Trends on SGX Nifty indicate a positive opening for the broader indices in India.
Market Opens: It is flat to a positive start for the benchmark indices for the first day of the July series with Nifty around 11,850.
At 09:16 hrs IST, the Sensex is up 66.54 points at 39652.95, while Nifty is up 26.80 points at 11868.30. About 360 shares have advanced, 216 shares declined, and 22 shares are unchanged.
IOB, Tech Mahindra, Wipro, Dr Reddy’s Lab, Sun Pharma, UPL and Britannia Industries are among major gainers on the indices in the early trade, while losers are Bank of Baroda, ICICI Bank, Zee Entertainment, Titan, Bharti Airtel, Cox & Kings and Suzlon Energy.
All the sectoral indices are trading marginally higher led by the pharma, IT, FMCG and energy.
Asian markets trade higher: Share markets in Asia edged higher early on Friday morning as investors clung on to hopes that a highly anticipated meeting between U.S. President Donald Trump and Chinese President Xi Jinping this weekend could lead to an easing of trade tensions.
Market at pre-open: Indian indices are trading higher in the pre-opening session.
At 09:01 hrs IST, the Sensex is up 105.38 points or 0.27% at 39691.79, and the Nifty up 25.50 points or 0.22% at 11867.
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