NEW DELHI: Markets are likely to continue its upward movement on Friday after witnessing better-than-expected earnings in the June quarter.
FMCG major
ITC and Bharti Airtel’s earnings in the first quarter are also expected to uplift the investors’ sentiments.
On Thursday, The 30-share
Sensex had surpassed the 37,000-mark for the first time in history to touch a high of 37,061.62 (intra-day) after a bout of choppy trade, breaking its previous high of 36,947.18 hit yesterday.
It shed some ground on profit-booking, before finally ending 126.41 points, or 0.34 per cent higher at new peak of 36,984.64.
The gauge has now gained 507 points in four days.
The
NSE Nifty had also hit a record intra-day high of 11,185.85, before finishing at a fresh record of 11,167.30, up 35.30 points, or 0.32 per cent.
SBI (State Bank of India), Axis Bank, ICICI Bank and Vedanta are among the few stocks to watch today.
(With PTI inputs)
