Tracking positive global cues, both Sensex and Nifty have extended its rally for the sixth consecutive session. BSE Sensex is trading at 39,271.65 up 158.18 points or 0.40% and the Nifty50 is trading at 11,612.15 up 52.90 points or 0.46%.
The Nifty Bank is trading up 1.61% at 23,980.25 while Mid-cap index is up by 1.31%.
Axis Bank, ZEEL, IndusInd Bank, UPL and Bharti Infratel are the top gainers. Tata Motors, HDFC Bank, JSW Steel, Kotak Bank and Asian Paints are the top losers.
The India VIX continued to cool down, slipping below 19 levels during the initial minutes of trade.
All sectoral indices were trading with gains, except the auto index.
Banking and finance stocks continued to be favoured on D-Street rising again on Friday, although Kotak Mahindra Bank and HDFC Bank were down trading with losses.
Axis Bank was up 4% to be the top Sensex gainer, followed by IndusInd Bank and ICICI Bank. HDFC Bank and HCL Technologies were the worst performing Sensex constituents, down over 0.50% each.
On the BSE Midcap index, Canara Bank and Federal Bank were the top gainers, up close to 7% each. Datamatics Global Services and Responsive Industries were the top BSE Smallcap gainers
Varroc Engineering and Bajaj Holdings were the top losers on the Midcap index. ABB Power India was down over 8% making it the top BSE Smallcap drag, followed by Usha Martin.
