The market has cooled off a bit with
the Sensex up 97.23 points or 0.4 percent at 26940.37. The Nifty is up 25.30
points or 0.3 percent at 8244.25.
Axis Bank, HUL, Bajaj Auto, Hero MotoCorp and
ICICI Bank are top gainers while Lupin, Bharti Airtel, GAIL, TCS and Adani
Ports are losers in the Sensex.
Brent oil prices held around $50 a
barrel on Friday following an OPEC meeting that failed to agree on output
targets, but which was seen as supportive as Saudi Arabia pledged not to flood
the market with more fuel.
The Organization of the Petroleum
Exporting Countries (OPEC) failed to agree to a clear oil-output strategy on
Thursday as Iran insisted on raising production to regain market share lost
during years of sanctions, which were lifted in January.
