benchmark indices –Sensex, Nifty–were trading up on Friday, tracking mixed
trend with the Asian markets.
rupee opened Friday at Rs70.13, up 12ps against US dollar. Crude Oil prices continue
volatile on Thursday, touching an intra-day high of USD75pbl. The prices slipped
during early hours on Friday on hopes of higher supply by OPEC. Brent crude
futures touched at USD74.00 per barrel from their last close.
At around 10.00am, the BSE Sensex gaining 115-pts at 38,846 levels. The NSE Nifty was trading 44.3-pts higher at 11,685 levels.
Steel, BhartiInfratel, IndianOil, Cipla and BharatPetroleum were major Nifty50
contributors, whereas Tata Motors, MarutiSuzuki, HeroMotoCorp, GRAsim and
IndusInd Bank were among major losers.
the sectoral indices on the NSE, except Nifty Auto (-1.09pc) and Nifty Realty (-0.08pc),
were trading in the green.
of Tata Steel gained 5.14pc at this time after the company announced strong
Shares of Axis Bank climbed 1.69pc after the banks Net profit for the quarter came at Rs1,505cr.