Sensex, Nifty Open Higher Led By IT Stocks
(RTTNews) - Indian shares traded higher on Friday despite mixed cues from global markets as resilient labor market data from the U.S. dampened expectations of multiple interest rate cuts by the Federal Reserve this year.
The benchmark S&P BSE Sensex rose 269 points, or 0.4 percent, to 72.118 in early trade, while the broader NSE Nifty index was up 83 points, or 0.4 percent, at 21,741.
Hero MotoCorp, Adani Ports, LTIMindTree, Wipro and SBI Life all were up around 2 percent.
NHPC jumped 5 percent after it signed a pact committing to an investment of Rs. 4,000 crores in Gujarat.
Nestle India fell more than 2 percent as shares turn ex-date for a stock split. Jupiter Wagons climbed 3 percent on receiving a Rs 473 crore contract from the Defence Ministry.
Inter Globe Aviation gained about 1 percent after Indigo removed the fuel charge on domestic and international flight tickets.
Canadian Dollar Falls Against Most Majors
Canadian Market Modestly Higher; Technology Stocks Among Notable Gainers
Swiss Market Ends Marginally Up
Major European Markets Close On Mixed Note
Positive Start Seen For Canadian Stocks
UK Market Roughly Flat; Mining Stocks Move Higher
CAC 40 Climbs Higher For 3rd Straight Day
