The National Stock Exchange (NSE) 50-share benchmark index Nifty50 opened on a flat to positive note at the level of 10,859.75 from its previous closing level of 10,849.80. However after the opening it couldn’t sustain its opening level and surged above to 10,900 levels and trading near 10,920.35, 70.55 points up. (09:25 AM IST)
The top gainers among Nifty50 are Yes Bank, Infratel, UPL, India Bulls, and Axis Bank however the top losers are Zeel Entertainment, Ultratech Cement, Hero MotoCorp, GAIL India, and ICICI Bank etc.
Rupee Update: The Indian Rupee opened on a higher note at 71 per dollar on Friday against previous close 71.07.
Oil Update: The US threat of sanctions on Venezuela drove the US Oil prices which rose by 1 percent.