The BSE Sensex and NSE Nifty opened on a positive note on Friday tracking global markets. (Express Photo)
10.59 am: Cadila Healthcare Ltd shares were up 2.63 per cent at Rs 443.00 after the company on Thursday said its net profits for the July-September quarter increased by 41 pe cent from Rs 278 crore to Rs 391 crore, helped by launch of new products in India and Mexico, and growth in sales of high-margin drugs in the US market. Sensex was up 233.32 points at 27,520.98. NSE Nifty was up 61.70 points at 8,313.40 during the same time.
9.41 am: The Indian rupee snapped its two-day falling streak and strengthened by 34 paise to 64.78 against the dollar in early trade on fresh selling of the US currency by exporters and banks amid sustained foreign funds inflows. Sensex was up 212.35 points at 27,500.01. Nifty as up 59.50 points at 8,311.20 during the same time.
9.24 am: Wipro stocks were trading 1.57 per cent down at Rs 568.80 after the company on Wednesday posted 7.2 per cent year-on-year rise in its consolidated net profit at Rs 2235.40 crore for the second quarter ended September 30, 2015.BSE Sensex was up 261.33 points at 27,548.99. NSE Nifty was up 73.30 points at 8,325.00 during the same time.
The BSE Sensex and NSE Nifty opened on a positive note on Friday tracking global markets. At 9.17 am, Sensex was up 212.58 points at 27,500.24. NSE Nifty was trading 64.55 points up at 8,316.25
Asian stocks rocketed higher on Friday after the European Central Bank signaled that it’s considering more stimulus to revive the continent’s ailing economy.
The S&P 500 closed at its highest in two months on Thursday as stronger-than-expected earnings from several top companies, including McDonald’s, relieved investors’ concerns about the profit outlook.
Britain’s top share index edged higher on Thursday, failing to match a sharp rally in euro zone shares after European Central Bank President Mario Draghi stoked prospects of further monetary easing, sending the euro lower.
Japan’s Nikkei share average rose sharply to a near two-month high on Friday after European Central Bank President Mario Draghi signalled that new stimulus measures could come as early as December, boosting riskier assets.
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