 "Financials lift Sensex 150 points higher")
Markets have marginally come off day highs in noon deals with the benchmark indices gaining 0.8% each. At 1240 hrs, the Sensex was up 158 points at 20,694 and the Nifty gained 52 points to trade at 6,143.
The ones leading the gains in noon deals were ITC, ICICI Bank, HDFC and Infosys.
The broader markets were resilient with both the mid and smallcap indices adding gains of 0.7% each.
The rupee is trading higher at 62.16 per dollar versus its close of 62.26/27 on Thursday.
A dealer says USD/INR direction to be flow-based with no major cues.The pair is expected to hold in a 62 to 62.50 range during the day, dealers say.
Sectors & Stocks
All the sectoral indices, except Realty index down 0.2%, were in the green territory. FMCG and banking index added over 1% each.
IT, Metal and Oil & Gas indices gained between 0.7-0.8%.
Bharti Airtel and BHEL down over 1% each were the top losers among Sensex-30 scrips.
Hero MotoCorp, Sun Pharma, Cipla, HUL and NTPC losing 0.2-0.8% rounded off the losers list.
Among the top gainers were banking majors ICICI Bank and Axis Bank up 2-3%.
Tata Steel, ITC, Wipro, Tata Power, SBI, L&T and Dr Reddys Lab up 1-1.5% were the other notable gainers.
The market breadth was very positive on the BSE. 1375 stocks advanced while 987 stocks declined.
Global Markets
A survey showing brisk U.S. manufacturing activity gave Asian stock markets a lift on Friday and bolstered the dollar, though underlying concerns about China's economic growth could keep investors from rushing to buy some emerging market assets.
Japan's Nikkei share average led the way, climbing 2.9% while Australian shares tacked on 0.4% to edge near a five-year peak hit in October.
MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.6%.
The ones leading the gains in noon deals were ITC, ICICI Bank, HDFC and Infosys.
The broader markets were resilient with both the mid and smallcap indices adding gains of 0.7% each.
Also Read
Rupee
The rupee is trading higher at 62.16 per dollar versus its close of 62.26/27 on Thursday.
A dealer says USD/INR direction to be flow-based with no major cues.The pair is expected to hold in a 62 to 62.50 range during the day, dealers say.
Sectors & Stocks
All the sectoral indices, except Realty index down 0.2%, were in the green territory. FMCG and banking index added over 1% each.
IT, Metal and Oil & Gas indices gained between 0.7-0.8%.
Bharti Airtel and BHEL down over 1% each were the top losers among Sensex-30 scrips.
Hero MotoCorp, Sun Pharma, Cipla, HUL and NTPC losing 0.2-0.8% rounded off the losers list.
Among the top gainers were banking majors ICICI Bank and Axis Bank up 2-3%.
Tata Steel, ITC, Wipro, Tata Power, SBI, L&T and Dr Reddys Lab up 1-1.5% were the other notable gainers.
The market breadth was very positive on the BSE. 1375 stocks advanced while 987 stocks declined.
Global Markets
A survey showing brisk U.S. manufacturing activity gave Asian stock markets a lift on Friday and bolstered the dollar, though underlying concerns about China's economic growth could keep investors from rushing to buy some emerging market assets.
Japan's Nikkei share average led the way, climbing 2.9% while Australian shares tacked on 0.4% to edge near a five-year peak hit in October.
MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.6%.