Buzzing: Shares of pharma major Cipla rose 2 percent in the early trade on Friday after it received establishment inspection report (EIR) from USFDA.
Crude Update: Oil prices fell on Friday, with Brent slipping away from the USD 70 mark after briefly rising above that level in the previous session, as traders fretted about progress in US-China talks to end a trade war.
Market Opens: Indian indices opened higher on Friday with Nifty trading above 11,600 level.
At 09:17 hrs IST, the Sensex is up 112.68 points at 38797.40, while Nifty is up 36.90 points at 11634.90. About 544 shares have advanced, 199 shares declined, and 43 shares are unchanged.
Yes Bank, Cipla, Titan, IndusInd Bank, M&M, Hero Moto, Vedanta, Zee Entertainment, Sun Pharma, IOC, are among major gainers, losers are Adani Ports, Britannia, Cola India, Bharti Airtel.
All the sectoral indices are trading in green led by metal, IT, auto and bank.
Rupee Opens: The Indian rupee opened higher by 9 paise at 69.07 per dollar on Friday against previous close 69.16.
Market at pre-open: Benchmark indices are trading higher in the pre-opening with Nifty around 11,650 level.
At 09:05 hrs IST, the Sensex is up 187.28 points or 0.48% at 38872.00, and the Nifty up 51.70 points or 0.45% at 11649.70.
Titan Company, Vedanta are among major gainers in the pre-opening session.
Wall Street ends higher: The benchmark S&P 500 stock index edged higher, nearing a six-month high on Thursday, with losses in technology stocks countered by gains in Boeing Co and Facebook Inc as investors waited for more clarity on the US-China trade talks.
SGX Nifty: Trends on SGX Nifty indicate a positive opening for the broader indices in India, a gain of 12.50 points or 0.11 percent. Nifty futures were trading around 11,697.50-level on the Singaporean Exchange.
Asia trade mixed: Asian share markets consolidated weekly gains on Friday as Sino-US talks dragged on with no concrete conclusions, while caution ahead of US payrolls and a holiday in China and Hong Kong dampened volatility.
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