The domestic equity markets opened in the green on Friday mirroring firm global cues.

The BSE Sensex was trading over 120 points up at 34,835.42 in early trade. The Nifty50 briefly reclaimed the crucial 10,700 level, last seen in February this year.

As many as 36 stocks in the Nifty index were trading higher with YES Bank gaining over 3 per cent, followed by Reliance (up 2 per cent), Indiabulls Housing Finance (up 1.39 per cent), Hindalco (up 1.18 per cent) and Asian Paints (up 1.13 per cent).

On the other hand, Bharti Airtel, Axis Bank, Wipro, TCS and HDFC were down between 0.40 per cent and 1.35 per cent.

Oil-to-telecom behemoth Reliance Industries and country’s biggest car maker Maruti Suzuki will announce their financial results on Friday later in the day.

YES Bank advanced after it reported a 29 per cent rise in March quarter net profit at Rs 1,179 crore bolstered by high loan growth and a dip in dud loans which boosted its core interest income.

For the fiscal year 2018-19, its net profit rose 26.9 per cent to Rs 4,224 crore.

The US markets closed higher on Thursday, following release of upbeat earnings news from several big-name companies, with shares of Facebook (FB) gaining up by 9.1 percent.