSE Sensex closed 135.68 points up at 27780.83 while NSE Nifty gained 50.10 pts at 8370.10.

Benchmark index, Sensex is heading toward the highest fall in a span of four weeks as the fear of Greece default spooked investors amid loss in the Chinese stocks despite a decision by the central bank to cut interest rates to a record low.

Weakness in the rupee owing to persistent demand for the American currency from importers has further dampened the sentiments. The rupee is currently trading at 63.86 against the US dollar.

Both the indices, BSE Sensex and NSE Nifty, surged further by 496 points and 156 points, respectively, on persistent buying from investors on hopes of rate cut from Reserve Bank of India (RBI) in view of above-average monsoon rains.

India Meteorological Department (IMD) said in its daily monsoon update showed that the southwest monsoon has been further advanced into remaining parts of north Arabian Sea. For the country as a whole, the cumulative rainfall during this year’s monsoon season was 24 per cent above the Long Period Average (LPA) until June 24.

The BSE Sensex continued to trade in the negative terrain and was down over 70 points at 10.28 am on fresh selling by participants as July series in the derivatives segment began on a subdued note amid weak Asian cues.

At 10.28 am, BSE Sensex was down 78.81 points at 27,817.16. Similarly, Nifty was down 16.60 points at 8,381.40 during the same time.

MUMBAI: The benchmark BSE Sensex rebounded by 57 points in late morning trade on fresh buying in capital goods, healthcare, refinery, power and auto stocks.

Key benchmark indices had edged lower in early trade due to sustained selling in consumer durable, IT, FMCG, teck and banking shares amid tracking weakness in Asian markets and overnight slide at the Wall Street.

Continuing its upward journey for the ninth consecutive day, the benchmark BSE Sensex gained over 72 points and the NSE Nifty inched towards regaining 8,400-mark in early trade today as investors indulged in enlarging positions driven by positive domestic as well global cues.

Nifty reclaimed its 8,400 mark around 9.52 am.

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