The 30-share Sensex closed 181 points higher at 20,374 and the 50-unit Nifty ended 52 points up at 6,053.
Top houses decide to increase these to 20 bps from this month; many schemes were charging as little as 2 bps, leading to losses
Gains in IT majors helped offset most of the losses in rate sensitive shares.
Ranak Merchant, Technical Analyst - Strategies, Sushil Finance says that vote-on-account on Monday can cause some volatility in markets going ahead.
Check out the F&O trends in select stocks with Nitin Murarka, Head-Derivatives, SMC Global
The stock was down 3% to Rs 1,456 on reporting 34% yoy fall in net profit at Rs 2,234 crore for Q3FY14.
The wholesale price inflation, decelerated faster than expected, to ease to an eight-month low of 5.05% in January.
The stock dipped 11% in past six trading sessions after reporting 2% yoy decline in net profit at Rs 186 crore for Q3FY14.
Since January 30, the stock has rallied 57% compared to 1.9% fall in benchmark S&P BSE Sensex.
Benchmark indices are marginally higher amidst volatile trades on Friday morning, as index heavyweights TCS and Infosys gained by almost 1% each to turn the markets green.
The stock has rallied 12% to Rs 93, on reporting 123% yoy growth in net profit at Rs 13 crore for Q3FY14.
Check out the technical trends in select stocks with Shrikant Chouhan, Sr VP (Technical Research), Kotak Securities
The stock has soared 19% to Rs 96 on BSE, with a combined 8.8 million shares changed hands on BSE and NSE till 1020 hours.
The stock has surged 5% to Rs 63, after reporting 114% yoy growth in net profit at Rs 60 crore for Q3FY14.
HDFC, ICICI Bank, L&T, HDFC Bank and BHEL are the top Sensex losers at this hour.
Idea Cellular, Bharti Airtel, Reliance Communication and Tata Communication are up 2-5% on the BSE.
The 30-share BSE Sensex opened 91 points higher at 20,301 levels and the 50-unit NSE Nifty was up 29 points in opening deals.
The early indicator, SGX Nifty was up by 40 points at 6,037 at 0825 hrs.
Company registers a 4.6% (YoY) increase in revenues to Rs 508 crore
The company had posted a net profit of Rs 3,332 cr last year