Markets open higher, Top Stocks in Action

India share market benchmarks BSE Sensex rose over 75pts at 38682-level on Friday ahead of the release of key macro-economic data and Q4 results of TCS and Infosys. The NSE’s Nifty50 was also trading 16pts higher at 11612-levels at 10.20am

Shares of Infosys and TCS were trading up to 0.46% ahead of their quarterly earnings, scheduled for release later in the day. Other gainers in the 30-share pack include Asian Paints, ITC and HUL.

On the Nifty50 shares, Gail, Ultratech, Asian Paints, Adani Ports and Wipro were top gainers, while Hindalco, Indiabulls, UPL, Grasim and IOC were top losers.

The rupee depreciated 20ps or 29% to 69.12 against the US dollar at this time, while Brent crude futures were 0.27% higher at USD 71.02 per barrel.

As per provisional exchange data, FIIs bought equity worth Rs476.51crore on Thursday, while DIIs sold equities worth Rs16.58crore.