INSUBCONTINENT EXCLUSIVE:
After hitting an all-time highs on Thursday, domestic equity indices surged further on Friday
The SP BSE Sensex hit a fresh record high by opening above the 36,600 level at 36,635.14 for the first time ever
The NSE barometer Nifty50 also opened above the crucial 11,550 level at 11,056.90 for the first time ever
However, the indices were off the opening highs later
At 10:17 am, the 30-share Sensex was at 36,564.08 with a gain of 15.67 points or 0.04 per cent while the broader Nifty50 was at 11,016.60
with a loss of 6.60 points or 0.06 per cent
Asian shares were higher on Friday following gains on Wall Street overnight, as concerns over an escalating US trade war with China took a
Major gainers in the 30-share Sensex pack in the early session were Wipro (+1.61%), Infosys (+1.53%), Coal India (+1.23%), Adani Ports
(+0.88%), Tata Steel (0.86%) and TCS (0.84%)
Top laggards in the Sensex pack at the same time were Yes Bank (-0.12%), ICICI Bank (-0.15%), HDFC (-0.26%), Vedanta (-0.38%), ONGC (-0.44%)
and SBI (-0.99%).Wipro (+3.06%), Coal India (+1.68%), UltraTech Cement (+1.38%), Infosys (+1.29%) and Larsen Tourbo (+1.23%) led the pack
of Nifty gainers while the main losers on the index in the morning session were Bharti Infratel (-3.61%), HCL Tech (-1.78%), UPL (-1.71%),
Malaysia's IHH Healthcare Bhd, capping a months-long bidding war for control of the firm that drew interest from domestic and
Infosys shares rose by nearly 2 per cent in the opening trade on both the indexes as the IT major is set to report its earnings for the
5 per cent in June, from 4.87 per cent in the previous month
Separate data showed that industrial output slipped to 3.2 per cent in May from 4.9 per cent in the previous month.On Thursday, the Sensex
surpassed its previous record closing of 36,283.25 hit on January 29
