MARKET LIVE: Sensex gains 100 pts in pre-open, Nifty tops 15,700
: A pullback rally is on the cards for Dalal Street as it looks to resume trade after a one-day gap, thanks to a rally in US equities over the last two days.
On Wednesday, Dow Jones Industrial Average rose 0.83%, the S&P 500 gained 0.82% the Nasdaq Composite added 0.92%.
Along expected lines, Asian peers followed suit, tracking the optimism in US stocks. Australia’s S&P/ASX 200 index rose 0.9%, South Korea’s Kospi index increased 0.9% while Japan was closed for a holiday. S&P 500 Nasdaq futures also traded firm.
Forty-four companies including Hindustan Unilever, Bajaj Auto, Ultratech Cement, Biocon, Hindustan Zinc, IIFL Securities, IndiaMART InterMESH Wockhardt will release their quarterly earnings today.