Sensex surges
400 points in opening, Nifty above 10,350; banks lead the way
Market opens After the drubbing yesterday, equities
have begun the session on a strong note. The Nifty has soared past 10,350,
while the Sensex is higher by 400 points.
All sectoral
indices are trading in the green, with maximum gains visible among banks, auto,
metals and pharmaceutical sectors. The Nifty Midcap index is higher by 2
percent.
The Sensex is up
419.39 points or 1.23% at 34420.54, while the Nifty is higher by 135.10 points
or 1.32% at 10369.80. The market breadth is positive as 624 shares advanced,
against a decline of 168 shares, while 2635 shares were unchanged.
The Indian rupee gained in the early
trade on Friday. It has opened higher by 29 paise at 73.83 per dollar versus
74.12 yesterday.
Stocks in the news: TCS, GM Breweries, HUL, Bank of Baroda,
OnMobile Global, PNC Infratech
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