The Intraday market has opened on higher note once again
with the Nifty hitting 7300. The Nifty is up 30.10 points at 7306.50 and the
Sensex is up 127.32 points at 24501.72. About 678 shares have advanced, 82
shares declined, and 16 shares are unchanged. NTPC, Tata Power, Sesa Sterlite,
BHEL and Maruti Suzuki are top gainers in the Sensex. Among the top losers are
HDFC Bank, GAIL, Hindalco, Infosys and Wipro. The Indian rupee has opened flat
at 58.46 a dollar on Friday as against previous day's closing value of 58.47 a
dollar.
Global markets too closed in the green territory with US
stocks extending the prior day's rally. European shares closed slightly higher,
after wavering throughout the day following mixed manufacturing and services
data. Asian markets opened higher but geopolitical risks in Thailand and
Ukraine may limit gains.
In commodities, crude was trading near USD 110 supported by better-than-expected data on china's manufacturing industry and a large draw in US crude oil stocks. And precious metal gold saw a fall in its prices at USD 1295 as but a drop in holdings of the top bullion-backed fund to five-year lows kept gains in check.
In commodities, crude was trading near USD 110 supported by better-than-expected data on china's manufacturing industry and a large draw in US crude oil stocks. And precious metal gold saw a fall in its prices at USD 1295 as but a drop in holdings of the top bullion-backed fund to five-year lows kept gains in check.
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