Sensex, Nifty trade marginally higher
India's key equity indices-Sensex and Nifty-have opened marginally higher in early trade on Friday on back of healthy buying in automobile, FMCG and oil and gas stocks.
The Indian equity markets opened on a flat-to-positive note on Friday as healthy buying was witnessed in automobile, FMCG and oil and gas stocks.
Around 9:19 am, the wider Nifty of the National Stock Exchange (NSE) rose by 28.65 points or 0.30% to 9,606.70 points.
The 30-scrip Sensitive Index Sensex of the BSE, which opened at 31,160.47 points, traded at 31,142.05 points -- up 66.32 points or 0.21% from its previous close at 31,075.73 points.
The BSE market breadth was bullish -- with 805 advances and 290 declines.
On Thursday, the benchmark indices slipped into the negative territory, a day after US Federal Reserve hiked its benchmark rates.
The Nifty fell by 40.10 points or 0.42% to close at 9,578.05 points, while the Sensex closed at 31,075.73 points -- down 80.18 points or 0.26%.