The S-P BSE Sensex and NSE Nifty indices had ended 0.42% and 0.27% higher respectively on ThursdayDomestic stock markets are likely to open higher on Friday amid gains in Asian peers.
At 8:26 am, the Singapore Exchange (SGX) Nifty futures - an early indicator of the National Stock Exchange (NSE) Nifty index in India - were up 37.00 points (0.31 per cent) at11,924.50, after rising to as high as11,926.00.
Equities in other Asian markets jumped following a record high in Wall Street, after White House comments suggestedWashington and Beijing were close to striking a trade deal, reviving hopes the tariff war may near an end.MSCI's broadest index of Asia-Pacific shares outside Japan was last seen trading 0.67 per cent higher, and Japan's Nikkei 225 index rose 0.76 per cent.Telecom stocks will be in focus on Friday, a day after telecom majors Vodafone Idea and Bharti Airtel reported huge losses in the July-September period on account of high provisions for outstanding government dues.Vodafone Idea reported a consolidated net loss of Rs.
50,900 crore in the second quarter to September.
Rival private sector telecom company Bharti Airtel posted a consolidated net loss of Rs.
23,045 crore in the same quarter.On Thursday, the S-P BSE Sensex index had risen170.42 points - or 0.42 per cent - to end at40,286.48 and the broader NSE Nifty benchmark settled at11,872.10, up 31.65 points (0.27 per cent) from the previous close.Get Breaking news, live coverage, and Latest News from India and around the world on TheIndianSubcontinent.com.
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