The Indian markets on Friday opened with minor gains, led by information and technology companies. The BSE Sensex gained near 140 points or 0.26 per cent to 52,792.4, while Nifty grew over 22 points or 0.14 per cent to 15,800.6 levels at open today.   

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In the broader markets category, the mid-cap index followed the suite of benchmarks and gained over 82 points or 0.3 per cent to 27594.4 at open on Friday. Similarly, another important Index — Nifty Bank was flat but positive, gaining by 7 points 0.02 per cent to 34698.8 today at the market open.      

 

Of 50 scrips on Nifty50, 23 advanced, 25 declined and two remained unchanged at the market open today. On the back of in-line first-quarter numbers, Tech Mahindra spurted over 5 per cent at open today, followed by Power Grid, TCS, and Hero MotoCorp gained by around 1 per cent.

Bajaj Finserv slumped most in the early morning trade by over 1.5 per cent, followed by SBI Life and Grasim declined around 1 per cent minutes after the market open.

Almost all sectoral indices opened in the green today, except for Nifty Metal and Realty. However, minutes after the market open banking and financial stocks which were positive declined, along with metal and realty. Nifty Auto and IT surged most in the trade, while Nifty Bank fell most.  

On the global front, US markets on Thursday hit a fresh new all-time high as macro data shows growth momentum intact. While Asian markets opened weak with the Japanese 'Nikkei' trading lower on the last day of the week as Covid ‘Delta Variant’ cases see a rise globally.

Another important trigger to the domestic markets, Foreign Institutional Investors (FIIs) sold shares worth Rs 866.26 crore in cash and bought Rs 2046.96 crore in index futures on Thursday.

The Nifty on Thursday had a positive session after 2 days’ sell-off as metals, Reliance, and SBI led the gainers with the Nifty closing higher by 70 points after being up almost 110 points intraday.