Market Live:
Sensex opens flat; Nifty volatile ahead of F&O expiry; Lupin lower
Equity benchmarks opened Thursday's
trade on a flat note after yesterday's record closing high and ahead of expiry
of April futures & options contracts.
The 30-share BSE Sensex was up 42.84
points at 30,176.19 and the 50-share NSE Nifty gained 7.60 points at 9,359.45.
Lupin fell nearly 2 percent in
opening on USFDA observations for Goa plnat but recovered immediately.
Adani Ports rebounded 1.5 percent after
losing 2 percent in previous session. Tata Motors gained momentum further, up
over a percent ahead of April sales data due next week.
Kotak Mahindra Bank gained over a
percent ahead of earnings later today. HUL, M&M, Hero Motocorp and GAIL
were other gainers while Axis Bank, HDFC, ICICI Bank, Bharti Airtel, BPCL,
Hindalco and Bharti Infratel fell on profit booking.
The Indian rupee extended gains further
as it has opened at 64.05 per dollar today, higher by 7 paise over 64.12 a
dollar in previous session.
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