The US indices, S&P 500 & tech-heavy Nasdaq were up by 1.84 per cent and 2.69 per cent, respectively, after the stocks gained in anticipation of the jobs data report due on Friday.  

GR Infraprojects, VA Tech Wabag, and MTAR Technologies are today’s mid-day movers.

The stocks, which are trading around 1-2 per cent of their previous month’s high, are likely to trend stronger in the short to medium term.  

The domestic markets opened with a bang with Sensex and Nifty indices climbing nearly 0.85 per cent & 0.66 per cent, respectively. For the second day in a row, technology stocks have risen. Buying was aided by positive global signals. The chart was held up by sectors such as Nifty IT, metal, bank, and financial services.

In a development that is expected to boost electric vehicle (EV) adoption and mobility in India, MG Motor India and Castrol India are set to collaborate with Jio-bp to explore mobility solutions for electric cars.  Under the partnership, Jio-bp, MG Motor and Castrol will explore setting up four-wheeler EV charging infrastructure and expand Castrol’s existing auto service network to cater to EV Customers.

At the time of the pre-opening bell today, the frontline index S&P BSE Sensex opened in green at a gain of 0.87 per cent. 

Activity in the F&O market for the weekly expiry on June 9 shows 16000 to act as support now. 

Raymond Ltd, Bombay Dyeing, and Elecon Engineering Co Ltd surged higher in today's session.

Shares of Raymond Limited made a fresh 52-week high on Thursday. The scrip was up by 20 per cent and was trading at Rs 1274.75, on the BSE.

Finolex Cables Ltd is a leading manufacturer of electrical and telecommunication cables in India. Besides manufacturing wires and cables, Finolex has also forayed into the manufacturing of Fast-Moving Electrical Goods and home appliances.