Benchmark Nifty50 hit a fresh high on Friday morning at 23,464 levels, up 0.11 per cent
Benchmark Nifty50 hit a fresh high on Friday morning at 23,464 levels, up 0.11 per cent, while BSE Sensex trades flat down marginally by 30 odd points or 0.03 per cent.
Read More: Stocks To Watch: Ambuja Cements, Adani Stocks, Wipro, Vi, Suzlon Energy, And Others
Powergrid, Wipro, Tata Motors, ICICI Bank, Infosys, Nestle India, Tata Steel and Reliance saw slight gains on Sensex, whereas Ultratech Cement, Maruti and HUL remained the top losers.
On Nifty 50 Hindalco, Britannia and Shriram Finance were among the top five leaders while NTPC and HCL Tech led the losses.
Broader indices also retained optimism on Friday morning, with the MidCap index rising 0.26 and the SmallCap index above 0.23 per cent.
Read More: GP Eco Solutions India IPO opens: Check price band, key details before subscribing
Global Cues
Markets in Asia-Pacific largely stayed in the red zone ahead of the Bank of Japan’s rate cut decision that is due today.
In the Asian market, Japan’s Nikkei 225 fell by 0.31 per cent higher, with the broader Topix index trading flat, down marginally by 0.03 per cent.
South Korea’s Kospi was down slightly by 0.1 per cent, while the small-cap Kosdaq index declined by 0.91 per cent.
Read More: Ambuja Cements share price jumps 3% today, analysts bullish on Adani firm stock
However, Australia’s S&P/ASX 200 slipped by 0.37 per cent. Meanwhile, Hong Kong’s Hang Seng index futures slided by 0.47 per cent.
Overnight on Wall Street, S&P 500 futures and Nasdaq 100 saw their fourth straight closing record, rising by 0.23 per cent and 0.34 per cent, respectively.
However, Dow Jones Industrial Average futures experienced a slight decline of 0.17 per cent.
