Markets continued to trade higher with the Nifty trading above 8,100 led by IT shares after a huge order win by Infosys.
9:35AM, the 30-share Sensex was up 69 points at 27,155 and 50-share Nifty was up 20 points at 8,116.
Meanwhile, foreign investors continued to remain buyers having bought stocks worth Rs 1,698 crore, as per provisional stock exchange data.
On the global front, Asian shares trimmed early gains. Japan's Nikkei and Shanghai Composite were trading 0.3% higher. However, Hang seng was down 0.4% and Singapore's Straits Times was trading lower by 0.5%.
US stocks ended lower on Thursday as profit taking in oil shares pared intra-day gains after the European Central Bank lowered its key policy rate. Further, US initial jobless claims rose to 302,000 last week, data showed.
The Dow Jones ended down 0.05% at 17,069.58, the broader S&P 500 closed 0.15% down at 1,997.65 and the tech-laden Nasdaq ended down 0.22% at 4,562.29.
Among the Sensex gainers, Infosys was up 1.5% after it signed a five-year group-wide IT outsourcing services contract with BP (formerly British Petroleum).
The Indian rupee was trading lower at Rs 60.43 compared to the previous close of Rs 60.36. On Thursday, the rupee had closed at one-month high of 60.36 paise, up 13 paise against the dollar on sustained selling of the US currency by exporters and some banks amid heavy capital inflows.
Infosys was up 2% at Rs 3790 on the BSE in the early morning trades after the company signed a five-year group-wide IT outsourcing services contract with BP (formerly British Petroleum). TCS and Wipro were up over 1.1% each.
Larsen & Toubro was up 1.7% after the engineering major won a Rs 5100 Crore Supercritical Power Plant Order from MP State Utility, 1320 MW Plant to be executed on EPC Basis Under Stringent Schedule
In the banking pack, ICICI Bank, SBI and Axis Bank were up 0.5-0.8% each.
Other Sensex gainers include, Sun Pharma, Tata Motors, Hindalco and Cipla among others.
HDFC was the top Sensex loser down 1.3% while ITC, Hero MotoCorp, Coal India and Tata Power were down on profit taking.
In the broader market, the BSE Mid-cap and Small-cap indices were up over 0.7% each.
Market breadth was strong with 1,511 gainers and 413 losers on the BSE.
9:35AM, the 30-share Sensex was up 69 points at 27,155 and 50-share Nifty was up 20 points at 8,116.
Meanwhile, foreign investors continued to remain buyers having bought stocks worth Rs 1,698 crore, as per provisional stock exchange data.
On the global front, Asian shares trimmed early gains. Japan's Nikkei and Shanghai Composite were trading 0.3% higher. However, Hang seng was down 0.4% and Singapore's Straits Times was trading lower by 0.5%.
US stocks ended lower on Thursday as profit taking in oil shares pared intra-day gains after the European Central Bank lowered its key policy rate. Further, US initial jobless claims rose to 302,000 last week, data showed.
The Dow Jones ended down 0.05% at 17,069.58, the broader S&P 500 closed 0.15% down at 1,997.65 and the tech-laden Nasdaq ended down 0.22% at 4,562.29.
Among the Sensex gainers, Infosys was up 1.5% after it signed a five-year group-wide IT outsourcing services contract with BP (formerly British Petroleum).
The Indian rupee was trading lower at Rs 60.43 compared to the previous close of Rs 60.36. On Thursday, the rupee had closed at one-month high of 60.36 paise, up 13 paise against the dollar on sustained selling of the US currency by exporters and some banks amid heavy capital inflows.
Infosys was up 2% at Rs 3790 on the BSE in the early morning trades after the company signed a five-year group-wide IT outsourcing services contract with BP (formerly British Petroleum). TCS and Wipro were up over 1.1% each.
Larsen & Toubro was up 1.7% after the engineering major won a Rs 5100 Crore Supercritical Power Plant Order from MP State Utility, 1320 MW Plant to be executed on EPC Basis Under Stringent Schedule
In the banking pack, ICICI Bank, SBI and Axis Bank were up 0.5-0.8% each.
Other Sensex gainers include, Sun Pharma, Tata Motors, Hindalco and Cipla among others.
HDFC was the top Sensex loser down 1.3% while ITC, Hero MotoCorp, Coal India and Tata Power were down on profit taking.
In the broader market, the BSE Mid-cap and Small-cap indices were up over 0.7% each.
Market breadth was strong with 1,511 gainers and 413 losers on the BSE.
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