Mumbai. Domestic stock markets opened with gains on Friday ahead of the Reserve Bank’s statement on repo and other policy rates. Sensex and Nifty registered gains in early trade on Friday. BSE Sensex rose 269.93 points to 74,629.94 in early trade while NSE Nifty rose 62.4 points to 23,478.95. Among the 30 companies included in the Sensex, shares of Tech Mahindra, Bajaj Finance, Mahindra & Mahindra, Bajaj Finserv, Eternal and Adani Ports were the biggest gainers.
Whereas shares of Tata Steel, Trent, Interglobe Aviation and Reliance Industries declined. In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 and Hong Kong’s Hang Seng were in decline, while China’s SSE Composite was in the rise. There is good growth in indices of all groups including auto, banking, finance, IT, pharma, health, consumer durables and chemicals. Investors are keeping an eye on his statement.
American markets closed with gains on Thursday. The price of international standard Brent crude remained around $ 95.40 per barrel. According to stock market data, foreign institutional investors (FIIs) were net sellers on Thursday and sold shares worth Rs 4,447.06 crore. On Thursday, Sensex closed with a slight gain of 13.84 points and Nifty with 10.95 points.
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