Market Live:
Sensex opens 150 pts higher, Nifty around 9500; ITC up 5%
Benchmark indices witnessed a gap-up opening on Friday, following the
negative previous session, as the Street cheered the rates for the new goods
and services tax (GST).
The Sensex was up 152.79 points at 30587.58, while the Nifty was up 40.40
points at 9469.85. The market breadth was healthy as 642 shares advanced
against decline of 154 shares, while 37 shares were unchanged.
ITC was the biggest gainer, soaring 5 percent, as the GST rates sprung no
surprises to the Street. This was followed by Hindustan Unilever (HUL), Bank of
Baroda. Meanwhile, Asian Paints and Infosys witnessed some profit booking after
Thursday’s rally and lost the most.
The Indian rupee gained in the early trade on Friday. It has opened
higher by 6 paise at 64.78 per dollar versus previous close 64.84.
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