The Sensex, Nifty opened in the green on Friday morning. The domestic market is trading higher tracking positive trade in Asian markets even as investors weighed the prospect of a higher interest-rate environment in the U.S.

Nifty closed with a gain of 142 points at 8,107, while BSE Sensex closed at 26,316, up 456 points or 1.76% from the previous close at 25,860.17 points.

On the economy front, PM Narendra Modi pushed for the need to move towards a digital economy, saying that people have the right to use their money, but that can also be done digitally.

Sun Pharma rose 1%. The US drug regulator has found seven breaches of manufacturing standards at Sun Pharmaceutical Industries Ltd’s formulations plant in Mohali, Punjab, following a recent inspection.

SpiceJet rallied 4.4%. The company will announce its Q2 numbers today.

Jagran Prakashan gained 1.5%. The company said its subsidiary Music Broadcast will raise up to Rs 400 crore through initial public offer.

Vardhman Textiles advanced 1.3%. The board of the company has approved buyback proposal for up to Rs 720 crore.

Reliance Industries is trading marginally lower on the BSE. A flash fire broke out at Reliance Industries’ Ltd refinery complex at Moti Khavdi near Jamnagar on Thursday in which some contract workers were injured, the company said.

Wipro rose 2.2%. The company has informed bourses that it has granted 5,000 Restricted Stock Units under Restricted Stock Unit Plan 2007 effective November 1, 2016 to its identified employee.

Khaitan (India) jumped 4.7%. The company has infomed bourses that it has submitted an application for reference to the Board for Industrial and Financial Reconstruction (BIFR) as it has become a sick industrial company pursuant to the provisions of Sick Industrial Companies (Special Provisions) Act, 1985 (SICA).

Jindal Poly Films dropped 2.9%. The company reported a consolidated net profit of Rs 77 crore for the September quarter, lower than the Rs 99.9 crore in the year-ago period.

Talwalkars Better Value Fitness climbed 3.6% after the management has decided to demerge gym business, thereby transferring gym business of TBVFL to TLL, in the interest of maximising overall shareholder value.

TCS rallied 2.5%. Tata Consultancy Services is rethinking how it appraises its over 3,70,000 employees after scrapping the Bell Curve model.

Sterlite Technologies zoomed 3%.The company informed bourses that Crisil has upgraded the Long term credit rating to ‘CRISIL AA-/Stable’ from ‘CRISIL A+/Watch Developing’ and Short term credit rating have been upgraded to ‘CRISIL A1+’ from ‘CRISIL A1 /Watch Developing’.

LT Foods gained 2.3%. The company has inked a 51:49 joint venture with Kameda Seika, to sell rice-based snacks in India.

Natco Pharma inched up 1% after the pharma company has received final approval from the US health regulator for generic version of Budesonide capsules used for treatment of active Crohn’s disease for the American market.

YES Bank gained 2% To Rs 1,143. The bank announced a partnership with Gujarat State Road Transport Corporation (GSRTC) to digitise payment of bus tickets for its customers.

DLF Ltd is currently trading at Rs 110.6, down by Rs 2.55 or 2.25% from its previous closing of Rs 113.15 on the BSE.

The Indian rupee opened marginally higher by one paise at 68.72/$ against the previous close of 68.73/$.

Out of 1,874 stocks traded on the NSE, 269 declined, 1,213 advanced and 392 remained unchanged today.

Top 5 Nifty Gainers: Bharti Airtel (3.17%), Hero MotoCorp (2.33%), NTPC (1.89%), Bajaj Auto (1.56%) and ITC Ltd. (1.49%).

Top 5 Nifty Losers: SBI (-1.99%), ICICI Bank (-1.77%), TCS (-1.18%), Wipro (-1.13%) and Lupin Ltd. (-0.95%)

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This was the biggest loss in a series for both the Sensex and Nifty since August 2013. Finally, the BSE Sensex ended with a loss of 192 points at 25,860. The BSE Sensex opened at 26,049, touched an intra-day high of 26,049 and low of 25,810.

Nifty closed with a loss of 68 points at 7,965, while BSE Sensex ended with loss of 192 points at 25860.

At day end, the sector gainers were Metal, Information Technology, Telecommunications and Telecom while losers were Banking, Auto, Healthcare, Oil & Gas and Consumer Durables on BSE.

Among the 50-stocks of Nifty, Hindalco, Bank of Baroda, TCS, ACC, PowerGrid were among the gainers on NSE, whereas Tata Motors, Zee Entertainment, Sun Pharma, Eicher Motors, Axis Bank were among the losers today.

On the global front, Japanese market Nikkei 225 was up 0.93%, Shanghai Composite was marginally up and Hang Seng down over 0.30%. While, European market FTSE 100 was marginally down, DAX was up 0.19% and the CAC 40 was trading up 0.23%.

The rupee was trading marginally down at 68.73 per US dollar.

Out of 1884 stocks traded on the NSE, 727 declined and 859 advanced today.

Top 5 Nifty Gainers: GAIL (3.40%), Tata Steel (3.20%), Infosys Ltd. (3.03%), TCS (2.17%) and NTPC (1.98%).

Top 5 Nifty Losers: Tata Motors (-0.99%), M&M (-0.85%), Bharti Airtel (-0.81%), Bajaj Auto (-0.81%) and Lupin Ltd. (-0.68%)

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Supported by positive Asian and European markets, the Indian stock market closed Wednesday trading session in the positive zone for the second consecutive session.

Investors still expected sentiment to remain weak given continued worries about the economic impact from Narendra Modi’s action, with volatility expected ahead of the monthly expiry of derivative contracts on Thursday.

Nifty ended the day at 8,033, up 31 points, while BSE Sensex closed at 26,052, up 91 points.

Economic Affairs Secretary Shaktikanta Das said that banks, NABARD and RBI have been advised to make cash available to district cooperative banks to ensure that farmers have access to funds. A total of Rs 21,000 crore has been sanctioned by NABARD to district central cooperative bank.

With the new currencies yet to reach many of the rural areas, the government said Rs 500 and Rs 2000 notes have been made available in 1.55 lakh post offices across the country. In addition, to promote greater usage of payments through e-wallets, RBI has decided to increase the monthly transaction limit for individuals from Rs 10,000 to Rs 20,000. Similar enhancements have also been announced by RBI for merchants.

Asian markets, Hong Kong’s Hang Seng and Shanghai Composite Index were marginally down, while Japan’s Nikkei was marginally up.

The S&P BSE Sensex closed at 26,052, up 91 points, while NSE Nifty ended the day at 8,033, up 31 points. A total of 6 stocks registered a fresh 52-week high in trade today, while 35 stocks touched a new 52-week low on the NSE. Out of 1,883 stocks traded on the NSE, 371 declined, 1243 advanced and 269 remained unchanged today.

The BSE Mid-cap Index is trading up 1.22% at 12043, whereas BSE Small-cap Index is trading up 1.51% at 11802.

Healthcare, Metal, Consumer Durables, Capital Goods sectors saw promising traction towards end of the trading hours, while Banking, Finance, Telecom, Power sectors indicated lack of trading activity on BSE.

The rupee was trading lower at Rs. 68.50/$.

Out of 1,883 stocks traded on the NSE, 371 declined, 1243 advanced and 269 remained unchanged today.

Top 5 Nifty Gainers: Asian Paints (1.54%), Infosys Ltd. (0.72%), TCS (0.72%), Wipro (0.46%) and Bajaj Auto (0.41%).

Top 5 Nifty Losers: Tata Motors (-2.55%), NTPC (-2.28%), ICICI Bank (-1.15%), GAIL (-1.43%) and Sun Pharma (-1.26%)

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