The positive momentum continued in early trade
Friday with the Sensex rising 211.86 points to 27917.21 and the Nifty climbing
50.10 points to 8471.90.
About 1065
shares have advanced, 332 shares declined, and 85 shares are unchanged on the
BSE. Cipla, GAIL, Dr Reddy's Labs, ICICI Bank and Coal India rallied 1.2-1.6
percent.
However, Kotak Mahindra Bank fell 3 percent post Q1
earnings. ITC, Maruti Suzuki, L&T, PNB, Bank of Baroda and Power Grid Corp
declined. In important earnings, Larsen and Toubro (L&T) will report its Q1
numbers today.
The Indian rupee slipped in the early trade. It has
opened lower by 6 paise at 64.10 per dollar against previous close of 64.04.
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