Share Market Opening: After yesterday’s decline in benchmark indices, Sensex posted more than 150 points on a positive note on Friday. The Sensex at 35477.57 is up 165,44 points or 0,47 percent, while the Nifty at 10638.30 is up 37,10 points or 0,35 percent. Approximately 465 shares have decreased, 128 shares have decreased and 28 shares have not changed.
Variation in Sectors: All Nifty sector indexes were gained except the IT index, which decreases by ~1%
Variation in Scrip: IOC, HPCL, Hindalco, M&M, Dr. Reddy ‘s Lab, Vendata, ICICI Bank, Bajaj Auto and Sun Pharma are among the largest index winners, while HCL Tech, Yes Bank, Tata Motors and Gail India are lower traders.
Rupees variation: The Indian rupee increased compared to the US dollar after crude oil prices fell below 60 dollars per barrel after OPEC postponed its decision on cutting output. Traders await the results of the exit poll for five state elections due today after market hours.
Wrapping News: India’s BSE Sensex and Nifty 50 indices advanced today after US Federal Reserve reported a pause in rate hikes. Investments in finance, healthcare and FMCG improved Indian shares. The HDFC Bank, ITC and ICICI Bank have contributed significantly to the Sensex Rally. On the other hand, metal and IT and metal stocks traded down.
Result Today: Brahma Infra, IFCI.