The Indian markets opened higher on Friday amid buying in Infosys, IndusInd Bank and HDFC Bank among others, while HCL Tech, Infosys and Mindtree are the most active stocks.
HCL Technologies share price declined 2 percent after company posted its September quarter results. It has reported September quarter net profit at Rs 3,142 crore.
At 9:40 hours, the 30-share benchmark index was trading at 39990.2 up by 261.79 points or by 0.66 % and then NSE Nifty was at 11736.4 up by 56.05 points or by 0.48 %.
Sensex touched intraday high of 40125.71 and intraday low of 39911.55 The NSE Nifty touched intraday high of 11784.1 and intraday low of 11725
The top gainers of the BSE Sensex pack were IndusInd Bank Ltd. (Rs. 610.10,+1.99%), Kotak Mahindra Bank Ltd. (Rs. 1332.20,+1.77%), Oil And Natural Gas Corporation Ltd. (Rs. 67.00,+1.52%), Power Grid Corporation of India Ltd. (Rs. 157.75,+1.41%), NTPC Ltd. (Rs. 80.00,+1.33%), among others.
The top losers of the BSE Sensex pack were HCL Technologies Ltd. (Rs. 825.00,-4.01%), Mahindra & Mahindra Ltd. (Rs. 804.60,-0.94%), Nestle India Ltd. (Rs. 15484.15,-0.70%), Sun Pharmaceutical Industries Ltd. (Rs. 487.45,-0.60%), Asian Paints Ltd. (Rs. 2078.45,-0.52%), among others.
Among the sectors, Bankex index was at 26522.21 up by 352.45 points or by 1.35%. Federal Bank Ltd. (Rs. 52.80,+2.03%), IndusInd Bank Ltd. (Rs. 610.10,+1.99%), Kotak Mahindra Bank Ltd. (Rs. 1332.20,+1.77%), Bandhan Bank Ltd. (Rs. 307.65,+1.30%), RBL Bank Ltd. (Rs. 169.20,+1.26%),.
CDS index was at 27288.96 down by -104.13 points or by -0.38%. TTK Prestige Ltd. (Rs. 5650.05,-1.39%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 1796 , shares advanced were 1191 while 515 shares declined and 90 were unchanged.