Nifty below 10,900, Sensex gains 100 pts; Indiabulls Housing falls 7%
Market Opens: It is a positive start for the Indian indices with Nifty around 10,900 on September 6.
The Sensex is up 152.84 points at 36797.26, while Nifty up 36.50 points at 10,884.40. About 386 shares have advanced, 199 shares declined, and 20 shares are unchanged.
PFC, REC, SBI, Bajaj Finance, Tech Mahindra. Tata Motors, Infosys, Vedanta, Bharti Airtel, are among major gainers on the indices, while losers are DLF, JSPL, Indiabulls Housing, Sun Pharma, HDFC Bank and Yes Bank.
Among sectors, except metal and pharma other indices are trading higher led by the IT, auto, infra, FMCG and bank. Midcap and smallcap are trading marginally higher.
Rupee Opens: The Indian rupee opened flat at 71.85 per dollar on Friday versus previous close 71.84.
Stocks in the news: Bajaj Finance, Tech Mahindra, TCS, Karur Vysya Bank, Datamatics Global