Buzzing: Shares of Cyient were down around 8 percent as investors turned wary of the stock after December quarter results’ announcement.
The company’s profit has fallen 27 percent to Rs 92.3 crore, while revenue remain unchanged at Rs 1,187.7 crore quarter on quarter. The company, which was supposed to consider buyback, will do so at a later date.
Market Opens: Benchmark indices started the day on the positive note with Nifty holding above 10,900 mark.
The Sensex is up 64.75 points at 36438.83, while Nifty is up 14.70 points at 10919.90. About 429 shares have advanced, 312 shares declined, and 30 shares are unchanged.
RIL, HUL, Vedanta, Hero Motocorp, Grasim, Hindalco, ONGC are the gainers, while Sun Pharma is down 11% and Lupin, Au Small Finance, Jet Airways, Interglobe Aviation are the other major losers.
Rupee Opens: The Indian rupee opened flat at 71.06 per dollar on Friday versus previous close 71.05.
Market at pre-open: Indian indices trades higher in the pre-opening session with Nifty trading above 10,900 level.
At 09:03 hrs IST, the Sensex is up 101.03 points at 36475.11, while Nifty is up 8.10 points at 10913.30.
Reliance Industries gained 1.5 percent and Hindustan Unilever was up 3 percent in the pre-opening trade.
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