Amongst the sectoral indices, all indices barring Nifty Realty were trading in the green with Nifty Bank at record highs at 31,775.80.
Benchmark indices open higher for the June series with Nifty above 12,000 and Sensex touching 40,000, as markets cheer the return of PM Narendra Modi as for a second term on hopes of a stable government.
The GDP data for the March quarter and fiscal deficit will be announced later in the day.
Major contributors to Sensex were HDFC Bank, TCS, L&T, and Infosys among others.
Amongst the sectoral indices, all indices barring Nifty Realty were trading in the green with Nifty Bank at record highs at 31,775.80.
Currently, Sensex is trading at 40,112 levels, up 280 points, while Nifty is at 12,027 levels, up 82 points.
Shares of Dr Reddy’s Lab gained 1% in the early morning trade on Friday. The company has received the Establishment Inspection Report (EIR) from USFDA, for Miryalaguda plant, indicating closure of the audit and the inspection classification of this facility is determined as Voluntary Action Initiated (VAI).
Shares of Coal India were trading 5% higher on Friday after the company beat estimates for Q4FY19 aided by good volume and realization growth.
The most active stocks on the NSE are NCC, Coal India, RIL and TCS.
Volatility Index, India VIX is down 2.97% at 15.14.
The GDP data for the March quarter and fiscal deficit will be announced later in the day.
Major contributors to Sensex were HDFC Bank, TCS, L&T, and Infosys among others.
Amongst the sectoral indices, all indices barring Nifty Realty were trading in the green with Nifty Bank at record highs at 31,775.80.
Currently, Sensex is trading at 40,112 levels, up 280 points, while Nifty is at 12,027 levels, up 82 points.
Shares of Dr Reddy’s Lab gained 1% in the early morning trade on Friday. The company has received the Establishment Inspection Report (EIR) from USFDA, for Miryalaguda plant, indicating closure of the audit and the inspection classification of this facility is determined as Voluntary Action Initiated (VAI).
Shares of Coal India were trading 5% higher on Friday after the company beat estimates for Q4FY19 aided by good volume and realization growth.
The most active stocks on the NSE are NCC, Coal India, RIL and TCS.
Volatility Index, India VIX is down 2.97% at 15.14.
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Call on:9977499927
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
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