Indian stock market indices opened higher on Friday on strong global cues. Meantime, the Indian rupee too rose by 18-ps per at 71.79/USD.
At around 9.45-AM, the BSE Sensex rose 191-points to 40,477 and the NSE Nifty added 49-points to 11,921 with top gains by SBI and Tata Motors on both benchmarks.
The other gainers followed in the Nifty are Bharti Infratel, Bharti Airtel and Gail India, whereas Cipla, IOC, BPCL, Titan, and TCS led the losses.we provide best Stock Tips and Free stock Tips visit our websites.
Among sectoral indices, except Pharma and Realty, all the indices are witnessing buying pressure, with maximum gains in Nifty PSU Bank, which traded higher by 3.07%, followed by Auto, up by 1.03% and the Nifty Bank, up by 0.84%.
Media, metal, FMCG and IT are also trading higher up to 0.76%.
Among stocks, Vodafone-Idea slipped 1.69% after reporting a net loss of Rs.50,900-cr in September.
Shares of State bank of India (SBI) rose more than 2.94% to Rs.315-per share after the Bank had approved its divestment stake in SBI Cards.
Among a few companies report their quarterly results today include RCom, Tata Tele-Services, IL&FS Engg and Vadilal Industries.