Mumbai: Equity benchmark indices traded early in the early hours of Friday morning as the Reserve Bank of India (RBI) maintained the status quo on key interest rates.
At 10:25 a.m., the BSE S&P Sensex rose 94 points or 0.18 percent to 52,327, while the Nifty 50 rose 31 points or 0.2 percent to 15,721.
Except for Nifty FMCG and metal which fell slightly, all other sector indices on the National Stock Exchange were in the positive territory, with Nifty real estate up 1.2 per cent and the private bank up 0.3 per cent.
Among the stocks, Coal India, Larsen & Toubro, ONGC, Asian Paints and HDFC Life were the early winners with a thin margin.
Those who lost, however, were Hindalco, Nestle India, Eicher Motors, Cipla and Hindustan Unilever.
Meanwhile, Asian equities followed Wall Street lower, as signs of a strengthening US recovery boosted bets for higher inflation and an earlier increase in Federal Reserve stimulus.
The Japanese Nikkei fell 0.8 percent, while MSCI’s broadest index of Asia-Pacific stocks outside Japan fell 0.3 percent.
Source: Telangana Today