Benchmark indices carried onto trade higher in Friday with BSE Sensex rising over 200 points and NSE Nifty above 10,600 in early trade. The Indian rupee rose to hit a 2-week high against dollar, tracking gains in its Asian peers.
Shares of PNB continued to fall today also after the bank lender detected a fraud of Rs 11,400 crore. A continued rise in the shares of ICICI Bank, Infosys and TCS pushed the headline indices in the positive zone.
Apart from the Nifty 50 index, almost all the sectoral indices traded in green excluding Nifty PSU Bank index. Nifty Bank, Nifty Metal, Nifty FMCG, Nifty Fin Service, Nifty IT, Nifty Pharma, Nifty Pvt Bank, and Nifty Realty rose up to 0.9%.
L&T, ICICI Bank, Reliance Industries, HDFC Bank and ITC gained 0.3 to 0.6 percent iin early hours,
BSE Sensex traded higher by 0.13%, to 34,341.24, while the Nifty rose 16.80%, to 10,562.30 in later morning hours.
Ambuja Cement (+2.33%), HCL Tech (+2.30%) TCS (2.18%) Infosys (+2.04%), and Dr.Reddy’s (+1.51%) were the top gainers on Nifty50.
Eicher Motors, Tech Mahindra, Adani Ports, HDFC and were the top losers in today’s trade at a tune of 1.36% to 0.69 percent.