Sensex, Nifty Open Higher On the Last Day of the Week; IT stocks Under Pressure

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ChiniMandi Mumbai: On Friday, the ,market opened higher opening with Nifty around 11,330 level. At 09:17 hrs IST, the Sensex is up 138.45 points at 37697.36, while Nifty is up 31.30 points or 0.28% at 11333.10. About 457 shares have advanced, 181 shares declined, and 22 shares are unchanged.

TCS, ICICI Bank, Yes Bank, RIL, SBI, Tata Steel are among major gainers on the indices, while losers are Asian Paints, Voltas, IOC, Wipro, HCL Tech, Infosys, Mahanagar Gas and Berger Paints.

On the sectoral front, IT and FMCG are trading marginally lower, while metal, pharma, auto and bank are witnessing buying interest.

The Indian rupee opened lower by 11 paise at 70.05 per dollar on Friday versus previous close 69.94.

US oil prices rose on Friday on renewed optimism that a trade deal between Washington and Beijing could be struck, as investors have been fearing that a protracted tariff war would harm global economic growth.

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