Nifty ends at fresh life-time high

The broader Nifty after scaling an all-time high of 10,690.40 points finished at 10,681.25 up 30.05 points or 0.28 per cent

European Shares To Open Higher Despite Slumping Dollar

European stocks were little changed in early trade as the euro continued its ascent against the dollar to hit a three-year high amid signs that the European Central Bank may wind down its 2.55 trillion euro ($3.07 trillion) bond purchase scheme this year.

Globally, Asian stocks closed mostly higher after oil prices rallied overnight and China dismissed media reports that officials have recommended slowing or halting purchases of USA debt.

The NSE Nifty opened higher at 10,682.55 and moved in a range of 10,690.40 and 10,597.10 before ending at 10,681.25, up 30.05 points, or 0.28 per cent.

U.S. stocks closed at record highs yesterday as investors bet economic growth would pick up steam. On the other hand, realty index fell 1.46 per cent, FMCG 0.52 per cent, power 0.47 per cent and healthcare 0.34 per cent.

For Infosys, the IT major is expected to report a profit for the quarter at Rs 3,609 crore, down 3.14 percent compared to Rs 3,726 crore in previous quarter, according to an average of estimates of analysts polled by CNBC-TV18.

European Markets Drop After Euro Surges
The antipodean currencies were mixed, with aussie/dollar trading almost 0.3% higher, but kiwi/dollar being marginally lower. It's up another 0.8 percent at $1.2113, just shy of its earlier high of $1.2138, its highest level since the end of 2014.

On the National Stock Exchange (NSE), the wider Nifty50 edged higher by 30.05 points or 0.07 per cent to close at 10,681.25 points.

Notable gainers were Adaniports 1.48 per cent, Wipro 1.37 per cent, Coal India 1.37 per cent and ONGC 0.41 per cent.

Back home, the breadth, indicating the overall health of the market, was strong.

Among BSE sectoral indices, oil & gas index gained the most by 0.69 per cent, followed by banking 0.5 per cent, capital goods 0.48 per cent and metal 0.45 per cent. A total of 48 shares were unchanged.

The company's consolidated net profit rose 1.31% to Rs 6545 crore on 1.18% growth in net sales to Rs 30904 crore in Q3 December 2017 over Q2 September 2017.

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