Indian equities rebounded in early trade Friday after correction in previous session. The broader markets also opened higher with moderate gains. The 30-share BSE Sensex was up 65.17 points at 26584.24 and the 50-share NSE Nifty rose 24.60 points to 8178.20.
The BSE Midcap and Smallcap indices gained 0.3% each. Infosys, HDFC, Tata Motors, TCS, Maruti Suzuki and L&T advanced 0.2-1%.
Axis Bank gained further, up 0.5% after the bank has suspended 24 employees due to irregularities in exchanges and deposits of money.
Sun Pharma extended losses a bit, falling half a percent after losing over 4% in previous session. The Indian rupee has opened higher at 67.82 to the dollar compared with 67.83 in previous session.
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