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Today, the Andhra Pradesh govt told Microsoft India will be setting up a Centre of Excellence in Visakhapatnam as part of its digital inclusion drive in the state, besides sharpening focus on increasing productivity. Microsoft CEO Satya Nadella had a breakfast meeting & is currently on a visit to Hyderabad today.

Today, Shares of telecom operators were little changed in early trade after the Mukesh Ambani -led Reliance Jio Infocomm launched its much-awaited 4G service on yesterday, setting the stage for intense competition in the burgeoning $50 billion local telecom industry.

Today, The S&P BSE Sensex unlocked on a flat note in morning trade, led by gains in HDFC, ITC, HDFC, Tata Motors and Bharti Airtel. The Nifty50 unlocked flat, but was still trading above its critical support level of 7,900, supported by gains in power, metal, realt, and capital goods stocks.

Today, the 30-share index was trading at 25,965,went up 5 points or 0.02 per-cent. It reached a high of 26000.24 & a low of 25,953.25 in early morning trade.

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Today, Crude oil futures plummeted over 1 per-cent in the native market while tumbling to a 6 year low in the overseas market as investors, observers and speculators regained to a heavy sell-off in the energy commodity amidst continued fears that a global oil glut may exacerbate due to the fallout of the OPEC's decision to maintain production at high levels, and sluggish world wide growth of economy which may weaken requirement.

The 30-share index was trading at 24,932 down 111 pts or 0.45 per-cent. It reached a high of 24,949.39 & a low of 24,867.73 in early morning trade.

FOMC - Closing months of speculation, observation and for the 1st time in the decade, the US Fed Reserve's rate-setting Fed Open Market Committee (FOMC) increased its Fed Funds Rate by 25 basis pts from the 0-0.25 per-cent range to a target of 0.25-0.5 per-cent.

Air India announced two special schemes for passengers, which could enable them to ring in 2016 year in style. The promotional offers are New Year Special & Lucky 1st.Click For Commodity tips

Today's news : Asian equities delivered some last-minute Christmas cheer, continuing to rally on the last full trading day of the week before the holiday. Oil prices recovery boosted energy stocks in the areas, with US crude nearly 1 per-cent high in Asia trading following a 4 per-cent rally overnight.

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