The market has opened February Futures and Options (F&O) series on a strong note with the Nifty above 8600. The Nifty is up 22.05 points or 0.3 percent at 8624.80 while the Sensex is up 122.76 points or 0.4 percent at 27830.90.
GAIL, BHEL, ICICI Bank, TCS and Sun Pharma are top gainers while Wipro, Dr Reddy's Labs, Lupin and Tata Steel are losers in the Sensex.
The Indian rupee opened lower by 10 paise at 68.18 per dollar on Friday versus Wednesday's closing of 68.08. Bhaskar Panda of HDFC Bank said, “The dollar index has recovered from 7-week lows. We expect the USD-INR to trade in a range of 68.05-68.25/dollar today.”
The dollar gained versus the Mexican peso after Mexico's president, Enrique Pena Nieto, said he would not attend a previously scheduled meeting with Donald Trump. Also the dollar index rebounded from 7-week lows.
Asian markets were trading positive in early morning trade. Nikkei was up over 0.30 percent as investors digested better-than-expected inflation data. December core consumer prices fell 0.2 percent year-on-year, at its slowest since February.
GAIL, BHEL, ICICI Bank, TCS and Sun Pharma are top gainers while Wipro, Dr Reddy's Labs, Lupin and Tata Steel are losers in the Sensex.
The Indian rupee opened lower by 10 paise at 68.18 per dollar on Friday versus Wednesday's closing of 68.08. Bhaskar Panda of HDFC Bank said, “The dollar index has recovered from 7-week lows. We expect the USD-INR to trade in a range of 68.05-68.25/dollar today.”
The dollar gained versus the Mexican peso after Mexico's president, Enrique Pena Nieto, said he would not attend a previously scheduled meeting with Donald Trump. Also the dollar index rebounded from 7-week lows.
Asian markets were trading positive in early morning trade. Nikkei was up over 0.30 percent as investors digested better-than-expected inflation data. December core consumer prices fell 0.2 percent year-on-year, at its slowest since February.
SELL IBREAL FUTURE BELOW 79.50 TG 79.10, 78.50, 77.50 SL 80.10,
SELL IDFC BANK FUTURE BELOW 63 TG 62.60, 62, 61 SL 63.60,
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