Indian shares opened a tad higher on Friday despite weak global cues.
The benchmark S&P BSE Sensex rose 105 points, or 0.2 percent, to 53,263 in early trade, with earnings optimism and falling oil prices offering some support.
The broader NSE Nifty index was up 34 points, or 0.2 percent, at 15,958.
ITC climbed 1.3 percent after announcing its foray into boutique lifestyle hotel segment.
HDFC Asset Management Company rallied 2.6 percent, Den Networks rose 1.1 percent and Just Dial advanced 1.5 percent ahead of their earnings results.
Wipro rose half a percent after surpassing its revenue guidance for the first quarter.
L&T Infotech fell 2.8 percent after declaring its June quarter results.
Bandhan Bank lost 2.4 percent. The lender registered a decline in advances and deposits on a quarter-on-quarter basis during the April-June 2021 period.
Havells India gained 1.5 percent as CARE Ratings reaffirmed AAA rating to the company’s long-term bank facilities.
Sensex, Nifty Inch Higher In Early Trade
2021-07-16 04:25:50
