After a mid-week
holiday, the Intraday market opened on a higher note. The Sensex is up 75.79
points at 22493.59, and the Nifty is up 15.45 points at 6711.85. About 242
shares have advanced, 53 shares declined, and 13 shares are unchanged.
- Hero MotoCorp, HDFC Bank, BHEL are top gainers in the Sensex. The Indian rupee opened higher by 10 paise at 60.22 per dollar versus 60.32 Wednesday. The dollar struggled to make any headway, still languishing near a three-week trough against a basket of major currencies as investors stayed on the sidelines ahead of a closely watched US employment report.
- The Asian Intraday markets drew scant impetus from Wall Street, which closed little changed ahead of the jobs report. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.1 percent in early trading, while Japan's Nikkei stock average lost 0.2 percent.
- In commodities, Brent oil was pressured by lackluster Chinese economic data and expectations for a rebound in Libyan oil exports while US crude also fell on news that stockpiles reached multi-decade highs.
- From the precious metals space, gold prices remained flat after a 1 percent cut on Thursday, after the Federal Reserve announced a further cut in its stimulus programme and reiterated its confidence in the US economic outlook despite weak first-quarter growth.
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