Sensex Today: Benchmark indices Nifty and Sensex opened with minor gains on Friday, tracking positive global cues.
Sensex Today: Benchmark indices Nifty and Sensex opened with minor gains on Friday, tracking positive global cues.
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Sensex opened 0.10 per cent or 74 points higher at 72,478.27 levels while Nifty50 rose 0.17 per cent or 37 points higher at 21,994.80 levels.
On BSE, NTPC, Power Grid were among the top gainers, while Infosys, HDFC Bank were among the top losers.
Similarly, on NSE, BPCL, Bajaj Auto were among the top gainers, while Infosys, Britannia were the top laggards.
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In the broader market, Nifty SmallCap was trading 0.48 per cent higher at 16,072.60 levels while MidCap was up 0.46 per cent at 49,333.20 levels.
Sectorally, Nifty Oil & Gas led with a gain of 1.25 per cent, closely followed by Metals (up 1.17 per cent). Realty, meanwhile, rose 0.87 per cent.
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Global Cues
Asian stocks advanced on Friday, heading for a third consecutive week of gains, while the dollar remained under pressure due to new indications of a softening U.S. labor market. This bolstered optimism regarding potential interest rate cuts later this year, especially in anticipation of next week’s pivotal inflation data.
The Dow Jones Industrial Average closed higher on Thursday, the seventh straight daily advance for the benchmark, as all three major U.S. indexes gained after weekly jobless claims data offered fresh hope for interest-rate cuts.
