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The Sensex rose nearly 170 points to 32,350 while the Nifty50 index gained over 50 points to 10,148. Positive Asian shares also boosted sentiments.
Indian equity indices opened higher on Friday amid broad-based buying across sectors. The Sensex rose nearly 170 points to 32,350 while the Nifty50 index gained over 50 points to 10,148. Positive Asian shares also boosted sentiments. Asian stocks edged to a 10-year high on Friday on expectations of brisk global growth.
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.15 percent, having gained 3.6 percent so far this month. Japan's Nikkei edged up 0.2 percent to another 21-year high. Among Nifty stocks, Bharti Airtel was the top gainer, up nearly 7 percent at Rs. 430. Analysts say Bharti Airtel's deal to acquire the consumer mobile business of Tata Teleservices and Tata Teleservices Maharashtra is earnings accretive. Bharti Infratel, Yes Bank, UltraTech Cement and Tata Steel were the other prominent gainers in the Nifty rising between 1.2 percent and 4 percent.
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