Open Market Stocks, IT Stock rise, Nifty above 12200

Market Updates

Indian stock market benchmark indices opened on a positive terrain on Friday tracking positive Asian stocks.

Meantime, the domestic currency – rupee – opened up at 71.29 per USD against the previous close of 71.33.

The BSE flagship Sensex traded higher by up 207 points at 41,667-level and the NSE front-line Nifty up 62 points at 12,236 at 9.38-am.

The entire sectoral indices on the Nifty are seen buying with maximum benefits in the Nifty, IT Auto, Media, and Banking.Get more information Nifty trading tips visit our website.

Yes Bank, Tata Motors, UPL, Zee Entertainment, and SBI are among major gainers in the Nifty, whereas IndusInd Bank, Eicher Motors, Gail India, DrReddys and Coal India led the major losses.

The Nifty IT index scaled up 141 points or 0.85 percent at 16,814.90. Major gainers were MindTree, NIIT Tech, Hexaware and HCL Tech by 1 to 2.58 percent.

Among the stocks reacted to results, Vodafone Idea advanced10 percent higher the company’s losses during the Q3FY20 stood at Rs.6,453-cr. Visit our website for share trading tips .

Shares of Bharat Petroleum (BPCL) scaled up 1,17 percent higher at Rs.474.50-per share after the company posted a net profit of Rs.2051.43-Cr.

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