Domestic benchmark indices pulled higher on Friday, riding piggyback on overnight gains in US peers and driven by IT and private banking stocks. At 9.22 am, the BSE Sensex moved up 145.89 points, or 0.43 per cent, to 34,415.55. The Nifty rose 0.42 per cent to 10,589.50, which had touched 10,600 in early trade. Most Asian markets from China to South Korea to Hong Kong are shut on Friday on account of a week-long Lunar New Year.
Market Now: These stocks zoomed over 10%
Shares of FCS Software Solutions (20 per cent), De Nora India (15.50 per cent), Nagarjuna Oil (13.16 per cent), Raj Rayon (11.11 per cent) and Responsive Industries (10.12 per cent) surged over 10 per cent in Friday’s trade.
Shares of GTN Industries (9.13 per cent), GSS Infotech (8.79 per cent), Praxis Home Retail Ltd. (7.63 per cent), 8K Miles Soft (7.54 per cent), Fourth Dimension Solutions Ltd. (6.09 per cent), Goenka DiamondBSE 4.29 % (5.88 per cent) and Servotech Power Systems (5.88 per cent) rallied up to 9 per cent.
Equity markets turned cautious on selling in bank, metal, FMCG and auto stocks. Benchmark NSE Nifty50 index was 10 points up at 10,555, while the BSE Sensex was 31 points up at 34,328 around 10:45 am (IST).
Among the 50 stocks in the Nifty index, 21 were trading in the green, while 29 were in the red.
Ambuja Cements, Tata Consultancy ServicesBSE 1.42 %, HCL Technologies, InfosysBSE 0.61 % and Dr Reddy’s Labs were among the top gainers in the Nifty pack of stocks.
However, YES Bank, Eicher Motors, State Bank of India, Axis BankBSE -1.37 % and Sun PharmaBSE -2.09 % were among the top losers.