Domestic equity markets opened higher on Friday tracking strong global cues. (Photo: PTI)
9.51 am: Sensex was up 344.70 points at 26,575.89.
9.33 am: Shares of BPCL turned ex-dividend on Friday, for dividend of Rs 22.50 per share for the year ended March 31, 2015.
9.30 am: Sensex and Nifty were up 269 points and 88.05 points at 26,500.24 and 8,037.
Domestic equity markets opened higher on Friday tracking strong global cues. The BSE Sensex and NSE Nifty opened 311.65 points and 104.75 points higher at 26,542.84 and 8,053.70.
All the sectoral indices on the Bombay Stock Exchange opened in green.
Asian stocks extended their recovery into the final trading day of the week as investors cheered a second day of gains in Chinese and U.S. markets.
On Thursday, the key benchmark indices soared over 2 per cent on the back of strong global markets amid F&O expiry. The BSE Sensex and NSE Nifty gained 516.53 points and 157.10 points at 26,231.19 and 7,948.95, respectively.
Adi Godrej, chairman, Godrej Group said, “I am bullish on Indian economy. Volatility in global markets has not affected the country much compared to others. Implementation of GST will drive our growth to double digits.”
Global Markets
New York: Wall Street rallied more than 2 per cent on Thursday as strong US economic data and hints that a September interest-rate hike was unlikely fueled optimism that the worst of recent market turmoil was over.
London: Britain’s top share index rose on Thursday, recouping all of its losses from this week’s bruising sell-off after strong US data calmed global markets rocked by concerns over Chinese growth.
Tokyo: Japan’s Nikkei share average surged more than 2 per cent on Friday, helped by further gains on Wall Street after strong US economic data buoyed sentiment that had been shaken by fears of a China-led global economic slowdown.
China: The Shanghai Composite Index in mainland China rose 1.2 percent to 3,120.25, adding to its 5.3 percent gain Thursday, which was its first increase in six days, during which it shed nearly 23 percent.
Hong Kong: The Hang Seng Index was up 0.79 percent.
(With inputs from agencies)
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