After surging ahead from the opening sessions, the market held on to its extended gains, led by a rally in banks. The Sensex was up 131 points at 29465, while the Nifty jumped up 34 points at 9120. The market breadth was narrowing as 1,031 shares declined against an advancement of 1,435 shares. Around 169 shares were unchanged. Indian Rupee opened higher by 6 paise at 65.46 per Dollar.
The BSE Banking index rose and the Nifty Bank rose 1 percent each in trade on Friday, led by gains in Bank of India, Bank of Baroda, ICICI Bank, PNB, Federal Bank and Canara Bank.
ICICI Bank, SBI and Bank of Baroda were top gainers on the indices, while Bajaj Auto, TCS, Grasim and Tech Mahindra were the top losers.
Stock Recommendation By Expert
Sell Bharat Financial Inclusion Ltd at below: 833.76 Targets: 838.15 - 840.80 - 837.50 - 830.54 Stop loss : 841
Buy JISLJALEQS at above: 97.51 Targets: 99.95 - 95.55 - 90.75 - 94.25 Stop loss : 95.06
