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MARKET LIVE: Indices off highs, Nifty around 10,100; RIL hits new high

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MARKET LIVE | Markets | Tata Motors

SI Reporter  | New Delhi 

EVENT HIGHLIGHTS

Markets continue to rally on RBI policy fillip; Sensex rises 164 points
The Indian were trading flat with a positive bias on Friday, in line with the trends in most Asian indices.

The S&P BSE Sensex was up 40 points at 34,240 levels and the Nifty50 index hovered around 10,100-mark. Bajaj Finance, up 4 per cent, and ONGC, up 2 per cent, were the top gainers in the Sensex pack. 

Reliance Industries scaled a new lifetime high of Rs 1,684 on the BSE after group chairman Mukesh Ambani said the conglomerate was now net debt-free after recent investments in its digital arm. He also said that RIL will list two group companies in five years. READ MORE

The trend among the Nifty sectoral indices was largely positive, led by Nifty PSU Bank index, up 1.2 per cent.

In the broader market, the S&P BSE MidCap index and the SmallCap index climbed 0.6 per cent and 1 per cent, respectively.

Results today

A total of 46 companies, including Punjab National Bank, LIC Housing Finance, and are scheduled to announce their March quarter earnings today.

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