Equity indices opens in green; SBI, Sun Pharma in focus ahead of earnings

Shares of State Bank of India, Sun Pharmaceuticals and Cipla will be in focus today as the companies are set to announce financial results for the quarter ended on June 30.

Equity indices opens in green; SBI, Sun Pharma in focus ahead of earnings
At 1000 hours the Sensex was trading at 28,123.55, up 264 points. Photo: IANS
Written By: ZeeBiz WebTeam
Updated: Fri, Aug 12, 2016
10:11 am
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Anil Singhvi’s Strategy June 23: Day support zone on Nifty is 15,700-15,750 & Bank Nifty is 34,400-34,600 Anil Singhvi’s Strategy June 23: Day support zone on Nifty is 15,700-15,750 & Bank Nifty is 34,400-34,600
Stocks in Focus on June 23: NMDC, BEL, India Pesticides, Wabco India to PNB Housing; here are the 5 Newsmakers of the Day Stocks in Focus on June 23: NMDC, BEL, India Pesticides, Wabco India to PNB Housing; here are the 5 Newsmakers of the Day
Stock Markets CLOSING BELL! After touching 53K life-high, Sensex disappoints with flat closing; Maruti, TCS, Titan gain; Nestle, HUL fall Stock Markets CLOSING BELL! After touching 53K life-high, Sensex disappoints with flat closing; Maruti, TCS, Titan gain; Nestle, HUL fall
Stock Markets CLOSING BELL! Sensex, Nifty end on a high; Nifty PSU Bank gains 4%; NTPC, Titan, SBI among top gainers Stock Markets CLOSING BELL! Sensex, Nifty end on a high; Nifty PSU Bank gains 4%; NTPC, Titan, SBI among top gainers

Indian equity markets on Friday opened in green on the back of positive Asian cues. The BSE benchmark Sensex jumped over 180 points at 28,043.86. While NSE's Nifty surged 40 points at 8634.75.

At 1000 hours the Sensex was trading at 28,123.55, up 264 points, or 0.95% and Nifty was trading at 8,664.80, up 73 points, or 0.85%.

On 30-share benchmark, among the top gainers were Hindustan Copper (5.16%), LIC Housing Finance Ltd (4.30%), MMTC Ltd (3.79%), Indian Bank (3.49%) and Cairn India (3.14%). Among losers were Aditya Birla Nuvo (-18.82%), City Union (-2.16%), Escorts (-1.93%), Grasim Industries (-1.87%) and Wockhardt (-1.83%).

Rupee opened higher at 66.83 per dollar as against Thursday's close of 66.84. 

Shares of State Bank of India, Sun Pharmaceuticals and Cipla will be in focus today as the companies are set to announce financial results for the quarter ended on June 30.

Asian stocks rose slightly in early Friday trade, taking a cue from Wall Street's records overnight, before switching focus to a run of economic indicators from China. MSCI's broadest index of Asia-Pacific shares outside Japan nudged up 0.1%. It was headed to gain 1.9% on the week, having brushed a 1-year high on Wednesday, Reuters reported.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.