Nifty opens above 10,950, Sensex up 100 pts; Gruh Finance, Adani Green in focus
Market Opens: It is a positive start for the Indian indices on August 30 with Nifty around 11,000 level.
At 09:16 hrs IST, the Sensex is up 173.59 points or 0.47% at 37242.52, and the Nifty up 48.50 points or 0.44% at 10996.80. About 364 shares have advanced, 146 shares declined, and 22 shares are unchanged.
JSW Steel, Vedanta, Tata Motors, Indiabulls Housing, Adani Green Gruh Finance, Power Grid, Yes Bank, Bajaj Finserv, Hero Moto, ITC are among major gainers on the indices in the early trade, while losers are Bharti Infratel, HCL Tech, Coal India, Cipla, BPCL and Sun Pharma.
Among sectors, except pharma and IT, other indices are trading higher led by the FMCG, metal, auto and infra
Rupee Opens: The Indian rupee opened flat at 71.78 per dollar on Friday versus Thursday's close 71.80.
Stocks in the news: HDFC Bank, Wipro, Adani Green, Future Retail, Lokesh Machines, Premier Explosives