Markets open on a higher note

Representational Image

Meanwhile, the Nifty was trading lower by 9.80 points or 0.10% at 9,654.10 with 32 components falling.

The Indian equity markets on Thursday provisionally closed on a flat-to-negative note as weak global cues and heavy selling pressure in oil and gas, IT and consumer durables stocks subdued investors' sentiments. The BSE Sensex fell 58 points to close at 31,213.36 while the Nifty settled 17 points lower at 9,647.25.

The BSE Sensex today closed about 81 points higher at 31,271.28 after the Reserve Bank maintained status quo on policy rates, resulting in gains for rate- sensitive sectors like banking, realty and auto. The 30-share index, which had lost 118.93 points in the previous session, recovered by 99.42 points, or 0.31%, to 31,289.98.

Artemis Racing reaches America's Cup challenger finals
The result takes Team New Zealand one step closer to a Cup Match with Team USA, with a flawless showing on Sunday enough to send them through.

Indian shares may open a tad lower on Thursday as investors await the United Kingdom election, the European Central Bank policy meeting and former FBI Director James Comey's congressional testimony - all scheduled for today. Back home, out of the 30-share Sensex pack, 24 scrips ended lower while only six closed higher.

Pharma stocks rallied, with Aurobindo Pharma, Cipla, Sun Pharma and Dr Reddy's Laboratories climbing 2-4 percent.

Asian stocks are fluctuating in cautious trade as North Korea fired several anti-ship cruise missiles off its east coast and investors await China trade data for May.

Bill Cosby Jury Drills Down on His Deposition Testimony
But the high-powered defense team called just one witness to the stand and rested their case in just a handful of minutes. On Monday, he urged the jury to reject the idea that Constand's sexual encounter with Cosby had been consensual.

RBI Governor Urjit Patel-led MPC for the fourth straight time kept the repo rate unchanged at 6.25 per cent.

In the sectoral landscape, IT stocks bled the most, plunging almost 2 per cent to settle at 10,178, with TCS (down 3.59 per cent) being the biggest loser.

The BSE Midcap and Smallcap indices outperformed benchmarks, up 0.2-0.3 percent despite the balanced market breadth.

Kurdish-led SDF enters Raqqa city
The Syrian Observatory of Human Rights also reported that the SDF had already seized a number of positions inside the city. The assault overlaps with the final stages of the US-backed attack to recapture the Iraqi city of Mosul from Daesh.

Indian benchmark indices closed in the red after digesting RBI's policy rate action and growth outlook cut yesterday and ahead of the United Kingdom elections, the European Central Bank's policy meeting and ex-FBI Director James Comey's congressional testimony.

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