The National Stock Exchange (NSE) Nifty index opened on a positive note at the level of 10,331.55 from its previous closing level of 10,234.65. After the opening it surged and trading near 10,373.90, 139.25 points higher. (09:19 AM) On the other hand, the BSE-Sensex is higher by 400 points.
The top gainers among Nifty50 are Bajaj Finance, Hindustan Petroleum, Bajaj Finserv, and Yes Bank, however, the top losers are HCL Technology, TCS, and Infosys among others.
All sectoral indices are trading in the green, with maximum gains visible among banks, auto, metals, and pharmaceutical sectors.
Update: The Indian rupee gained in the early trade on Friday and opened higher by 29 paise at 73.83 per dollar versus 74.12 yesterday.
Update: Oil prices steadied on Friday after a market rout driven by sharp falls in equity markets.