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Daily Relative Strength Index (RSI) In A Bullish Mode of This Pharma Stock; Buy For TP Rs 635-685 -
HDFC Bank Q4 Preview: Net Profit Likely To Grow 56% YoY; Credila Stake Sale To Fuel Earnings -
1:10 Split, Rs 299/Sh Dividend: Tata's Steel Stock Up 11% In 30-Days, Better Than Nifty; PL Says Accumulate -
625% Dividend, 1:10 Split, 3 Bonus; FMCG ITC Makes Big Acquisition Announcement; Stock Target Prices In April -
2:1 Bonus Issue: IT Penny Stock Turned; 1,600 Shares Market Lot Size Revised To 4,800 Shares -
FREE, FREE, FREE! 3:1 Bonus: Pharma Stock Hits Back-To-Back Upper Circuits; 500 Shares To Earn Rs 1,69,500 -
1:10 Stock Split: Below Rs 10, Fertilizer Sector Turned Ex-Split; 8,282% Returns In 5 Years -
Rs 17/Share Dividend: Record Date On April 26; Buy The ICICI Group Stock To Be Eligible? -
Honasa Consumer to Strengthen Operations by Merging Fusion Cosmeceutics and Just4Kids -
Wipro Reports 7.8% Decline in Q4 Net Profit; CEO Highlights Economic Challenges
Markets edge higher as Asian stocks rally
The Sensex was trading with gains of 77 points, while the Nifty rallied 19 points in early trade. Among the winners in trade were Bharti Airtel, Tata Steel, Tata Motors and Dr Reddy's Labs.
State Bank of India was trading with gains ahead of its results to be declared later today. Banking stocks which fell sharply on Thursday saw some buying support with Yes Bank gaining 1 per cent, while Punjab National Bank also gained 1 per cent and Bank of Baroda 1.6 per cent.
Cipla which had fallen sharply on Thursday, following a dismal set of results was trading flat.
Shares in Future Retail rallied three per cent after the RBI lifted FII restrictions for buying shares in the company. However, ITI fell despite the government okaying financial assistance for the company.
Mid cap stocks were having a good day in trade with notable gainers being Reliance Communications, Voltas, India Cements and Unitech.
However, Allahabad Bank and Petronet LNG lost ground in trade. Realty stocks which had gained substantial ground on Thursday shed gains with Sobha Developers, Godrej Properties and Oberoi Realty being among the early losers in trade.
Meanwhile, Asian markets rallied following higher than expected Chinese Inflation data. The Hong Kong's Hang Sang, the Shanghai Composite and the Seoul Composite were all trading with gains.
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