TIWN
Mumbai, Jan 8 (TIWN) Favourable global cues along with positive domestic macro economic data pushed the Indian equity indices higher during the mid-afternoon trade session on Friday.
Buying interest was visible across sectoral indices. Amongst sectors, Media, Auto, IT, Realty and Pharma space is outperforming. At 1.30 p.m., the NSE Nifty50 traded at 14,287.35 points, higher by 150 points, or 1.06 per cent, from its previous close. Similarly, the S&P BSE Sensex made gains. It traded higher by 467.67 points, or 0.97 per cent, at 48,560.99 points from its previous close. "The advance decline ratio continues to signal the bullish mood of the market," said Jay Purohit, Technical & Derivatives Analyst, MOFSL. "Market seems to conclude the week on a bullish note."
- IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
- realme set to shake up market: Launching fastest entry-level 5G smartphone 'C65' under Rs 10k
- India's industrial production accelerates to 5.7pc in Feb
- India records 17 pc jump to become 4th largest exporter of digital services: WTO report
- 300 pc rise in market cap to Rs 400 lakh crore in last 10 years driven by strong economic fundamentals