Markets open higher, Sensex gains 150 points; Nifty above 10,650
TIMESOFINDIA.COM | Updated: Nov 16, 2018, 09:49 ISTHighlights
- Sun Pharma, Reliance Industries, HDFC Bank, Wipro and Axis Bank were among the top performers on BSE, rising as much as 1,85 per cent
- On the NSE platform, sub-indices Nifty Pharma and Financial Service traced major gains, up as much as 1.34 per cent
The 30-share BSE index opened 152 points or 0.43 per cent higher at 35,413.NEW DELHI: Equity indices on Friday opened in green amid low global crude oil rates and firm rupee. The benchmark BSE Sensex surged over 150 points, while the broader NSE Nifty moved above 10,650.
The 30-share BSE index opened 152 points or 0.43 per cent higher at 35,413 and the the 50-share NSE index gained 41 points or 0.39 per cent to 10,658.
Sun Pharma, Reliance Industries, HDFC Bank, Wipro and Axis Bank were among the top performers on BSE, rising as much as 1,85 per cent. On the NSE platform, sub-indices Nifty Pharma and Financial Service traced major gains, up as much as 1.34 per cent.
The rupee firmed 10 paise to 71.87 on increased selling of the US currency by exporters and banks.
Besides, weakness in the greenback against some currencies overseas, increased foreign fund inflows and a higher opening of domestic equities supported the rupee, traders said.
Continuing its recovery momentum, the rupee had vaulted 34 paise to close at a two-month high of 71.97 against the US dollar on Thursday.
(With PTI inputs)
The 30-share BSE index opened 152 points or 0.43 per cent higher at 35,413 and the the 50-share NSE index gained 41 points or 0.39 per cent to 10,658.
Sun Pharma, Reliance Industries, HDFC Bank, Wipro and Axis Bank were among the top performers on BSE, rising as much as 1,85 per cent. On the NSE platform, sub-indices Nifty Pharma and Financial Service traced major gains, up as much as 1.34 per cent.
The rupee firmed 10 paise to 71.87 on increased selling of the US currency by exporters and banks.
Besides, weakness in the greenback against some currencies overseas, increased foreign fund inflows and a higher opening of domestic equities supported the rupee, traders said.
Continuing its recovery momentum, the rupee had vaulted 34 paise to close at a two-month high of 71.97 against the US dollar on Thursday.
(With PTI inputs)
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