Sensex, Nifty flat in a volatile trade; Infosys, ITC hold up
Equity benchmarks are experiencing bouts of volatility. Shares of Infosys, ITC, SBI and ICICI Bank are top support, while HDFC, Reliance Industries, Kotak Mahindra Bank and Axis Bank are top drags.
Market update: Around 09:20 hours IST, BSE Sensex was 46 points up at 39,066, while Nifty was flat at 11,581. ITC, State Bank of India and Infosys were the top gainers in the Sensex index, whereas Tech Mahindra, ONGC and Vedanta were the top losers.
Rupee update: The Indian rupee opened at 71.04 per dollar on Friday against the previous close of 71.02.
Stocks in the news: ITC, SBI, Tata Motors, Interglobe Aviation, Colgate, PNB Housing
SBI Q2 profit may grow sharply but get impacted on DTA adjustment; NII, loan growth seen over 10%
Results on October 25: Tata Motors, SBI, Marico, HDFC Asset Management Company, Arvind, Hikal, Infibeam Avenues, Jubilant Life Sciences, Reliance Capital, Ratnamani Metals, Strides Pharma Science, Supreme Industries, Tata Coffee, Tata Motors DVR, V2 Retail, Zuari Agro Chemicals
Results on October 26: ICICI Bank, Pfizer and Triveni Glass