Nifty hovers around 8250; Sheela Foam surges 39% to Rs 1018
The market has opened firm as the Sensex is up 105.86 points or 0.4 percent at 26800.14. The Nifty is up 24.85 points or 0.3 percent at 8271.70. About 223 shares have advanced, 41 shares declined, and 9 shares are unchanged.
Adani Ports, Hero MotoCorp, Bharti Airtel, Maruti Suzuki and Coal India while Dr Reddy's Labs and Wipro are losers in the Sensex.
The Indian rupee has opened lower by 14 paise at 67.49 per dollar on Friday versus previous close 67.35.
Asian shares flatlined but were on track for robust weekly gains, while the euro caught its breath after sliding when the European Central Bank trimmed the size of its asset purchase program and also extended it for longer than many had expected.
Major US stock indexes climbed again on Thursday and set fresh record highs as a month-long rally following the presidential election of Donald Trump rolled on. Investors have driven up equities since Trump's November 8 election over optimism about domestic economic stimulus and reduced corporate taxes and regulations.
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