Indian stock markets opened higher on Friday, buoyed by the US decision to pause tariffs for most countries—excluding China, which will face a 145% tariff rate.
At 9:40 hours, the 30-share benchmark index was trading at 74227.08 up by 1089.18 points or by 1.49 % and then NSE Nifty was at 22399.15 down by -136.7 points or by -0.61 %.
Sensex touched intraday high of 74859.39 and intraday low of 73424.92 The NSE Nifty touched intraday high of 22468.7 and intraday low of 22353.25
The top gainers of the BSE Sensex pack were Nestle India Ltd. (Rs. 2344.50,+3.04%), Hindustan Unilever Ltd. (Rs. 2349.45,+2.63%), Titan Company Ltd. (Rs. 3175.20,+1.66%), Power Grid Corporation of India Ltd. (Rs. 293.30,+1.56%), UltraTech Cement Ltd. (Rs. 11393.05,+1.03%), among others.
The top losers of the BSE Sensex pack were State Bank of India (Rs. 742.05,-3.43%), Mahindra & Mahindra Ltd. (Rs. 1272.20,-3.25%), Larsen & Toubro Ltd. (Rs. 3059.10,-3.23%), Tata Steel Ltd. (Rs. 127.20,-2.30%), Sun Pharmaceutical Industries Ltd. (Rs. 1652.10,-2.17%), among others.
Oil&Gas index was at 24156.41 up by 606.82 points or by 2.58%. Hindustan Petroleum Corporation Ltd. (Rs. 379.40,+2.78%), Bharat Petroleum Corporation Ltd. (Rs. 287.85,+0.75%), Petronet LNG Ltd. (Rs. 286.35,+0.47%), Indian Oil Corporation Ltd. (Rs. 131.55,+0.42%), Reliance Industries Ltd. (Rs. 1185.60,+0.27%),.
Power index was at 6376.52 down by 45 points or by 0.71%. Suzlon Energy Ltd. (Rs. 51.23,-3.50%), Siemens Ltd. (Rs. 2716.05,-1.75%), Adani Green Energy Ltd. (Rs. 860.75,-1.72%), JSW Energy Ltd. (Rs. 482.20,-1.63%), NTPC Ltd. (Rs. 348.75,-1.19%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4368 , shares advanced were 1604 while 2601 shares declined and 163 were unchanged.